The average New Hampshire property tax rate is about 1.5% of a home’s value, which comes to roughly $6,667 a year on the typical New Hampshire home. That makes New Hampshire property tax one of the higher burdens in the country. This guide breaks down the New Hampshire property tax rate, what the typical bill looks like, how your bill is figured, where the money goes, and — most useful
of all — how to check whether you are overpaying and how to pay less.
New Hampshire Property Tax at a Glance
| Effective tax rate | 1.5% |
| Median annual bill | $6,667 |
| Median home value | $402,500 |
| Rank among states | #5 of 50 highest |
| vs. U.S. average | $2,396 above the U.S. average ($4,271) |
| Reassessed | By law (RSA 75:8-a), every municipality must fully revalue all property at least once every five years, with assessors maintaining equity in the interim years; values are set annually as of April 1. |
Rate & bill: U.S. Census Bureau ACS 2024 5-year (effective rate B25090/B25082 – the Tax Foundation method; median bill B25103; value B25077).
| New Hampshire Property Tax | Figure |
|---|---|
| Effective property tax rate | 1.5% |
| Median annual property tax bill | $6,667 |
| Median home value | $402,500 |
| Rank (highest to lowest) | #5 of 50 states |
| U.S. average bill | $4,271 |
In This New Hampshire Guide:
What Is the New Hampshire Property Tax Rate?
The New Hampshire property tax rate is not one flat number — it is the combined result of your county, city, township, and school-district rates, applied to your home’s assessed value. Across New Hampshire, homeowners pay about 1.5% of their home’s value on average, or around $6,667 a year on a typical $402,500 home. That puts New Hampshire near the top nationally — ranked #5 of 50 states from highest
to lowest.
Two homes worth the same amount can still owe very different bills depending on the town and school district, so treat the statewide figure as a starting point, not your exact bill.
The assessed value on this page is the town’s estimate of what your home would sell for, and the rate applied to it is really four local rates added together — so a higher bill often reflects local school and municipal budgets, not just your home alone. A calm first step is to review your assessment for errors and compare it to similar nearby homes, then ask your town or
city assessor about any exemptions or credits you may qualify for.
If the assessed value still looks too high, many homeowners file an abatement request with the assessor (under RSA 76:16); check your notice or assessor’s office for the current filing window.
Think your New Hampshire bill is too high? Check in two minutes.
How New Hampshire Property Tax Is Calculated
Your New Hampshire property tax starts with an assessed value set by Property is assessed locally at the municipal level, not by counties. Each town or city has an assessing office — a municipal assessor, or in smaller towns the selectmen or a contracted assessing firm — that discovers, lists, and values every property. The New Hampshire Department of Revenue Administration (Municipal and Property Division) and its Assessing Standards Board
oversee and equalize assessments statewide..
New Hampshire assessors estimate the fair market value of your property as of April 1 each year, and the value shown on your notice is the assessed value used for your bill. Because assessments and true market value can drift apart between updates, the state applies an equalization ratio set under the law rather than a figure you should assume — check the assessed value printed on your own notice.
That assessed value is then multiplied by the combined local tax rate to produce your bill. In New Hampshire, property is generally reassessed By law (RSA 75:8-a), every municipality must fully revalue all property at least once every five years, with assessors maintaining equity in the interim years; values are set annually as of April 1.. The single most important number to check is your assessed value: if it is
higher than what your home would sell for, your bill is too high — and that is exactly what an appeal fixes.
📨 Get Free Property Tax Guides Alerts
Free · No spam · Unsubscribe anytime
The actual rates in New Hampshire are set by No single office sets one rate. A New Hampshire bill combines four separately set components — the municipality (town or city), the local school district, the county, and a statewide education portion — which are added together. Local appropriations voted at town meeting or by the city drive the municipal and school pieces, and the Department of Revenue Administration certifies the
final combined rate each fall..
That is why your neighbor one town over can pay a different bill on an identical house.
Where Your New Hampshire Property Tax Money Goes
Property taxes are the main way New Hampshire funds local government, and the largest share generally goes to public schools. The rest supports municipal services (police, fire, roads, and general town operations) and county services. For most New Hampshire homeowners, the school-district share is the biggest single piece of the bill, which is why property taxes tend to be highest where schools rely most on local funding.
One New Hampshire note: New Hampshire is unusual in having no broad-based personal income tax or general sales tax, so it leans heavily on the local property tax to fund schools and town services — which is a big reason bills here tend to run high. It also has a distinctive statewide education property tax component built into the overall rate.
How New Hampshire Property Tax Compares
The U.S. average property tax bill is about $4,271 a year. The typical New Hampshire bill of $6,667 is $2,396 above that. Remember that a low rate does not always mean a low bill — a state with cheap rates but expensive homes can still cost you more than New Hampshire. The dollar bill and your own assessment matter more than the headline rate.
How to Lower Your New Hampshire Property Tax
You cannot change the New Hampshire property tax rate, but you have two real levers on your own bill. First, claim every exemption you qualify for. New Hampshire offers property tax relief that can lower a qualifying homeowner’s bill, including an elderly exemption for residents 65 and older, veterans’ tax credits, and exemptions for disabled and blind homeowners, plus a state Low and Moderate Income Homeowners Property Tax Relief program.
Eligibility rules (age, residency, income, and asset limits) vary and are largely set locally, so check with your town or city assessor to see whether you qualify — do not assume any specific amount. Second, appeal your assessment if your home is valued higher than it would sell for — studies suggest a large share of homes are over-assessed, and appeals often succeed.
Don’t want to appeal your New Hampshire taxes yourself? A property tax appeal service can file everything for you and usually only charges if it wins — typically a share of what it saves you. It is one option; you can also appeal on your own for free.
Frequently Asked Questions
What is the New Hampshire property tax rate?
The average effective New Hampshire property tax rate is about 1.5% of a home’s value, based on U.S. Census data. On the typical New Hampshire home that works out to roughly $6,667 a year. Your own bill depends on your county, city, and school district, plus any exemptions you claim — see the data box above.
Why is my New Hampshire property tax so high?
Property tax in New Hampshire is driven mostly by your local rates (especially school levies) and by your home’s assessed value. If your assessment is higher than what your home would actually sell for, you may be overpaying — that is the most common reason a bill is too high, and it is something you can appeal.
How can I lower my New Hampshire property tax?
Two things help most in New Hampshire: make sure you are claiming every exemption you qualify for (homestead, senior, veteran, or disability), and appeal your assessment if your home is over-valued. Both can lower your bill, and both are free to do yourself.
New Hampshire Property Tax Sources & Data
- New Hampshire Department of Revenue (property tax): https://www.revenue.nh.gov/taxes-glance/property-tax
- Tax Foundation — Property Taxes by State & County: taxfoundation.org
- U.S. Census Bureau (American Community Survey): census.gov/acs
- Lincoln Institute of Land Policy (property tax data): lincolninst.edu
New Hampshire property tax rates and typical bills on this page come from U.S. Census (American Community Survey) data as
published by the Tax Foundation, and were last checked in July 2026. Rates and bills change each year and vary by county
— confirm your own figures with your county assessor before you rely on them.
More Property Tax Guides
- Property Tax Rates by State
- Property Tax by County
- Are You Overpaying? Over-Assessment Checker
- Property Tax Exemption Finder
Disclaimer: This guide is informational only and is not legal, tax, or financial advice. Know Property Tax is an independent educational resource. It is not a government agency, not a county assessor, and not a tax-appeal service. Property tax rates, bills, exemptions, and deadlines change over time and vary by county and property. Confirm anything that affects your taxes with your county assessor or a licensed professional before you act.