Property Taxes - Revision history

Lamp at 17:17, 10 March 2026

2026-03-10T17:17:38Z

← Older revision		Revision as of 17:17, 10 March 2026
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	[[category:taxes]]		[[category:taxes]]

			https://joeshimkus.com/NH-Tax-Rates.aspx

	=New Hampshire Property Taxes=		=New Hampshire Property Taxes=
	New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue.		New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue.

AvoidantDRS: /* Property Tax Relief */

2024-11-17T00:44:00Z

Property Tax Relief

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	==Property Tax Relief==		==Property Tax Relief==
	Low-Income residents can file for property tax relief per [https://www.gencourt.state.nh.us/rsa/html/XV/198/198-57.htm RSA 198-57]. The amount of the relief check varies based on income and assessed property values. The highest possible relief is 100.0% of $220,000 of assessed value.		Low-Income residents can file for property tax relief per [https://www.gencourt.state.nh.us/rsa/html/XV/198/198-57.htm RSA 198-57]. The amount of the relief check varies based on income and assessed property values. The highest possible relief is 100.0% of $220,000 of assessed value. More information [https://www.revenue.nh.gov/resource-center/frequently-asked-questions/low-moderate-property-tax-relief here].

	{\| class="wikitable"		{\| class="wikitable"

AvoidantDRS at 00:41, 17 November 2024

2024-11-17T00:41:30Z

← Older revision		Revision as of 00:41, 17 November 2024
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	These vary heavily but can be seen [https://www.revenue.nh.gov/about-dra/municipal-and-property-division/municipal-and-property-reports/municipal-and-village here]. Each municipality or county has a more detailed breakdown.		These vary heavily but can be seen [https://www.revenue.nh.gov/about-dra/municipal-and-property-division/municipal-and-property-reports/municipal-and-village here]. Each municipality or county has a more detailed breakdown.

			==Property Tax Relief==
			Low-Income residents can file for property tax relief per [https://www.gencourt.state.nh.us/rsa/html/XV/198/198-57.htm RSA 198-57]. The amount of the relief check varies based on income and assessed property values. The highest possible relief is 100.0% of $220,000 of assessed value.

			{\| class="wikitable"
			\|-
			! Income Bracket (Single)
			! Income Bracket (Married/Head of Household)
			! Relief Percent
			\|-
			\| $23,099 or less
			\| $29,399 or less
			\| 100.0%
			\|-
			\| $23,100 to $27,799
			\| $29,400 to $35,299
			\| 60.0%
			\|-
			\| $27,800 to $32,399
			\| $35,300 to $41,099
			\| 40.0%
			\|-
			\| $32,300 to $37,000
			\| $41,100 to $47,000
			\| 20.0%
			\|}

AvoidantDRS at 00:05, 17 November 2024

2024-11-17T00:05:55Z

← Older revision		Revision as of 00:05, 17 November 2024
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	New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue.		New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue.

	==Property Taxes ~~Overview~~==		==State Property Taxes==
	===Statewide Education Property Tax (SWEPT)===		===Statewide Education Property Tax (SWEPT)===
	The State mandates each locality collect a portion to be paid towards Education. It is required that the levy raises a total of [https://www.nh.gov/transparentnh/glossary/education-property-taxes.htm $363,000,000] per year across the whole state, and rates change every year in order to achieve this. It is a [https://www.revenue.nh.gov/taxes-glance/statewide-education-property-tax Statewide Education Property Tax uniform rate] which the New Hampshire Department of Revenue Administration orders all Selectmen to levy in their towns in addition to local taxes. In the case of unincorporated regions, this component is offset with a [https://www.nhbr.com/state-education-property-tax-on-trial-again/ negative local tax rate equivalent to this rate].		The State mandates each locality collect a portion to be paid towards Education. It is required that the levy raises a total of [https://www.nh.gov/transparentnh/glossary/education-property-taxes.htm $363,000,000] per year across the whole state, and rates change every year in order to achieve this. It is a [https://www.revenue.nh.gov/taxes-glance/statewide-education-property-tax Statewide Education Property Tax uniform rate] which the New Hampshire Department of Revenue Administration orders all Selectmen to levy in their towns in addition to local taxes. In the case of unincorporated regions, this component is offset with a [https://www.nhbr.com/state-education-property-tax-on-trial-again/ negative local tax rate equivalent to this rate].
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	Brookline, as a final example, was ordered to raise $1,283,080, which would have been the same average rate of $1.220/$1000. They ended up charging a total $1.12/$1000 in order to raise $1,281,549. The remaining deficit for this town is made up for with its utility properties.		Brookline, as a final example, was ordered to raise $1,283,080, which would have been the same average rate of $1.220/$1000. They ended up charging a total $1.12/$1000 in order to raise $1,281,549. The remaining deficit for this town is made up for with its utility properties.

			==Local Property Taxes==
			Remaining Property Taxes, which make up the bulk of property taxes levied, are determined, changed, and set locally. These consist of several components:
			* County Tax Rate
			* Municipal Tax Rate
			* Local Education Tax Rate
			* Village District Tax Rates (covering villages which don't have a local Fire, Water, or Sewage utility and pay other towns for the services)

			These vary heavily but can be seen [https://www.revenue.nh.gov/about-dra/municipal-and-property-division/municipal-and-property-reports/municipal-and-village here]. Each municipality or county has a more detailed breakdown.

AvoidantDRS: Created page with "category:taxes =New Hampshire Property Taxes= New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue. ==Property Taxes Ov..."

2024-11-16T23:56:37Z

Created page with "category:taxes =New Hampshire Property Taxes= New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue. ==Property Taxes Ov..."

New page

[[category:taxes]]
=New Hampshire Property Taxes=
New Hampshire has a property tax assessed on physical real estate. Property Taxes contain multiple components, and different property types are taxed differently. The State-level property tax is consistent across the state, while localities vary widely. Statewide Property Taxes are estimated to make up [https://www.nh.gov/transparentnh/where-the-money-comes-from/index.htm 11%] of State Yearly Revenue.

==Property Taxes Overview==
===Statewide Education Property Tax (SWEPT)===
The State mandates each locality collect a portion to be paid towards Education. It is required that the levy raises a total of [https://www.nh.gov/transparentnh/glossary/education-property-taxes.htm $363,000,000] per year across the whole state, and rates change every year in order to achieve this. It is a [https://www.revenue.nh.gov/taxes-glance/statewide-education-property-tax Statewide Education Property Tax uniform rate] which the New Hampshire Department of Revenue Administration orders all Selectmen to levy in their towns in addition to local taxes. In the case of unincorporated regions, this component is offset with a [https://www.nhbr.com/state-education-property-tax-on-trial-again/ negative local tax rate equivalent to this rate].

In 2024, this rate was [https://www.revenue.nh.gov/about-dra/municipal-and-property-division/municipal-and-property-reports/municipal-and-village $1.220/$1000], and it will be $1.120/$1000 in 2025. However, this rate is not necessarily the final rate, as the Selectmen adjust the rate based on various local factors, such as Property Tax Relief claims.

====Utility and Railroad Properties====
The State determines that these properties will be taxed at 0.66% for the purpose of the Statewide Education Property Tax.

====SWEPT In-Depth====
Here is an example of the [https://www.revenue.nh.gov/about-dra/municipal-and-property-division/municipal-and-property-reports/municipal-and-village SWEPT].

In 2024, the Selectmen of Albany Municipality were ordered to raise a total of $228,375, which would have been an average rate of $1.220/$1000. They ended up charging a total $1.68/$1000 in order to raise $228,460. Once you include their utility properties, they had an over-payment, and this goes to subsidize other towns which couldn't raise the required amount.

Brookfield, by comparison, was ordered to raise $230,842, which would have been the same average rate of $1.220/$1000. They ended up charging a total $0.96/$1000 in order to raise $194,802. This is a large deficit even with their utility properties included.

Brookline, as a final example, was ordered to raise $1,283,080, which would have been the same average rate of $1.220/$1000. They ended up charging a total $1.12/$1000 in order to raise $1,281,549. The remaining deficit for this town is made up for with its utility properties.