All About New Hampshire Real Estate!
Updated several times a week with new news and info!All the info you need!!
Our goal is to give you all the info you need regarding real estate in New Hampshire through useful data and sales info, useful links, and frequent updates on new real estate related news. In addition we can provide you access the entire New Hampshire Realtor MLS database, allowing you to search for every home listed with New Hampshire Realtors AND its updated hourly! Plus you can now get a FREE online market analysis of your properties value with no obligation.
Southern NH Equalized property Tax Rates
All information is subject to error, omission and change without notice. Always contact the appropriate Town Hall for the latest tax rates and assessment ratiosIt is important to always use the Equalized or Effective property tax rate when comparing towns, not the Full Tax rate. The Equalized rate is determined by taking the Full Tax rate and multiplying it by the percentage of your homes assessment rate (the home value as determined by the Town accessor).
For an example, let's use some round number just to make the math easy:
If the town Full Tax rate is set at $30.00 per thousand and the home is valued by the Town (your assessment) at $100,000.00, and the assessment ratio is 90%
At $30.00 per thousand, it would be $30 X 90% = $27.00 per thousand for your property tax. This home would receive a yearly property tax bill of $2700.00
Sounding like a math quiz yet? If this makes no sense or bores you silly simply call me and I'll figure it out for you. Property prices from town to town naturally tend to follow the tax rate wherein a town with very high taxes have property prices that are somewhat adjusted for the high taxes. I always recommend that buyers determine what towns they are interested in based upon commute, lifestyle, schools and other information that matters to them and then judge each home on its value taking the taxes on it into consideration. If you eliminate an entire town because of taxes you may limit your options in this tight Real Estate Market. In the end, call the towns that you are interested in directly before making any decisions
Below are two links to state government sites with tax information. These links will open a new page. If you have a pop up blocker simply right click the link and select "open in new window" from the menu that appears.
Before clicking on the links below PLEASE take the time to read the info above or you may draw the wrong conclusions from the state web sites. Trust me on this!
New Hampshire Community Profiles Useful site with lots of info not only on taxes but also demographic info such as incomes, populations, businesses etc.The tax data seems to always be 2 years old though.
<State Dept of Revenue Tax Data. This site is as up to date as you can find short of calling each town hall. New tax rates are set by most towns in the spring and this site usually gets updated in the summer. The site changes frequently so be sure to note whether they are presenting equalized data or not.
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Hosted by John R. Fisher, Prudential Verani-Foster Realtors. 633 Elm St, Milford NH 03055 (603) 674-4675 (603) 459-0530
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