New Hampshire

New Hampshire has an effective property tax rate of 1.86%, with a median annual property tax of $6,505. Properties are assessed at 100.0% of market value and reassessed every 5 years (statistical update required; full revaluation required by dra). Payments are due semi-annual.

Effective Rate

1.86%

Assessment Ratio

100.0%

Median Annual Tax

$6,505

Payment Frequency

Semi-Annual

Appeal Deadline

By March 1 following final tax bill to local Board of Tax and Land Appeals or Superior Court

Due Dates

Varies by town; typically July 1 and December 1 (or semi-annual in two installments set by municipality)

Reassessment Cycle

Every 5 years (statistical update required; full revaluation required by DRA)

Homestead Exception

No general homestead exemption. Elderly exemption available in many towns ($5,000-$175,000 depending on municipality/age). Veterans exemption: $500 standard credit.

Key Notes

No broad-based income tax or sales tax; property tax is primary revenue source. Among the highest property tax rates in the nation. Local education funding heavily reliant on property tax. Statewide education property tax partially equalizes funding.

Late Penalty

8% to 12% annual interest on delinquent taxes (set by municipality); most towns charge 8%

Back to US Property Tax Guide