New Hampshire Property Tax Rates 2016

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property taxesAt the end of every year, around October, our state releases the new property tax rates for the year.  BUT, tax rates are just part of the story for determining your property taxes.

There may be an Equalization Ratio that needs to be applied to the value of your home, and this is determined by how close your house’s Assessment is VS the Market Value. What’s an equalization ratio: http://jennifercote.info/how-is-an-equalization-ratio-used-in-nh-property-tax-calculations/

$YOUR TAXES$ =  (ASSESSED VALUE * TAX RATE)/1000

Below is a list of a few southern New Hampshire towns.  For the statewide list go to: NH Department of Revenue Administration.
(A higher tax rate doesn’t necessarily mean that town charges more in taxes.)

Southern NH 2016 Tax Rates

Per $1,000

Amherst $25.10
Derry $27.06
Hudson $21.97
Litchfield $21.60
Londonderry $21.50
Merrimack $22.79
Hollis $23.43
Milford $28.96
Nashua $25.07
Pelham $20.95
Salem $20.43
Windham not in yet

-Just my thoughts. Jenn

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The End of the Hometown

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When asked where’s your hometown, how do you respond: the one you were born in, or the one you grew up in?

Seeing as the median duration in a residence is only 5.2 years* most of us have moved multiple times since birth.  So people aren’t tied to one location in today’s mobile society and many are missing that connection to a town.

I would always respond that I was born in Lowell, MA but moved a couple times before Nashua…which is where I grew up.  I have a connection to both, but my hometown is Nashua.

So I ask the question in my next post: What is home?

It’s just something I’ve been thinking about, the loss of the hometown.

NashuaMyHometown1Just my thoughts. -Jenn Cote

*https://www.census.gov/sipp/p70s/p70-66.pdf  page 4 “Seasonality of Mobility and Duration of Residence” Household Economic Studies  By Kristin A. Hansen

FACEBOOK: topNHhomes

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