At 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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