New Hampshire has one of the highest average effective property tax rates in the nation. Current sources converge on a statewide average effective rate of roughly 1.5% (SmartAsset and Tax Foundation cite 1.46%-1.50%), about 1.5x the ~0.99% national average; some sources cite a higher ~1.8% median rate depending on methodology. NH ranks 4th highest by effective rate nationally, and among the top 2-3 states by property tax share of income or median dollar amount paid, because NH has no broad-based income or sales tax and relies on property tax for about 59.5% of state and local tax revenue. County effective rates range from about 1.12% (Belknap County) to 1.84% (Cheshire County).
Example: SmartAsset's current data puts New Hampshire's statewide median annual property tax payment at $6,707, one of the highest in the nation. County medians range from about $3,388 (Coos County) to $7,771 (Rockingham County), and reported bills on a $535,000 median-priced home range from about $3,070/year in low-tax towns to about $14,369/year in higher-tax municipalities.
New Hampshire has no traditional statewide homestead exemption; instead it relies on optional, locally-adopted exemptions (elderly, disabled, blind, veterans) that each town or city may or may not adopt, setting its own dollar amounts and income/asset thresholds — so identical exemption categories can vary enormously or be unavailable depending on municipality. Always verify current-year figures with the local town/city assessor. Key sources: Tax Foundation (taxfoundation.org/location/new-hampshire/), SmartAsset NH Property Tax Calculator, NH Dept. of Revenue Administration (revenue.nh.gov), and April 2026 NHPR reporting on statewide rate/tax-base variation.
Facts on this page reflect research current as of 2026-07-05. Programs, rates, and laws change — confirm current figures with the relevant state agency before relying on them.