Moultonborough, New Hampshire Property Taxes
The median property tax rate in Moultonborough, NH is 0.90%, which is notably lower than both the national median of 0.99% and the New Hampshire state median of 1.91%. With a median home value of $1,438,500 in Moultonborough, the typical annual property tax bill amounts to $20,096, significantly surpassing the national median of $2,690. Property taxes in Moultonborough are based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Moultonborough's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Moultonborough or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moultonborough, New Hampshire Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
1.91%
Estimate Property Tax Bill
$3,820
Ownwell’s Moultonborough Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moultonborough with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moultonborough to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Moultonborough, New Hampshire
Property taxes in Moultonborough, New Hampshire, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Moultonborough is 0.90%, slightly below the U.S. national median of 0.99%. Local government entities within Moultonborough set these rates annually, and they can vary across different neighborhoods. Each year, Moultonborough estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Moultonborough's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the zip code 03254 has the highest median property tax rate of 0.90%, while the same zip code also has the lowest median tax rate of 0.90%. Understanding how these areas compare with Moultonborough provides valuable insights into the varying tax landscape across Belknap County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Moultonborough Tax Rate
0.90%
Average Belknap County Tax Rate
1.48%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Moultonborough, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03254 | 0.90% | 0.90% | 0.90% | 1.40% | 1.40% |
Source: Ownwell
Property Tax Assessment Values Across Moultonborough, New Hampshire
In Moultonborough, New Hampshire, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Belknap County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Moultonborough, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Moultonborough helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The ZIP code 03254 has the highest median tax bill of $20,096, reflecting the diverse property values within the area.
Property Tax Assessment Values Across Moultonborough, New Hampshire
Source: Ownwell
$180,762
$809,631
$1,438,500
Average Moultonborough Assessed Value
$1,438,500
Average Belknap County Assessed Value
$267,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Moultonborough, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03254 | $144,370 | $154,466 | $1,438,500 | $1,850,300 | $4,413,380 |
Source: Ownwell
Property Tax Bills Across Moultonborough, New Hampshire
In Moultonborough, NH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The process begins with the local assessor determining the market value of the property. This assessed value is then multiplied by the town's tax rate to calculate the annual tax bill. For instance, with a median home price of $1,438,500, homeowners can expect a significant tax bill, especially when compared to the national median property tax rate of 0.99%. Several factors influence the final tax bill, including property size, location, and any applicable exemptions. In Moultonborough, tax bills vary widely, with the 25th percentile paying around $1,389, while those in the 75th percentile face bills up to $25,849. The 90th percentile sees even higher amounts, reaching $43,362. Such variability highlights how property taxes can significantly impact homeowners, making it crucial to understand how these assessments are determined and what options may be available for tax relief.
Average Moultonborough Tax Bill
$20,096
Average Belknap County Tax Bill
$4,251
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Moultonborough, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03254 | $1,298 | $1,389 | $20,096 | $25,849 | $43,362 |
Source: Ownwell