Eaton Center, New Hampshire Property Taxes
The median property tax rate in Eaton Center, NH is 1.08%, which is higher than the national median of 0.99% but lower than the New Hampshire state median of 1.91%. With the median home value in Eaton Center at $392,050, the typical annual property tax bill reaches $4,218, significantly exceeding the national median of $2,690. Property taxes in Eaton Center are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Eaton Center's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Eaton Center 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
Eaton Center, 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 Eaton Center Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Eaton Center with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eaton Center 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 Carroll County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Eaton Center, New Hampshire
Property taxes in Eaton Center, New Hampshire, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eaton Center is 1.08%, which is higher than the U.S. national median of 0.99%. Local government entities within Eaton Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eaton Center 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 Eaton Center's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the 03832 zip code has the highest median property tax rate of 1.08%, while the 03832 zip code also has the lowest median tax rate of 1.08%. Understanding how these cities compare with Eaton Center provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eaton Center Tax Rate
1.08%
Average Carroll County Tax Rate
1.32%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eaton Center, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03832 | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Eaton Center, New Hampshire
In Eaton Center, 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 Carroll 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 Eaton Center, 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 Eaton Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Eaton Center both stand at $4,218, with the zip code 03832.
Property Tax Assessment Values Across Eaton Center, New Hampshire
Source: Ownwell
$127,800
$357,900
$588,000
Average Eaton Center Assessed Value
$392,050
Average Carroll County Assessed Value
$256,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eaton Center, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03832 | $128,950 | $231,922 | $392,050 | $523,375 | $788,600 |
Source: Ownwell
Property Tax Bills Across Eaton Center, New Hampshire
In Eaton Center, Carroll County, NH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates properties to estimate their market value. This assessed value is then multiplied by the tax rate to calculate the annual tax bill. For example, with a median home price of $392,050, homeowners can expect varying tax bills. The 25th percentile tax bill is around $2,496, while the 75th percentile reaches approximately $5,632. At the higher end, the 90th percentile tax bill is about $8,485. These tax bills can significantly impact homeowners, as they represent a substantial portion of annual housing costs. The median property tax rate in Eaton Center is relatively high compared to the national median of 0.99%, which can lead to higher financial obligations for homeowners. Understanding these factors can help residents better anticipate and manage their property tax expenses.
Average Eaton Center Tax Bill
$4,218
Average Carroll County Tax Bill
$3,014
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Eaton Center, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03832 | $1,388 | $2,496 | $4,218 | $5,632 | $8,485 |
Source: Ownwell