Clarksville, New Hampshire Property Taxes
The median property tax rate in Clarksville, NH is 1.89%, which is significantly higher than the national median of 0.99% but slightly below the New Hampshire state median of 1.91%. With a median home value of $104,600 in Clarksville, the typical annual property tax bill amounts to $1,979, which is below the national median of $2,690. Property taxes in Clarksville are calculated based on the tax assessed value, which often falls below the market value due to exemptions like primary residence and agricultural exemptions. Understanding Clarksville'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 Clarksville 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
Clarksville, 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 Clarksville Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, and potential buyers looking to estimate their annual property taxes in Clarksville. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Clarksville to provide an accurate estimate of your property tax bill. This tool offers a clear understanding of potential tax liabilities, making financial planning easier. For those interested in more localized trends, additional neighborhood-level information is available below. Your property’s assessed value, determined by the county, is crucial for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Clarksville, New Hampshire
Property taxes in Clarksville, New Hampshire, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarksville is 1.89%, significantly higher than the U.S. national median of 0.99%. Local government entities within Clarksville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarksville 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 Clarksville's effective property tax rate to other areas and the national median. For comparison, the zip code 03592 in Coos County has the highest median property tax rate of 1.89%, while the same zip code also has the lowest median tax rate of 1.89%. Understanding how these areas compare with Clarksville provides valuable insights into the varying tax landscape across Coos County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarksville Tax Rate
1.89%
Average Coos County Tax Rate
2.43%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarksville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03592 | 1.89% | 1.89% | 1.89% | 1.89% | 1.89% |
Source: Ownwell
Property Tax Assessment Values Across Clarksville, New Hampshire
In Clarksville, 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 Coos 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 Clarksville, 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 Clarksville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 03592, both at $1,979.
Property Tax Assessment Values Across Clarksville, New Hampshire
Source: Ownwell
$32,700
$612,630
$1,192,560
Average Clarksville Assessed Value
$104,600
Average Coos County Assessed Value
$128,700
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarksville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03592 | $16,190 | $48,300 | $104,600 | $154,925 | $216,340 |
Source: Ownwell
Property Tax Bills Across Clarksville, New Hampshire
In Clarksville, Coos 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 tax assessor and reflects the market value of the property. Homeowners in Clarksville can expect property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $959, while the 75th percentile tax bill reaches $2,916. At the higher end, the 90th percentile tax bill can soar to $4,093. The median home price in Clarksville is $104,600, which offers a reference point for understanding these tax bills. Compared to the national median property tax rate of 0.99%, Clarksville's tax rates can be quite high, impacting homeowners' annual expenses. Various factors, such as property size, location, and improvements, influence the assessed value, thereby affecting the final tax bill. Understanding these elements helps homeowners anticipate their financial obligations and plan accordingly.
Average Clarksville Tax Bill
$1,979
Average Coos County Tax Bill
$2,848
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarksville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03592 | $314 | $959 | $1,979 | $2,916 | $4,093 |
Source: Ownwell