Dixville, New Hampshire Property Taxes
The median property tax rate in Dixville, NH is 0.63%, considerably lower than both the national median of 0.99% and the New Hampshire state median of 1.91%. With the median home value in Dixville at $39,100, the typical annual property tax bill reaches $245, significantly below the national median of $2,690. Property taxes in Dixville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Dixville'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 Dixville or another part of Coos County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Dixville, 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 Dixville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dixville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dixville 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 Dixville, New Hampshire
Property taxes in Dixville, New Hampshire, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dixville is 0.63%, lower than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Dixville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dixville 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 Dixville's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the 03576 zip code has the highest median property tax rate of 0.63%, while the same 03576 zip code also has the lowest median tax rate of 0.63%. Understanding how these cities compare with Dixville 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 Dixville Tax Rate
0.63%
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 Dixville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03576 | 0.62% | 0.63% | 0.63% | 0.63% | 0.75% |
Source: Ownwell
Property Tax Assessment Values Across Dixville, New Hampshire
In Dixville, 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 Dixville, 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. For instance, the zip code 03576 in Dixville has both the highest and lowest median tax bill at $245. 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 Dixville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Dixville, New Hampshire
Source: Ownwell
$32,700
$612,630
$1,192,560
Average Dixville Assessed Value
$39,100
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 Dixville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03576 | $7,400 | $26,680 | $39,100 | $260,130 | $293,160 |
Source: Ownwell
Property Tax Bills Across Dixville, New Hampshire
Property tax bills in Dixville, located in Coos County, NH, are calculated based on the assessed value of a property and the local tax rate. Homeowners can expect their property tax bill to be influenced by the median home price, which stands at $39,100. The local tax rate is applied to this assessed value to determine the final tax bill. For instance, a property in the 25th percentile may have a tax bill of $167, while a home in the 75th percentile could see a bill of $1,642. At the 90th percentile, the tax bill can reach up to $2,184. These figures illustrate the range of property tax obligations homeowners might face, depending on their property's assessed value. Notably, Dixville's property tax rates can be compared to the national median property tax rate of 0.99%, providing a benchmark for understanding local tax burdens. Homeowners in Dixville should consider these factors when budgeting for annual expenses and assessing the overall affordability of their property.
Average Dixville Tax Bill
$245
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 Dixville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03576 | $46 | $167 | $245 | $1,642 | $2,184 |
Source: Ownwell