Enfield Center, New Hampshire Property Taxes
The median property tax rate in Enfield Center, NH is 2.58%, considerably higher than both the national median of 0.99% and the New Hampshire state median of 1.91%. With the median home value in Enfield Center at $203,300, the typical annual property tax bill reaches $5,235, exceeding the national median of $2,690. Property taxes in Enfield Center 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 Enfield 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 Enfield 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
Enfield Center, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.58%
Estimate Property Tax Bill
$5,245
Ownwell’s Enfield Center Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Enfield Center with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Enfield 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Enfield Center, New Hampshire
Property taxes in Enfield Center, 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 Enfield Center is 2.58%, significantly higher than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Enfield Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Enfield 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 Enfield Center's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the zip code 03749 has the highest median property tax rate of 2.58%, while the same zip code also has the lowest median tax rate of 2.58%. Understanding how these areas compare with Enfield Center provides valuable insights into the varying tax landscape across Grafton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Enfield Center Tax Rate
2.58%
Average Grafton County Tax Rate
2.30%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Enfield Center, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03749 | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% |
Source: Ownwell
Property Tax Assessment Values Across Enfield Center, New Hampshire
In Enfield 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 Grafton 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 Enfield 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 Enfield Center 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 03749, with a median tax bill of $5,235.
Property Tax Assessment Values Across Enfield Center, New Hampshire
Source: Ownwell
$68,590
$368,845
$669,100
Average Enfield Center Assessed Value
$203,300
Average Grafton County Assessed Value
$210,700
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Enfield Center, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03749 | $203,300 | $203,300 | $203,300 | $203,300 | $203,300 |
Source: Ownwell
Property Tax Bills Across Enfield Center, New Hampshire
In Enfield Center, NH, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors who evaluate various factors such as the property's size, location, and condition. Once the assessed value is established, the tax rate, set by Grafton County and local municipalities, is applied to this value to calculate the annual tax bill. For homeowners in Enfield Center, the median home price is $203,300. With a consistent tax bill of $5,235 across different percentiles, the effective tax rate is significantly higher than the national median property tax rate of 0.99%. This higher rate can impact homeowners by increasing their annual expenses, making it crucial for them to budget accordingly. Additionally, understanding these factors helps homeowners anticipate their tax obligations and explore potential exemptions or appeals to manage their financial responsibilities better. The uniformity in tax bills suggests a stable but high property tax environment in this region.
Average Enfield Center Tax Bill
$5,235
Average Grafton County Tax Bill
$4,270
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Enfield Center, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03749 | $5,235 | $5,235 | $5,235 | $5,235 | $5,235 |
Source: Ownwell