Danville, New Hampshire Property Taxes
The median property tax rate in Danville, NH is 2.52%, significantly higher than both the national median of 0.99% and the New Hampshire state median of 1.91%. With the median home value in Danville at $341,350, the typical annual property tax bill reaches $8,606, far exceeding the national median of $2,690. Property taxes in Danville 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 Danville'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 Danville 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
Danville, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.52%
Estimate Property Tax Bill
$8,602
Ownwell’s Danville Property Tax Bill Calculator helps homeowners, real estate investors, and potential buyers estimate their annual property taxes in Danville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Danville 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 Danville, New Hampshire
Property taxes in Danville, 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 Danville is 2.52%, significantly higher than the U.S. national median of 0.99%. Local government entities within Danville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Danville 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 Danville's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the 03819 zip code has the highest median property tax rate of 2.52%, while the same 03819 zip code also has the lowest median tax rate of 2.52%. Understanding how these cities compare with Danville provides valuable insights into the varying tax landscape across Rockingham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Danville Tax Rate
2.52%
Average Rockingham County Tax Rate
1.90%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Danville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03819 | 2.52% | 2.52% | 2.52% | 2.52% | 2.52% |
Source: Ownwell
Property Tax Assessment Values Across Danville, New Hampshire
In Danville, 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 Rockingham 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 Danville, 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 Danville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $8606, found in the 03819 zip code.
Property Tax Assessment Values Across Danville, New Hampshire
Source: Ownwell
$275,100
$1,110,250
$1,945,400
Average Danville Assessed Value
$341,350
Average Rockingham County Assessed Value
$373,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Danville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03819 | $69,540 | $241,750 | $341,350 | $416,750 | $486,090 |
Source: Ownwell
Property Tax Bills Across Danville, New Hampshire
In Danville, Rockingham County, NH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The tax rate is applied to the assessed value, which is determined by the local assessor's office and reflects the market value of the property. Homeowners in Danville can expect varying tax bills depending on the value of their property. For instance, the median home price is $341,350, and tax bills range significantly. The 25th percentile tax bill is about $6,094, while the 75th percentile reaches $10,506, and those in the 90th percentile see bills around $12,254. This variation demonstrates how property value directly impacts the amount homeowners owe. Compared to the national median property tax rate of 0.99%, Danville's rates can be considerably higher, affecting homeowners' annual expenses. Understanding these factors helps residents anticipate their financial obligations and plan accordingly.
Average Danville Tax Bill
$8,606
Average Rockingham County Tax Bill
$6,989
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Danville, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03819 | $1,754 | $6,094 | $8,606 | $10,506 | $12,254 |
Source: Ownwell