Langdon, New Hampshire Property Taxes
The median property tax rate in Langdon, NH is 2.24%, 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 Langdon at $209,800, the typical annual property tax bill reaches $4,704, exceeding the national median of $2,690. Property taxes in Langdon 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 Langdon'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 Langdon 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
Langdon, 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 Langdon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Langdon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Langdon 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 Langdon, New Hampshire
Property taxes in Langdon, 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 Langdon is 2.24%, significantly higher than the U.S. national median of 0.99%. Local government entities within Langdon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Langdon 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 Langdon's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the zip code 03602 has both the highest and lowest median property tax rate of 2.24%. Understanding how these cities compare with Langdon provides valuable insights into the varying tax landscape across Sullivan County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Langdon Tax Rate
2.24%
Average Sullivan County Tax Rate
2.36%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Langdon, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03602 | 2.24% | 2.24% | 2.24% | 2.24% | 2.24% |
Source: Ownwell
Property Tax Assessment Values Across Langdon, New Hampshire
In Langdon, 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 Sullivan 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 Langdon, 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 Langdon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Langdon, both at $4,704, are found in the 03602 zip code.
Average Langdon Assessed Value
$209,800
Average Sullivan County Assessed Value
$185,800
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Langdon, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03602 | $114,808 | $155,690 | $209,800 | $267,867 | $327,822 |
Source: Ownwell
Property Tax Bills Across Langdon, New Hampshire
In Langdon, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The tax rate is applied to this assessed value to determine the annual tax bill for homeowners. Factors influencing the tax bill include the home's assessed value, the local tax rate, and any applicable exemptions or deductions. Homeowners in Langdon, located in Sullivan County, experience a range of property tax bills. For instance, the 25th percentile tax bill stands at $3,511, while the 75th percentile tax bill is $6,006. Those at the 90th percentile face a tax bill of $7,350. The median home price in Langdon is $209,800, and the highest median tax bill recorded in the area is $4,704. These property taxes fund essential local services such as schools, public safety, and infrastructure maintenance. Compared to the national median property tax rate of 0.99%, Langdon's property tax rates can significantly impact the financial planning and budgeting of homeowners in the area.
Average Langdon Tax Bill
$4,704
Average Sullivan County Tax Bill
$4,808
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Langdon, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03602 | $2,574 | $3,511 | $4,704 | $6,006 | $7,350 |
Source: Ownwell