Eaton, New Hampshire Property Taxes
The median property tax rate in Eaton, NH is 1.08%, which is higher than both the national median of 0.99% and the New Hampshire state median of 1.91%. With the median home value in Eaton, the typical annual property tax bill reaches $2,910, surpassing the national median of $2,690. Property taxes in Eaton 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 Eaton'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 Eaton 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
Eaton, 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 Eaton Property Tax Bill Calculator allows homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eaton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Eaton 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 Carroll County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Eaton, New Hampshire
Property taxes in Eaton, New Hampshire, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Eaton is 1.08%, higher than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Eaton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Eaton 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 Eaton's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the 03832 zip code has the highest median property tax rate of 1.08%, while the 03832 zip code has the lowest median tax rate of 1.08%. Understanding how these cities compare with Eaton provides valuable insights into the varying tax landscape across Carroll County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Eaton Tax Rate
1.08%
Average Carroll County Tax Rate
1.32%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eaton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03832 | 1.08% | 1.08% | 1.08% | 1.08% | 1.08% |
Source: Ownwell
Property Tax Assessment Values Across Eaton, New Hampshire
In Eaton, 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 Carroll 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 Eaton, 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 Eaton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, Eaton's highest and lowest median tax bills are both $2,910 in the 03832 zip code, highlighting a consistent tax environment across the area.
Average Eaton Assessed Value
$270,464
Average Carroll County Assessed Value
$256,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eaton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03832 | $73,625 | $214,700 | $270,464 | $404,075 | $512,802 |
Source: Ownwell
Property Tax Bills Across Eaton, New Hampshire
In Eaton, Carroll County, NH, property tax bills are determined based on the assessed value of a property and the local tax rate. The assessed value is the value assigned to a property by the local tax assessor, reflecting its market value. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. For example, the median home price in Eaton is $270,464, which serves as a baseline for many homeowners in the area. Several factors influence the assessed value, including property size, location, and condition. Homeowners in Eaton can expect property tax bills to vary significantly, with the 25th percentile at $2,310 and the 75th percentile reaching $4,348. The 90th percentile tax bill even goes up to $5,518, highlighting the range due to property differences. Compared to the national median property tax rate of 0.99%, Eaton’s tax bills reflect the specific local dynamics and property values in Carroll County. This variability affects homeowners differently, depending on their property's assessed value and the corresponding tax rate.
Average Eaton Tax Bill
$2,910
Average Carroll County Tax Bill
$3,014
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Eaton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03832 | $792 | $2,310 | $2,910 | $4,348 | $5,518 |
Source: Ownwell