Moultonborough, New Hampshire Property Taxes
The median property tax rate in Moultonborough, NH is 0.48%, significantly lower than both the national median of 0.99% and the New Hampshire state median of 1.91%. With a median home value of $425,600, the typical annual property tax bill in Moultonborough is $2,066, which is below the national median of $2,690. Property taxes in Moultonborough are calculated based on the tax assessed value, often lower than the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Moultonborough's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Moultonborough or another part of Carroll County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Moultonborough, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.48%
Estimate Property Tax Bill
$2,043
Ownwell’s Moultonborough Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Moultonborough with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Moultonborough 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 Moultonborough, New Hampshire
Property taxes in Moultonborough, New Hampshire, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Moultonborough is 0.48%, which is significantly lower than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Moultonborough set these rates annually, and they can vary across different neighborhoods. Each year, Moultonborough 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 Moultonborough's effective property tax rate to other areas in Carroll County and the national median. For comparison, the zip code 03254 has the highest median property tax rate of 0.48%, while the same zip code also has the lowest median tax rate of 0.48%. Understanding how these areas compare with Moultonborough 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 Moultonborough Tax Rate
0.48%
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 Moultonborough, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03254 | 0.48% | 0.48% | 0.48% | 0.48% | 0.48% |
Source: Ownwell
Property Tax Assessment Values Across Moultonborough, New Hampshire
In Moultonborough, 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 Moultonborough, 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 Moultonborough helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 03254, with a median tax bill of $2,066.
Property Tax Assessment Values Across Moultonborough, New Hampshire
Source: Ownwell
$127,800
$357,900
$588,000
Average Moultonborough Assessed Value
$425,600
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 Moultonborough, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03254 | $160,100 | $278,100 | $425,600 | $1,008,500 | $1,838,540 |
Source: Ownwell
Property Tax Bills Across Moultonborough, New Hampshire
In Moultonborough, located in Carroll County, NH, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local government assessors who evaluate the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Moultonborough experience a range of tax bills, with the 25th percentile at $1,344 and the 75th percentile at $4,878, indicating significant variability based on property values and specific assessments. Factors influencing the tax bill include the property's location, size, condition, and any improvements made. Compared to the national median property tax rate of 0.99%, Moultonborough's specific rates and assessed values play a crucial role in determining the final tax amount. For homeowners, understanding these factors is essential as they directly impact financial planning and property investment decisions. The highest and lowest median tax bills in the area are both $2,066, reflecting the uniformity within the specific zip code 03254.
Average Moultonborough Tax Bill
$2,066
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 Moultonborough, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03254 | $827 | $1,344 | $2,066 | $4,878 | $8,840 |
Source: Ownwell