Dalton, New Hampshire Property Taxes
The median property tax rate in Dalton, NH is 2.56%, 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 Dalton at $110,900, the typical annual property tax bill reaches $2,833, exceeding the national median of $2,690. Property taxes in Dalton 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 Dalton'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 Dalton 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
Dalton, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.56%
Estimate Property Tax Bill
$2,839
Ownwell’s Dalton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dalton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalton 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 Dalton, New Hampshire
Property taxes in Dalton, New Hampshire, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Dalton is 2.56%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dalton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dalton 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 Dalton's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the zip code 03598 has both the highest and lowest median property tax rate of 2.56%. Understanding how these areas compare with Dalton provides valuable insights into the varying tax landscape across Coos County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalton Tax Rate
2.56%
Average Coos County Tax Rate
2.43%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03598 | 2.55% | 2.55% | 2.56% | 2.56% | 2.56% |
Source: Ownwell
Property Tax Assessment Values Across Dalton, New Hampshire
In Dalton, 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 Coos 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 Dalton, 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 Dalton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Dalton, the highest median tax bill is $2833.00 in the 03598 zip code, while the lowest median tax bill is also $2833.00 in the same zip code.
Average Dalton Assessed Value
$110,900
Average Coos County Assessed Value
$128,700
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03598 | $20,520 | $50,800 | $110,900 | $163,800 | $229,111 |
Source: Ownwell
Property Tax Bills Across Dalton, New Hampshire
In Dalton, property tax bills are calculated based on the assessed value of your home and the local tax rate set by Coos County. The assessed value is determined by the county assessor and is meant to reflect the market value of your property. Once the assessed value is established, it is multiplied by the local tax rate to determine your annual property tax bill. Factors such as home improvements, neighborhood changes, and market conditions can influence the assessed value. For instance, the median home price in Dalton is $110,900. Homeowners in the 25th percentile can expect a tax bill around $1,298, while those in the 75th percentile might see bills as high as $4,185. For the top 10% of property values, tax bills can reach up to $5,854. Comparatively, Dalton's property tax rates are significantly above the national median property tax rate of 0.99%, which can have a substantial impact on homeowners, especially those with higher-valued properties.
Average Dalton Tax Bill
$2,833
Average Coos County Tax Bill
$2,848
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03598 | $524 | $1,298 | $2,833 | $4,185 | $5,854 |
Source: Ownwell