Stark, New Hampshire Property Taxes
The median property tax rate in Stark, NH is 1.64%, which is higher than the national median of 0.99% but lower than the New Hampshire state median of 1.91%. With the median home value in Stark at $120,600, the typical annual property tax bill is $1,973, which is below the national median of $2,690. Property taxes in Stark are calculated based on the assessed value, which is often less than the market value due to exemptions such as those for primary residences and agricultural use. Understanding Stark'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 Stark or another part of Coos County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Stark, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.64%
Estimate Property Tax Bill
$1,978
Ownwell’s Stark Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stark with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stark 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 Stark, New Hampshire
Property taxes in Stark, New Hampshire, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stark is 1.64%, significantly higher than the U.S. national median of 0.99%. Local government entities within Stark set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stark 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 Stark's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the zip code 03582 has both the highest and lowest median property tax rate of 1.64%. Understanding how these areas compare with Stark 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 Stark Tax Rate
1.64%
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 Stark, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03582 | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% |
Source: Ownwell
Property Tax Assessment Values Across Stark, New Hampshire
In Stark, 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 Stark, 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. For instance, the highest median tax bill in Stark is $1,973 in the 03582 zip code, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Stark Assessed Value
$120,600
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 Stark, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03582 | $60,781 | $86,050 | $120,600 | $171,475 | $220,910 |
Source: Ownwell
Property Tax Bills Across Stark, New Hampshire
In Stark, NH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in Stark is $120,600. Property taxes are influenced by the assessed value, which is determined by local assessors who evaluate various factors such as the size, condition, and location of the property. The tax rate is applied to the assessed value to determine the annual tax bill. For homeowners in Stark, the 25th percentile tax bill is $1,408, while the 75th percentile tax bill reaches $2,806. At the 90th percentile, homeowners can expect to pay around $3,614. These values illustrate the range of property tax obligations within the city. Comparatively, the national median property tax rate is 0.99%. Understanding these local factors and how they compare nationally can help homeowners in Stark anticipate their property tax responsibilities and plan accordingly.
Average Stark Tax Bill
$1,973
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 Stark, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03582 | $994 | $1,408 | $1,973 | $2,806 | $3,614 |
Source: Ownwell