Antrim, New Hampshire Property Taxes
The median property tax rate in Antrim, NH is 2.79%, 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 Antrim, the typical annual property tax bill reaches $4,984, exceeding the national median of $2,690. Property taxes in Antrim 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 Antrim'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 Antrim 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
Antrim, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.79%
Estimate Property Tax Bill
$4,994
Ownwell’s Antrim Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Antrim with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antrim 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 Antrim, New Hampshire
Property taxes in Antrim, New Hampshire, are essential for funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Antrim is 2.79%, significantly higher than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Antrim set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antrim 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 Antrim's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the 03440 zip code has the highest median property tax rate of 2.79%, while the same 03440 zip code also has the lowest median tax rate of 2.79%. Understanding how these areas compare with Antrim provides valuable insights into the varying tax landscape across Hillsborough County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antrim Tax Rate
2.79%
Average Hillsborough County Tax Rate
1.89%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antrim, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03440 | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Antrim, New Hampshire
In Antrim, 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 Hillsborough 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 Antrim, 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. For instance, the median home price in Antrim is $179,010, and tax bills can vary significantly. The highest median tax bill is $4,984 in zip code 03440, while the lowest median tax bill is also $4,984 in the same zip code. By understanding 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 Antrim helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Antrim, New Hampshire
Source: Ownwell
$132,100
$14,406,050
$28,680,000
Average Antrim Assessed Value
$179,010
Average Hillsborough County Assessed Value
$355,600
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antrim, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03440 | $108,010 | $141,387 | $179,010 | $237,010 | $317,888 |
Source: Ownwell
Property Tax Bills Across Antrim, New Hampshire
In Antrim, located in Hillsborough County, NH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors who evaluate the property's market value. Once the assessed value is established, the tax rate is applied to compute the annual tax bill. For homeowners in Antrim, the tax bills can vary significantly. The 25th percentile of tax bills is around $3,939, while the 75th percentile reaches approximately $6,584. The top 10% of tax bills can be as high as $8,840. This variability is influenced by factors such as property size, location, and market conditions. Comparatively, the median property tax rate in Antrim is higher than the national median of 0.99%. This impacts homeowners by potentially increasing their annual expenses, making it crucial to understand and manage property tax liabilities effectively. The highest and lowest median tax bills in the area are both recorded at $4,984 in the 03440 zip code.
Average Antrim Tax Bill
$4,984
Average Hillsborough County Tax Bill
$6,748
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Antrim, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03440 | $3,009 | $3,939 | $4,984 | $6,584 | $8,840 |
Source: Ownwell