Atkinson, New Hampshire Property Taxes
The median property tax rate in Atkinson, NH is 1.45%, which is significantly higher than the national median of 0.99% but lower than the New Hampshire state median of 1.91%. With a median home value of $476,300 in Atkinson, the typical annual property tax bill reaches $6,905, far exceeding the national median of $2,690. Property taxes in Atkinson are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Atkinson'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 Atkinson 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
Atkinson, 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 Atkinson Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atkinson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atkinson 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 Atkinson, New Hampshire
Property taxes in Atkinson, New Hampshire, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atkinson is 1.45%, significantly higher than the U.S. national median of 0.99%. Local government entities within Atkinson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atkinson 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 Atkinson's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the 03811 zip code has the highest median property tax rate of 1.45%, while the same zip code also has the lowest median tax rate of 1.45%. Understanding how these cities compare with Atkinson provides valuable insights into the varying tax landscape across Rockingham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atkinson Tax Rate
1.45%
Average Rockingham County Tax Rate
1.90%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atkinson, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03811 | 1.45% | 1.45% | 1.45% | 1.45% | 1.45% |
Source: Ownwell
Property Tax Assessment Values Across Atkinson, New Hampshire
In Atkinson, 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 Rockingham 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 Atkinson, 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 median home price in Atkinson is $476,300, with tax bills ranging from $6,014 at the 25th percentile to $10,484 at the 90th percentile. The zip code 03811 has both the highest and lowest median tax bills at $6,905. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Atkinson, New Hampshire
Source: Ownwell
$275,100
$1,110,250
$1,945,400
Average Atkinson Assessed Value
$476,300
Average Rockingham County Assessed Value
$373,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atkinson, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03811 | $369,640 | $414,750 | $476,300 | $575,200 | $722,560 |
Source: Ownwell
Property Tax Bills Across Atkinson, New Hampshire
In Atkinson, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. For instance, with a median home price of $476,300, homeowners can expect property tax bills to vary significantly. Factors such as the property's location within Rockingham County, its assessed value, and any applicable exemptions play a crucial role in determining the final tax bill. Homeowners in Atkinson typically see tax bills ranging from $6,014 at the 25th percentile to $10,484 at the 90th percentile. The highest median tax bill in the area is $6,905, which is quite substantial compared to the national median property tax rate of 0.99%. This variation in tax bills can significantly impact homeowners' financial planning, as higher property taxes may lead to increased monthly housing costs. Understanding these factors and how they influence property tax bills can help homeowners better manage their finances and anticipate future expenses.
Average Atkinson Tax Bill
$6,905
Average Rockingham County Tax Bill
$6,989
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Atkinson, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03811 | $5,360 | $6,014 | $6,905 | $8,340 | $10,484 |
Source: Ownwell