Strafford County Property Taxes
The median property tax rate in Strafford County is 2.42%, which is significantly higher than both the national median of 0.99% and New Hampshire's state median of 1.91%. With the median home value in Strafford County at $262,600, the typical annual property tax bill reaches $5,998, far exceeding the national median of $2,690. Property taxes in Strafford County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Strafford County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Dover or another part of Strafford County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Strafford County 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 Strafford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Strafford with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Strafford to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property’s assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Strafford County, New Hampshire
Property taxes in Strafford County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Strafford County is 2.42%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Strafford County set these rates annually, and they can vary significantly between different areas within the county. Each year, Strafford County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Strafford County's effective property tax rate with other counties in New Hampshire and the national median. For comparison, the city of Durham has one of the higher property tax rates in New Hampshire at 2.90%, while the city of Rollinsford boasts one of the lowest at 1.49%. Analyzing how Strafford County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Strafford County Tax Rate
2.42%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Strafford County, New Hampshire
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alton | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
Barrington | 1.98% | 1.98% | 1.99% | 1.99% | 1.99% |
Dover | 1.98% | 1.98% | 1.98% | 1.98% | 1.98% |
Durham | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
Epping | 2.36% | 2.36% | 2.36% | 2.36% | 2.36% |
Farmington | 2.42% | 2.42% | 2.42% | 2.42% | 2.42% |
Lee | N/A | N/A | N/A | N/A | N/A |
Madbury | 2.70% | 2.70% | 2.70% | 2.70% | 2.70% |
Middleton | 2.61% | 2.61% | 2.61% | 2.61% | 2.61% |
Milton | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% |
Milton Mills | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% |
New Durham | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
Rochester | 2.53% | 2.53% | 2.53% | 2.53% | 2.53% |
Rollinsford | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% |
Sanbornville | 2.45% | 2.45% | 2.45% | 2.45% | 2.45% |
Somersworth | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% |
Strafford | 1.71% | 1.71% | 1.71% | 1.71% | 1.71% |
Union | 2.61% | 2.61% | 2.61% | 2.61% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Strafford County, New Hampshire
In Strafford County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Strafford County Appraisal District. The assessed value, however, 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. Assessment notices in Strafford County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Durham holds the highest median tax bill at $10,180, while Union has the lowest at $4,474. Being aware of these valuation processes in Strafford County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Strafford County, New Hampshire
Source: Ownwell
$171,300
$291,125
$410,950
Average Strafford County Assessed Value
$262,600
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Strafford County, New Hampshire
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alton | $292,500 | $292,500 | $292,500 | $292,500 | $292,500 |
Barrington | $102,870 | $247,000 | $336,500 | $417,725 | $495,430 |
Dover | $208,120 | $306,200 | $388,900 | $504,000 | $630,240 |
Durham | $247,150 | $294,700 | $350,600 | $423,350 | $528,080 |
Epping | $332,957 | $351,342 | $371,000 | $373,595 | $651,231 |
Farmington | $86,460 | $140,700 | $187,900 | $236,000 | $297,768 |
Lee | N/A | N/A | N/A | N/A | N/A |
Madbury | $1,060 | $107,150 | $347,697 | $450,900 | $563,668 |
Middleton | $111,060 | $142,600 | $178,000 | $225,600 | $293,060 |
Milton | $25,660 | $138,800 | $204,400 | $268,800 | $346,902 |
Milton Mills | $128,520 | $160,150 | $211,000 | $250,276 | $290,534 |
New Durham | $156,600 | $211,350 | $286,250 | $459,325 | $660,000 |
Rochester | $44,940 | $123,600 | $181,400 | $237,700 | $298,805 |
Rollinsford | $285,550 | $334,225 | $402,835 | $522,625 | $671,800 |
Sanbornville | $222,147 | $229,868 | $249,779 | $296,174 | $351,568 |
Somersworth | $50,870 | $184,400 | $218,350 | $262,725 | $305,830 |
Strafford | $197,500 | $263,650 | $332,600 | $419,650 | $604,800 |
Union | $89,300 | $111,800 | $171,500 | $241,000 | $287,700 |
Source: Ownwell
Property Tax Bills Across Strafford County, New Hampshire
In Strafford County, NH, property tax bills are determined based on the assessed value of a property and the local tax rate. The assessed value is an estimate of the property's market value as determined by the local assessor. This value is then multiplied by the county's tax rate to calculate the annual tax bill. For example, with a median home price of $262,600, homeowners can expect varying tax bills depending on their property's specific characteristics and valuation. Several factors influence the tax bill, including property size, location, and any improvements made. In Strafford County, the tax bill at the 25th percentile is $4,143, while at the 75th percentile, it reaches $8,234. The 90th percentile sees tax bills as high as $10,936. Comparatively, Durham has the highest median tax bill at $10,180, while Union has the lowest at $4,474. These property taxes significantly impact homeowners, affecting their overall housing costs and financial planning. Understanding these factors can help homeowners better anticipate their annual property tax obligations.
Average Strafford County Tax Bill
$5,998
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Strafford County, New Hampshire
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Alton | $5,242 | $5,242 | $5,242 | $5,242 | $5,242 |
Barrington | $2,042 | $4,896 | $6,680 | $8,294 | $9,835 |
Dover | $4,142 | $6,072 | $7,714 | $9,999 | $12,502 |
Durham | $7,178 | $8,556 | $10,180 | $12,294 | $15,335 |
Epping | $7,868 | $8,302 | $8,767 | $8,828 | $15,388 |
Farmington | $2,132 | $3,409 | $4,553 | $5,716 | $7,200 |
Lee | N/A | N/A | N/A | N/A | N/A |
Madbury | $150 | $4,812 | $9,602 | $12,302 | $15,407 |
Middleton | $2,898 | $3,720 | $4,644 | $5,886 | $7,646 |
Milton | $659 | $3,436 | $5,011 | $6,589 | $8,511 |
Milton Mills | $3,146 | $3,921 | $5,166 | $6,127 | $7,113 |
New Durham | $2,810 | $3,787 | $5,130 | $8,231 | $11,828 |
Rochester | $1,136 | $3,125 | $4,586 | $6,009 | $7,555 |
Rollinsford | $4,246 | $4,970 | $5,990 | $7,771 | $9,990 |
Sanbornville | $5,438 | $5,627 | $6,114 | $7,250 | $8,606 |
Somersworth | $1,434 | $5,132 | $6,090 | $7,331 | $8,494 |
Strafford | $3,383 | $4,522 | $5,697 | $7,188 | $10,360 |
Union | $2,330 | $2,917 | $4,474 | $6,288 | $7,506 |
Source: Ownwell