Rollinsford, New Hampshire Property Taxes
The median property tax rate in Rollinsford, NH is 1.49%, 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 Rollinsford at $402,835, the typical annual property tax bill reaches $5,990, exceeding the national median of $2,690. Property taxes in Rollinsford 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 Rollinsford'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 Rollinsford or another part of Strafford County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rollinsford, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.49%
Estimate Property Tax Bill
$6,002
Ownwell’s Rollinsford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rollinsford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rollinsford 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 Rollinsford, New Hampshire
Property taxes in Rollinsford, NH, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rollinsford stands at 1.49%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Rollinsford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rollinsford 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 Rollinsford's effective property tax rate to other areas in New Hampshire and the national median. For comparison, the zip code 03869 has the highest median property tax rate of 1.49%, which is the same as the lowest median tax rate of 1.49%. Understanding how these figures compare with Rollinsford provides valuable insights into the varying tax landscape across Strafford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rollinsford Tax Rate
1.49%
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 Rollinsford, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03869 | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Rollinsford, New Hampshire
In Rollinsford, 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 Strafford 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 Rollinsford, 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 Rollinsford helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 03869 has both the highest and lowest median tax bills, each at $5,990, reflecting the uniformity in tax assessments across the area.
Property Tax Assessment Values Across Rollinsford, New Hampshire
Source: Ownwell
$171,300
$291,125
$410,950
Average Rollinsford Assessed Value
$402,835
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 Rollinsford, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03869 | $285,550 | $334,225 | $402,835 | $522,625 | $671,800 |
Source: Ownwell
Property Tax Bills Across Rollinsford, New Hampshire
In Rollinsford, located in Strafford County, NH, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the town's assessor, who evaluates the property's market value and applies a percentage to estimate its taxable value. This value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the property's size, location, and condition. Homeowners in Rollinsford can expect varying tax bills depending on these assessments. For instance, the median home price in the area is $402,835, and the tax bills range significantly, with the 25th percentile at $4,970 and the 75th percentile reaching $7,771. At the 90th percentile, homeowners may see tax bills as high as $9,990. Compared to the national median property tax rate of 0.99%, Rollinsford's property tax rates can result in higher annual bills, impacting homeowners' budgets and financial planning.
Average Rollinsford Tax Bill
$5,990
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 Rollinsford, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03869 | $4,246 | $4,970 | $5,990 | $7,771 | $9,990 |
Source: Ownwell