Belknap County Property Taxes
The median property tax rate in Belknap County is 1.48%, which is significantly higher than both the national median of 0.99% and the New Hampshire state median of 1.91%. With the median home value in Belknap County at $267,900, the typical annual property tax bill reaches $4,251, exceeding the national median of $2,690. Property taxes in Belknap 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 Belknap 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 Laconia or another part of Belknap County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Belknap County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.48%
Estimate Property Tax Bill
$3,965
Ownwell’s Belknap County Property Tax Bill Calculator allows any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Belknap County with just two data points. By entering your property's estimated assessed value, our calculator applies the median tax rate in Belknap County to provide an estimate of your property tax bill. This tool 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 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 Belknap County, New Hampshire
Property taxes in Belknap County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Belknap County is 1.48%, which is higher than the U.S. national median of 0.99%. Local government entities within Belknap County set these rates annually, and they can vary significantly between different areas within the county. Each year, Belknap 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. For comparison, the city of Gilmanton has one of the higher property tax rates in the state at 2.40%, while the city of Holderness boasts one of the lowest at 0.90%. Analyzing how Belknap County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Belknap County Tax Rate
1.48%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belknap County, New Hampshire
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alton | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
| Alton Bay | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
| Ashland | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
| Barnstead | 2.16% | 2.16% | 2.16% | 2.16% | 2.16% |
| Belmont | 1.91% | 1.91% | 1.91% | 1.91% | 1.91% |
| Center Barnstead | 2.16% | 2.16% | 2.16% | 2.16% | 2.16% |
| Center Harbor | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
| Franklin | 1.61% | 1.61% | 1.61% | 1.61% | 1.80% |
| Gilford | 1.22% | 1.22% | 1.23% | 1.23% | 1.23% |
| Gilmanton | 2.40% | 2.40% | 2.40% | 2.40% | 2.40% |
| Gilmanton Iron Works | 2.40% | 2.40% | 2.40% | 2.40% | 2.40% |
| Holderness | 0.90% | 0.90% | 0.90% | 0.90% | 0.90% |
| Laconia | 1.48% | 1.48% | 1.49% | 1.49% | 1.49% |
| Meredith | 1.40% | 1.40% | 1.40% | 1.40% | 1.40% |
| Moultonborough | 0.90% | 0.90% | 0.90% | 1.40% | 1.40% |
| New Hampton | 1.94% | 1.94% | 1.94% | 1.94% | 1.94% |
| Northfield | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% |
| Sanbornton | 1.99% | 1.99% | 1.99% | 1.99% | 1.99% |
| Tilton | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% |
Source: Ownwell
Property Tax Assessment Values Across Belknap County, New Hampshire
In Belknap 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 Belknap 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 Belknap 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. The median home price in Belknap County is $267,900, with tax bills ranging from $2,594 in Holderness to $20,096 in Moultonborough. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Belknap 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 Belknap County, New Hampshire
Source: Ownwell
$180,762
$809,631
$1,438,500
Average Belknap County Assessed Value
$267,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belknap County, New Hampshire
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alton | $46,580 | $184,575 | $267,250 | $358,175 | $555,990 |
| Alton Bay | $149,830 | $237,725 | $402,550 | $681,225 | $1,081,770 |
| Ashland | $206,850 | $212,776 | $222,652 | $232,528 | $238,454 |
| Barnstead | $127,050 | $166,950 | $221,100 | $286,125 | $346,600 |
| Belmont | $61,170 | $122,900 | $260,200 | $361,275 | $491,290 |
| Center Barnstead | $134,600 | $170,390 | $214,550 | $277,850 | $362,850 |
| Center Harbor | $172,740 | $275,000 | $412,530 | $740,500 | $2,471,542 |
| Franklin | $258,800 | $280,245 | $291,685 | $306,523 | $352,211 |
| Gilford | $65,900 | $210,070 | $326,980 | $485,900 | $711,120 |
| Gilmanton | $115,160 | $164,500 | $222,053 | $279,350 | $358,778 |
| Gilmanton Iron Works | $146,150 | $190,162 | $242,300 | $315,550 | $409,110 |
| Holderness | $225,642 | $249,255 | $288,610 | $327,965 | $351,578 |
| Laconia | $94,800 | $188,900 | $263,850 | $396,425 | $685,600 |
| Meredith | $91,820 | $209,950 | $334,900 | $545,500 | $965,160 |
| Moultonborough | $144,370 | $154,466 | $1,438,500 | $1,850,300 | $4,413,380 |
| New Hampton | $4,600 | $91,270 | $180,762 | $252,690 | $356,078 |
| Northfield | $290,100 | $290,100 | $290,100 | $290,100 | $290,100 |
| Sanbornton | $165,000 | $211,775 | $262,400 | $336,362 | $498,949 |
| Tilton | $30,020 | $109,400 | $184,700 | $257,750 | $347,780 |
Source: Ownwell
Property Tax Bills Across Belknap County, New Hampshire
In Belknap County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the county's property tax rate to determine the annual tax bill. Factors such as the market value of the home, property improvements, and neighborhood trends can influence the assessed value. For homeowners in Belknap County, the median home price is $267,900, resulting in varying tax bills. For example, the 25th percentile tax bill is around $2,806, while the 75th percentile tax bill reaches $6,239, and the 90th percentile soars to $9,771. The impact on homeowners can be significant, especially when compared to the national median property tax rate of 0.99%. For instance, Moultonborough has the highest median tax bill in the county at $20,096, whereas Holderness has the lowest at $2,594. These variations highlight the importance of understanding local tax assessments and their potential financial implications for property owners.
Average Belknap County Tax Bill
$4,251
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Belknap County, New Hampshire
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alton | $530 | $2,100 | $3,038 | $4,073 | $6,321 |
| Alton Bay | $1,736 | $2,723 | $4,629 | $7,760 | $12,307 |
| Ashland | $4,011 | $4,126 | $4,317 | $4,508 | $4,623 |
| Barnstead | $2,744 | $3,606 | $4,776 | $6,180 | $7,487 |
| Belmont | $1,364 | $2,454 | $5,045 | $6,966 | $9,473 |
| Center Barnstead | $2,907 | $3,680 | $4,634 | $6,002 | $7,838 |
| Center Harbor | $1,581 | $2,557 | $3,862 | $6,716 | $22,260 |
| Franklin | $4,159 | $4,504 | $4,688 | $4,926 | $6,411 |
| Gilford | $824 | $2,585 | $4,016 | $5,967 | $8,752 |
| Gilmanton | $2,760 | $3,943 | $5,323 | $6,696 | $8,600 |
| Gilmanton Iron Works | $3,237 | $4,343 | $5,686 | $7,272 | $9,244 |
| Holderness | $2,028 | $2,241 | $2,594 | $2,948 | $3,160 |
| Laconia | $1,292 | $2,826 | $3,922 | $5,888 | $10,167 |
| Meredith | $1,327 | $2,939 | $4,689 | $7,724 | $13,507 |
| Moultonborough | $1,298 | $1,389 | $20,096 | $25,849 | $43,362 |
| New Hampton | $112 | $1,997 | $3,575 | $4,928 | $6,958 |
| Northfield | $4,662 | $4,662 | $4,662 | $4,662 | $4,662 |
| Sanbornton | $3,237 | $4,201 | $5,201 | $6,672 | $9,823 |
| Tilton | $485 | $1,762 | $2,970 | $4,148 | $5,592 |
Source: Ownwell