Winchester, Cheshire County, New Hampshire Property Taxes
Median Winchester, NH effective property tax rate: 2.87%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Winchester, NH home value: $134,200
Median annual Winchester, NH tax bill: $3,840, $1,440 higher than the national median property tax bill of $2,400.
How are property taxes in Cheshire calculated?
Property taxes in Winchester, NH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Winchester’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Winchester, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Winchester, Cheshire County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.87%
Estimate Property Tax Bill
$3,852
$3,574
Property Tax Rates Across Winchester, Cheshire County, New Hampshire
Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budgetary needs for public services and divides that by the total value of all taxable property within its area, resulting in the property tax rate. Although the process involves votes and legislation, this is the essence of how property tax rates are determined each year.
In Winchester, located in Cheshire County, New Hampshire, the effective property tax rate stands at 2.87%, which is notably higher than the national median property tax rate of 1.02%. This rate is also the highest within the state, indicating a substantial difference compared to other areas. Homeowners in Winchester face property tax bills that are significantly above the national median of $2,400, reflecting the region's higher tax rate. This comparison highlights the importance of understanding local tax dynamics, as they can significantly impact property ownership costs.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Winchester Tax Rate
2.87%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cheshire County Tax Rate
2.60%
Median Effective New Hampshire Tax Rate
1.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Winchester, Cheshire County, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03470 | 2.87% | 2.87% | 2.87% | 2.87% | 2.87% |
Source: Ownwell
Property Tax Assessment Values Across Winchester, Cheshire County, New Hampshire
When examining property taxes in Winchester, NH, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cheshire County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices in Cheshire County are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Winchester. For example, the median home price in Winchester is $134,200, with tax bills ranging significantly across the county. Zip code 03470 has the highest median home price at $134,200.
Property Tax Assessment Values Across Winchester, Cheshire County, New Hampshire
Source: Ownwell

$134,200
$264,050
$393,900
Median Winchester Market Value
$134,200
Median Cheshire County Market Value
$207,690
Median New Hampshire Market Value
$299,765
Median United States Market Value
$235,294
Property Tax Assessment Values Across Winchester, Cheshire County, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03470 | $17,840 | $66,380 | $134,200 | $184,361 | $242,400 |
Source: Ownwell
Property Tax Bills Across Winchester, Cheshire County, New Hampshire
Property Tax Bills Across Winchester, Cheshire County, New Hampshire
Source: Ownwell

$3,682
$5,876
$8,069
Median Winchester Tax Bill
$3,840
Median Cheshire County Tax Bill
$5,311
Median New Hampshire Tax Bill
$5,895
Median United States Tax Bill
$2,400
Property Tax Bills Across Winchester, Cheshire County, New Hampshire
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
03470 | $512 | $1,900 | $3,840 | $5,284 | $6,957 |
Source: Ownwell