West Stewartstown, New Hampshire Property Taxes
The median property tax rate in West Stewartstown, NH is 2.44%, 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 West Stewartstown at $106,400, the typical annual property tax bill reaches $2,592, just below the national median of $2,690. Property taxes in West Stewartstown are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding West Stewartstown'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 West Stewartstown 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
West Stewartstown, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.44%
Estimate Property Tax Bill
$2,596
Ownwell’s West Stewartstown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Stewartstown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Stewartstown 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 West Stewartstown, New Hampshire
Property taxes in West Stewartstown, New Hampshire, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Stewartstown is 2.44%, significantly higher than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within West Stewartstown set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Stewartstown 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 West Stewartstown's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the 03597 zip code has the highest median property tax rate of 2.44%, while the same zip code also has the lowest median tax rate of 2.44%. Understanding how these cities compare with West Stewartstown provides valuable insights into the varying tax landscape across Coos County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Stewartstown Tax Rate
2.44%
Average Coos County Tax Rate
2.43%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Stewartstown, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03597 | 2.44% | 2.44% | 2.44% | 2.44% | 2.59% |
Source: Ownwell
Property Tax Assessment Values Across West Stewartstown, New Hampshire
In West Stewartstown, 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 Coos 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 West Stewartstown, 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. The highest and lowest median tax bills in West Stewartstown are both $2,592, found in the 03597 zip code. 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 West Stewartstown, New Hampshire
Source: Ownwell
$32,700
$612,630
$1,192,560
Average West Stewartstown Assessed Value
$106,400
Average Coos County Assessed Value
$128,700
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Stewartstown, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03597 | $58,080 | $68,650 | $106,400 | $151,850 | $188,500 |
Source: Ownwell
Property Tax Bills Across West Stewartstown, New Hampshire
In West Stewartstown, located in Coos County, NH, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and is meant to reflect the market value of the property. Once the property is assessed, the tax rate, which is set by the local government, is applied to this value to calculate the annual tax bill. For example, with a median home price of $106,400, homeowners can expect their property tax bill to vary significantly. The 25th percentile tax bill is around $1,672, while the 75th percentile tax bill can go up to $3,699. At the higher end, the 90th percentile tax bill reaches approximately $4,937. These property taxes are crucial for funding local services such as schools, public safety, and infrastructure. However, they can also represent a significant financial burden for homeowners, particularly when compared to the national median property tax rate of 0.99%. This variation in tax bills highlights the importance of understanding local tax rates and their impact on household finances.
Average West Stewartstown Tax Bill
$2,592
Average Coos County Tax Bill
$2,848
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across West Stewartstown, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03597 | $1,414 | $1,672 | $2,592 | $3,699 | $4,937 |
Source: Ownwell