Ashland, New Hampshire Property Taxes
The median property tax rate in Ashland, NH is 2.79%, 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 Ashland at $145,850, the typical annual property tax bill reaches $4,066, far exceeding the national median of $2,690. Property taxes in Ashland are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Ashland'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 Ashland 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
Ashland, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.79%
Estimate Property Tax Bill
$4,069
Ownwell’s Ashland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ashland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ashland 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 Ashland, New Hampshire
Property taxes in Ashland, New Hampshire, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Ashland is 2.79%, significantly higher than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Ashland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ashland 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 Ashland's effective property tax rate to other counties in New Hampshire and the national median. For comparison, the zip code 03217 has both the highest and lowest median property tax rate of 2.79%, reflecting the uniformity within the region. Understanding how these cities compare with Ashland provides valuable insights into the varying tax landscape across Grafton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ashland Tax Rate
2.79%
Average Grafton County Tax Rate
2.30%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ashland, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03217 | 2.79% | 2.79% | 2.79% | 2.79% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Ashland, New Hampshire
In Ashland, 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 Grafton 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 Ashland, 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 Ashland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 03217 has the highest and lowest median tax bill, which is $4,066.
Average Ashland Assessed Value
$145,850
Average Grafton County Assessed Value
$210,700
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Ashland, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03217 | $72,115 | $113,725 | $145,850 | $215,095 | $318,237 |
Source: Ownwell
Property Tax Bills Across Ashland, New Hampshire
In Ashland, NH, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value. Homeowners in Ashland can expect their property tax bills to vary significantly. For instance, the 25th percentile tax bill is around $3,173, while the 75th percentile tax bill reaches $6,004. The highest tax bills, at the 90th percentile, can be as high as $8,884. These tax amounts are influenced by several factors, including property size, location, and market conditions. Comparatively, the national median property tax rate is 0.99%, providing a benchmark for understanding local tax burdens. In Grafton County, where Ashland is located, the highest and lowest median tax bills are both recorded at $4,066 in the 03217 zip code. High property taxes can impact homeowners by increasing their annual expenses, potentially affecting affordability and long-term financial planning.
Average Ashland Tax Bill
$4,066
Average Grafton County Tax Bill
$4,270
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Ashland, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03217 | $2,024 | $3,173 | $4,066 | $6,004 | $8,884 |
Source: Ownwell