Campton, New Hampshire Property Taxes
The median property tax rate in Campton, NH is 2.53%, 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 Campton, the typical annual property tax bill reaches $4,415, exceeding the national median of $2,690. Property taxes in Campton 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 Campton'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 Campton 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
Campton, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.53%
Estimate Property Tax Bill
$4,468
Ownwell’s Campton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Campton with ease. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Campton to provide an accurate estimate of your property tax bill. This valuable tool offers a clear understanding of your potential tax liabilities, helping you make informed financial decisions. For those interested in more granular details, additional localized information is available further down the page. Your property’s assessed value, determined by Grafton County, is crucial for property tax calculations and includes any applicable exemptions.
Property Tax Rates Across Campton, New Hampshire
Property taxes in Campton, New Hampshire, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Campton is 2.53%, significantly higher than the U.S. national median of 0.99%. Local government entities within Campton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campton 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 Campton's effective property tax rate to other areas and the national median. For comparison, the 03223 zip code has the highest median property tax rate of 2.53%, while the same zip code also has the lowest median tax rate of 2.53%. Understanding how these cities compare with Campton 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 Campton Tax Rate
2.53%
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 Campton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03223 | 2.53% | 2.53% | 2.53% | 2.53% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Campton, New Hampshire
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Campton, NH. 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 Campton, 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 Campton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 03223, with a median tax bill of $4,415.
Average Campton Assessed Value
$176,600
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 Campton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03223 | $47,780 | $110,750 | $176,600 | $238,950 | $308,640 |
Source: Ownwell
Property Tax Bills Across Campton, New Hampshire
In Campton, located in Grafton 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 tax assessor and reflects the market value of the property. This value is then multiplied by the tax rate set by the local government to determine the annual tax bill. For homeowners in Campton, the median home price is $176,600. Property tax bills can vary significantly, with the 25th percentile tax bill at $2,736 and the 75th percentile reaching $5,952. For those at the higher end, the 90th percentile tax bill is $7,690. Comparatively, the national median property tax rate is 0.99%, making Campton's tax bills notably higher. These property taxes fund essential public services such as schools, infrastructure, and emergency services. As a result, homeowners in Campton should be prepared for these expenses, which can significantly impact their overall cost of living.
Average Campton Tax Bill
$4,415
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 Campton, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03223 | $1,143 | $2,736 | $4,415 | $5,952 | $7,690 |
Source: Ownwell