Orford, New Hampshire Property Taxes
The median property tax rate in Orford, NH is 2.83%, significantly higher than both the national median of 0.99% and New Hampshire's state median of 1.91%. With a median home value of $200,000 in Orford, the typical annual property tax bill reaches $5,650, surpassing the national median of $2,690. Property taxes in Orford 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 Orford'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 Orford 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
Orford, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.83%
Estimate Property Tax Bill
$5,660
Ownwell’s Orford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orford 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 Grafton County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Orford, New Hampshire
Property taxes in Orford, New Hampshire, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Orford is 2.83%, significantly higher than the U.S. national median of 0.99%. Local government entities within Orford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orford 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 Orford's effective property tax rate to other areas and the national median. For comparison, the 03777 zip code has the highest median property tax rate of 2.83%, while the 03777 zip code also has the lowest median tax rate of 2.83%. Understanding how these cities compare with Orford 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 Orford Tax Rate
2.83%
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 Orford, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03777 | 2.82% | 2.82% | 2.83% | 2.83% | 2.83% |
Source: Ownwell
Property Tax Assessment Values Across Orford, New Hampshire
In Orford, 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 Orford, 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 Orford 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 bill in Orford is 03777, with a median tax bill of $5,650.
Average Orford Assessed Value
$200,000
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 Orford, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03777 | $80,480 | $136,300 | $200,000 | $278,550 | $380,120 |
Source: Ownwell
Property Tax Bills Across Orford, New Hampshire
In Orford, 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 assessor's office and reflects the market value of the property. For instance, with a median home price of $200,000, homeowners can expect varying tax bills depending on the percentile in which their property falls. The 25th percentile tax bill is approximately $3,850, while the 75th percentile reaches around $7,822, and the 90th percentile can be as high as $10,738. These tax bills are influenced by several factors, including property size, location, and any improvements made to the home. In comparison to the national median property tax rate of 0.99%, Grafton County's rates can significantly impact homeowners' annual expenses. For example, the highest and lowest median tax bills in the 03777 zip code are both $5,650, indicating a consistent tax rate across different property values. Understanding these elements helps homeowners anticipate their financial obligations and plan accordingly.
Average Orford Tax Bill
$5,650
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 Orford, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03777 | $2,273 | $3,850 | $5,650 | $7,822 | $10,738 |
Source: Ownwell