Merrimack, Hillsborough County, New Hampshire Property Taxes

Name: Property Tax Bills Across Merrimack, Hillsborough County, New Hampshire
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Merrimack, NH effective property tax rate: 1.95%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Merrimack, NH home value: $368,100
Median annual Merrimack, NH tax bill: $7,160, $4,760 higher than the national median property tax bill of $2,400.

How are property taxes in Hillsborough calculated?

Property taxes in Merrimack, 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 Merrimack’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Merrimack, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Merrimack, Hillsborough County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.95%

Estimate Property Tax Bill

$7,178

$6,661

Ownwell’s Merrimack Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Merrimack with just two data points. By entering your property's estimated assessed value, our calculator applies Merrimack’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Hillsborough County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Merrimack, Hillsborough County, New Hampshire

Local government entities in New Hampshire set tax rates, which can vary widely within the state. Each year, Hillsborough County estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.

In Merrimack, located in Hillsborough County, the effective property tax rate is 1.95%. This rate is notably higher than the national median property tax rate of 1.02%. Compared to other cities in New Hampshire, Merrimack's rate stands out, as it matches the highest median tax rate in the state. When considering the national median property tax bill of $2400, property owners in Merrimack may find their tax bills to be significantly higher, reflecting the elevated rate. Understanding these dynamics can help property owners make informed decisions about their property tax obligations and explore potential savings through appeals and exemptions.

Property Tax Rates Across Merrimack, Hillsborough County, New Hampshire

Source: Ownwell

0.34%

1.86%

3.39%

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 Merrimack Tax Rate

1.95%

Median Effective Hillsborough County Tax Rate

1.89%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Merrimack, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03054	1.94%	1.94%	1.94%	1.95%	1.95%

Source: Ownwell

Property Tax Assessment Values Across Merrimack, Hillsborough County, New Hampshire

When examining property taxes in Merrimack, 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 Hillsborough 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.

In Hillsborough County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Merrimack. For example, the median home price in Merrimack is $368,100, with tax bills ranging significantly across the county. The 03054 zip code has the highest median home price at $368,100.

Property Tax Assessment Values Across Merrimack, Hillsborough County, New Hampshire

Source: Ownwell

$132,100

$393,850

$655,600

Median Merrimack Market Value

$368,100

Median Hillsborough County Market Value

$355,600

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Merrimack, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03054	$217,300	$285,600	$368,100	$445,700	$528,800

Source: Ownwell

Property Tax Bills Across Merrimack, Hillsborough County, New Hampshire

In Merrimack, located in Hillsborough County, NH, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessment reflects the market value of the home, which is influenced by factors such as location, size, and condition. With a median home price of $368,100, homeowners in Merrimack face property tax bills that can vary significantly. For instance, the 25th percentile tax bill is $5,551, while the 75th percentile reaches $8,672, and those in the 90th percentile pay around $10,287. These figures are notably higher than the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. This disparity can place a significant financial burden on homeowners. Ownwell specializes in assisting homeowners by identifying potential savings through property tax appeals. By analyzing property assessments and ensuring they are fair and accurate, Ownwell helps reduce tax liabilities, providing homeowners with much-needed financial relief.

Property Tax Bills Across Merrimack, Hillsborough County, New Hampshire

Source: Ownwell

$713

$7,750

$14,787

Median Merrimack Tax Bill

$7,160

Median Hillsborough County Tax Bill

$6,748

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Merrimack, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03054	$4,226	$5,551	$7,160	$8,672	$10,287

Source: Ownwell