Nashua, Hillsborough County, New Hampshire Property Taxes

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

Median Nashua, NH effective property tax rate: 1.81%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Nashua, NH home value: $375,800
Median annual Nashua, NH tax bill: $6,791, $4,391 higher than the national median property tax bill of $2,400.

How are property taxes in Hillsborough County calculated?

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

Last Updated March 1, 2025

Nashua, Hillsborough County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$6,802

$6,312

Ownwell’s Nashua Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Nashua with just two data points. By entering your property's estimated assessed value, our calculator applies Nashua’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 Nashua, Hillsborough County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Nashua’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.

Nashua, located in Hillsborough County, has a median property tax rate of 1.81%, which is significantly higher than the national median of 1.02%. This means property owners in Nashua may find themselves paying more in property taxes compared to the average U.S. homeowner. Interestingly, within Nashua, the property tax rates remain consistent across different zip codes, with areas like 03063 and 03060 both reflecting the same median rate. Comparing this to the national landscape, Nashua's property tax burden can be considered relatively high, emphasizing the importance for property owners to explore potential tax appeal and exemption opportunities.

Property Tax Rates Across Nashua, 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 Nashua Tax Rate

1.81%

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 Nashua, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03060	1.81%	1.81%	1.81%	1.81%	1.81%
03062	1.81%	1.81%	1.81%	1.81%	1.81%
03063	1.81%	1.81%	1.81%	1.81%	1.81%
03064	1.81%	1.81%	1.81%	1.81%	1.81%
03061	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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

When examining property taxes in Nashua, 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 Nashua. For example, the median home price in Nashua is $375,800, with tax bills ranging significantly across the county. Zip code 03064 has the highest median home price at $389,400.

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

Source: Ownwell

$132,100

$393,850

$655,600

Median Nashua Market Value

$375,800

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 Nashua, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03060	$240,790	$316,575	$359,050	$401,700	$445,500
03062	$171,100	$307,700	$387,700	$468,200	$596,040
03063	$207,000	$272,900	$363,100	$425,200	$514,940
03064	$314,180	$348,900	$389,400	$448,000	$537,460
03061	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Nashua, Hillsborough County, New Hampshire

In Nashua, located in Hillsborough County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market trends can influence the assessed value. Homeowners in Nashua face a median property tax bill significantly higher than the national median of $2,400, with amounts ranging from $5,676 at the 25th percentile to $9,700 at the 90th percentile. The highest median tax bill in the area is $7,036 in the 03064 zip code, while the lowest is $6,489 in the 03060 zip code. Such high property taxes can be financially burdensome for homeowners. However, Ownwell offers a solution by assisting homeowners in appealing their property tax assessments and identifying potential exemptions. By leveraging expert knowledge and resources, Ownwell helps homeowners potentially reduce their property tax bills, easing the financial load.

Property Tax Bills Across Nashua, Hillsborough County, New Hampshire

Source: Ownwell

$713

$7,750

$14,787

Median Nashua Tax Bill

$6,791

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 Nashua, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03060	$4,351	$5,721	$6,489	$7,259	$8,050
03062	$3,092	$5,560	$7,007	$8,460	$10,771
03063	$3,740	$4,931	$6,563	$7,683	$9,305
03064	$5,677	$6,305	$7,036	$8,096	$9,712
03061	N/A	N/A	N/A	N/A	N/A

Source: Ownwell