New Ipswich, Hillsborough County, New Hampshire Property Taxes

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

Median New Ipswich, NH effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median New Ipswich, NH home value: $238,900
Median annual New Ipswich, NH tax bill: $6,140, $3,740 higher than the national median property tax bill of $2,400.

How are property taxes in Hillsborough County calculated?

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

Last Updated March 1, 2025

New Ipswich, Hillsborough County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.57%

Estimate Property Tax Bill

$6,140

$5,697

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

Local government entities set tax rates, which can vary widely within a state. 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 New Ipswich’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S. New Ipswich, located in Hillsborough County, has a median property tax rate of 2.57%, significantly higher than the national median of 1.02%. This places New Ipswich among the highest in the state, indicating a substantial investment in local services. Although the rate is consistent across the city, it highlights the importance of understanding how property taxes might impact your financial planning. By appealing your property taxes or seeking exemptions, you can potentially reduce your tax burden and make living in New Ipswich more affordable.

Property Tax Rates Across New Ipswich, 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 New Ipswich Tax Rate

2.57%

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 New Ipswich, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03071	2.57%	2.57%	2.57%	2.57%	2.57%

Source: Ownwell

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

When examining property taxes in New Ipswich, 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 May. 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 New Ipswich. For example, the median home price in New Ipswich is $238,900, with tax bills ranging significantly across the county. 03071 has the highest median home price at $238,900.

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

Source: Ownwell

$132,100

$393,850

$655,600

Median New Ipswich Market Value

$238,900

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 New Ipswich, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03071	$138,940	$188,400	$238,900	$290,478	$355,400

Source: Ownwell

Property Tax Bills Across New Ipswich, Hillsborough County, New Hampshire

In New Ipswich, located in Hillsborough County, NH, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the local tax assessor and reflects the market value of the property. With a median home price of $238,900, homeowners can expect a tax bill that significantly exceeds the national median. In fact, the median tax bill in New Ipswich is $6,140, which is considerably higher than the national median property tax bill of $2,400. Factors influencing tax bills include property location, size, and improvements, which can lead to variations in tax amounts. For instance, tax bills can range from the 25th percentile at $4,842 to the 90th percentile at $9,134. Such high property tax bills can place a substantial financial burden on homeowners. Ownwell offers services to help homeowners appeal their property taxes and secure exemptions, potentially resulting in significant savings. By leveraging their expertise, homeowners can reduce their tax liabilities and achieve financial relief.

Property Tax Bills Across New Ipswich, Hillsborough County, New Hampshire

Source: Ownwell

$713

$7,750

$14,787

Median New Ipswich Tax Bill

$6,140

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 New Ipswich, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03071	$3,571	$4,842	$6,140	$7,465	$9,134

Source: Ownwell