Andover, Merrimack County, New Hampshire Property Taxes

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

Median Andover, NH effective property tax rate: 2.12%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Andover, NH home value: $223,650
Median annual Andover, NH tax bill: $4,739, $2,339 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Andover, Merrimack County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.12%

Estimate Property Tax Bill

$4,741

$4,400

Ownwell’s Andover Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Andover with just two data points. By entering your property's estimated assessed value, our calculator applies Andover’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 Merrimack County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Andover, Merrimack County, New Hampshire

Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county annually calculates its budgetary needs to provide essential services and then divides this amount by the total assessed value of all taxable properties within its jurisdiction, resulting in the property tax rate. Although the process involves votes and legislative measures, this is essentially how tax rates are determined each year.

In the city of Andover, located in Merrimack County, New Hampshire, the effective property tax rate is a point of interest for homeowners. Here, the median property tax rate stands at 2.12%, which is notably higher than the national median property tax rate of 1.02%. This places Andover among the areas with higher property tax rates compared to the national average. Comparing Andover's rate to other cities in New Hampshire and the national median provides valuable insight for property owners considering the financial implications of property ownership in this region. Understanding these differences is crucial for homeowners looking to manage their property tax liabilities effectively.

Property Tax Rates Across Andover, Merrimack County, New Hampshire

Source: Ownwell

1.14%

2.18%

3.23%

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 Andover Tax Rate

2.12%

Median Effective Merrimack County Tax Rate

2.44%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Andover, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03216	2.12%	2.12%	2.12%	2.12%	2.12%

Source: Ownwell

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

When examining property taxes in Andover, 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 Merrimack 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 Merrimack 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 Andover. For example, the median home price in Andover is $223,650, with tax bills ranging significantly across the county. Zip code 03216 has the highest median home price at $223,650.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Andover Market Value

$223,650

Median Merrimack County Market Value

$264,400

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

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

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03216	$130,910	$173,425	$223,650	$289,650	$374,470

Source: Ownwell

Property Tax Bills Across Andover, Merrimack County, New Hampshire

In Andover, NH, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in the area is $223,650, and the property tax rate is notably higher than the national median of 1.02%. This results in a considerable tax burden for homeowners, with the median tax bill reaching $4,739. Homeowners in the 25th percentile face tax bills of $3,674, while those in the 75th percentile pay $6,115, and the 90th percentile sees bills as high as $7,878. These figures can significantly impact household budgets, making it crucial for homeowners to explore ways to reduce their tax liabilities. Ownwell offers expert property tax appeal and exemption services to help homeowners in Andover potentially lower their tax bills. By leveraging local market data and expertise, Ownwell can identify opportunities for savings, ensuring that homeowners are not overpaying on their property taxes. This can provide substantial financial relief and help maintain the affordability of homeownership in the area.

Property Tax Bills Across Andover, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Andover Tax Bill

$4,739

Median Merrimack County Tax Bill

$6,194

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Andover, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03216	$2,774	$3,674	$4,739	$6,115	$7,878

Source: Ownwell