Belmont, Merrimack County, New Hampshire Property Taxes

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

Median Belmont, NH effective property tax rate: 1.45%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Belmont, NH home value: $322,100
Median annual Belmont, NH tax bill: $4,687, $2,287 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Belmont, Merrimack County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.45%

Estimate Property Tax Bill

$4,670

$4,334

Ownwell’s Belmont Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Belmont with just two data points.

By entering your property's estimated assessed value, our calculator applies Belmont’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.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Belmont, Merrimack County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. This variation stems from each county's annual budget estimation process. Counties estimate their required budget to provide essential services and divide this by the total assessed value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting these rates and budgets, this is the core process.

In Belmont, located in Merrimack County, the effective property tax rate is a reflection of this process. Belmont's rate stands at 1.45%, which aligns with the highest and lowest median rates in the state. This is notably higher than the national median property tax rate of 1.02%. When considering the national median property tax bill of $2,400, Belmont's higher rate can impact homeowners significantly. This comparison underscores the importance of understanding local tax rates, as they directly affect property tax bills. For homeowners in Belmont, exploring property tax appeal and exemption services can be a valuable step in managing these costs effectively.

Property Tax Rates Across Belmont, 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 Belmont Tax Rate

1.45%

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 Belmont, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03220	1.45%	1.45%	1.45%	1.46%	1.46%

Source: Ownwell

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

When examining property taxes in Belmont, 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.

Assessment notices:

In Merrimack County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March.

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 Belmont.

For example, the median home price in Belmont is $322,100, with tax bills ranging significantly across the county. 03220 has the highest median home price at $322,100.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Belmont Market Value

$322,100

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 Belmont, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03220	$151,780	$272,500	$322,100	$363,300	$388,124

Source: Ownwell

Property Tax Bills Across Belmont, Merrimack County, New Hampshire

In Belmont, located in Merrimack 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 tax bill. Factors such as property location, size, and condition can influence the assessed value. Homeowners in Belmont face a median property tax bill of $4,687, significantly higher than the national median of $2,400. This high tax burden can impact homeowners financially, making it essential to ensure that their property is assessed fairly. Ownwell offers a solution by providing property tax appeal and exemption services. Our experts analyze your property’s assessment to identify discrepancies or opportunities for exemptions. By challenging over-assessments, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share. With professional guidance, homeowners can navigate the complexities of property taxes and achieve substantial savings.

Property Tax Bills Across Belmont, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Belmont Tax Bill

$4,687

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 Belmont, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03220	$2,208	$3,965	$4,687	$5,286	$5,647

Source: Ownwell