Chichester, Merrimack County, New Hampshire Property Taxes

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

Median Chichester, NH effective property tax rate: 2.44%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Chichester, NH home value: $259,527
Median annual Chichester, NH tax bill: $6,329, $3,929 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Chichester, Merrimack County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.44%

Estimate Property Tax Bill

$6,332

$5,876

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

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that figure by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

In Chichester, located in Merrimack County, NH, the effective property tax rate is a significant point of interest. Chichester's rate is notably higher than the national median property tax rate of 1.02%. This disparity highlights the importance of understanding local tax rates, as they can significantly impact property owners. By comparing Chichester’s effective property tax rate to other cities in New Hampshire, as well as the median property tax rates in the state and the U.S., property owners can gain valuable insights into their tax obligations. Understanding these differences is crucial for property owners looking to manage their expenses effectively and potentially seek property tax appeals or exemptions.

Property Tax Rates Across Chichester, 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 Chichester Tax Rate

2.44%

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 Chichester, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03258	2.44%	2.44%	2.44%	2.44%	2.44%

Source: Ownwell

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

When examining property taxes in Chichester, 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 the season. 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 Chichester. For example, the median home price in Chichester is $259,527, with tax bills ranging significantly across the county. ZIP code 03258 has the highest median home price at $259,527.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Chichester Market Value

$259,527

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 Chichester, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03258	$30,800	$206,000	$259,527	$316,600	$377,440

Source: Ownwell

Property Tax Bills Across Chichester, Merrimack County, New Hampshire

In Chichester, Merrimack County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. 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 conditions influence the assessed value. With a median home price of $259,527, homeowners in Chichester might face tax bills significantly higher than the national median property tax bill of $2,400, with the 25th percentile tax bill starting at $5,022. This can place a substantial financial burden on homeowners. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can help ensure that homeowners are not overpaying on their taxes. Through strategic appeals and exemption services, Ownwell aims to reduce the financial strain on homeowners, offering them peace of mind and potential savings.

Property Tax Bills Across Chichester, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Chichester Tax Bill

$6,329

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 Chichester, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03258	$771	$5,022	$6,329	$7,720	$9,186

Source: Ownwell