Manchester, Merrimack County, New Hampshire Property Taxes

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

Median Manchester, NH effective property tax rate: 2.41%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Manchester, NH home value: $203,100
Median annual Manchester, NH tax bill: $4,885, $2,485 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Manchester, Merrimack County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.41%

Estimate Property Tax Bill

$4,895

$4,542

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

Local government entities determine tax rates, which can vary significantly within a state. Annually, each county calculates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this is essentially the annual process. In Manchester, located in Merrimack County, the effective property tax rate is notably higher than the national median, with the state median also reflecting this trend. This places a considerable emphasis on the importance of understanding property tax obligations and exploring potential avenues for tax appeals or exemptions. By comparing Manchester’s effective property tax rate to other cities in New Hampshire and the median property tax rates in the state and the U.S., property owners can gain valuable insights into their tax responsibilities. Understanding these dynamics can empower property owners to make informed financial decisions and consider consulting services to potentially mitigate their tax burdens.

Property Tax Rates Across Manchester, 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 Manchester Tax Rate

2.41%

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 Manchester, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03104	2.40%	2.40%	2.41%	2.41%	2.41%

Source: Ownwell

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

When examining property taxes in Manchester, 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 Manchester. For example, the median home price in Manchester is $203,100, with tax bills ranging significantly across the county. Zip code 03104 has the highest median home price at $203,100.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Manchester Market Value

$203,100

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 Manchester, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03104	$150,220	$172,350	$203,100	$223,100	$239,920

Source: Ownwell

Property Tax Bills Across Manchester, Merrimack County, New Hampshire

In Manchester, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Manchester face a median property tax bill of $4,885, significantly higher than the national median of $2,400. Factors such as property improvements, neighborhood developments, and changes in the local tax rate can impact the assessed value and, consequently, the tax bill. This can place a significant financial burden on homeowners, especially when the tax bill is as high as $5,770 for those in the 90th percentile.

Ownwell offers valuable assistance to homeowners by providing expert property tax appeal and exemption services. By reviewing the assessed value and ensuring it reflects the true market value, Ownwell helps homeowners potentially reduce their tax bills. This service can lead to substantial savings, offering financial relief in a region where property taxes are notably above the national average.

Property Tax Bills Across Manchester, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Manchester Tax Bill

$4,885

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 Manchester, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03104	$3,613	$4,145	$4,885	$5,366	$5,770

Source: Ownwell