Northfield, Merrimack County, New Hampshire Property Taxes

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

Median Northfield, 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 Northfield, NH home value: $311,900
Median annual Northfield, NH tax bill: $4,600, $2,200 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Northfield, 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

$4,523

$4,197

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

By entering your property's estimated assessed value, our calculator applies Northfield’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 Northfield, Merrimack 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 Northfield’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.

Property Tax Rates Across Northfield, 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 Northfield 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 Northfield, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03276	1.45%	1.45%	1.45%	1.46%	1.46%

Source: Ownwell

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

When examining property taxes in Northfield, 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 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 Northfield.

For example, the median home price in Northfield is $311,900, with tax bills ranging significantly across the county. 03276 has the highest median home price at $311,900.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Northfield Market Value

$311,900

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 Northfield, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03276	$132,020	$235,700	$311,900	$390,494	$453,700

Source: Ownwell

Property Tax Bills Across Northfield, Merrimack County, New Hampshire

In Northfield, Merrimack County, NH, property tax bills are calculated based on the assessed value of a home. The local assessor determines this value by evaluating the property's market value. The tax rate is then applied to the assessed value, resulting in the annual property tax bill. With a median home price of $311,900, homeowners in Northfield can expect to pay property taxes that are significantly higher than the national median property tax bill of $2,400. The tax bill for the 25th percentile is $3,640, while the 75th percentile reaches $5,720, and the 90th percentile climbs to $6,706. These figures highlight the financial impact on homeowners, making it crucial to ensure that assessments are accurate. Ownwell offers expertise in property tax appeals and exemption services, helping homeowners potentially reduce their tax burden. By analyzing property assessments and market data, Ownwell can identify discrepancies and assist in filing appeals, providing homeowners with a chance to achieve fairer tax bills and save money.

Property Tax Bills Across Northfield, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Northfield Tax Bill

$4,600

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 Northfield, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03276	$2,438	$3,640	$4,600	$5,720	$6,706

Source: Ownwell