Tilton, Merrimack County, New Hampshire Property Taxes

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

Median Tilton, 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 Tilton, NH home value: $268,500
Median annual Tilton, NH tax bill: $4,150, $1,750 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Tilton, 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

$3,893

$3,613

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

Local government entities set property tax rates, which can vary significantly within a state. 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. Although votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Tilton, located in Merrimack County, the effective property tax rate is 1.45%. This rate aligns with the highest and lowest median tax rates in the area, indicating uniformity across the county. Comparatively, New Hampshire's median property tax rate also stands at 1.45%, which is notably higher than the national median rate of 1.02%. This suggests that property owners in Tilton and across New Hampshire generally face a higher tax burden compared to the national average. Understanding these rates is crucial for property owners looking to manage their expenses effectively.

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

When examining property taxes in Tilton, 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 Tilton.

For example, the median home price in Tilton is $268,500, with tax bills ranging significantly across the county. The zip code 03276 has the highest median home price at $268,500.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Tilton Market Value

$268,500

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 Tilton, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03276	$19,294	$188,500	$268,500	$312,000	$358,340

Source: Ownwell

Property Tax Bills Across Tilton, Merrimack County, New Hampshire

In Tilton, NH, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Tilton is $268,500, which contributes to tax bills that can vary significantly. For example, homeowners at the 25th percentile pay approximately $3,181, while those at the 75th percentile face bills around $4,564. At the 90th percentile, the tax bill can reach up to $5,306. These figures are notably higher than the national median property tax bill of $2,400, reflecting the relatively high property tax rates in Merrimack County. This can place a substantial financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell offers valuable services to help homeowners in Tilton reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell can assist in ensuring that homeowners are not overpaying on their property taxes, potentially leading to significant savings.

Property Tax Bills Across Tilton, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Tilton Tax Bill

$4,150

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 Tilton, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03276	$1,508	$3,181	$4,150	$4,564	$5,306

Source: Ownwell