Brentwood, New Hampshire Property Taxes
The median property tax rate in Brentwood, NH is 2.22%, considerably higher than both the national median of 0.99% and the New Hampshire state median of 1.91%. With the median home value in Brentwood, the typical annual property tax bill reaches $8,899, exceeding the national median of $2,690. Property taxes in Brentwood are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brentwood's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Brentwood or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brentwood, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.22%
Estimate Property Tax Bill
$8,930
Ownwell’s Brentwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Brentwood with just two key inputs. By entering your property's estimated assessed value, the calculator utilizes the median tax rate in Brentwood to provide an accurate estimate of your property tax bill. This valuable tool helps you understand potential tax liabilities and make informed decisions. For those interested in more detailed trends at the neighborhood level, further localized information is available below. Your property’s assessed value, determined by Rockingham County, is crucial for property tax calculations and considers any applicable exemptions.
Property Tax Rates Across Brentwood, New Hampshire
Property taxes in Brentwood, New Hampshire, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brentwood is 2.22%, significantly higher than both the New Hampshire state median and the U.S. national median of 0.99%. Local government entities within Brentwood set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brentwood estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Brentwood's effective property tax rate to other areas in Rockingham County and the national median. For comparison, the zip code 03833 has the highest median property tax rate of 2.22%, while the same zip code also has the lowest median tax rate of 2.22%. Understanding how these areas compare with Brentwood provides valuable insights into the varying tax landscape across Rockingham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brentwood Tax Rate
2.22%
Average Rockingham County Tax Rate
1.90%
Average New Hampshire Tax Rate
1.91%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brentwood, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03833 | 2.21% | 2.21% | 2.21% | 2.22% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Brentwood, New Hampshire
In Brentwood, New Hampshire, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Rockingham County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Brentwood, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Brentwood stands at $402,250, with the highest and lowest median tax bills both being $8,899 in zip code 03833. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Brentwood, New Hampshire
Source: Ownwell
$275,100
$1,110,250
$1,945,400
Average Brentwood Assessed Value
$402,250
Average Rockingham County Assessed Value
$373,900
Average New Hampshire Assessed Value
$299,765
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brentwood, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03833 | $269,800 | $316,950 | $402,250 | $488,265 | $558,800 |
Source: Ownwell
Property Tax Bills Across Brentwood, New Hampshire
In Brentwood, Rockingham County, NH, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the local tax assessor, who evaluates the property's market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including the property's size, location, and any improvements or renovations made. For instance, a median home price in Brentwood is $402,250, leading to varied tax bills across different percentiles. Homeowners in the 25th percentile might see tax bills around $7,021, while those in the 75th percentile could face bills closer to $10,815. Those in the 90th percentile might encounter even higher bills, approximately $12,377. These property taxes significantly impact homeowners by contributing to local services such as schools, infrastructure, and emergency services. Comparing Brentwood's tax rate to the national median property tax rate of 0.99%, it's evident that local tax rates can vary widely, influencing the overall tax burden on homeowners.
Average Brentwood Tax Bill
$8,899
Average Rockingham County Tax Bill
$6,989
Average New Hampshire Tax Bill
$5,895
Average United States Tax Bill
$2,690
Property Tax Bills Across Brentwood, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03833 | $5,976 | $7,021 | $8,899 | $10,815 | $12,377 |
Source: Ownwell