Derry, Rockingham County, New Hampshire Property Taxes

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

Median Derry, NH effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Derry, NH home value: $374,800
Median annual Derry, NH tax bill: $7,150, $4,750 higher than the national median property tax bill of $2,400.

How are property taxes in Rockingham calculated?

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

Last Updated March 1, 2025

Derry, Rockingham County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.9%

Estimate Property Tax Bill

$7,121

$6,608

Ownwell’s Derry Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Derry with just two data points. By entering your property's estimated assessed value, our calculator applies Derry’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 Rockingham. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Derry, Rockingham County, New Hampshire

Local government entities determine tax rates, which can significantly differ within a state. This variation is due to each county estimating its required budget annually to provide services, then dividing that by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially how it works each year. In Derry, located in Rockingham County, the effective property tax rate stands out when compared to other cities in New Hampshire. The median property tax rate in New Hampshire is higher than the national median of 1.02%, indicating a heavier tax burden on property owners in the state. This underscores the importance of understanding how property taxes are assessed and the potential benefits of appealing your property tax assessment or seeking exemptions. By doing so, you might significantly reduce your property tax bill, making it crucial to stay informed and proactive about your property tax obligations.

Property Tax Rates Across Derry, Rockingham County, New Hampshire

Source: Ownwell

0.50%

1.72%

2.95%

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 Derry Tax Rate

1.90%

Median Effective Rockingham County Tax Rate

1.90%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Derry, Rockingham County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03038	1.90%	1.90%	1.90%	1.90%	1.90%

Source: Ownwell

Property Tax Assessment Values Across Derry, Rockingham County, New Hampshire

When examining property taxes in Derry, 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 Rockingham 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 Rockingham 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 Derry. For example, the median home price in Derry is $374,800, with tax bills ranging significantly across the county. Zip code 03038 has the highest median home price at $374,800.

Property Tax Assessment Values Across Derry, Rockingham County, New Hampshire

Source: Ownwell

$275,100

$1,110,250

$1,945,400

Median Derry Market Value

$374,800

Median Rockingham County Market Value

$373,900

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Derry, Rockingham County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03038	$151,700	$284,025	$374,800	$451,975	$550,050

Source: Ownwell

Property Tax Bills Across Derry, Rockingham County, New Hampshire

In Derry, NH, property tax bills are calculated based on the assessed value of a property. The tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the assessed value include property size, location, and market conditions. Homeowners in Derry face a median property tax bill significantly higher than the national median of $2,400, with the 25th percentile at $5,442 and the 75th percentile at $8,618. 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 assistance to homeowners by providing property tax appeal and exemption services, potentially reducing these high tax bills. By analyzing property data and market trends, Ownwell identifies opportunities for tax savings and guides homeowners through the appeal process. This not only helps in lowering the financial strain but also ensures that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Derry, Rockingham County, New Hampshire

Source: Ownwell

$4,706

$9,143

$13,579

Median Derry Tax Bill

$7,150

Median Rockingham County Tax Bill

$6,989

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Derry, Rockingham County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03038	$2,959	$5,442	$7,150	$8,618	$10,491

Source: Ownwell