Madbury, Strafford County, New Hampshire Property Taxes

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

Median Madbury, NH effective property tax rate: 2.70%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Madbury, NH home value: $347,697
Median annual Madbury, NH tax bill: $9,602, $7,202 higher than the national median property tax bill of $2,400.

How are property taxes in Strafford calculated?

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

Last Updated March 1, 2025

Madbury, Strafford County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.7%

Estimate Property Tax Bill

$9,388

$8,712

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

Property Tax Rates Across Madbury, Strafford County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide essential services, dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the process in a nutshell.

In Madbury, located in Strafford County, New Hampshire, the effective property tax rate stands at 2.70%. This rate is significantly higher than the national median property tax rate of 1.02%, reflecting the unique fiscal needs and property values of the area. When compared to other cities within New Hampshire, Madbury's rate aligns with the highest in the region, indicating a consistent approach to budgeting and service provision within the county. For residents, understanding these rates is crucial for financial planning, and exploring potential tax appeals or exemptions can provide relief. By staying informed and proactive, property owners can better manage their tax liabilities in this competitive real estate market.

Property Tax Rates Across Madbury, Strafford County, New Hampshire

Source: Ownwell

1.49%

2.20%

2.90%

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 Madbury Tax Rate

2.70%

Median Effective Strafford County Tax Rate

2.42%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Madbury, Strafford County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03823	2.70%	2.70%	2.70%	2.70%	2.70%

Source: Ownwell

Property Tax Assessment Values Across Madbury, Strafford County, New Hampshire

When examining property taxes in Madbury, 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 Strafford 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 Strafford 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 Madbury.

For example, the median home price in Madbury is $347,697, with tax bills ranging significantly across the county. 03823 has the highest median home price at $347,697.

Property Tax Assessment Values Across Madbury, Strafford County, New Hampshire

Source: Ownwell

$171,300

$287,068

$402,835

Median Madbury Market Value

$347,697

Median Strafford County Market Value

$262,600

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Madbury, Strafford County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03823	$1,060	$107,150	$347,697	$450,900	$563,668

Source: Ownwell

Property Tax Bills Across Madbury, Strafford County, New Hampshire

In Madbury, located in Strafford County, NH, property tax bills are calculated based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in the area stands at $347,697. Unlike many places where property taxes are calculated using market value, New Hampshire uses assessed value, which can differ significantly from market value. Homeowners in Madbury face a median property tax bill of $9,602, significantly higher than the national median of $2,400. This discrepancy can place a substantial financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Factors such as local government budgets and school funding requirements heavily influence tax rates. Ownwell offers invaluable assistance to homeowners by providing expert property tax appeal and exemption services. By leveraging local expertise, Ownwell helps homeowners potentially reduce their tax bills, ensuring they aren't overpaying and can better manage their financial obligations.

Property Tax Bills Across Madbury, Strafford County, New Hampshire

Source: Ownwell

$4,328

$7,254

$10,180

Median Madbury Tax Bill

$9,602

Median Strafford County Tax Bill

$5,998

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Madbury, Strafford County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03823	$150	$4,812	$9,602	$12,302	$15,407

Source: Ownwell