Milton, Strafford County, New Hampshire Property Taxes

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

Median Milton, NH effective property tax rate: 2.45%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Milton, NH home value: $204,400
Median annual Milton, NH tax bill: $5,011, $2,611 higher than the national median property tax bill of $2,400.

How are property taxes in Strafford calculated?

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

Last Updated March 1, 2025

Milton, Strafford County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.45%

Estimate Property Tax Bill

$5,008

$4,647

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

Property Tax Rates Across Milton, Strafford 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 Milton’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.

Milton, located in Strafford County, experiences property tax rates that reflect the county's fiscal needs and property values. New Hampshire's median property tax rate is significantly higher than the national median, which can lead to higher property tax bills for homeowners. This can be attributed to the state's reliance on property taxes as a primary revenue source, which is common in many New England states. Understanding these rates can help homeowners in Milton make informed decisions about their property investments and tax obligations. By comparing local rates to state and national figures, property owners can better navigate the complexities of property tax assessments and appeals.

Property Tax Rates Across Milton, 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 Milton Tax Rate

2.45%

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 Milton, Strafford County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03851	2.45%	2.45%	2.45%	2.45%	2.45%

Source: Ownwell

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

When examining property taxes in Milton, 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: Strafford County sends assessment notices in the spring each year, typically reaching your mailbox by the middle of May. 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 Milton. For example, the median home price in Milton is $204,400, with tax bills ranging significantly across the county. Zip code 03851 has the highest median home price at $204,400.

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

Source: Ownwell

$171,300

$287,068

$402,835

Median Milton Market Value

$204,400

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 Milton, Strafford County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03851	$25,660	$138,800	$204,400	$268,800	$346,902

Source: Ownwell

Property Tax Bills Across Milton, Strafford County, New Hampshire

In Milton, NH, located in Strafford County, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The median home price in Milton is $204,400, and homeowners face a significant tax burden with the median tax bill reaching $5011, which is more than double the national median of $2400. Factors influencing the tax bill include the property's assessed value, which reflects its market value, and the local tax rate. Homeowners in Milton experience a wide range of tax bills, with the 25th percentile at $3436 and the 90th percentile at $8511. These figures indicate substantial variability in tax obligations based on property value and location within the city. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local market data, Ownwell helps ensure that homeowners pay only their fair share, potentially lowering their tax bills and alleviating the financial burden of property ownership.

Property Tax Bills Across Milton, Strafford County, New Hampshire

Source: Ownwell

$4,328

$7,254

$10,180

Median Milton Tax Bill

$5,011

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 Milton, Strafford County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03851	$659	$3,436	$5,011	$6,589	$8,511

Source: Ownwell