Hillsborough, Sullivan County, New Hampshire Property Taxes

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

Median Hillsborough, NH effective property tax rate: 2.11%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Hillsborough, NH home value: $157,318
Median annual Hillsborough, NH tax bill: $3,318, $918 higher than the national median property tax bill of $2,400.

How are property taxes in Sullivan calculated?

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

Last Updated March 1, 2025

Hillsborough, Sullivan County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.11%

Estimate Property Tax Bill

$3,319

$3,080

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

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

Hillsborough in Sullivan County, NH, has an effective property tax rate of 2.11%, significantly higher than the national median of 1.02%. This rate is consistent across the county, as evidenced by the uniform tax rate in zip code 03244. The median property tax bill in Hillsborough also reflects this higher rate, surpassing the national median of $2,400. This comparison highlights the unique property tax landscape in New Hampshire, where local governance plays a crucial role in determining tax obligations. Understanding these variations can be key to managing property tax liabilities effectively.

Property Tax Rates Across Hillsborough, Sullivan County, New Hampshire

Source: Ownwell

1.40%

2.78%

4.17%

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 Hillsborough Tax Rate

2.11%

Median Effective Sullivan County Tax Rate

2.36%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hillsborough, Sullivan County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03244	2.11%	2.11%	2.11%	2.11%	2.11%

Source: Ownwell

Property Tax Assessment Values Across Hillsborough, Sullivan County, New Hampshire

When examining property taxes in Hillsborough, 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 Sullivan 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 Sullivan County, assessment notices are sent in the spring each year. They’ll typically reach 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 Hillsborough. For example, the median home price in Hillsborough is $157,318, with tax bills ranging significantly across the county. Zip code 03244 has the highest median home price at $157,318.

Property Tax Assessment Values Across Hillsborough, Sullivan County, New Hampshire

Source: Ownwell

$53,778

$228,739

$403,700

Median Hillsborough Market Value

$157,318

Median Sullivan County Market Value

$185,800

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hillsborough, Sullivan County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03244	$60,641	$97,275	$157,318	$224,300	$268,440

Source: Ownwell

Property Tax Bills Across Hillsborough, Sullivan County, New Hampshire

In Hillsborough, NH, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $157,318, homeowners in this area face a tax bill at the 25th percentile of $2,052, which is slightly below the national median tax bill of $2,400. However, those at the 75th percentile see a tax bill of $4,730, significantly higher than the national average. This discrepancy highlights the impact of property values and local tax rates on the final tax bill. The highest and lowest median tax bills in the area are both $3,318, indicating a consistent rate within the zip code 03244. For homeowners, these taxes can be a substantial financial burden. Ownwell assists homeowners by identifying potential savings through tax appeals and exemptions, potentially lowering their tax bills. By leveraging expertise in property tax laws and local assessments, Ownwell can help reduce the financial strain on homeowners, ensuring they pay only their fair share.

Property Tax Bills Across Hillsborough, Sullivan County, New Hampshire

Source: Ownwell

$1,559

$4,440

$7,320

Median Hillsborough Tax Bill

$3,318

Median Sullivan County Tax Bill

$4,808

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Hillsborough, Sullivan County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03244	$1,279	$2,052	$3,318	$4,730	$5,662

Source: Ownwell