Published July 25, 2026
Concord NH Property Taxes 2026: Rates, Bills & What to Expect
Quick answer: Concord NH property taxes are among the highest in the region, running about $29.11 per $1,000 of assessed value for the 2025 tax year set this past fall. On a $350,000 home, that works out to roughly $10,190 a year. The rate rose $1.42 (about 5%) over the prior year, driven mainly by the city and school district portions.
If you are buying in New Hampshire's capital city, the tax bill is a real part of your monthly cost — often several hundred dollars a month on top of principal and interest. As agents who work Concord and the surrounding Merrimack County towns every week, we walk buyers through this number early so there are no surprises at closing. Here is how Concord's rate is built, why it sits where it does, and what you can actually do about it.
How much are Concord NH property taxes in 2026?
For the 2025 tax year (billed into 2026), Concord's total rate in the main city district is $29.11 per $1,000 of assessed value. Multiply your assessed value by 29.11 and divide by 1,000 to get the annual bill. A few quick examples:
- $300,000 assessment → about $8,730 a year
- $450,000 assessment → about $13,100 a year
- $600,000 assessment → about $17,470 a year
The statewide single-family median hit $575,000 in June 2026 per New Hampshire REALTORS, so a median-priced home in Concord carries a property-tax bill in the mid-teens of thousands of dollars. That is why we build taxes into every affordability conversation.
What is Concord's 2025-2026 property tax rate breakdown?
New Hampshire property tax rates are set each fall by the Department of Revenue Administration and stack four separate pieces. Here is how Concord's $29.11 splits out:
| Portion | Rate per $1,000 | What it funds |
|---|---|---|
| Municipal (city) | $10.18 | Police, fire, roads, city services |
| Local school | $14.81 | Concord School District |
| County | $2.54 | Merrimack County government |
| State education | $1.58 | Statewide school funding |
| Total | $29.11 | Full 2025 rate |
The school portion is by far the largest slice — a pattern you see in most New Hampshire communities, because the state has no income or general sales tax and leans heavily on local property taxes to fund public education.
Why are Concord's property taxes so high?
Two things push Concord NH property taxes toward the top of the regional list. First, the math of the rate itself: a 3.5% bump in the city portion and a roughly 6% increase in the Concord School District portion combined to raise the total rate by $1.42 this cycle, per reporting in the Concord Monitor. On a $350,000 home that is about $500 more per year than the prior bill.
Second, Concord's assessed values sit close to full market value after recent revaluations. When assessments track market prices, a high nominal rate translates almost dollar-for-dollar into a high effective bill. A slower-growing tax base and rising city and school costs did the rest.
How is a Concord property tax bill calculated?
The formula is simple: assessed value ÷ 1,000 × total rate = annual tax. The city assesses your property as of April 1 each year, and the DRA-approved rate is applied to that number. Concord bills semi-annually — an estimated bill mid-year followed by a final bill in the fall once the new rate is set. If you escrow taxes through your lender, roughly one-twelfth of the annual amount is collected with each mortgage payment.
How do Concord's taxes compare to nearby towns?
Concord's $29.11 rate is high even by New Hampshire standards — many Southern NH towns we work in sit in the $16 to $20 range per $1,000. But a rate alone can mislead: a town with a lower rate but higher assessments can produce a similar bill. What matters is the effective bill on a comparably valued home. For a full side-by-side, see our New Hampshire property tax rates by town comparison, and always compare the actual annual figure on the specific homes you are weighing.
Can you lower your Concord property tax bill?
Sometimes, yes. New Hampshire offers several relief programs, and Concord participates in them:
- Elderly exemption — reduces assessed value for qualifying older residents by income and asset limits.
- Veterans' tax credit — a flat credit for eligible veterans and surviving spouses.
- Abatement — if you believe your assessment is too high, you can file an abatement application with the city, generally by March 1 after the final bill.
Buyers also have leverage before they ever own the home: understanding the tax load helps you set an offer price that keeps your total monthly payment comfortable. Thinking about a move to the capital? Start with our Concord relocation guide and browse current listings on our Concord real estate page.
Related reading
- Moving to Concord NH: A 2026 Relocation Guide
- West Concord NH Neighborhood Guide
- New Hampshire Property Tax Rates by Town
Frequently asked questions
Does Penacook have a different property tax rate than Concord?
Yes. Penacook falls in a separate school district (SAU 8 / Merrimack Valley), so its total rate differs from the main Concord city district. If you are shopping the Penacook area, confirm the exact rate for that district rather than assuming the citywide number.
How much are property taxes on a $400,000 home in Concord NH?
At the 2025 rate of $29.11 per $1,000, a $400,000 assessed value produces an annual tax of about $11,644, or roughly $970 a month. Your actual bill depends on your final assessed value, not the purchase price.
What is the property tax year in New Hampshire?
New Hampshire's property tax year runs from April 1 to March 31, and properties are assessed as of April 1. Rates are finalized by the Department of Revenue Administration in the fall, which is why the final bill arrives late in the year.
Do high property taxes hurt Concord home values?
Not necessarily. Buyers factor taxes into what they will pay, so a high rate can nudge prices, but Concord's role as the state capital, its jobs base, and its downtown keep demand steady. We help buyers weigh the full monthly cost — mortgage plus taxes — against a home's value.
Have questions about Concord NH property taxes on a specific home, or want a full picture of what your monthly payment would really look like? Reach out to The Phinney Team or start with our buyer resources — we will run the real numbers with you before you make an offer.
Sources: Concord Monitor; NH Department of Revenue Administration. Written by Derek Tarr, The Phinney Team at Keller Williams, Bedford NH. Rates change annually; verify current figures with the City of Concord.
