New Hampshire Property Taxes by Town: 2025 Rates & Bills

Quick answer: New Hampshire property taxes by town ranged from $14.15 to $29.11 per $1,000 of assessed value across our 15 southern NH service towns in 2025 (NH Department of Revenue Administration). Windham and Londonderry set the lowest rates; Concord and Milford the highest. But the rate alone does not tell you the bill: a town's assessment ratio and its home prices matter just as much, which is why a $29 rate in Concord and a $16 rate in Bedford can produce similar tax bills.

New Hampshire has no income tax on wages and no sales tax, so towns and schools are funded almost entirely by property tax. The Tax Foundation counts property taxes as 59.5% of all state and local tax revenue here, the highest share in the country, and puts the statewide effective rate at about 1.50% of home value. That is why "what are the property taxes?" is the first question we get from buyers comparing towns, and why the answer deserves a real table rather than a guess.

What are New Hampshire property taxes by town in 2025?

The table below lists the 2025 total tax rate set by the NH Department of Revenue Administration for each of our 15 service-area towns, in alphabetical order. The rate is per $1,000 of assessed value and combines four pieces: the municipal rate, the local school rate, the statewide education property tax and the county rate. The "bill" column is simple arithmetic on a $500,000 assessment so you can compare towns at one price point. For context, we also show each town's July 2026 median single-family sale price from the New Hampshire Association of Realtors (year-to-date where July was a small sample).

Sources: 2025 municipal tax rates, NH Department of Revenue Administration; median prices, NHAR Local Market Updates for July 2026. The 2026 rates are set town by town in October and November 2026; we will update this table when the DRA publishes them.

Why can't you compare towns by tax rate alone?

Because the rate is applied to assessed value, and every town assesses on its own schedule. A town that last revalued in 2021 is taxing a number well below what homes sell for today, so it needs a higher rate to raise the same money. A town that revalued in 2025 is taxing close to market value and can carry a lower rate. The DRA publishes an equalization ratio for every municipality each year that shows how far assessed values sit from market; a ratio under 100% means assessments trail the market. Two towns with the same true tax burden can post rates $8 apart purely because of when they last revalued.

Here is the practical version. Concord's 2025 rate of $29.11 looks alarming next to Bedford's $16.49, yet Concord's July 2026 median single-family sale was $484,000 while Bedford's was $857,250. If each home were assessed at roughly what it sold for, the Concord buyer would owe about $14,100 a year and the Bedford buyer about $14,100 as well. Same bill, wildly different rate. The rate tells you how a town funds itself; the bill tells you what you will actually pay, and only the bill belongs in your budget.

The right way to read New Hampshire property taxes by town is therefore in three steps: find the current rate, find the specific property's assessed value (it is on the town's online assessing database and on the listing sheet), and multiply. Then ask the listing agent when the town last revalued, because a pending revaluation can move a bill by thousands even if the rate falls.

How is a New Hampshire property tax rate built?

Every town's rate has four parts. The municipal portion pays for police, fire, roads and town hall. The local school portion is usually the largest slice and is set by the school district's voted budget. The statewide education property tax is a uniform assessment the state collects and returns to schools. The county portion funds the county nursing home, jail and registry. When you see a big gap between neighbors such as Milford ($25.93) and Hollis ($18.90), the local school line and the revaluation cycle explain most of it, not town spending habits.

Bills arrive twice a year in most towns. The first installment, due around July 1, is an estimate based on half of last year's total; the second, due in December, uses the newly set rate and trues up the year. That semi-annual pattern matters at closing, because taxes are prorated between buyer and seller as of the closing date.

What does the rate mean for your monthly payment?

Lenders escrow property tax into the mortgage payment, so the tax line changes what you can afford before it changes anything else. On a $500,000 assessment, the spread between Windham ($7,075) and Concord ($14,555) is about $623 a month. At the 6.71% average 30-year rate Freddie Mac reported on September 3, 2026, that difference carries roughly $96,000 of additional loan balance. In other words, the same monthly budget buys a noticeably more expensive house in a low-rate town, which is one reason Windham, Londonderry and Bedford prices run where they do. The tax rate is already priced into the market; nobody gets a free lunch, but buyers who understand the trade choose better.

We noticed this fall that the comparison has become more common, not less. With statewide inventory up 15.6% year over year in July 2026 to 2,992 single-family homes for sale (NHAR), buyers finally have several homes to weigh against each other, and the tax line is one of the first things they line up side by side. When a house in Amherst and a house in Bedford both fit the budget, a $3,700 annual tax gap at the same price is often what decides it.

Which relief programs reduce the bill?

Three statewide programs apply everywhere: the elderly exemption (age 65+, with town-set income and asset limits, which reduces assessed value), the veterans' tax credit (a flat credit, typically $50–$750 depending on the town's vote) and the Low and Moderate Income Homeowners Property Tax Relief program, a state rebate on the statewide education portion for households under roughly $37,000 (single) or $47,000 (married). Applications for exemptions are due at the town by April 15 each year; the state relief claim is filed with the DRA between May 1 and June 30. Homeowners who believe their assessment is too high can also file an abatement request with the town by March 1 following the final bill.

If you are buying in a specific town, our per-town guides go deeper on the local numbers, exemptions and revaluation history: Bedford, Manchester, Nashua, Concord, Merrimack, Londonderry and Salem. For the towns without a dedicated guide yet, the table above plus the town's assessing page will get you to a reliable number.

Related reading: New Hampshire property taxes by town are only half of the tax picture; our no-income-tax guide shows how the missing wage tax nets against the property bill for a typical household. If price is the constraint, see the most affordable towns in New Hampshire. And if the property tax trade is part of a move from Massachusetts, our moving to NH from Massachusetts guide runs the full comparison.

Frequently asked questions

Which town has the lowest property tax rate in southern New Hampshire?

Among our 15 service towns, Windham ($14.15 per $1,000) and Londonderry ($14.47) had the lowest 2025 rates, followed by Bedford ($16.49) and Nashua ($16.83). Remember that low-rate towns tend to have higher home prices and recent revaluations, so the annual bill on a comparable house is closer than the rates suggest. For the statewide picture, including the lake and coastal towns with rates under $10, see our ranking of the NH towns with the lowest property taxes.

Which town has the highest property taxes in New Hampshire?

Of the 15 towns in this guide, Concord ($29.11) and Milford ($25.93) carried the highest 2025 rates. Statewide, a handful of small towns in the North Country and the Lakes Region post rates above $30, usually because assessments lag the market rather than because spending is unusual.

How do I calculate property tax on a New Hampshire home?

Divide the assessed value by 1,000 and multiply by the town's rate. A home assessed at $450,000 in Derry (2025 rate $18.99) owes $450 × 18.99, or about $8,546 a year, paid in two installments. Use the assessed value from the town's records, not the sale price, unless the town has just revalued.

When are New Hampshire property taxes due?

Most towns bill semi-annually: the first half is due around July 1 and the second half in December, once the DRA sets the new rate in the fall. A few towns bill quarterly or annually. Interest accrues on late payments, and unpaid taxes become a lien on the property.

Do New Hampshire property taxes go up every year?

Bills tend to rise with school and town budgets, but the rate itself often falls after a revaluation because the same budget is spread across a higher total value. Watch the bill, not the rate. Town Meeting warrant articles and school district votes in March are where the following year's bill is really decided.

Are property taxes deductible in New Hampshire?

Property taxes are deductible on your federal return if you itemize, subject to the federal cap on state and local tax deductions. New Hampshire has no state income tax return on which to deduct them. Confirm current limits with a tax professional.

Property taxes are the one line in a New Hampshire home budget that varies most from town to town, and the one most often misread. If you are comparing a few towns, The Phinney Team at Keller Williams will run the real bill on the actual houses you are considering, not the rate on a brochure, and pair it with a lender who escrows correctly from day one. Start on our buyer page, browse Bedford homes or Concord homes, or visit teamphinney.com.