I recall a Meredith statistic from the town website that said 42% of the residences were non-resident in about 2005, which was down from 47% in about 1995.
Just a guess here, but could be that 70-75% of all local property taxes comes from the Meredith waterfronts?
On the non-resident waterfront.....that's where the money is...and that's why New Hampshire has always gone with a property tax system....it's money coming from somewhere else. Meanwhile, NH residents who work in Mass get to pay both a Mass income tax plus a NH prop tax....because NH has no personal income tax with which to have a reciprogate Mass-NH income tax deal...way-to-go NH!