M'boro has tons of shoreline, both island and mainland, on exclusive Winni and Squam, plus more on Kanasatka, Lees Pond, Wakonda, and so on... Those high value parcels push the total assessed value in town way up. Thus the rate can be lower of course...
see for yourself:
https://www.revenue.nh.gov/sites/g/f...king-order.pdf