Tax Rates

camp guy · 05-21-2007, 06:59 PM

Ah, yes, the age old topic of 'tax free New Hampshire' is sure to bring forth many views, some personal horror stories, and a renewal of the on-going debate about taxes in general. Of course, what you actually end up paying in taxes is the product of a formula which includes your home assessment, the overall assessment of the town, and the cost of running the town. These figures are provided to the State and the State calculates the rate for the Town. Then the rate is applied to each individual property and that is what you pay, less any reductions due to age, veterans status, or other conditions. The rate is expressed as dollars per thousand, however, just looking a listing of each town's rate will not give you a fair comparison. A "shack" on watefront land will bring big bucks, and conversely, a very comfortable home well off the water will be rather modest in taxes. Several posters have mentioned to be aware of the differences. My advice is to look carefully at each Town with respect to what YOU want from the Town for you and your family, and the study that Town more carefully. Good Luck to you.

05-21-2007, 06:59 PM	#10
camp guy Senior Member Join Date: Apr 2004 Location: formerly Winter Harbor, still Wolfeboro Posts: 1,197 Thanks: 303 Thanked 529 Times in 296 Posts	Tax Rates Ah, yes, the age old topic of 'tax free New Hampshire' is sure to bring forth many views, some personal horror stories, and a renewal of the on-going debate about taxes in general. Of course, what you actually end up paying in taxes is the product of a formula which includes your home assessment, the overall assessment of the town, and the cost of running the town. These figures are provided to the State and the State calculates the rate for the Town. Then the rate is applied to each individual property and that is what you pay, less any reductions due to age, veterans status, or other conditions. The rate is expressed as dollars per thousand, however, just looking a listing of each town's rate will not give you a fair comparison. A "shack" on watefront land will bring big bucks, and conversely, a very comfortable home well off the water will be rather modest in taxes. Several posters have mentioned to be aware of the differences. My advice is to look carefully at each Town with respect to what YOU want from the Town for you and your family, and the study that Town more carefully. Good Luck to you.