How can I calculate my property tax rate?

In New Hampshire, property taxes are determined by multiplying the assessed value of the property by the local tax rate. To calculate your property tax rate, you will need to find out the assessed value of your property and the local tax rate. The assessed value of your property is based on your property’s market value and is determined by the municipality’s assessing department. You can contact your local assessing office to find the assessed value of your property. The local tax rate is set by each municipality and has two components: the county tax rate and the municipal tax rate. The county tax rate is used to fund services provided by the county government, while the municipal tax rate is used to fund services provided by the local government. You can find the local tax rate for your municipality by contacting your local government or checking your town’s website. Once you have the assessed value of your property and the local tax rate, you can calculate your property tax rate by multiplying the assessed value of your property by the local tax rate. For example, if the assessed value of your property is $200,000 and the local tax rate is 1.5%, then your property tax rate would be $3,000 (200,000 x 1.5%).

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