Northfield, Belknap County, New Hampshire Property Taxes

Name: Property Tax Bills Across Northfield, Belknap County, New Hampshire
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Northfield, NH effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Northfield, NH home value: $290,100
Median annual Northfield, NH tax bill: $4,662, $2,262 higher than the national median property tax bill of $2,400.

How are property taxes in Belknap calculated?

Property taxes in Northfield, NH are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Northfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Northfield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Northfield, Belknap County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$4,671

$4,334

Ownwell’s Northfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Northfield with just two data points. By entering your property's estimated assessed value, our calculator applies Northfield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Belknap County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Northfield, Belknap County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Northfield, located in Belknap County, property owners experience an effective property tax rate that reflects the needs and budgetary requirements of the local government. The median property tax rate in New Hampshire is 1.61%, which is significantly higher than the national median of 1.02%. This difference highlights the variation in property tax rates across the country.

Understanding the effective property tax rate in Northfield compared to other cities in New Hampshire and the national median can provide valuable insight for property owners. By being informed about these rates, property owners can better navigate their financial responsibilities and explore potential avenues for appealing or reducing their property tax burden.

Property Tax Rates Across Northfield, Belknap County, New Hampshire

Source: Ownwell

0.90%

1.65%

2.40%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Northfield Tax Rate

1.61%

Median Effective Belknap County Tax Rate

1.48%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Northfield, Belknap County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03276	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Northfield, Belknap County, New Hampshire

When examining property taxes in Northfield, New Hampshire, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Belknap County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Belknap County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Northfield.

For example, the median home price in Northfield is $290,100, with tax bills ranging significantly across the county. The national median property tax rate is 1.02%, and the national median property tax bill is $2400.

Property Tax Assessment Values Across Northfield, Belknap County, New Hampshire

Source: Ownwell

$180,762

$296,646

$412,530

Median Northfield Market Value

$290,100

Median Belknap County Market Value

$267,900

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Northfield, Belknap County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03276	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Northfield, Belknap County, New Hampshire

In Northfield, located in Belknap County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $290,100, homeowners in Northfield face property tax bills that often exceed the national median property tax bill of $2,400. The 25th, 75th, and 90th percentiles of tax bills in Northfield are all at $4,662, significantly higher than the national average, indicating a consistent tax burden across different property values. This can be a financial strain for homeowners, especially those with fixed incomes or those who have recently purchased high-value properties. Ownwell offers a solution by providing property tax appeal and exemption services, helping homeowners potentially reduce their tax bills. By analyzing property assessments and market conditions, Ownwell identifies opportunities for savings, ensuring homeowners in Northfield pay only their fair share.

Property Tax Bills Across Northfield, Belknap County, New Hampshire

Source: Ownwell

$2,970

$4,328

$5,686

Median Northfield Tax Bill

$4,662

Median Belknap County Tax Bill

$4,251

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Northfield, Belknap County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03276	N/A	N/A	N/A	N/A	N/A

Source: Ownwell