Property Taxes in Keene, New Hampshire
Median Keene, New Hampshire effective property tax rate: 3.31%, significantly higher than the national median of 1.02%, and higher than the New Hampshire state median of 1.82%.
Median Keene, New Hampshire home value: $207,000
Median annual Keene, New Hampshire tax bill: $6,829, higher than the national median property tax bill of $2,400.
How are property taxes in Cheshire calculated?
Property taxes in Keene, New Hampshire 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 Keene's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Keene, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Keene Property Tax Calculator Work?
Use this Keene property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Keene's median effective tax rate of 3.31% — based on actual property records in Cheshire County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Keene's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Keene: rates range from 3.31% in 03431 to 3.31% in 03431, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Keene.
About Keene Property Taxes
About Property Taxes in Keene, Cheshire, New Hampshire
Keene’s median effective property tax rate of 3.31% is higher than the New Hampshire state median of 1.82% and higher than the national median of 1.02%. This rate reflects the Cheshire County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Keene. Homeowners in the 03431 ZIP code carry a median effective rate of 3.31%, while those in the same ZIP also pay 3.31%. This reflects how school district boundaries and local assessment districts are drawn across Cheshire County. Understanding which part of Keene you live in can make a meaningful difference to your annual tax bill.
Keene homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before September 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Keene, Cheshire County, New Hampshire
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide 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, in a nutshell, this is the annual process.
Below, you can compare Keene's effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.
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 Keene Tax Rate
3.31%
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 Cheshire County Tax Rate
2.53%
Median Effective New Hampshire Tax Rate
1.82%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Keene, Cheshire County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03431 | 3.31% | 3.31% | 3.31% | 3.31% | 3.31% |
Source: Ownwell
Property Tax Assessment Values Across Keene, Cheshire County, New Hampshire
When examining property taxes in Keene, 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 Cheshire County assessment office 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.
Assessment notices:
In Cheshire County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in Keene is $207,000, with a median tax bill of $6,829. The national median property tax rate is 1.02%, and the national median property tax bill is $2,400.
Property Tax Assessment Values Across Keene, Cheshire County, New Hampshire
Source: Ownwell
$135,500
$325,928
$516,355
Median Keene Market Value
$207,000
Median Cheshire County Market Value
$235,700
Median New Hampshire Market Value
$360,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Keene, Cheshire County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03431 | $128,600 | $170,900 | $207,000 | $257,600 | $338,140 |
Source: Ownwell
Property Tax Bills Across Keene, Cheshire County, New Hampshire
Property tax bills in Keene are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For many homeowners, the bill depends on how their home is valued relative to similar properties in Cheshire County and how local budgets are set. A higher assessed value usually means a higher tax bill, while a lower assessed value can reduce what a homeowner owes.
With a median home price of $207,000, Keene homeowners face property tax bills that are often substantial. The 25th percentile tax bill is $5,638, while the 75th percentile is $8,463 and the 90th percentile reaches $10,999. The median tax bill in ZIP code 03431 is $6,829.
Compared with the national median property tax bill of $2,400, Keene’s property taxes can have a major impact on household budgets and long-term housing costs.
Median Keene Tax Bill
$6,829
Median Cheshire County Tax Bill
$5,797
Median New Hampshire Tax Bill
$6,530
Median United States Tax Bill
$3,209
Property Tax Bills Across Keene, Cheshire County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03431 | $4,236 | $5,638 | $6,829 | $8,463 | $10,999 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Cheshire Tax Assessor | |
| Website | gis.vgsi.com |