Richmond, Cheshire County, New Hampshire Property Taxes
Property Taxes in Richmond, New Hampshire
Median Richmond, New Hampshire effective property tax rate: 1.79%, lower than the national median of 1.02%, and lower than the New Hampshire state median of 1.82%.
Median Richmond, New Hampshire home value: $279,600
Median annual Richmond, New Hampshire tax bill: $5,001, higher than the national median property tax bill of $2,400.
How are property taxes in Cheshire calculated?
Property taxes in Richmond, 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 Richmond's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Richmond, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Richmond, Cheshire County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.79%
Estimate Property Tax Bill
$5,005
$4,644
How Does the Richmond Property Tax Calculator Work?
Use this Richmond property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Richmond's median effective tax rate of 1.79% — based on actual property records in Cheshire County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Richmond'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 Richmond: rates range from 1.79% in 03470 to 1.79% in 03470, 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 Richmond.
About Richmond Property Taxes
About Property Taxes in Richmond, Cheshire, New Hampshire
Richmond’s median effective property tax rate of 1.79% is lower 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 Richmond. Homeowners in the 03470 ZIP code carry a median effective rate of 1.79%, while those in the lowest ZIP also pay 1.79%. This spread reflects how school district boundaries and local assessment districts are drawn across Cheshire County. Understanding which part of Richmond you live in can make a meaningful difference to your annual tax bill.
Richmond 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 Richmond, 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 Richmond'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 Ă· 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 Richmond Tax Rate
1.79%
Our median effective property tax rate (tax bill Ă· 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
1.02%
Property Tax Rates Across Richmond, Cheshire County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03470 | 1.79% | 1.79% | 1.79% | 1.79% | 1.79% |
Source: Ownwell
Property Tax Assessment Values Across Richmond, Cheshire County, New Hampshire
When examining property taxes in Richmond, 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.
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 Richmond.
For example, the median home price in Richmond is $279,600, with tax bills ranging significantly across the county. 03470 has the highest median home price at $279,600.
Property Tax Assessment Values Across Richmond, Cheshire County, New Hampshire
Source: Ownwell
$135,500
$325,928
$516,355
Median Richmond Market Value
$279,600
Median Cheshire County Market Value
$235,700
Median New Hampshire Market Value
$360,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Richmond, Cheshire County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03470 | $84,575 | $207,150 | $279,600 | $341,225 | $409,901 |
Source: Ownwell
Property Tax Bills Across Richmond, Cheshire County, New Hampshire
Property tax bills in Richmond 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 homeowners, this means the bill is tied to what the property is worth rather than what was originally paid for it. Factors such as the home’s location, size, condition, and any changes to the property can affect the assessed value and, in turn, the tax bill.
With a median home price of $279,600, property taxes can represent a significant annual cost for Richmond homeowners. The typical tax bill in the area is $5,001, which is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills in the area also vary, with the 25th percentile at $3,727 and the 75th percentile at $6,117, showing how much taxes can differ from one homeowner to another.
Median Richmond Tax Bill
$5,001
Median Cheshire County Tax Bill
$5,797
Median New Hampshire Tax Bill
$6,530
Median United States Tax Bill
$2,400
Property Tax Bills Across Richmond, Cheshire County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03470 | $1,851 | $3,727 | $5,001 | $6,117 | $7,336 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Cheshire Tax Assessor | |
| Website | gis.vgsi.com |