Sullivan, Cheshire County, New Hampshire Property Taxes

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

Median Sullivan, NH effective property tax rate: 2.64%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Sullivan, NH home value: $173,700
Median annual Sullivan, NH tax bill: $4,589, $2,189 higher than the national median property tax bill of $2,400.

How are property taxes in Cheshire calculated?

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

Last Updated March 1, 2025

Sullivan, Cheshire County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.81%

Estimate Property Tax Bill

$5,841

$5,420

Ownwell’s Sullivan Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sullivan with just two data points. By entering your property's estimated assessed value, our calculator applies Sullivan’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 Cheshire County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sullivan, Cheshire County, New Hampshire

Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This is because each county annually estimates its budget needs to provide essential services and then divides that amount by the total assessed value of all taxable properties within its jurisdiction. This process determines the property tax rate. While votes and legislation play a role in setting these rates and budgets, this is essentially how it works each year.

For instance, Sullivan in Cheshire County, New Hampshire, has an effective property tax rate of 2.64%, which is notably higher than the national median of 1.02%. This rate is also the highest and lowest median tax rate in the area, emphasizing the consistency of taxation within this region. Compared to the national median property tax bill of $2,400, property owners in Sullivan may find their tax bills significantly higher, reflecting the local government's budgetary requirements and the assessed property values. Understanding these rates can help property owners better anticipate their annual expenses and explore potential tax appeal or exemption opportunities.

Property Tax Rates Across Sullivan, Cheshire County, New Hampshire

Source: Ownwell

1.18%

2.24%

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 Sullivan Tax Rate

1.81%

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 Sullivan, Cheshire County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03445	1.81%	1.81%	1.81%	1.81%	1.81%

Source: Ownwell

Property Tax Assessment Values Across Sullivan, Cheshire County, New Hampshire

When examining property taxes in Sullivan, NH, 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 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 Cheshire County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Sullivan. For example, the median home price in Sullivan is $173,700, with tax bills ranging significantly across the county. Zip code 03445 has the highest median home price at $173,700.

Property Tax Assessment Values Across Sullivan, Cheshire County, New Hampshire

Source: Ownwell

$135,500

$325,928

$516,355

Median Sullivan Market Value

$322,700

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 Sullivan, Cheshire County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03445	$168,441	$245,100	$322,700	$422,100	$505,476

Source: Ownwell

Property Tax Bills Across Sullivan, Cheshire County, New Hampshire

In Sullivan, located in Cheshire County, NH, property taxes are calculated based on the assessed value of a home, which reflects its market value. This value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $173,700, Sullivan homeowners face tax bills that often surpass the national median of $2,400. In fact, the 25th percentile tax bill in Sullivan is $3,521, while the 75th percentile reaches $6,124, and the 90th percentile climbs to $7,185. These figures highlight the significant tax burden placed on homeowners in the area, far exceeding the national median property tax rate of 1.02%. Ownwell assists homeowners by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help lower your tax bill, ensuring you don't overpay. This service is invaluable in a region where tax bills can be substantial, offering a potential reduction in annual expenses for homeowners.

Property Tax Bills Across Sullivan, Cheshire County, New Hampshire

Source: Ownwell

$3,858

$6,337

$8,815

Median Sullivan Tax Bill

$5,838

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 Sullivan, Cheshire County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03445	$3,047	$4,434	$5,838	$7,618	$9,144

Source: Ownwell