Milan, Coos County, New Hampshire Property Taxes

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

Median Milan, NH effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Milan, NH home value: $139,600
Median annual Milan, NH tax bill: $2,840, $440 higher than the national median property tax bill of $2,400.

How are property taxes in Coos calculated?

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

Last Updated March 1, 2025

Milan, Coos County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.04%

Estimate Property Tax Bill

$2,848

$2,643

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

Property Tax Rates Across Milan, Coos County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. 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 Milan’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.

Property Tax Rates Across Milan, Coos County, New Hampshire

Source: Ownwell

0.63%

1.97%

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 Milan Tax Rate

2.04%

Median Effective Coos County Tax Rate

2.43%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Milan, Coos County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03588	2.04%	2.04%	2.04%	2.04%	2.04%

Source: Ownwell

Property Tax Assessment Values Across Milan, Coos County, New Hampshire

When examining property taxes in Milan, 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 Coos 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. Assessment notices: Coos County sends assessment notices in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Milan. For example, the median home price in Milan is $139,600, with tax bills ranging significantly across the county. Zip code 03588 has the highest median home price at $139,600.

Property Tax Assessment Values Across Milan, Coos County, New Hampshire

Source: Ownwell

$34,000

$225,280

$416,560

Median Milan Market Value

$139,600

Median Coos County Market Value

$128,700

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Milan, Coos County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03588	$51,430	$90,625	$139,600	$185,425	$235,940

Source: Ownwell

Property Tax Bills Across Milan, Coos County, New Hampshire

In Milan, NH, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is multiplied by the local tax rate to determine the annual tax bill. Factors such as location, property size, and market conditions can influence the assessed value. With the median home price at $139,600, many homeowners face tax bills that can vary significantly. For instance, the 25th percentile tax bill is $1,818, while the 75th percentile reaches $3,777, and the 90th percentile is as high as $4,806. This variation can place a considerable financial burden on homeowners. Compared to the national median property tax bill of $2,400, Milan's tax bills can be significantly higher. Ownwell can assist homeowners by identifying potential savings through appealing inaccurate assessments or applying for exemptions. By leveraging expert knowledge and experience, Ownwell helps homeowners reduce their property tax bills, ensuring they pay only their fair share.

Property Tax Bills Across Milan, Coos County, New Hampshire

Source: Ownwell

$245

$2,647

$5,048

Median Milan Tax Bill

$2,840

Median Coos County Tax Bill

$2,848

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Milan, Coos County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03588	$1,014	$1,818	$2,840	$3,777	$4,806

Source: Ownwell