Bridgewater, Grafton County, New Hampshire Property Taxes

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

Median Bridgewater, NH effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Bridgewater, NH home value: $186,200
Median annual Bridgewater, NH tax bill: $1,538, $862 lower than the national median property tax bill of $2,400.

How are property taxes in Grafton calculated?

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

Last Updated March 1, 2025

Bridgewater, Grafton County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.83%

Estimate Property Tax Bill

$1,545

$1,434

Ownwell’s Bridgewater Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bridgewater with just two data points. By entering your property's estimated assessed value, our calculator applies Bridgewater’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Grafton 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 Grafton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bridgewater, Grafton County, New Hampshire

Local government entities set property tax rates, which can vary widely even within a state. This variation is due to the fact that each county estimates its required budget annually to provide essential services and then divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is essentially the annual process.

In Bridgewater, located in Grafton County, NH, the effective property tax rate is a reflection of this local budgeting process. Compared to other cities in New Hampshire, Bridgewater's rate can differ significantly. The median property tax rate in New Hampshire is 2.05%, which is higher than the national median of 1.02%. This means that property owners in Bridgewater may experience different tax obligations depending on local assessments and budgets. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By comparing Bridgewater's tax rate to both state and national medians, property owners can gain valuable insights into their tax responsibilities.

Property Tax Rates Across Bridgewater, Grafton County, New Hampshire

Source: Ownwell

0.64%

2.03%

3.43%

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 Bridgewater Tax Rate

0.83%

Median Effective Grafton County Tax Rate

2.30%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bridgewater, Grafton County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03222	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bridgewater, Grafton County, New Hampshire

When examining property taxes in Bridgewater, 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 Grafton 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 Grafton 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 Bridgewater.

For example, the median home price in Bridgewater is $186,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bridgewater, Grafton County, New Hampshire

Source: Ownwell

$95,070

$382,085

$669,100

Median Bridgewater Market Value

$186,200

Median Grafton County Market Value

$210,700

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bridgewater, Grafton County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03222	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bridgewater, Grafton County, New Hampshire

In Bridgewater, located in Grafton County, NH, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is based on the market value of the property, which may fluctuate annually based on real estate trends. For homeowners in Bridgewater, the median home price stands at $186,200, which translates to varying tax obligations. The 25th percentile tax bill is $641, while the 75th percentile reaches $2,071, and the 90th percentile climbs to $3,040. Compared to the national median property tax bill of $2,400, Bridgewater's tax obligations can be considerably lower or higher depending on the home's assessed value. Ownwell assists homeowners in Bridgewater by offering property tax appeal services, aiming to reduce their tax burden. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax savings, ensuring homeowners pay only their fair share. This service can lead to significant savings, providing financial relief and peace of mind to property owners.

Property Tax Bills Across Bridgewater, Grafton County, New Hampshire

Source: Ownwell

$2,100

$6,988

$11,876

Median Bridgewater Tax Bill

$1,538

Median Grafton County Tax Bill

$4,270

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Bridgewater, Grafton County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03222	N/A	N/A	N/A	N/A	N/A

Source: Ownwell