Bridgewater, Grafton County, New Hampshire Property Taxes
Property Taxes in Bridgewater, New Hampshire
Median Bridgewater, New Hampshire effective property tax rate: 0.54%, significantly lower than the national median of 1.02%, and lower than the New Hampshire state median of 1.82%.
Median Bridgewater, New Hampshire home value: $261,900
Median annual Bridgewater, New Hampshire tax bill: $1,414, lower than the national median property tax bill of $2,400.
How are property taxes in Grafton calculated?
Property taxes in Bridgewater, 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 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 April 13, 2026
Bridgewater, Grafton County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.54%
Estimate Property Tax Bill
$1,414
$1,312
How Does the Bridgewater Property Tax Calculator Work?
Use this Bridgewater property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bridgewater's median effective tax rate of 0.54% — based on actual property records in Grafton County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bridgewater's median effective rate across all local levies, providing a more accurate estimate than applying a single county mill rate.
Bridgewater's median effective property tax rate is lower than the New Hampshire median of 1.82% and well below the national median property tax rate of 1.02%. The median annual property tax bill in Bridgewater is $1,414, which is $986 lower than the New Hampshire median bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Bridgewater.
About Bridgewater Property Taxes
About Property Taxes in Bridgewater, Grafton, NH
Bridgewater's median effective property tax rate of 0.54% is lower than the New Hampshire state median of 1.82% and lower than the national median of 1.02%. This rate reflects the Grafton 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 Bridgewater. Homeowners in the highest ZIP code carry a median effective rate of 0.54%, while those in the lowest pay 0.54%. This spread reflects how school district boundaries and local assessment districts are drawn across Grafton County. Understanding which part of Bridgewater you live in can make a meaningful difference to your annual tax bill.
Bridgewater 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 Bridgewater, Grafton 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 Bridgewater'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 Bridgewater Tax Rate
0.54%
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 Grafton County Tax Rate
1.93%
Median Effective New Hampshire Tax Rate
1.82%
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, 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 Grafton County assessor 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 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 $261,900, with tax bills ranging significantly across the county. The median property tax bill is $1,414, compared with the national median property tax bill of $2,400 and national median property tax rate of 1.02%.
Property Tax Assessment Values Across Bridgewater, Grafton County, New Hampshire
Source: Ownwell
$95,550
$384,725
$673,900
Median Bridgewater Market Value
$261,900
Median Grafton County Market Value
$281,200
Median New Hampshire Market Value
$360,500
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
How are property tax bills calculated in Bridgewater?
Property tax bills in Bridgewater are based on the assessed value of a home and the local property tax rate set for Grafton County and the city. When a property is assessed, the value is used to determine how much tax the homeowner owes each year. A higher assessed value generally leads to a higher tax bill, while a lower assessed value can reduce the amount due.
What factors affect the tax bill? The main factors are the home’s assessed market value, local tax rates, and any exemptions that may apply. For a home with a median value of $261,900, the bill can vary widely depending on where the property falls within the local tax range. In Bridgewater, the 25th percentile tax bill is $651, the 75th percentile is $2,140, and the 90th percentile reaches $3,238.
How does this affect homeowners? Property taxes can significantly influence monthly housing costs and long-term affordability, especially when bills rise as assessed values increase.
Property Tax Bills Across Bridgewater, Grafton County, New Hampshire
Source: Ownwell
$2,219
$7,594
$12,969
Median Bridgewater Tax Bill
$1,414
Median Grafton County Tax Bill
$5,056
Median New Hampshire Tax Bill
$6,530
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
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Grafton Tax Assessor | |
| Website | www.vgsi.com |