Lebanon, Grafton County, New Hampshire Property Taxes
Median Lebanon, NH effective property tax rate: 2.30%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Lebanon, NH home value: $302,000
Median annual Lebanon, NH tax bill: $6,963, $4,563 higher than the national median property tax bill of $2,400.
How are property taxes in Grafton calculated?
Property taxes in Lebanon, 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 Lebanon’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lebanon, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lebanon, Grafton County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.3%
Estimate Property Tax Bill
$6,946
$6,446
Property Tax Rates Across Lebanon, Grafton County, New Hampshire
Local government entities set property tax rates, and these can vary significantly within a state. Each year, counties estimate the budget necessary to provide services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Lebanon, located in Grafton County, New Hampshire, the effective property tax rate is 2.30%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local government's budgetary needs and property values. Compared to other cities in New Hampshire, Lebanon maintains a consistent property tax rate, as the highest and lowest median tax rates in the area are both 2.30%. This uniformity suggests a stable approach to property taxation within the city. By understanding these figures, property owners in Lebanon can better anticipate their tax obligations and plan accordingly.
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 Lebanon Tax Rate
2.30%
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
2.30%
Median Effective New Hampshire Tax Rate
1.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lebanon, Grafton County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03766 | 2.30% | 2.30% | 2.30% | 2.30% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across Lebanon, Grafton County, New Hampshire
When examining property taxes in Lebanon, 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 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 Lebanon.
For example, the median home price in Lebanon is $302,000, with tax bills ranging significantly across the county. ZIP code 03766 has the highest median home price at $302,000.
Property Tax Assessment Values Across Lebanon, Grafton County, New Hampshire
Source: Ownwell
$95,070
$382,085
$669,100
Median Lebanon Market Value
$302,000
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 Lebanon, Grafton County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03766 | $105,100 | $215,700 | $302,000 | $390,400 | $506,100 |
Source: Ownwell
Property Tax Bills Across Lebanon, Grafton County, New Hampshire
In Lebanon, Grafton County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to determine the annual tax bill. Lebanon's property tax rates are notably higher than the national median, with the median tax bill reaching $6,963. This is significantly above the national median property tax bill of $2,400. Factors influencing the tax bill include property size, location, and local government budgets. Homeowners in Lebanon may find their tax bills to be a substantial financial burden, especially when compared to the national average.
Ownwell offers a solution by providing property tax appeal services. By analyzing property assessments, Ownwell identifies discrepancies and helps homeowners file appeals to potentially lower their tax bills. This service can lead to significant savings, offering financial relief to homeowners burdened by high property taxes. With Ownwell's expertise, homeowners in Lebanon can ensure their property taxes are fair and accurate.
Median Lebanon Tax Bill
$6,963
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 Lebanon, Grafton County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03766 | $2,422 | $4,970 | $6,963 | $8,998 | $11,663 |
Source: Ownwell