Bedford, Hillsborough County, New Hampshire Property Taxes
Median Bedford, NH effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%. Median Bedford, NH home value: $507,200. Median annual Bedford, NH tax bill: $8,927, $6,527 higher than the national median property tax bill of $2,400.
How are property taxes in Hillsborough County calculated?
Property taxes in Bedford, 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 Bedford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bedford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bedford, Hillsborough County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.76%
Estimate Property Tax Bill
$8,927
$8,284
Property Tax Rates Across Bedford, Hillsborough County, New Hampshire
Local government entities set property tax rates, which can vary significantly within a state. Each county determines its necessary budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Bedford, located in Hillsborough County, New Hampshire, the effective property tax rate is a point of interest. Compared to the national median property tax rate of 1.02%, Bedford's rate is notably higher. This places a significant tax burden on property owners, who may find relief through property tax appeal and exemption services.
When considering the state of New Hampshire as a whole, Bedford's tax rate is reflective of the state's median, which is above the national average. This can impact property owners' decisions when purchasing or maintaining real estate in the area. Understanding these rates and how they compare to national figures is essential for property owners seeking to manage their tax liabilities effectively.
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 Bedford Tax Rate
1.76%
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 Hillsborough County Tax Rate
1.89%
Median Effective New Hampshire Tax Rate
1.91%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bedford, Hillsborough County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03110 | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Bedford, Hillsborough County, New Hampshire
When examining property taxes in Bedford, 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 Hillsborough 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 Hillsborough County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Bedford. For example, the median home price in Bedford is $507,200, with tax bills ranging significantly across the county. ZIP code 03110 has the highest median home price at $507,200.
Property Tax Assessment Values Across Bedford, Hillsborough County, New Hampshire
Source: Ownwell
$132,100
$393,850
$655,600
Median Bedford Market Value
$507,200
Median Hillsborough County Market Value
$355,600
Median New Hampshire Market Value
$299,765
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bedford, Hillsborough County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03110 | $325,600 | $406,200 | $507,200 | $613,300 | $810,480 |
Source: Ownwell
Property Tax Bills Across Bedford, Hillsborough County, New Hampshire
In Bedford, NH, property tax bills are calculated based on the assessed value of a property. The local tax rate is applied to this assessed value, which is determined by the Hillsborough County assessor. Factors such as location, property size, and improvements can influence the assessment. Bedford homeowners experience a median property tax bill of $8,927, significantly higher than the national median of $2,400. This discrepancy can impact homeowners, making it crucial to ensure that property assessments are accurate and fair.
Ownwell offers a solution for homeowners looking to reduce their property tax bills. By leveraging expert knowledge and data analytics, Ownwell identifies potential discrepancies in property assessments and files appeals on behalf of homeowners. This service can lead to significant savings, especially for those in areas with higher tax rates. With Ownwell’s assistance, homeowners in Bedford can ensure they are not overpaying on their property taxes, potentially saving hundreds or even thousands of dollars annually.
Property Tax Bills Across Bedford, Hillsborough County, New Hampshire
Source: Ownwell
$713
$7,750
$14,787
Median Bedford Tax Bill
$8,927
Median Hillsborough County Tax Bill
$6,748
Median New Hampshire Tax Bill
$5,895
Median United States Tax Bill
$2,400
Property Tax Bills Across Bedford, Hillsborough County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03110 | $5,731 | $7,151 | $8,927 | $10,796 | $14,271 |
Source: Ownwell