Bennington, Hillsborough County, New Hampshire Property Taxes

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

Median Bennington, NH effective property tax rate: 3.17%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Bennington, NH home value: $164,450
Median annual Bennington, NH tax bill: $5,204, $2,804 higher than the national median property tax bill of $2,400.

How are property taxes in Hillsborough calculated?

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

Last Updated March 1, 2025

Bennington, Hillsborough County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.17%

Estimate Property Tax Bill

$5,213

$4,838

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

Property Tax Rates Across Bennington, Hillsborough County, New Hampshire

Local government entities determine tax rates, and these can greatly vary within a state. Each county estimates 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. This annual process, while involving votes and laws, essentially boils down to these calculations.

You can compare Bennington’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S. Bennington, located in Hillsborough County, has a median property tax rate significantly higher than the national median rate of 1.02%. This places a heavier burden on property owners compared to many other regions. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. By appealing property assessments or seeking exemptions, residents may find opportunities to reduce their tax obligations. It's essential to stay informed about how local tax rates are set and how they compare to state and national averages to make the best financial decisions.

Property Tax Rates Across Bennington, Hillsborough County, New Hampshire

Source: Ownwell

0.34%

1.86%

3.39%

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 Bennington Tax Rate

3.17%

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 Bennington, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03442	3.16%	3.16%	3.17%	3.17%	3.17%

Source: Ownwell

Property Tax Assessment Values Across Bennington, Hillsborough County, New Hampshire

When examining property taxes in Bennington, 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.

Assessment notices:

In Hillsborough 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 Bennington.

For example, the median home price in Bennington is $164,450, with tax bills ranging significantly across the county. 03442 has the highest median home price at $164,450.

Property Tax Assessment Values Across Bennington, Hillsborough County, New Hampshire

Source: Ownwell

$132,100

$393,850

$655,600

Median Bennington Market Value

$164,450

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 Bennington, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03442	$67,800	$106,825	$164,450	$206,300	$248,100

Source: Ownwell

Property Tax Bills Across Bennington, Hillsborough County, New Hampshire

Property tax bills in Bennington, located in Hillsborough County, NH, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by local assessors who evaluate properties to reflect their market value. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Bennington, the property tax bill can range significantly, with the 25th percentile at $3,381 and the 75th percentile at $6,529. The highest tax bills can reach up to $7,853. These figures are notably higher than the national median property tax bill of $2,400, reflecting the higher property values and tax rates in the area. Homeowners in Bennington can face financial strain due to these high taxes. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expertise in local tax regulations, Ownwell helps ensure homeowners are not overpaying, potentially reducing their tax burden and easing financial pressure.

Property Tax Bills Across Bennington, Hillsborough County, New Hampshire

Source: Ownwell

$713

$7,750

$14,787

Median Bennington Tax Bill

$5,204

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 Bennington, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03442	$2,146	$3,381	$5,204	$6,529	$7,853

Source: Ownwell