Goffstown, Hillsborough County, New Hampshire Property Taxes

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

Median Goffstown, NH effective property tax rate: 1.89%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Goffstown, NH home value: $405,400
Median annual Goffstown, NH tax bill: $7,646, $5,246 higher than the national median property tax bill of $2,400.

How are property taxes in Hillsborough calculated?

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

Last Updated March 1, 2025

Goffstown, Hillsborough County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.89%

Estimate Property Tax Bill

$7,662

$7,110

Ownwell’s Goffstown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Goffstown with just two data points. By entering your property's estimated assessed value, our calculator applies Goffstown’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 Goffstown, Hillsborough County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. This variability is due to each county estimating its required budget to provide services and dividing 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.

Goffstown in Hillsborough County, New Hampshire, has a median property tax rate of 1.89%, notably higher than the national median of 1.02%. This places Goffstown among the areas with the highest property tax rates in the state. Despite being a small town, Goffstown's tax rate reflects the need to meet budgetary requirements for local services, which can include schools, infrastructure, and emergency services.

While property tax rates in New Hampshire can be higher than the national average, it’s important for homeowners to understand how these rates are determined and how they compare to other areas. This knowledge can be crucial for budgeting and financial planning, especially for those considering moving to or investing in property in Goffstown or other parts of Hillsborough County.

Property Tax Rates Across Goffstown, 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 Goffstown Tax Rate

1.89%

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 Goffstown, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03045	1.89%	1.89%	1.89%	1.89%	1.89%

Source: Ownwell

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

When examining property taxes in Goffstown, 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 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 Goffstown. For example, the median home price in Goffstown is $405,400, with tax bills ranging significantly across the county. 03045 has the highest median home price at $405,400.

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

Source: Ownwell

$132,100

$393,850

$655,600

Median Goffstown Market Value

$405,400

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 Goffstown, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03045	$210,700	$320,625	$405,400	$504,575	$597,300

Source: Ownwell

Property Tax Bills Across Goffstown, Hillsborough County, New Hampshire

In Goffstown, located in Hillsborough County, NH, property tax bills are calculated based on the assessed value of the home, not its market value. The median home price in Goffstown is $405,400, and the property tax rate in this area significantly impacts homeowners. With a median property tax bill of $7,646, Goffstown's rate is notably higher than the national median property tax bill of $2,400. This means homeowners in Goffstown pay more than three times the national average, affecting their overall financial planning and housing affordability. Factors such as local government budgets, school funding, and public services influence the tax rate, making it essential for homeowners to ensure their property is accurately assessed. Ownwell offers valuable assistance by helping homeowners appeal their property assessments and secure exemptions, potentially lowering their tax bills. By leveraging expert knowledge and experience, Ownwell can identify discrepancies in assessments and guide homeowners through the appeal process, ultimately helping them achieve significant savings on their property taxes.

Property Tax Bills Across Goffstown, Hillsborough County, New Hampshire

Source: Ownwell

$713

$7,750

$14,787

Median Goffstown Tax Bill

$7,646

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 Goffstown, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03045	$3,974	$6,051	$7,646	$9,522	$11,265

Source: Ownwell