Hillsborough, Hillsborough County, New Hampshire Property Taxes
Property Taxes in Hillsborough, New Hampshire
Median Hillsborough, New Hampshire effective property tax rate: 3.34%, significantly higher than the national median of 1.02%, and higher than the New Hampshire state median of 1.82%.
Median Hillsborough, New Hampshire home value: $184,400
Median annual Hillsborough, New Hampshire tax bill: $6,126, $3,726 higher than the national median property tax bill of $2,400.
How are property taxes in Hillsborough calculated?
Property taxes in Hillsborough, 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 Hillsborough's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hillsborough, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hillsborough, Hillsborough County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.34%
Estimate Property Tax Bill
$6,159
$5,715
How Does the Hillsborough Property Tax Calculator Work?
Use this Hillsborough property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hillsborough's median effective tax rate of 3.34% — based on actual property records in Hillsborough County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hillsborough's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hillsborough: rates range from 3.34% in 03244 to 3.34% in 03244, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hillsborough.
About Hillsborough Property Taxes
About Property Taxes in Hillsborough, Hillsborough, New Hampshire
Hillsborough's median effective property tax rate of 3.34% is higher than the New Hampshire state median of 1.82% and higher than the national median of 1.02%. This rate reflects the Hillsborough 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 Hillsborough. Homeowners in the 03244 ZIP code carry a median effective rate of 3.34%, while those in the lowest ZIP pay 3.34%. This spread reflects how school district boundaries and local assessment districts are drawn across Hillsborough County. Understanding which part of Hillsborough you live in can make a meaningful difference to your annual tax bill.
Hillsborough homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the September 1, 2026 deadline each year.
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 Hillsborough, Hillsborough 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 Hillsborough's effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.
Property Tax Rates Across Hillsborough, Hillsborough County, New Hampshire
Source: Ownwell
1.36%
2.35%
3.34%
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 Tax Rate
3.34%
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
1.96%
Median Effective New Hampshire Tax Rate
1.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hillsborough, Hillsborough County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03244 | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% |
Source: Ownwell
Property Tax Assessment Values Across Hillsborough, Hillsborough County, New Hampshire
When examining property taxes in Hillsborough, 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 Hillsborough County tax 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 Hillsborough County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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 Hillsborough.
For example, the median home price in Hillsborough is $184,400, with tax bills ranging significantly across the county. 03244 has the highest median home price at $184,400.
Property Tax Assessment Values Across Hillsborough, Hillsborough County, New Hampshire
Source: Ownwell
$165,050
$411,500
$657,950
Median Hillsborough Market Value
$184,400
Median Hillsborough County Market Value
$366,900
Median New Hampshire Market Value
$360,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hillsborough, Hillsborough County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03244 | $98,420 | $141,950 | $184,400 | $230,500 | $289,180 |
Source: Ownwell
Property Tax Bills Across Hillsborough, Hillsborough County, New Hampshire
How are property tax bills calculated in Hillsborough?
Property tax bills in Hillsborough are based on the assessed value of a home and the local tax rate set by the county and other taxing authorities. The bill is determined by multiplying the assessed value by the applicable rate, so a higher assessed value generally leads to a larger tax bill. Local budgets, school funding, and municipal services all influence the final amount homeowners owe.
For Hillsborough homeowners, this means property taxes can vary depending on where the home is located and how it is assessed. With a median home price of $184,400, the tax burden can still be significant, especially when compared with the national median property tax bill of $2,400. In Hillsborough, the tax bill is often much higher than the national norm, which can affect monthly housing costs and overall affordability.
Property Tax Bills Across Hillsborough, Hillsborough County, New Hampshire
Source: Ownwell
$2,983
$7,937
$12,890
Median Hillsborough Tax Bill
$6,126
Median Hillsborough County Tax Bill
$7,162
Median New Hampshire Tax Bill
$6,530
Median United States Tax Bill
$2,400
Property Tax Bills Across Hillsborough, Hillsborough County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03244 | $3,176 | $4,665 | $6,126 | $7,650 | $9,433 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Hillsborough Tax Assessor | |
| Website | www.vgsi.com |