Litchfield, Hillsborough County, New Hampshire Property Taxes

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

Median Litchfield, NH effective property tax rate: 2.09%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%. Median Litchfield, NH home value: $365,300. Median annual Litchfield, NH tax bill: $7,649, $5,249 higher than the national median property tax bill of $2,400.

How are property taxes in Hillsborough calculated?

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

Last Updated March 1, 2025

Litchfield, Hillsborough County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.09%

Estimate Property Tax Bill

$7,635

$7,085

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

Local government entities in New Hampshire set tax rates, which can vary widely within the state. This is because each year, counties estimate their required budget to provide essential services and then divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws do play a role in setting these rates and budgets, this is essentially the annual process.

In Litchfield, located in Hillsborough County, the effective property tax rate stands out when compared to other cities in New Hampshire. The median property tax rate in Litchfield is significantly higher than the national median property tax rate of 1.02%. This means that property owners in Litchfield may find themselves paying more in property taxes than the average homeowner in the U.S. Comparing the effective property tax rate in Litchfield with other areas in New Hampshire and across the nation can provide valuable insights for property owners. Understanding these differences can help property owners make informed decisions about property investments and budget planning.

Property Tax Rates Across Litchfield, 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 Litchfield Tax Rate

2.09%

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 Litchfield, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03052	2.09%	2.09%	2.09%	2.09%	2.09%

Source: Ownwell

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

When examining property taxes in Litchfield, 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 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 Litchfield.

For example, the median home price in Litchfield is $365,300, with tax bills ranging significantly across the county. The zip code 03052 has the highest median home price at $365,300.

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

Source: Ownwell

$132,100

$393,850

$655,600

Median Litchfield Market Value

$365,300

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 Litchfield, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03052	$285,500	$322,600	$365,300	$419,900	$495,740

Source: Ownwell

Property Tax Bills Across Litchfield, Hillsborough County, New Hampshire

In Litchfield, Hillsborough County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The property tax rate is then applied to this assessed value to calculate the tax bill. Factors such as location, property size, and home improvements can influence the assessed value. With a median home price of $365,300, homeowners in Litchfield face property tax bills that can vary significantly. For example, the 25th percentile tax bill is $6,755, while the 75th percentile reaches $8,793, and the 90th percentile hits $10,381. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Litchfield's property tax bills are notably higher, impacting homeowners' financial planning. Ownwell can assist homeowners by identifying potential savings through appealing assessed values and ensuring eligibility for exemptions. By leveraging expertise in property tax laws and local market trends, Ownwell helps reduce tax burdens, potentially saving homeowners substantial amounts on their property tax bills.

Property Tax Bills Across Litchfield, Hillsborough County, New Hampshire

Source: Ownwell

$713

$7,750

$14,787

Median Litchfield Tax Bill

$7,649

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 Litchfield, Hillsborough County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03052	$5,978	$6,755	$7,649	$8,793	$10,381

Source: Ownwell