Bedford, Merrimack County, New Hampshire Property Taxes

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

Median Bedford, NH effective property tax rate: 2.41%, 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: $10,000
Median annual Bedford, NH tax bill: $241, $2,159 lower than the national median property tax bill of $2,400.

How are property taxes in Merrimack 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, Merrimack County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.41%

Estimate Property Tax Bill

$241

$224

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

Property Tax Rates Across Bedford, Merrimack County, New Hampshire

Local government entities determine property tax rates, leading to significant variability within New Hampshire. Each year, counties like Hillsborough estimate their budgetary needs for public services and divide this by the total assessed value of all taxable properties within their borders. This calculation results in the property tax rate. While the process involves votes and legislation, this is the essence of how annual rates are established.

Comparing Bedford's effective property tax rate with other cities in New Hampshire reveals interesting insights. The median property tax rate in New Hampshire is significantly higher than the national median of 1.02%. This difference underscores the importance of understanding local tax dynamics. Property owners in Bedford and similar areas may find themselves paying more than the national median property tax bill of $2,400, which can impact financial planning and property investment decisions. Understanding these local nuances is crucial for property owners aiming to manage their tax liabilities effectively.

Property Tax Rates Across Bedford, Merrimack County, New Hampshire

Source: Ownwell

1.14%

2.18%

3.23%

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

2.41%

Median Effective Merrimack County Tax Rate

2.44%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bedford, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03110	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bedford, Merrimack 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 Merrimack 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 Merrimack 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 Bedford.

For example, the median home price in Bedford is $10,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bedford, Merrimack County, New Hampshire

Source: Ownwell

$166,400

$284,850

$403,300

Median Bedford Market Value

$10,000

Median Merrimack County Market Value

$264,400

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Bedford, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03110	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bedford, Merrimack County, New Hampshire

In Bedford, NH, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. With a median home price of $10,000, Bedford homeowners face tax bills that are significantly lower than the national median property tax bill of $2,400. However, the tax bill remains consistent across different percentiles, with the 25th, 75th, and 90th percentiles all at $241. This uniformity suggests a stable tax environment but may not reflect individual property value fluctuations or unique homeowner circumstances. Homeowners are often unaware of potential savings through appeals or exemptions. That's where Ownwell comes in. By leveraging expert knowledge in property tax laws and local market conditions, Ownwell helps homeowners navigate the complexities of property tax appeals, ensuring they pay only their fair share and potentially saving them money on their annual tax bill.

Property Tax Bills Across Bedford, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Bedford Tax Bill

$241

Median Merrimack County Tax Bill

$6,194

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Bedford, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03110	N/A	N/A	N/A	N/A	N/A

Source: Ownwell