Wilmot, Merrimack County, New Hampshire Property Taxes

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

Median Wilmot, NH effective property tax rate: 2.13%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Wilmot, NH home value: $279,800
Median annual Wilmot, NH tax bill: $6,014, $3,614 higher than the national median property tax bill of $2,400.

How are property taxes in Merrimack calculated?

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

Last Updated March 1, 2025

Wilmot, Merrimack County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.13%

Estimate Property Tax Bill

$5,960

$5,530

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

Property Tax Rates Across Wilmot, Merrimack County, New Hampshire

Local government entities set tax rates, which can vary widely within a state. This variation 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. Below, you can compare Wilmot’s effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.

Wilmot, located in Merrimack County, has a median property tax rate of 2.13%, which is significantly higher than the national median of 1.02%. This means homeowners in Wilmot may face higher property tax bills compared to many other parts of the country. However, this rate is consistent across the zip code 03287, indicating a uniform tax rate within this area. Understanding these rates can help property owners in Wilmot make informed decisions about their property tax appeals and exemptions.

Property Tax Rates Across Wilmot, 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 Wilmot Tax Rate

2.13%

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 Wilmot, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03287	2.13%	2.13%	2.13%	2.13%	2.42%

Source: Ownwell

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

When examining property taxes in Wilmot, 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 March. 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 Wilmot. For example, the median home price in Wilmot is $279,800, with tax bills ranging significantly across the county. The zip code 03287 has the highest median home price at $279,800.

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

Source: Ownwell

$166,400

$284,850

$403,300

Median Wilmot Market Value

$279,800

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 Wilmot, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03287	$160,460	$217,800	$279,800	$366,246	$493,101

Source: Ownwell

Property Tax Bills Across Wilmot, Merrimack County, New Hampshire

In Wilmot, Merrimack County, NH, property tax bills are determined by assessing the market value of a home and applying the local tax rate. Homeowners in this area face a median tax bill of $6,014, significantly higher than the national median of $2,400. This discrepancy can impact homeowners by increasing their annual financial obligations. The tax bill varies based on property value, with some residents paying as much as $10,613 at the 90th percentile, while others pay around $4,668 at the 25th percentile. Several factors influence these tax bills, including the assessed value of the property and local government budgetary needs. For homeowners in Wilmot, this can mean a substantial portion of their income is dedicated to property taxes. Ownwell offers valuable assistance by providing property tax appeal and exemption services, potentially lowering these costs. By reviewing assessments and identifying discrepancies, Ownwell helps homeowners ensure they are not overpaying, offering a chance to save significantly on their property tax bills.

Property Tax Bills Across Wilmot, Merrimack County, New Hampshire

Source: Ownwell

$3,558

$6,561

$9,564

Median Wilmot Tax Bill

$6,014

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 Wilmot, Merrimack County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03287	$3,472	$4,668	$6,014	$7,948	$10,613

Source: Ownwell