Derry, Rockingham County, New Hampshire Property Taxes
Property Taxes in Derry, New Hampshire
Median Derry, New Hampshire effective property tax rate: 1.87%, significantly higher than the national median of 1.02%, and higher than the New Hampshire state median of 1.82%.
Median Derry, New Hampshire home value: $437,600
Median annual Derry, New Hampshire tax bill: $8,190, $5,790 higher than the national median property tax bill of $2,400.
How are property taxes in Rockingham calculated?
Property taxes in Derry, 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 Derry's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Derry, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Derry, Rockingham County, New Hampshire Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.87%
Estimate Property Tax Bill
$8,183
$7,594
How Does the Derry Property Tax Calculator Work?
Use this Derry property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Derry's median effective tax rate of 1.87% — based on actual property records in Rockingham County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Derry'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 Derry: rates range from 8190.00 in 03038 to 8190.00 in 03038, 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 Derry.
About Derry Property Taxes
About Property Taxes in Derry, Rockingham, New Hampshire
Derry’s median effective property tax rate of 1.87% is higher than the New Hampshire state median of 1.82% and higher than the national median of 1.02%. This rate reflects the Rockingham 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 Derry. Homeowners in ZIP code 03038 carry a median effective rate of 1.87%, while the lowest ZIP code also pays 1.87%. Understanding how your property is assessed can still make a meaningful difference to your annual tax bill.
Derry homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before September 1, 2026.
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 Derry, Rockingham 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 Derry's effective property tax rate to other cities in New Hampshire and the median property tax rates in New Hampshire and the U.S.
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 Derry Tax Rate
1.87%
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 Rockingham County Tax Rate
1.76%
Median Effective New Hampshire Tax Rate
1.82%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Derry, Rockingham County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03038 | 1.87% | 1.87% | 1.87% | 1.87% | 1.87% |
Source: Ownwell
Property Tax Assessment Values Across Derry, Rockingham County, New Hampshire
When examining property taxes in Derry, 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 Rockingham County assessment process 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 Rockingham County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the season.
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 Derry.
For example, the median home price in Derry is $437,600, with tax bills ranging significantly across the county. Zip code 03038 has the highest median home price at $437,600.
Property Tax Assessment Values Across Derry, Rockingham County, New Hampshire
Source: Ownwell
$279,600
$1,054,050
$1,828,500
Median Derry Market Value
$437,600
Median Rockingham County Market Value
$463,200
Median New Hampshire Market Value
$360,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Derry, Rockingham County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03038 | $204,800 | $331,500 | $437,600 | $529,400 | $641,520 |
Source: Ownwell
Property Tax Bills Across Derry, Rockingham County, New Hampshire
How are property tax bills calculated in Derry?
Property tax bills in Derry are based on the assessed value of a home and the local tax rate set by the city and county. When a property’s market value changes, the assessed value can change too, which affects the final bill. Homeowners with higher-value homes generally pay more, while lower-value homes pay less.
What factors are considered?
The biggest factor is the home’s market value, but the tax rate and any local budget needs also play a role. In Derry, the median home price is $437,600, and property tax bills can vary widely from one homeowner to another. The 25th percentile tax bill is $6,214, while the 75th percentile is $9,895 and the 90th percentile is $12,005.
How does this affect homeowners?
Because Derry property tax bills are well above the national median property tax bill of $2,400, many homeowners face a significant annual expense. Even in the ZIP code with the lowest and highest median tax bill, 03038, the median is $8,190, showing how costly property taxes can be for local homeowners.
Property Tax Bills Across Derry, Rockingham County, New Hampshire
Source: Ownwell
$5,478
$10,657
$15,835
Median Derry Tax Bill
$8,190
Median Rockingham County Tax Bill
$7,771
Median New Hampshire Tax Bill
$6,530
Median United States Tax Bill
$2,400
Property Tax Bills Across Derry, Rockingham County, New Hampshire
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 03038 | $3,945 | $6,214 | $8,190 | $9,895 | $12,005 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 1 |
Links | |
|---|---|
| Rockingham Tax Assessor | |
| Website | www.nhdeeds.org |