Grantham, Sullivan County, New Hampshire Property Taxes

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

Median Grantham, NH effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, but lower than the New Hampshire state median of 1.91%.
Median Grantham, NH home value: $365,400
Median annual Grantham, NH tax bill: $6,485, $4,085 higher than the national median property tax bill of $2,400.

How are property taxes in Sullivan County calculated?

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

Last Updated March 1, 2025

Grantham, Sullivan County, New Hampshire Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.82%

Estimate Property Tax Bill

$6,650

$6,171

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

Property Tax Rates Across Grantham, Sullivan County, New Hampshire

Local government entities are responsible for setting tax rates, and these can differ significantly within a state. This variation arises because each county annually estimates its budgetary needs to fund services and then divides this by the total value of all taxable property within its area, resulting in the property tax rate. Although votes and legislation play a role in shaping tax rates and budgets, this summarization captures the core of the yearly process.

In Grantham, located in Sullivan County, New Hampshire, the effective property tax rate is 1.82%, which is higher than the national median of 1.02%. This rate is consistent with the highest and lowest median tax rates in the area, both recorded at 1.82% within the zip code 03753. When comparing Grantham's property tax rate to the national median property tax bill of $2,400, it becomes evident that property taxes here are relatively high. Understanding these rates is crucial for property owners considering tax appeals or exemptions, as they directly impact the overall cost of property ownership.

Property Tax Rates Across Grantham, Sullivan County, New Hampshire

Source: Ownwell

1.40%

2.78%

4.17%

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 Grantham Tax Rate

1.82%

Median Effective Sullivan County Tax Rate

2.36%

Median Effective New Hampshire Tax Rate

1.91%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Grantham, Sullivan County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
03753	1.64%	1.64%	1.82%	1.82%	1.82%

Source: Ownwell

Property Tax Assessment Values Across Grantham, Sullivan County, New Hampshire

When examining property taxes in Grantham, 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 Sullivan 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 Sullivan 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 Grantham.

For example, the median home price in Grantham is $365,400, with tax bills ranging significantly across the county. The zip code 03753 has the highest median home price at $365,400.

Property Tax Assessment Values Across Grantham, Sullivan County, New Hampshire

Source: Ownwell

$53,778

$228,739

$403,700

Median Grantham Market Value

$365,400

Median Sullivan County Market Value

$185,800

Median New Hampshire Market Value

$299,765

Median United States Market Value

$235,294

Property Tax Assessment Values Across Grantham, Sullivan County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
03753	$244,000	$294,900	$365,400	$463,912	$586,100

Source: Ownwell

Property Tax Bills Across Grantham, Sullivan County, New Hampshire

In Grantham, located in Sullivan County, NH, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The tax rate is then applied to this assessed value to calculate the annual tax bill. Homeowners in Grantham face a significant tax burden, with a median property tax bill of $6,485, which is considerably higher than the national median of $2,400. This high tax bill can be attributed to the area's property values and tax rates. For instance, homeowners at the 25th percentile pay around $5,233, while those at the 90th percentile pay as much as $10,350. These substantial tax bills can be a financial strain for many residents. Ownwell offers valuable services to help homeowners in Grantham potentially reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in ensuring their property is assessed fairly, potentially leading to significant savings on their annual tax obligations.

Property Tax Bills Across Grantham, Sullivan County, New Hampshire

Source: Ownwell

$1,559

$4,440

$7,320

Median Grantham Tax Bill

$6,485

Median Sullivan County Tax Bill

$4,808

Median New Hampshire Tax Bill

$5,895

Median United States Tax Bill

$2,400

Property Tax Bills Across Grantham, Sullivan County, New Hampshire

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
03753	$4,315	$5,233	$6,485	$8,104	$10,350

Source: Ownwell