03603 Property Tax Rate

Property owners in ZIP code 03603 (Charlestown, New Hampshire) pay a median of $4,987/year in property taxes on homes valued at $181,500. This translates to an effective tax rate of 2.75%, which is 58% above the New Hampshire state average of 1.74%.

The monthly property tax burden for a median-valued home in 03603 is approximately $416, which factors into escrow payments on mortgages. This ZIP code is located within Sullivan County. This is $976 less than the New Hampshire average of $5,963/year.

Compared to similar ZIP codes in New Hampshire, 03603 has lower property taxes. ZIP codes with similar effective rates include 03581 (2.72%) and 03431 (2.78%).

In Charlestown, property taxes represent approximately 9.0% of the median household income of $55,266, providing context for the relative tax burden on homeowners in this area.

New Hampshire has no statewide property tax cap and assesses property at full market value; Sullivan County revaluations occur every five years or upon sale, setting your purchase price as the new assessed value. New Hampshire does not offer a homestead exemption, but eligible seniors (65+), disabled residents, and surviving spouses may qualify for the Elderly and Disabled Tax Exemption Program—contact the Sullivan County Assessor's office immediately to determine income thresholds and required documentation. File your exemption application by April 15 and request a Statement of Assessed Value to confirm the Assessor's valuation is accurate.