03609 Property Tax Rate

Property owners in ZIP code 03609 (North Walpole, New Hampshire) pay a median of $4,074/year in property taxes on homes valued at $188,400. This translates to an effective tax rate of 2.16%, which is 24% above the New Hampshire state average of 1.74%.

The monthly property tax burden for a median-valued home in 03609 is approximately $340, which factors into escrow payments on mortgages. This ZIP code is located within Cheshire County. This is $1,889 less than the New Hampshire average of $5,963/year.

Compared to similar ZIP codes in New Hampshire, 03609 has lower property taxes. ZIP codes with similar effective rates include 03264 (2.16%) and 03458 (2.18%).

In North Walpole, property taxes represent approximately 5.8% of the median household income of $69,943, 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; Cheshire County revaluations occur every five years or at ownership change, locking in your purchase price as assessed value. New Hampshire offers no homestead exemption, but the Elderly and Disabled Tax Exemption Program provides relief for seniors (65+), disabled residents, and surviving spouses below income thresholds—contact the Cheshire County Assessor's office to verify eligibility within 30 days of closing. File your exemption application by April 15 and request the property tax card from the Assessor to ensure all property data and valuation details are correct.