03842 Property Tax Rate

Property owners in ZIP code 03842 (Hampton, New Hampshire) pay a median of $6,669/year in property taxes on homes valued at $491,600. This translates to an effective tax rate of 1.36%, which is 22% below the New Hampshire state average of 1.74%.

The monthly property tax burden for a median-valued home in 03842 is approximately $556, which factors into escrow payments on mortgages. This ZIP code is located within Rockingham County. This is $706 more than the New Hampshire average of $5,963/year.

Compared to similar ZIP codes in New Hampshire, 03842 has lower property taxes. ZIP codes with similar effective rates include 03215 (1.36%) and 03279 (1.37%).

In Hampton, property taxes represent approximately 7.1% of the median household income of $94,433, 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; Rockingham County revaluations occur every five years unless triggered earlier by sale, so your assessed value will reflect purchase price. New Hampshire offers no general homestead exemption, but the Elderly and Disabled Tax Exemption Program is available for qualifying seniors (65+) and disabled residents—contact the Rockingham County Assessor's office to determine income limits and required documentation. File your exemption application by April 15 of the assessment year and request the county's notice of assessed value to ensure accuracy.