Amherst, NH Property Tax Rates
Compare property tax rates across 1 ZIP code in Amherst, New Hampshire.
Avg Tax Rate
2.00%
Avg Annual Tax
$9,842
Avg Home Value
$491,400
ZIP Codes
1
Property Tax Overview: Amherst, NH
Amherst has 1 ZIP code with property tax data. The average effective tax rate across these ZIPs is 2.00%, which is 15% above the New Hampshire average of 1.74%.
For a home at Amherst's median value of $491,400, property taxes add approximately $820/month to housing costs. Amherst home values are above the New Hampshire median of $364,613, meaning the monthly tax impact is correspondingly higher.
ZIP Codes in Amherst, NH
| ZIP Code | Effective Rate | Median Tax | Median Home Value |
|---|---|---|---|
| 03031 | 2.00% | $9,842 | $491,400 |
Amherst vs New Hampshire Average
Effective Tax Rate
15% above state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Amherst, NH?
The average effective property tax rate in Amherst, New Hampshire is 2.00%, based on 1 ZIP code.
How much is property tax in Amherst, NH?
The average median annual property tax in Amherst is $9,842 per year, with a median home value of $491,400.
Which ZIP code in Amherst has the lowest property tax rate?
ZIP code 03031 has the lowest effective tax rate in Amherst at 2.00%, with a median annual tax of $9,842.
How many ZIP codes are in Amherst, NH?
Amherst, New Hampshire has 1 ZIP code with property tax data available.
Which ZIP code in Amherst has the highest property tax rate?
ZIP code 03031 has the highest effective tax rate in Amherst at 2.00%, with a median annual tax of $9,842.
How do Amherst property taxes compare to the New Hampshire average?
Amherst's average effective rate of 2.00% is 15% above the New Hampshire state average of 1.74%.
What factors affect property tax rates between ZIP codes in Amherst?
Property tax rate differences within Amherst are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Amherst Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: New Hampshire reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Amherst, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Other Cities in New Hampshire
Looking for county-level property tax data? View Hillsborough County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.