Example of Strafford County Property Tax Calculation
Strafford County property taxes are calculated based on the value of the property and the tax rate set by the county government. Here's an example:
Let's say a property in Strafford County has an assessed value of $200,000. The county tax rate for the year is 2.5%. To calculate the property tax, you would multiply the assessed value by the tax rate:
$200,000 x 0.025 = $5,000
Therefore, the property owner would owe $5,000 in county property taxes for the year. It's important to note that this is just an example, and actual property tax calculations may vary based on a variety of factors such as exemptions, assessments, and changes to the tax rate.
If you want appeal your property tax assessment - contact your local tax assessor.
Strafford County Property Tax Rates
Here is the list of Strafford County Property Tax rates as of the current year. The table is formatted with two columns, showing the tax and rate per 100$ of assessed value.
| Tax | Rate per $100 of Assessed Value |
|---|---|
| Barrington | $25.55 |
| Dover | $26.46 |
| Durham | $28.13 |
| Farmington | $27.74 |
| Lee | $28.29 |
| Madbury | $28.05 |
| Middleton | $22.69 |
| Milton | $27.46 |
| New Durham | $24.26 |
| Rochester | $23.73 |
| Rollinsford | $23.08 |
| Somersworth | $28.25 |
| Strafford | $23.00 |
| Wakefield | $20.93 |
| Milton Mills Village | $27.46 |
Please note that these rates are subject to change and may vary based on specific property criteria. It is recommended to consult with a local tax advisor for further information and guidance.
Who sets property tax rates in Strafford County ?
Who sets property tax rates in Strafford County?
The property tax rates in Strafford County are set by the local government. The County Commissioners and the City Councils set the property tax rates annually, usually during budget discussions.
When are property tax rates set in Strafford County?
The property tax rates in Strafford County are set annually, usually during budget discussions. The budgeting process begins in the fall and typically lasts until the spring of the following year. During this time, the County Commissioners and the City Councils review the current budget and determine what changes need to be made to ensure that the county has enough revenue to operate effectively. Once the new budget is approved, the property tax rates are set and property owners are notified of their new tax rate.
It is important to note that property tax rates can vary from town to town within Strafford County. Some towns may have higher rates than others depending on their specific needs and budget requirements. Property owners can check with their local government offices to determine their specific property tax rate.
Homestead exemptions in Strafford County ?
To help taxpayers in Strafford County, New Hampshire, here is a table that lists all the county-specific Homestead exemptions and deductions. The table includes information on exemption eligibility, amount, and notes that can help taxpayers understand and take advantage of these deductions.
Table: Homestead Exemptions and Deductions in Strafford County, New Hampshire
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Elderly or Disabled Exemption | Must be at least 65 years old or disabled | $26,000 | Applies only to principal residence |
| Blind Exemption | Must be legally blind | $15,000 | Applies only to principal residence |
| Solar and Wind Energy Systems Exemption | N/A | 100% of assessed value | Applies only to residential properties |
| Military Service Exemption | Must be an honorably discharged veteran or the spouse of a deceased veteran | $500 | Applies to all properties |
| Alternative Energy System Exemption | N/A | 100% of assessed value | Applies only to residential properties |
| Charitable Exemption | Must be a charitable institution | Varies | Applies to all properties used for charitable purposes |
| Religious Exemption | Must be a religious institution | Varies | Applies to all properties used for religious purposes |
Note: The amounts listed above are for reference only and are subject to change. Taxpayers should consult with their local tax assessor's office for the most up-to-date information.
By taking advantage of these Homestead exemptions and deductions, taxpayers in Strafford County can save money on their property taxes. It is important to remember that each exemption and deduction has its own eligibility requirements and application process, so taxpayers should carefully review the requirements before applying.
When is Strafford County Property Tax due ?
Strafford County Property Tax is typically due twice a year, on July 1st and December 1st. The methods of payment available to taxpayers include online payments, mail-in payments, and in-person payments at the Strafford County Treasurer's Office.
Here is a breakdown of the payment methods:
| Payment Method | Process |
|---|---|
| Online Payments | Taxpayers can pay their property taxes online through the Strafford County website. They will need their tax bill number and credit/debit card information to complete the transaction. |
| Mail-In Payments | Taxpayers can mail in their payments to the Strafford County Treasurer's Office. Payments must be postmarked by the due date to avoid penalties. |
| In-Person Payments | Taxpayers can make payments in person at the Strafford County Treasurer's Office. The office is open Monday through Friday from 8:00 am to 4:00 pm. Payments can be made by cash, check, or credit/debit card. |
It is important for taxpayers to make their property tax payments on time to avoid penalties and interest charges. If a taxpayer is unable to make their payment by the due date, they should contact the Strafford County Treasurer's Office to discuss payment options and avoid any negative consequences.
If you have more questions - contact your local tax collector.
How is Strafford County Property Tax penalty calculated ?
Strafford County Property Tax Penalty Calculation
The penalty for late payment of Strafford County property taxes is calculated as a percentage of the overdue amount. The penalty rate is determined by the New Hampshire Department of Revenue Administration and is subject to change annually.
Here's an example to illustrate how the penalty is calculated:
| Scenario | Amount Due | Due Date | Penalty Rate | Penalty Amount | Total Due |
|---|---|---|---|---|---|
| On-time | $1,000 | April 1 | 0.00% | $0.00 | $1,000.00 |
| Late by 1 month | $1,000 | May 1 | 3.00% | $30.00 | $1,030.00 |
| Late by 2 months | $1,000 | June 1 | 6.00% | $60.00 | $1,060.00 |
| Late by 3 months | $1,000 | July 1 | 9.00% | $90.00 | $1,090.00 |
As you can see from the table, the penalty rate increases as the payment becomes more overdue. It's important to note that interest is also charged on late payments, but it's calculated separately from the penalty.
If a property owner fails to pay their Strafford County property taxes, the county may take legal action to collect the debt. This can result in additional fees and even the loss of the property.
To avoid penalties and potential legal action, property owners should make sure to pay their property taxes on time. If you have any questions or concerns about your Strafford County property taxes, you should contact the county treasurer's office for assistance.
We recommend contacting the Strafford County Tax Office or a local tax professional for the most up-to-date and accurate information.