“...to raise new ideas and improve policy debates through quality information and analysis on issues shaping New Hampshire’s future.” One Eagle Square Suite 510 Concord, NH 03301-4903 (603) 226-2500 Fax: (603) 226-3676 www.nhpolicy.org Board of Directors Donna Sytek, Chair John B. Andrews John D. Crosier, Sr. William H. Dunlap Sheila T. Francoeur Chuck Morse Todd I. Selig Stuart V. Smith, Jr. James E. Tibbetts Brian F. Walsh Kimon S. Zachos Martin L. Gross, Chair Emeritus Executive Director Stephen A. Norton snorton@nhpolicy.org Deputy Director Dennis C. Delay ddelay@nhpolicy.org The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Research Associate Ryan J. Tappin rjtappin@nhpolicy.org Office Manager Cathleen K. Arredondo carredondo@nhpolicy.org Executive Director Emeritus Douglas E. Hall doughall@nhpolicy.org June 2008 Authors Ryan J. Tappin Research Associate Stephen A. Norton Executive Director About this paper This report is an update and expansion of a report published by the NH Center for Public Policy Studies on the topic of property tax exemptions in 2004, “Shifting the Load.” Support for this work came from unrestricted funds given by generous private donors. This paper, like all of the Center’s published work, is in the public domain and may be reproduced without permission. Indeed, the Center welcomes the efforts of individuals and groups to expand the paper’s circulation. Copies are also available at no charge on the Center’s web site: www.nhpolicy.org Contact the Center at info@nhpolicy.org; or call 603-226-2500. Write to: NHCPPS, 1 Eagle Square, Suite 510, Concord NH 03301 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Table of Contents Executive Summary ........................................................................................................................ 1 Property Tax Relief Programs in NH.............................................................................................. 3 Property Tax Relief Programs for Special Populations .................................................................. 4 Veterans Credits.............................................................................................................................. 4 Elderly Exemptions......................................................................................................................... 6 Exemptions for Blind, Deaf, and Disabled Homeowners............................................................... 8 Low and Moderate Income Homeowner’s Relief........................................................................... 9 Discussion ..................................................................................................................................... 11 Appendix....................................................................................................................................... 12 How Exemptions and Credits Reduce a Tax Bill ..................................................................... 12 Low and Moderate Income Homeowner’s Refund................................................................... 13 Mapping Elderly Exemptions ................................................................................................... 14 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Executive Summary Across the country, state and local governments use tax policy to further a variety of other policy purposes. New Hampshire is no different, using tax exemptions and credits to encourage business development, support policy goals regarding the use of certain energy sources, or to assist state-identified vulnerable or otherwise meritorious populations. By statute, the state allows, or in some cases mandates, that towns offer homeowners in certain populations a reduction in assessed property value or a credit against their property tax bills. For example, the state mandates that the elderly of certain wealth be provided tax exemptions and that Veterans of war receive a credit against their property tax bills. The state also gives towns the option of providing exemptions to the blind and other disabled homeowners. Unlike many states, where state funds are used to offset these programs, in New Hampshire the cost of these programs is borne by towns and municipalities. Therefore, providing property tax relief to vulnerable populations raises the property tax burdens for others, a phenomenon the Center labeled “cost-shifting” in its 2004 analysis of property tax exemptions for the elderly. This paper further explores the State’s property tax relief programs for vulnerable populations – the elderly, the disabled, and homeowners of modest incomes. It provides context for understanding the scope and implications of these programs and a resource to local communities. Major Findings In total, property tax relief programs for vulnerable populations represent a relatively small share of the total statewide property tax burden. In 2006 the exemptions were valued at almost $50 million statewide, representing 1.8% of the statewide total net property tax commitment. Overall, the tax commitment shifted to other taxpayers amounted to approximately $85 per year.1 Among programs for vulnerable populations, elderly exemptions accounted for 41% of the total value of property tax relief programs in the state. Veterans’ tax credits accounted for almost half of the value of the property tax relief in the state. Interestingly enough, given the increasing focus on the development of “green” industries and energy development, relatively few towns take advantage of the state option to encourage solar, wood-heating or wind-powered energy sources through the offer of property tax exemptions. These exemptions could become an important policy tool in towns’ management of energy and global climate change. Only Veterans’ credits have kept pace with changes in assessed property values. Between 2000 and 2006, the overall value of elderly exemptions grew by 9% per year, Veterans tax credit grew by 20%, and exemptions for the blind and disabled at 4%. During the same time period, statewide property values increased by 13%. On average, 1 This figure is based on 2005 exemption values and represents the median across all towns. 1 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire the value of the property tax relief eroded for all populations except Veterans. The Veterans’ credit kept pace with increases in the value of property due to a significant change in state legislation allowing an increase in the value of that credit in 2004. Despite concerns that the aging of the population would increase the cost of exemption programs for the elderly, the data suggest that the number of elderly exemptions granted and the number of new applications have declined despite more generous eligibility criteria and benefit levels. Moreover, the exemptions are primarily limited to lowerincome elderly with relatively limited assets. In 2006, the median income limit for an elderly property tax exemption was $20,000 for a single homeowner and $28,000 for a married couple, which represents incomes that are just above 200% of the federal poverty level. 2 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property Tax Relief Programs in NH The state has developed a variety of property tax relief programs mandating that towns offer exemptions or credits to property owners of certain vulnerable populations, such as the elderly, and to Veterans. In addition to specific programs for tax relief to special populations, the state uses exemptions to pursue other policy goals. The current use exemptions and exemptions for the use of alternative energy sources provide an example of communities’ economic development activities. Table 1 shows the various property tax relief programs that towns can offer and the percent of all towns that granted that type of exemption in 2006. Table 1: Property Tax Relief Programs Granted by New Hampshire Towns Percent of all incorporated towns granting exemption/deductions in 2006 Type of exemption/deduction Elderly exemptions Mandated base elderly exemption Optional elderly increase in exemption value 96% Mandated base Veteran credits Optional veteran credit increase Service related total disability - full exemption Persons with disabilities exemptions Blind persons Disabled persons Improvements to assist the disabled Deaf persons Improvements to assist the deaf Low and moderate income refund Current use exemption 100% 94% Veterans credits Water/air pollution controls exemptions Energy system exemptions 92% 19% 69% 30% 15% > 1% > 1% 99% 100% 5% Solar powered Wood heating Wind powered 20% 6% > 1% School residential buildings exemptions 11% There are also exemptions available for charity organizations and private land used for public aviation purposes, but no data were available for this report. Five property tax relief programs are the most common, across all towns, with the vast majority of towns offering property tax relief for the elderly, Veterans, persons with disabilities, homeowners of low to moderate incomes, and homeowners with open space within their property, called current use. There are other exemptions that towns may grant to encourage the development of environmentally friendly energy or pollution control systems, but these are far less common. 3 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property Tax Relief Programs for Special Populations Figure 1 shows the value of these property tax relief programs for the special populations highlighted in this report. Almost 90% of the property tax relief programs are accounted for by property tax credits for Veterans and property tax exemptions for lower income elderly in the state. Figure 12 Total Value of Property Tax Relief Programs, 2006 Blind/Deaf/Disabled $2,595,719 5% Low Income $3,271,493 7% Elderly $20,297,061 41% Veterans $23,757,891 47% Total value of property tax relief programs -- $49,922,165 or 1.8% of the total tax commitment. Total tax commitment in 2006 $2,630,455,983. The following sections describe each of the property tax relief programs for special populations – the elderly, the disabled, war Veterans, and low income homeowners - in turn; what the program is, how its use has changed over the past few years, and what the value of each exemption is, in aggregate, across the state. The final section discusses the implications of these policies as the demographics of the state shift in the future. Veterans Credits New Hampshire homeowners who are Veterans of the armed services during a war or armed conflict or are a surviving spouse of a Veteran with a service-related death are entitled to a credit off their property tax bill. The state establishes minimum and maximum property tax credit amounts. In 2006, the minimum for this base credit was $50 and the maximum was $500. Also, Veterans with a service-connected disability is eligible for an additional credit. Furthermore, a Veteran who is totally and permanently disabled is completely exempt from all property taxation. 2 Permanently disabled veterans may be completely exempt from paying any property taxes. Forty-five towns granted 60 of these exemptions in 2006, for a credit of $5,102 per homeowner on average. The total value of these credits shifts approximately $300,000 from the local property tax burden. 4 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 5 As shown in Table 2 below, all Veterans credits totaled almost $23.5 million in 2006 shifting less than one percent of the state’s total tax commitment to other taxpayers across the state. The amount of the tax commitment shifted to other taxpayers was approximately $49 per year to non-exempt taxpayers.3 Table 2: Summary of Veterans Credits Veterans Credits Year Average Reduction in Tax Bill Total Tax Expenditure Statewide Tax Expenditure as Percent of All Property Tax 2000 61,917 $131 $8,105,377 0.47% 2001 60,865 $132 $8,013,053 0.42% 2002 59,390 $136 $8,088,954 0.40% 2003 58,262 $140 $8,128,706 0.37% 2004 58,362 $275 $16,025,093 0.69% 2005 58,158 $359 $20,868,363 0.85% 2006 58,534 $401 $23,451,759 0.89% -1% 20% 19% 11% Annual Change 2000-2006 Despite a decrease in the total number of credits given, the total taxes reduced from Veterans’ tax bills statewide doubled, increasing by slightly more than $15 million between 2000 and 2006. Since 2000, the total number of base Veterans’ credits has decreased from 61,917 in 2000 to 58,534 in 2006 – a decrease of five percent. Since 2000, the total value of the tax credit for Veterans has more than doubled from $131 on average per recipient to $401.4 This increase in the value of credits was driven by state and local policy actions. In 2000, the base credit was $50 with the option of offering a $100 credit. This changed in 2004, when the state increased the ceiling to $500. The ceiling for credits for serviceconnected disability was also raised from $1,400 to $2,000. Many towns took advantage of this policy change, raising their credit amounts. As a result, the average credit amount increased, along with the total value of the Veterans’ credits. The impact of the policy changes in 2004 was that the benefit of the property tax relief program for Veterans has kept pace with changes in property values. From 2000 through 2003, property values statewide increased by 38 percent while the credit benefits for Veterans remained constant. The benefit was eroding in terms of the impact the credit would have on a Veteran’s tax bill. However, towns and municipalities’ increase in their credit amounts in 2004 had the impact of increasing the value of the credit to 20% per 3 This figure is based on 2005 exemption values and represents the median across all towns. Permanently disabled veterans may be completely exempt from paying any property taxes. Forty-five towns granted 60 of these exemptions in 2006, for a credit of $5,102 per homeowner on average. The total value of these credits shifts approximately $300,000 from the local property tax burden. 4 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire year and, overall, keeping pace with the growth in assessed property values, which grew at 13% over the same time period. Elderly Exemptions State law requires every town to grant a property tax exemption to qualifying seniors. The statute—RSA 72:39—sets a floor for those exemptions, at $5,000, and allows towns to adopt more generous exemptions. Towns must offer a statutory minimum for three age groups, 65-74, 75-79, and 80 years and older. An example of how this exemption is calculated can be found in the appendix. The law also sets minimum eligibility criteria, based on the homeowner’s income and assets. However, towns may adopt more expansive criteria to allow more affluent homeowners to qualify for the exemption. In general, as the age of the homeowner increases, the exemption value also increases. In 2006, the median exemption values were $25,000, $30,000, and $50,000 for aged 65-74, 75-79, and 80 years and older, respectively.5 As shown in Table 3, the average reduction in a participant’s tax bill increased by approximately 9% per year. In 2006, the amount of the tax commitment shifted to other taxpayers was approximately $29 per year to non-exempt taxpayers.6 From 2000 to 2006, the assessed value of residential property grew at a rate of 13% per year. The benefit of the program, therefore, measured as the average exemption amount per recipient, has not kept pace with growth in property values. A map showing which towns increased their exemption amounts at a pace greater than or equal to the growth in property values is included in the appendix. 5 An example: in 2006, the town of Holderness (where exemption values fall at the state medians) offered elderly homeowners aged 75-79 a $30,000 exemption. If a homeowner in this age bracket owned a property with an assessed value of $150,000, the exemption value would be subtracted from that value, which brings the taxable assessed value down to $120,000. This would represent a tax reduction of $357 from the pre-exempted assessed value (at the 2006 tax rate of $11.90 per $1000 of assessed value). This calculation is the exemption value times the tax rate. 6 This figure is based on 2005 exemption values and represents the median across all towns. 6 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 7 Table 3: Summary of Elderly Exemptions Statewide Elderly Exemptions Year Average Reduction in Tax Bill Total Tax Expenditure Statewide Tax Expenditure as Percent of All Property Tax 2000 11,306 $1,043 $11,790,112 0.68% 2001 11,256 $1,175 $13,228,659 0.70% 2002 11,215 $1,259 $14,119,392 0.70% 2003 11,663 $1,379 $16,085,368 0.74% 2004 11,906 $1,523 $18,135,378 0.78% 2005 11,882 $1,596 $18,964,536 0.80% 2006 11,753 $1,727 $20,297,061 0.77% 1% 9% 9% 2% Annual Change 2000-2006 Although the number of elderly homeowners granted a property tax exemption increased between 2000 and 2006, the number of participants has not kept pace with growth in the elderly population. Between 2000 and 2006, the estimated number of elderly persons grew at a rate of only 1.4% per year. In contrast, the number of elderly exemptions grew at a slower rate of 0.6% per year. Therefore, on a per capita basis exemptions actually declined as shown in Figure 2 below. Figure 2 Total Eldely Exemptions Granted per 1000 Persons, 2000-2006 Number of Exemptions per 1000 persons 120 100 80 60 40 20 65-74 80+ 75-79 Total 0 2000 2001 2002 2003 2004 2005 2006 Among the two oldest age brackets, the number of elderly exemptions granted per capita remained relatively flat from 2000 through 2006, echoing the general rate of growth compared to the populations. Among the youngest age bracket, the number of elderly The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire exemptions per capita remained flat with population growth through the peak in new exemptions in 2004. However, in 2005 there was a drop in the number of elderly exemption per capita among those aged 65 to 74. Despite significant increases in income and asset limits, the number of participants has remained relatively constant. By 2006, 82 percent of towns had increased their income and/or asset ceilings allowing more elderly homeowners to qualify. On average, the median income limit for elderly property tax exemptions increased by approximately 11% for single individuals and by 20% for married individuals. See Table 4 below. Table 4: Median Income and Asset Limits for Elderly Exemptions in 2000 and 2006 Income limits Year Single 2000 2006 Married Asset limits Single Married $18,000 $25,000 $35,000 $35,000 $20,000 $30,000 $50,000 $50,000 The driver behind increases in the total value of tax exemptions has been municipal increases in exemption allowances. Overall, 166 towns – 69 percent – had increased the exemption value in at least one age bracket since 2000. In contrast, only 4 towns decreased exemption values during that period. Exemptions for Blind, Deaf, and Disabled Homeowners Homeowners who are legally blind are eligible for an exemption in their assessed property value. Also, deaf or disabled homeowners and improvements to property that assist a deaf or disabled person may be exempt from the total assessed value, if the town has adopted these optional programs. As with all exemptions, towns may increase the exemption allowances or raise the limits for incomes and assets.7 Of the towns that granted blind exemptions in 2006, 19% of them offered an exemption higher than the $15,000 minimum. Raising the exemption limits is reflected by the increase in the average tax credit over time, as displayed in Table 5. 7 Blind exemptions are granted without income or asset limits. All other exemptions for the deaf or disabled follow the same income and asset limits as the elderly exemptions. 8 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 9 Table 5: Summary of blind and deaf exemptions Number of Exemptions Year Average Reduction in Tax Bill Total Tax Expenditure Statewide Tax Expenditure as Percent of All Property Tax 2000 959 $622 $596,678 0.03% 2001 956 $649 $620,474 0.03% 2002 927 $673 $623,427 0.03% 2003 900 $673 $605,498 0.03% 2004 940 $658 $618,873 0.03% 2005 894 $687 $614,394 0.02% 2006 904 $790 $714,451 0.03% -1% 4% 3% 0% Annual Change 2000-2006 The overall number of blind and deaf exemptions has decreased by six percent. However, the overall tax expenditure increased three percent per year – due to municipal increases of the exemption allowance. In addition to the blind and deaf exemptions, other exemptions to the disabled8 totaled $1,843,742 and exemptions for home improvements to assist the deaf or disabled was $37,526. In total, the statewide total cost of these exemptions was $2.6 million in 2006, less than one-tenth of one percent of the total tax commitment. Low and Moderate Income Homeowner’s Relief On a sliding scale, families earning less than $40,000 or a single person earning less than $20,000 can qualify for a refund of the statewide education property tax - up to the full amount. An example of how this refund is calculated is provided in the appendix. A summary of the total of these refunds is shown below in Table 6. Table 6: Summary of Low and Moderate Income Homeowner's Tax Relief Refunds Number of Refunds Year Total Tax Expenditure Statewide Tax Expenditure as Percent of All Property Tax 2002 23,666 $327 $7,745,321 0.38% 2003 27,208 $275 $7,481,642 0.34% 2004 25,059 $197 $4,932,612 0.21% 2005 22,377 $173 $3,877,477 0.16% 2006 19,569 $167 $3,271,493 0.12% -5% -15% -19% -25% Annual Change 2000-2006 8 Average Reduction in Tax Bill Specific data on the number of disabled exemptions granted were not available for this report. The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire The number of refunds has decreased 17% to 19,569 since 2002, and the average refund amount dropped 49% from $327 to $167. Consequently, the tax shift attributable to these refunds has also declined, by more than half. In general, the decrease in the average refund can be attributed to a steady decrease in the tax rate for the statewide property tax for education over the past few years. The average statewide property tax rate for education was $6.03 per $100,000 of assessed property in 2002. By 2005, the average tax rate declined 61% to $2.33 meaning that, despite increased property values, the amount of property tax eligible for a refund has declined substantially, and the amount of refund has declined in turn. 10 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Discussion Property tax relief programs are intended to provide financial relief to populations deemed vulnerable by the state and local communities. In addition to providing property tax relief, these programs shift tax burdens from certain populations onto the remainder of the local tax base because unlike many states, New Hampshire property tax relief programs are funded entirely by the local communities. This can be a contentious policy issue. Changing demographics – for example, the aging of the population – can increase the costs of this tax benefit and, thereby, increase the tax shifted to other populations. The data demonstrate that in total, property tax relief programs for vulnerable populations represent a relatively small share of the total statewide property tax burden. In 2006 the exemptions were valued at almost $50 million statewide, representing 1.8% of the total net property tax commitment of the state. Overall, the percent of the tax commitment shifted was approximately $85 per year to non-exempt taxpayers.9 While the Center previously studied elderly tax exemptions, this study addresses property tax exemptions for vulnerable or otherwise meritorious populations as a whole. It illustrates that Veterans’ credits, not elderly tax exemptions, are the largest single source of property tax shifting and have shown the largest increase in property tax value. Veterans’ credits accounted for almost half of the value of the exemptions while elderly tax exemptions accounted for approximately 41%. Among the various property tax relief programs, only the Veterans’ program has kept pace with changes in assessed property values over this time period. Between 2000 and 2006, the overall value of elderly exemptions grew by 9% per year, Veterans’ credits grew by 20%, and exemptions for the blind and disabled at 4%. During the same time period, statewide property values increased by 13%. Veterans’ credits kept pace with increases in the value of property due to a significant change in state legislation increasing the value of that credit in 2004. The erosion of the benefit for the elderly and the disabled has occurred because property values were increasing and towns did not index the value of the benefit to the growth of property values or to some other inflation index. The Center’s previous report on property tax exemptions for the elderly raised concerns whether this policy would attract seniors to the state - reducing the availability of housing for younger workers, accelerating the ‘graying’ of New Hampshire, and increasing the property tax burden to other homeowners. The data suggest, however, that contrary to previous concerns, the use of these programs is declining on a per capita basis. 9 This figure is based on 2005 exemption values and represents the median across all towns. 11 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Appendix How Exemptions and Credits Reduce a Tax Bill Table A-1 shows how a homeowner’s tax bill can be reduced by the different exemptions and credits. The following example uses a 75 year old war Veteran homeowner living in Manchester.10 Table A-1: Manchester homeowner - war Veteran, 75 years, 2005 Assessed Home Value Elderly Exemption Taxable Assessed Value Tax Rate (per $1000 assessed value) Gross Tax Bill Veteran Credit Net Tax Bill Tax Bill w/o Exemptions* Total Reduction $224,000 -$95,000 $129,000 $28.36 $3,658 -$200 $3,458 $6,353 $2,894 *assessed home value times the tax rate. The average home value in Manchester was $224,000 in 2005. Being 75 with income and assets below eligibility requirements, this homeowner is eligible for an elderly exemption, or $95,000, the exemption allotment for the 75-79 year age group in Manchester. This property tax exemption is subtracted from the assessed value; therefore, the assessed value to which the tax rate is applied is $129,000. Multiplying the taxable assessed value by the tax rate gives a gross tax bill of $3,658. Since this homeowner was also a veteran in a time of war, Manchester offers an additional deduction of $200 off their tax bill. The final tax bill for this homeowner is $3,458. With the assessment value exemption and the tax credit, this homeowner’s bill was reduced $2,894 over a similarly valued home without any deductions. 10 Manchester was chosen as the example simply because it is the state’s largest municipality. 12 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Low and Moderate Income Homeowner’s Refund Table A-2 presents an example of how a Low and Moderate Income Homeowner’s refund is calculated. Table A-2: Manchester - married homeowners making $32,000, 2005 Taxable Assessed Value $224,000 Maximum Assessed Value for Refund* $190,114 Tax Rate Gross Tax Bill $28.36 $6,352.64 Statewide Property Tax Rate for Education $4.35 Statewide Property Tax Portion for Refund $827 Low Income Refund @ 40% -$331 Net Tax Bill $6,021.84 * number is based on $100,000 multiplied by the town’s equalization ratio for 2005. A married couple in Manchester with an income of $32,000 is eligible for a refund of their statewide education property tax portion of their property tax bill. Their house is valued at $224,000. However, the maximum assessed value that can be considered is capped at $190,114, calculated by multiplying $100,000 by Manchester’s equalization ratio for 2005. Multiplying the maximum allotted assessed value by the statewide education property tax rate gives the total portion of this homeowner’s tax bill that may be refunded, which is $827. Since these homeowners make $32,000, they are entitled to a refund equal to 40% of the total refundable portion of the statewide education property tax, or $331 in this example. 13 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Mapping Elderly Exemptions 14 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 15 Table A - 3: Summary of Elderly Exemptions Granted by Town, 2006 Town Total New Applications Number of Exemptions Granted by Age Group 65-74 75-79 80+ Total Exemptions Granted Total Exemption Amount Average Tax Reduction Total Taxes Shifted ACWORTH 0 5 3 4 12 $162,500 $204 $2,451 ALBANY 0 2 4 1 7 $193,400 $285 $1,996 ALEXANDRIA 1 4 3 2 9 $215,000 $453 $4,081 ALLENSTOWN 7 21 12 20 53 $890,000 $372 $19,714 ALSTEAD 8 2 8 3 13 $270,000 $430 $5,584 ALTON 3 8 12 13 33 $2,009,300 $591 $19,490 AMHERST 6 40 30 32 102 $12,304,500 $2,272 $231,694 ANDOVER 1 2 1 5 8 $330,000 $550 $4,396 ANTRIM 0 10 3 9 22 $985,000 $938 $20,626 ASHLAND 1 6 10 12 28 $1,049,083 $1,008 $28,231 ATKINSON 9 21 11 20 52 $7,750,000 $2,057 $106,950 AUBURN 1 15 8 25 48 $5,793,700 $1,605 $77,056 BARNSTEAD 4 13 15 13 41 $1,217,500 $482 $19,760 BARRINGTON 6 36 20 29 85 $8,493,190 $1,659 $140,987 BARTLETT 1 7 7 7 21 $420,000 $132 $2,772 BATH 2 1 0 1 2 $10,000 $64 $127 BEDFORD 0 33 34 51 118 $5,167,000 $716 $84,429 BELMONT 4 30 21 38 89 $4,733,976 $1,366 $121,616 BENNINGTON 1 10 7 8 25 $1,197,500 $1,005 $25,136 BENTON 0 0 1 0 1 $10,000 $136 $136 BERLIN 10 33 29 65 127 $3,769,100 $868 $110,208 BETHLEHEM 2 4 8 14 26 $877,100 $698 $18,156 BOSCAWEN 0 13 9 18 40 $974,900 $441 $17,646 BOW 7 21 29 26 76 $8,288,800 $3,053 $232,004 BRADFORD 2 4 4 5 13 $190,000 $213 $2,766 BRENTWOOD 0 2 6 2 10 $750,000 $1,554 $15,540 BRIDGEWATER 0 0 2 5 7 $155,000 $165 $1,153 BRISTOL 0 4 4 5 13 $215,000 $240 $3,115 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications 16 Number of Exemptions Granted by Age Group 65-74 75-79 BROOKFIELD 0 1 BROOKLINE 0 6 CAMPTON 0 10 CANAAN 1 9 CANDIA 2 CANTERBURY CARROLL 80+ 1 Total Exemptions Granted Total Exemption Amount Average Tax Reduction Total Taxes Shifted 2 4 $195,000 $669 $2,675 2 3 11 $1,026,100 $2,405 $26,453 9 22 41 $3,520,700 $1,524 $62,492 5 15 29 $610,000 $397 $11,523 19 20 29 68 $3,784,900 $1,054 $71,686 2 4 7 4 15 $225,000 $248 $3,717 0 4 4 4 12 $360,000 $530 $6,358 CENTER HARBOR 0 1 0 0 1 $5,000 $65 $65 CHARLESTOWN 4 12 7 14 33 $921,500 $655 $21,609 CHATHAM 0 0 0 0 0 $0 $0 $0 CHESTER 6 39 14 20 73 $9,637,100 $2,405 $175,588 CHESTERFIELD 0 8 13 15 36 $1,725,000 $1,019 $36,691 CHICHESTER 0 6 8 6 20 $1,012,600 $1,191 $23,826 CLAREMONT 12 28 33 64 125 $5,716,350 $1,444 $180,522 CLARKSVILLE 0 1 0 0 1 $15,000 $323 $323 COLEBROOK 15 15 0 0 15 $75,000 $116 $1,737 COLUMBIA 0 1 3 4 8 $135,000 $244 $1,953 CONCORD 40 105 77 142 324 $34,594,394 $2,052 $664,904 CONWAY 3 23 18 39 80 $4,435,300 $859 $68,703 CORNISH 0 9 5 9 23 $1,380,000 $911 $20,948 CROYDON 0 5 4 4 13 $250,000 $288 $3,743 DALTON 0 4 7 4 15 $203,800 $333 $4,995 DANBURY 0 5 8 5 18 $655,000 $618 $11,115 DANVILLE 2 15 13 12 40 $4,116,500 $2,015 $80,601 $44,174 DEERFIELD 10 9 4 10 23 $2,519,900 $1,921 DEERING 19 25 12 20 57 $3,025,500 $1,014 $57,817 DERRY 0 65 51 60 176 $19,315,232 $2,432 $428,026 DIXVILLE 0 0 0 0 0 $0 $0 $0 DORCHESTER 0 0 1 0 1 $18,000 $429 $429 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications 17 Number of Exemptions Granted by Age Group 65-74 75-79 80+ Total Exemptions Granted Total Exemption Amount Average Tax Reduction Total Taxes Shifted DOVER 48 92 77 113 282 $40,320,000 $2,677 $754,790 DUBLIN 0 2 0 4 6 $100,000 $315 $1,887 DUMMER 1 5 1 3 9 $215,000 $507 $4,567 DUNBARTON 0 3 1 3 7 $654,200 $1,538 $10,768 DURHAM 0 1 3 9 13 $1,376,000 $2,887 $37,537 EAST KINGSTON 0 0 1 1 2 $30,400 $308 $616 EASTON 0 0 0 1 1 $20,000 $193 $193 EATON 0 0 0 0 0 $0 $0 $0 EFFINGHAM 1 5 2 2 9 $165,000 $259 $2,335 ELLSWORTH 0 0 0 0 0 $0 $0 $0 ENFIELD 3 7 9 21 37 $2,573,200 $1,557 $57,614 EPPING 5 15 18 19 52 $3,045,400 $1,092 $56,797 EPSOM 3 10 6 6 22 $1,157,000 $784 $17,251 ERROL 0 0 0 0 0 $0 $0 $0 EXETER 16 112 65 98 275 $30,260,600 $2,119 $582,819 FARMINGTON 0 25 30 30 85 $6,070,750 $1,218 $103,506 FITZWILLIAM 0 5 8 13 26 $1,050,200 $945 $24,564 FRANCESTOWN 0 2 1 3 6 $380,000 $1,445 $8,668 FRANCONIA 0 0 0 4 4 $80,000 $254 $1,017 FRANKLIN 11 18 24 42 84 $5,769,900 $1,298 $109,051 FREEDOM 1 2 5 11 18 $699,000 $384 $6,920 FREMONT 3 5 2 9 16 $1,200,000 $1,520 $24,324 GILFORD 8 22 31 55 108 $5,719,500 $838 $90,540 GILMANTON 1 10 8 15 33 $2,657,900 $1,552 $51,218 GILSUM 1 2 4 4 10 $420,000 $922 $9,219 13 13 18 24 55 $1,825,000 $819 $45,041 GORHAM 3 7 17 29 53 $2,054,200 $1,186 $62,879 GOSHEN 0 0 0 2 2 $80,000 $769 $1,537 GRAFTON 0 4 2 6 12 $190,000 $246 $2,953 GOFFSTOWN The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications 18 Number of Exemptions Granted by Age Group 65-74 75-79 80+ 8 Total Exemption Amount $370,000 Average Tax Reduction $602 Total Taxes Shifted GRANTHAM 3 1 1 GREENFIELD 2 4 4 1 9 $300,000 $649 $5,841 GREENLAND 3 5 4 10 19 $2,025,000 $1,759 $33,413 GREENVILLE 0 7 8 3 18 $500,000 $388 $6,990 GROTON 0 4 0 4 8 $40,000 $82 $658 HAMPSTEAD 6 Total Exemptions Granted $4,817 0 41 35 42 118 $14,987,500 $2,301 $271,574 15 63 39 53 155 $16,678,600 $2,078 $322,064 HAMPTON FALLS 2 4 8 9 21 $2,935,000 $2,739 $57,526 HANCOCK 0 2 2 2 6 $210,000 $582 $3,494 HANOVER 0 4 3 13 20 $2,235,000 $1,923 $38,464 HARRISVILLE 0 0 0 5 5 $125,000 $316 $1,581 $7,123 HAMPTON HAVERHILL 18 10 7 17 34 $433,300 $210 HEBRON 0 0 0 0 0 $0 $0 $0 HENNIKER 7 5 7 9 21 $3,659,000 $4,347 $91,292 HILL 1 2 3 3 8 $250,000 $562 $4,495 HILLSBOROUGH 2 6 5 18 29 $1,193,400 $805 $23,331 HINSDALE 0 6 8 14 28 $971,000 $1,107 $31,004 HOLDERNESS 0 2 3 3 8 $216,100 $322 $2,572 HOLLIS 3 17 13 21 51 $4,974,800 $2,228 $113,624 HOOKSETT 30 118 86 115 319 $25,512,400 $1,814 $578,621 HOPKINTON 3 20 15 28 63 $3,766,300 $1,258 $79,281 HUDSON 25 79 55 81 215 $25,455,400 $2,039 $438,342 JACKSON 1 0 2 5 7 $310,000 $385 $2,697 JAFFREY 0 7 9 16 32 $1,669,270 $1,147 $36,707 JEFFERSON 0 3 0 4 7 $110,000 $239 $1,671 10 22 36 81 139 $4,779,000 $878 $122,056 KENSINGTON 2 7 3 6 16 $2,825,000 $3,023 $48,364 KINGSTON 4 5 7 16 28 $2,600,000 $1,883 $52,728 LACONIA 5 26 28 66 120 $8,730,000 $1,128 $135,402 KEENE The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications 19 Number of Exemptions Granted by Age Group 65-74 75-79 80+ Total Exemptions Granted Total Exemption Amount $560 Total Taxes Shifted LANCASTER 2 13 6 9 28 LANDAFF 0 0 1 1 2 $10,000 $85 $169 LANGDON 0 3 0 5 8 $575,000 $1,456 $11,650 LEBANON 9 33 31 71 135 $13,938,900 $2,145 $289,511 LEE 1 6 4 14 24 $772,300 $751 $18,025 LEMPSTER 1 3 3 5 11 $692,000 $979 $10,768 LINCOLN 1 13 15 32 60 $4,766,284 $636 $38,130 LISBON 2 10 5 6 21 $650,000 $800 $16,809 LITCHFIELD 4 16 9 8 33 $2,261,800 $1,047 $34,560 LITTLETON 0 34 13 40 87 $2,593,333 $572 $49,766 LONDONDERRY 9 65 57 58 180 $19,195,500 $1,949 $350,894 LOUDON 1 4 3 5 12 $318,200 $452 $5,425 LYMAN 1 2 1 1 4 $110,000 $502 $2,009 LYME 0 8 5 10 23 $3,648,500 $2,835 $65,199 LYNDEBOROUGH 1 2 0 2 4 $120,000 $570 $2,280 MADBURY 3 8 5 7 20 $1,469,900 $1,361 $27,223 MADISON 2 6 3 8 17 $547,000 $385 $6,537 $3,665,183 MANCHESTER $642,160 Average Tax Reduction $15,688 43 275 290 620 1185 $217,518,250 $3,093 MARLBOROUGH 0 1 3 8 12 $197,500 $288 $3,460 MARLOW 0 0 1 2 3 $170,000 $1,076 $3,228 MASON 0 0 2 1 3 $50,000 $285 $856 MEREDITH 3 7 11 17 35 $2,063,300 $633 $22,160 MERRIMACK 50 149 73 98 320 $29,821,300 $1,627 $520,680 MIDDLETON 2 4 6 5 15 $305,000 $331 $4,972 MILAN 2 6 8 22 36 $1,240,000 $527 $18,972 MILFORD 2 11 9 20 40 $2,491,500 $1,103 $44,100 MILTON 3 26 10 25 61 $3,490,600 $1,041 $63,529 MONROE 0 0 0 0 0 $0 $0 $0 MONT VERNON 0 4 0 4 8 $461,530 $1,302 $10,417 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications Number of Exemptions Granted by Age Group 65-74 MOULTONBOROUGH 20 75-79 80+ Total Exemptions Granted Total Exemption Amount Average Tax Reduction Total Taxes Shifted 3 12 5 14 31 $2,341,200 $507 $15,709 NASHUA 63 306 269 389 964 $161,891,950 $2,889 $2,784,542 NELSON 0 2 4 1 7 $287,500 $555 $3,884 NEW BOSTON 0 3 3 7 13 $838,300 $987 $12,826 NEW CASTLE 0 4 0 1 5 $550,000 $494 $2,470 NEW DURHAM 3 10 8 5 23 $1,420,000 $1,041 $23,941 NEW HAMPTON 0 6 1 9 16 $1,200,825 $1,425 $22,804 NEW IPSWICH 2 13 2 17 32 $2,439,000 $1,109 $35,487 NEW LONDON 7 6 5 7 18 $950,000 $680 $12,246 NEWBURY 0 4 2 2 8 $330,000 $498 $3,983 NEWFIELDS 3 5 5 3 13 $2,463,000 $4,475 $58,176 NEWINGTON 2 6 8 6 20 $5,178,000 $2,348 $46,964 NEWMARKET 11 15 23 32 70 $6,811,100 $1,994 $139,559 NEWPORT 2 8 15 21 44 $1,015,300 $898 $39,526 NEWTON 0 6 4 10 20 $1,205,400 $1,069 $21,384 NORTH HAMPTON 3 38 19 32 89 $11,454,900 $1,986 $176,749 NORTHFIELD 4 16 11 24 51 $3,419,200 $1,289 $65,717 NORTHUMBERLAND 0 11 9 7 27 $267,500 $255 $6,885 NORTHWOOD 4 22 8 15 45 $3,101,300 $1,162 $52,288 NOTTINGHAM 4 13 5 11 29 $3,673,325 $1,828 $53,006 ORANGE 0 0 0 4 4 $200,000 $1,060 $4,238 ORFORD 0 1 0 1 2 $40,000 $348 $695 OSSIPEE 6 20 15 23 58 $3,438,200 $737 $42,771 PELHAM 0 9 41 0 50 $11,990,700 $3,355 $167,750 PEMBROKE 1 5 1 8 14 $1,240,000 $2,100 $29,400 PETERBOROUGH 4 19 11 17 47 $4,652,100 $2,054 $96,531 PIERMONT 2 6 5 7 18 $260,000 $233 $4,199 PITTSBURG 0 1 3 4 8 $120,000 $223 $1,782 PITTSFIELD 5 15 11 15 41 $912,510 $503 $20,623 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications 21 Number of Exemptions Granted by Age Group 65-74 75-79 80+ Total Exemptions Granted Total Exemption Amount Average Tax Reduction Total Taxes Shifted PLAINFIELD 1 7 4 9 20 $1,521,700 $1,864 $37,282 PLAISTOW 4 18 18 32 68 $10,725,330 $2,918 $198,419 PLYMOUTH 4 7 13 11 31 $811,000 $610 $18,896 10 38 43 75 156 $26,456,000 $2,666 $415,888 RANDOLPH 0 1 0 2 3 $50,000 $267 $800 RAYMOND 5 65 25 29 119 $6,015,000 $974 $115,909 RICHMOND 0 3 5 6 14 $225,000 $321 $4,493 RINDGE 11 14 25 23 62 $6,540,815 $1,974 $122,379 ROCHESTER PORTSMOUTH 71 168 111 143 422 $27,971,500 $1,216 $512,997 ROLLINSFORD 1 10 7 20 37 $2,916,500 $1,141 $42,231 ROXBURY 0 1 1 2 4 $105,000 $472 $1,889 RUMNEY 1 2 4 8 14 $270,000 $263 $3,677 RYE 2 42 26 61 129 $11,842,500 $795 $102,556 19 87 59 134 280 $23,045,600 $1,039 $290,835 SALISBURY 0 2 5 12 19 $670,000 $747 $14,184 SANBORNTON 3 2 4 10 16 $490,000 $528 $8,448 SANDOWN 0 18 10 13 41 $2,885,000 $1,730 $70,913 SALEM SANDWICH 3 2 3 8 13 $465,000 $339 $4,408 SEABROOK 21 57 53 76 186 $24,390,000 $1,635 $304,143 SHARON 0 0 0 1 1 $40,000 $600 $600 SHELBURNE 0 3 1 1 5 $80,000 $223 $1,114 SOMERSWORTH 7 11 12 21 44 $1,499,900 $728 $32,023 SOUTH HAMPTON 0 2 4 4 10 $1,640,000 $2,089 $20,894 SPRINGFIELD 3 11 4 8 23 $653,300 $364 $8,375 STARK 0 1 2 3 6 $100,000 $300 $1,802 STEWARTSTOWN 0 7 7 5 19 $137,500 $162 $3,072 STODDARD 0 2 1 1 4 $95,000 $210 $841 STRAFFORD 0 8 3 2 13 $435,300 $574 $7,465 STRATFORD 0 4 6 3 13 $261,100 $366 $4,760 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications 22 Number of Exemptions Granted by Age Group 65-74 75-79 80+ Total Exemptions Granted Total Exemption Amount $3,220,000 Average Tax Reduction $1,531 Total Taxes Shifted STRATHAM 7 16 7 17 40 $61,244 SUGAR HILL 1 2 0 3 5 $80,000 $235 $1,176 SULLIVAN 0 3 4 0 7 $464,100 $1,642 $11,491 SUNAPEE 0 4 4 8 16 $960,000 $700 $11,194 SURRY 0 0 0 0 0 $0 $0 $0 SUTTON 3 2 3 3 8 $430,000 $867 $6,936 SWANZEY 2 11 21 23 55 $1,377,200 $592 $32,543 TAMWORTH 8 9 10 11 30 $758,200 $481 $14,436 TEMPLE 0 0 0 1 1 $25,000 $476 $476 THORNTON 1 8 10 14 32 $1,340,000 $638 $20,422 TILTON 4 15 19 24 58 $4,551,100 $1,368 $79,371 TROY 1 0 3 4 7 $234,000 $881 $6,168 TUFTONBORO 0 4 1 6 11 $408,600 $262 $2,885 UNITY 6 6 2 4 12 $182,000 $180 $2,157 WAKEFIELD 2 11 11 22 44 $2,882,000 $667 $29,339 WALPOLE 0 6 4 10 20 $626,400 $612 $12,246 WARNER 5 13 9 7 29 $1,945,590 $1,348 $39,087 WARREN 1 1 1 7 9 $165,000 $306 $2,754 WASHINGTON 1 2 1 3 6 $190,000 $457 $2,744 WATERVILLE VALLEY 0 0 0 0 0 $0 $0 $0 WEARE 3 16 10 17 43 $4,079,555 $1,523 $65,477 WEBSTER 0 0 3 10 13 $1,100,000 $1,435 $18,656 WENTWORTH WENTWORTH LOCATION 0 3 1 3 7 $85,000 $224 $1,571 0 0 0 0 0 $0 $0 $0 WESTMORELAND 0 1 2 3 6 $100,000 $215 $1,289 WHITEFIELD 1 9 17 18 44 $1,150,000 $521 $22,920 WILMOT 0 4 1 2 7 $160,000 $378 $2,648 WILTON 1 2 5 10 17 $430,000 $406 $6,906 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Total New Applications Number of Exemptions Granted by Age Group 65-74 WINCHESTER 23 75-79 80+ Total Exemptions Granted Total Exemption Amount Average Tax Reduction Total Taxes Shifted 1 17 12 33 62 $2,213,900 $848 $52,602 WINDHAM 11 35 19 23 77 $14,188,600 $2,829 $217,795 WINDSOR 0 0 1 0 1 $5,000 $85 $85 WOLFEBORO 5 12 20 21 53 $3,239,700 $725 $38,423 WOODSTOCK STATE TOTALS (OR MEDIANS) 6 13 4 8 25 $1,327,020 $702 $17,556 953 3,722 3,079 4,952 11,753 $1,147,940,922 $709 $20,297,061 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 24 Table A-4: Elderly Exemption Amounts, Income, and Asset Limits by Town, 2006 Town Amount of Exemption by Age Group 65-74 ACWORTH 75-79 80+ Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner $7,500 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 ALBANY $25,000 $30,000 $35,000 $15,400 $25,400 $35,000 $35,000 ALEXANDRIA $15,000 $25,000 $40,000 $18,000 $25,000 $50,000 $50,000 ALLENSTOWN $10,000 $15,000 $25,000 $30,000 $42,000 $85,000 $85,000 ALSTEAD $10,000 $20,000 $30,000 $17,500 $24,000 $40,000 $40,000 ALTON $40,000 $60,000 $80,000 $25,000 $44,000 $50,000 $50,000 AMHERST $88,000 $132,000 $176,000 $36,760 $52,000 $150,000 $150,000 ANDOVER $20,000 $40,000 $50,000 $20,800 $30,300 $50,000 $50,000 ANTRIM $25,000 $50,000 $65,000 $25,000 $36,000 $75,000 $75,000 ASHLAND $30,000 $40,000 $50,000 $20,000 $30,000 $60,000 $60,000 ATKINSON $100,000 $150,000 $200,000 $29,700 $38,500 $100,000 $100,000 AUBURN $90,000 $110,000 $150,000 $25,000 $40,000 $40,000 $40,000 BARNSTEAD $25,000 $30,000 $35,000 $20,000 $30,000 $75,000 $75,000 BARRINGTON $85,000 $127,500 $161,500 $30,000 $50,000 $75,000 $75,000 BARTLETT $10,000 $20,000 $30,000 $20,000 $30,000 $125,000 $125,000 $5,000 $5,000 $5,000 $13,400 $20,400 $35,000 $35,000 BEDFORD $35,000 $40,000 $52,000 $35,000 $55,000 $150,000 $150,000 BELMONT $50,000 $65,000 $80,000 $21,500 $29,500 $75,000 $75,000 BENNINGTON $25,000 $50,000 $75,000 $23,500 $35,500 $75,000 $75,000 BENTON $5,000 $10,000 $15,000 $13,400 $20,400 $35,000 $35,000 BERLIN $14,000 $21,000 $42,000 $15,900 $23,400 $35,000 $35,000 BETHLEHEM $20,000 $30,000 $40,000 $22,000 $35,000 $75,000 $75,000 BOSCAWEN $15,800 $23,700 $31,600 $25,000 $35,000 $50,000 $50,000 BOW $90,000 $110,000 $130,000 $33,800 $43,900 $200,000 $200,000 BRADFORD $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 BRENTWOOD $62,500 $75,000 $87,500 $22,000 $33,000 $55,000 $55,000 BATH The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 25 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner BRIDGEWATER $10,000 $15,000 $25,000 $20,000 $25,500 $30,000 $30,000 BRISTOL $15,000 $20,000 $25,000 $20,000 $40,000 $35,000 $35,000 BROOKFIELD $30,000 $45,000 $60,000 $25,000 $30,000 $50,000 $50,000 BROOKLINE $70,000 $105,000 $140,000 $30,000 $40,000 $75,000 $75,000 CAMPTON $40,000 $60,000 $200,000 $13,400 $24,000 $35,000 $35,000 CANAAN $15,000 $20,000 $25,000 $19,000 $27,000 $50,000 $50,000 CANDIA $35,000 $55,000 $70,000 $15,000 $25,000 $35,000 $35,000 CANTERBURY $10,000 $15,000 $20,000 $25,000 $50,000 $300,000 $300,000 CARROLL $20,000 $30,000 $40,000 $18,500 $26,500 $35,000 $35,000 $5,000 $10,000 $15,000 $18,400 $26,400 $35,000 $35,000 $20,000 $30,000 $40,000 $18,000 $25,000 $50,000 $50,000 CENTER HARBOR CHARLESTOWN CHATHAM $35,000 $35,000 $35,000 $13,400 $20,400 $35,000 $35,000 CHESTER $110,000 $140,000 $170,000 $30,000 $60,000 $300,000 $300,000 CHESTERFIELD $30,000 $45,000 $60,000 $25,000 $30,000 $60,000 $60,000 CHICHESTER $40,000 $55,000 $70,000 $25,000 $35,000 $100,000 $100,000 CLAREMONT $19,250 $38,500 $77,000 $19,600 $26,600 $50,000 $50,000 CLARKSVILLE $15,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 COLEBROOK $5,000 $5,000 $5,000 $13,400 $20,400 $35,000 $35,000 COLUMBIA $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 CONCORD $72,818 $118,420 $202,124 $23,000 $32,500 $79,000 $79,000 CONWAY $37,500 $60,000 $75,000 $19,000 $25,000 $50,000 $50,000 CORNISH $45,000 $60,000 $75,000 $22,000 $30,000 $40,000 $40,000 CROYDON $10,000 $20,000 $30,000 $26,800 $40,800 $70,000 $70,000 DALTON $10,000 $15,000 $20,000 $15,000 $25,000 $45,000 $45,000 DANBURY $25,000 $35,000 $50,000 $25,000 $35,000 $100,000 $50,000 DANVILLE $88,000 $126,000 $155,000 $32,000 $40,000 $70,000 $70,000 DEERFIELD $70,000 $110,000 $154,000 $36,800 $52,800 $100,000 $35,000 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 26 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner DEERING $45,000 $60,000 $75,000 $46,900 $53,600 $250,000 $250,000 DERRY $82,300 $122,200 $163,300 $25,500 $32,400 $100,000 $100,000 DIXVILLE $5,000 $5,000 $5,000 $13,400 $24,000 $35,000 $35,000 $13,000 $18,000 $23,000 $15,000 $20,000 $35,000 $35,000 DOVER $100,000 $140,000 $180,000 $33,000 $46,000 $99,000 $99,000 DUBLIN $10,000 $15,000 $20,000 $18,400 $26,400 $35,000 $35,000 DUMMER $20,000 $25,000 $30,000 $18,500 $26,500 $50,000 $50,000 DUNBARTON $70,650 $86,350 $157,000 $20,000 $30,000 $50,000 $50,000 DURHAM $32,000 $64,000 $128,000 $20,700 $30,300 $100,000 $100,000 EAST KINGSTON $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 $5,000 $10,000 $20,000 $13,400 $20,400 $35,000 $35,000 DORCHESTER EASTON EATON $5,000 $10,000 $20,000 $13,400 $20,400 $35,000 $35,000 EFFINGHAM $15,000 $20,000 $25,000 $18,000 $27,000 $35,000 $52,500 ELLSWORTH $5,000 $10,000 $20,000 $13,400 $20,400 $35,000 $35,000 ENFIELD $46,000 $69,000 $92,000 $20,000 $28,000 $70,000 $70,000 EPPING $50,000 $65,000 $75,000 $19,000 $29,000 $50,000 $50,000 EPSOM $30,000 $60,000 $120,000 $18,400 $26,400 $35,000 $35,000 ERROL $5,000 $10,000 $20,000 $13,400 $20,400 $35,000 $35,000 EXETER $145,000 $175,000 $225,000 $38,500 $49,500 $185,000 $185,000 FARMINGTON $50,000 $70,000 $100,000 $30,000 $50,000 $75,000 $75,000 FITZWILLIAM $15,000 $30,000 $60,000 $25,000 $35,000 $60,000 $60,000 FRANCESTOWN $40,000 $60,000 $80,000 $13,400 $20,400 $50,000 $50,000 FRANCONIA $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 FRANKLIN $25,600 $64,100 $109,900 $21,700 $29,600 $74,300 $74,300 FREEDOM $12,000 $25,000 $50,000 $19,000 $25,000 $50,000 $50,000 FREMONT $50,000 $70,000 $90,000 $25,000 $35,000 $45,000 $45,000 GILFORD $45,000 $60,000 $75,000 $25,000 $35,000 $90,000 $90,000 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 27 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner GILMANTON $60,000 $80,000 $100,000 $20,000 $30,000 $75,000 $75,000 GILSUM $30,000 $40,000 $50,000 $18,000 $24,000 $60,000 $60,000 GOFFSTOWN $25,000 $30,000 $40,000 $18,500 $24,000 $35,000 $35,000 GORHAM $25,000 $50,000 $100,000 $18,400 $26,400 $50,000 $50,000 GOSHEN $20,000 $30,000 $40,000 $14,000 $21,000 $50,000 $50,000 GRAFTON $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 GRANTHAM $30,000 $40,000 $50,000 $22,000 $31,000 $65,000 $65,000 GREENFIELD $20,000 $40,000 $60,000 $13,400 $20,400 $35,000 $35,000 GREENLAND $75,000 $100,000 $125,000 $30,000 $45,000 $125,000 $125,000 GREENVILLE $20,000 $30,000 $40,000 $18,000 $25,000 $50,000 $50,000 $5,000 $5,000 $5,000 $13,400 $20,400 $35,000 $35,000 $125,000 $150,000 $200,000 $32,500 $40,000 $100,000 $100,000 $82,000 $115,000 $147,000 $30,000 $50,000 $95,000 $145,000 $115,000 $135,000 $155,000 $37,000 $57,000 $185,000 $185,000 HANCOCK $35,000 $35,000 $35,000 $15,000 $20,400 $35,000 $35,000 HANOVER $65,000 $95,000 $130,000 $27,190 $37,850 $65,000 $65,000 HARRISVILLE $15,000 $20,000 $25,000 $20,000 $27,000 $50,000 $50,000 $5,000 $10,000 $20,000 $16,000 $32,000 $35,000 $35,000 GROTON HAMPSTEAD HAMPTON HAMPTON FALLS HAVERHILL HEBRON $5,000 $5,000 $5,000 $13,400 $20,400 $30,000 $30,000 $130,000 $150,000 $350,000 $40,000 $55,000 $75,000 $75,000 HILL $20,000 $30,000 $40,000 $18,400 $26,000 $35,000 $35,000 HILLSBOROUGH $25,000 $40,000 $50,000 $18,400 $26,400 $35,000 $35,000 HINSDALE $14,000 $27,000 $56,000 $15,800 $24,000 $35,000 $35,000 HOLDERNESS $25,000 $30,000 $50,000 $20,000 $25,000 $30,000 $30,000 $100,000 HENNIKER HOLLIS $125,000 $150,000 $175,000 $30,000 $40,000 $100,000 HOOKSETT $62,500 $87,500 $112,500 $35,000 $50,000 EXEMPT EXEMPT HOPKINTON $60,000 $60,000 $60,000 $30,000 $40,000 $150,000 $150,000 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 28 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner HUDSON $95,000 $115,000 $145,000 $30,000 $40,000 $125,000 $125,000 JACKSON $20,000 $30,000 $50,000 $20,000 $30,000 $65,000 $65,000 JAFFREY $40,000 $60,000 $75,000 $18,000 $25,000 $50,000 $50,000 JEFFERSON $10,000 $15,000 $20,000 $15,400 $23,000 $35,000 $35,000 KEENE $27,000 $34,000 $40,800 $18,400 $26,400 $50,000 $71,500 KENSINGTON $155,000 $180,000 $200,000 $42,000 $49,500 $200,000 $200,000 KINGSTON $65,000 $85,000 $105,000 $17,500 $27,400 $55,000 $55,000 LACONIA $50,000 $65,000 $85,000 $23,000 $31,000 $60,000 $60,000 LANCASTER $35,000 $20,000 $25,000 $30,000 $18,400 $26,400 $35,000 LANDAFF $5,000 $5,000 $5,000 $13,400 $20,400 $35,000 $35,000 LANGDON $25,000 $50,000 $100,000 $13,400 $20,400 $35,000 $35,000 LEBANON $45,000 $80,000 $170,000 $36,800 $36,800 $100,000 $125,000 LEE $20,000 $30,000 $40,000 $18,400 $26,400 $100,000 $100,000 LEMPSTER $40,000 $60,000 $80,000 $15,400 $22,400 $70,000 $50,000 LINCOLN $50,000 $75,000 $100,000 $25,000 $40,000 $150,000 $150,000 LISBON $20,000 $30,000 $50,000 $25,000 $30,000 $45,000 $50,000 LITCHFIELD $50,000 $80,000 $125,000 $30,000 $45,000 $300,000 $300,000 LITTLETON $20,000 $30,000 $40,000 $30,000 $40,000 $75,000 $75,000 LONDONDERRY $92,400 $115,500 $154,000 $32,500 $40,000 $115,000 $115,000 $7,500 $20,000 $50,000 $20,000 $30,000 $50,000 $50,000 $20,000 $30,000 $40,000 $15,000 $28,000 $35,000 $35,000 $150,000 LOUDON LYMAN LYME $135,000 $190,000 $240,000 $30,000 $40,000 $150,000 LYNDEBOROUGH $20,000 $30,000 $40,000 $13,400 $20,400 $35,000 $35,000 MADBURY $60,000 $80,000 $100,000 $35,000 $45,000 $180,000 $180,000 MADISON MANCHESTER MARLBOROUGH $12,000 $25,000 $50,000 $20,000 $35,000 $125,000 $125,000 $133,700 $181,450 $238,750 $24,400 $34,400 $75,000 $75,000 $7,500 $10,000 $20,000 $16,750 $25,500 $55,000 $55,000 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 29 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner MARLOW $30,000 $50,000 $60,000 $15,500 $23,500 $40,000 $40,000 MASON $10,000 $15,000 $20,000 $18,400 $26,400 $35,000 $35,000 MEREDITH $40,000 $55,000 $75,000 $20,000 $25,000 $75,000 $60,000 MERRIMACK $75,000 $100,000 $125,000 $45,000 $60,000 $200,000 $200,000 MIDDLETON $15,000 $20,000 $25,000 $21,000 $33,000 $50,000 $50,000 MILAN $20,000 $30,000 $40,000 $18,400 $26,400 $50,000 $50,000 MILFORD $40,000 $60,000 $80,000 $23,700 $37,000 $70,000 $70,000 MILTON $42,500 $64,000 $85,000 $13,400 $24,000 $35,000 $35,000 MONROE $5,000 $5,000 $5,000 $20,000 $25,000 $50,000 $50,000 MONT VERNON $40,000 $60,000 $80,000 $13,400 $20,400 $35,000 $35,000 MOULTONBOROUGH $50,000 $75,000 $100,000 $19,950 $28,350 $36,750 $36,750 NASHUA $155,000 $180,000 $225,000 $25,000 $35,000 $100,000 $100,000 NELSON $28,750 $43,125 $57,500 $36,000 $36,000 $100,000 $100,000 NEW BOSTON $40,000 $55,000 $80,000 $20,400 $30,400 $35,500 $35,500 NEW CASTLE $100,000 $150,000 $150,000 $21,000 $30,000 $66,000 $66,000 NEW DURHAM $45,000 $65,000 $90,000 $25,000 $50,000 $75,000 $75,000 NEW HAMPTON $35,000 $45,000 $125,000 $26,000 $35,000 $60,000 $60,000 NEW IPSWICH $50,000 $75,000 $100,000 $30,000 $40,000 $75,000 $75,000 NEW LONDON $35,000 $50,000 $70,000 $22,500 $30,500 $50,000 $50,000 NEWBURY $30,000 $45,000 $60,000 $26,800 $40,800 $150,000 $150,000 NEWFIELDS $200,000 $200,000 $200,000 $15,000 $22,900 $50,000 $50,000 NEWINGTON $200,000 $300,000 $300,000 $36,000 $48,000 $150,000 $150,000 NEWMARKET $80,000 $100,000 $120,000 $40,000 $60,000 $500,000 $500,000 NEWPORT $16,000 $24,000 $32,000 $24,627 $28,068 $50,000 $50,000 NEWTON NORTH HAMPTON NORTHFIELD $45,000 $65,000 $85,000 $19,000 $24,000 $35,000 $35,000 $120,000 $160,000 $200,000 $19,000 $28,000 $55,000 $55,000 $50,000 $60,000 $90,000 $40,000 $55,000 $175,000 $175,000 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 30 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner NORTHUMBERLAND $10,000 $10,000 $10,000 $28,500 $38,500 $50,000 $50,000 NORTHWOOD $50,000 $75,000 $100,000 $13,400 $20,400 $35,000 $35,000 NOTTINGHAM $98,700 $138,125 $179,600 $35,000 $40,000 $50,000 $50,000 ORANGE $25,000 $33,000 $50,000 $15,000 $25,000 $60,000 $60,000 ORFORD $15,000 $20,000 $25,000 $25,000 $37,500 $40,000 $40,000 OSSIPEE $40,000 $60,000 $80,000 $25,000 $32,000 $60,000 $60,000 PELHAM $25,000 EXEMPT EXEMPT $19,000 $28,000 $60,000 $60,000 PEMBROKE $35,000 $65,000 $125,000 $18,400 $26,400 $35,000 $35,000 PETERBOROUGH $80,000 $120,000 $160,000 $28,000 $45,000 $100,000 $100,000 PIERMONT $7,500 $15,000 $20,000 $20,000 $27,000 $40,000 $40,000 PITTSBURG $15,000 $15,000 $15,000 $13,400 $20,400 $35,000 $35,000 PITTSFIELD $10,000 $20,000 $40,000 $20,250 $29,000 $38,500 $38,500 PLAINFIELD $50,000 $72,000 $110,000 $23,500 $30,000 $65,000 $65,000 PLAISTOW $110,000 $150,000 $190,000 $35,000 $50,000 $80,000 $80,000 PLYMOUTH $20,000 $25,000 $35,000 $25,000 $30,000 $35,000 $35,000 PORTSMOUTH $125,000 $175,000 $225,000 $30,000 $37,000 $100,000 $100,000 RANDOLPH $10,000 $15,000 $20,000 $15,900 $23,400 $35,000 $35,000 RAYMOND $50,000 $55,000 $65,000 $27,000 $37,000 $70,000 $70,000 RICHMOND $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 $100,000 $140,000 $200,000 $25,000 $35,000 $150,000 $50,000 ROCHESTER $48,000 $84,000 $108,000 $24,200 $37,500 $50,000 $50,000 ROLLINSFORD $50,000 $75,000 $100,000 $32,000 $36,000 $100,000 $100,000 ROXBURY $20,000 $25,000 $30,000 $18,400 $26,400 $50,000 $35,000 RUMNEY $13,000 $17,000 $22,000 $17,000 $22,000 $35,000 $35,000 RYE $75,000 $90,000 $105,000 $40,000 $59,900 $199,000 $199,000 SALEM $60,000 $90,000 $120,000 $30,000 $40,000 $60,000 $60,000 SALISBURY $20,000 $30,000 $40,000 $25,000 $30,000 $75,000 $75,000 RINDGE The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 75-79 80+ 31 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner SANBORNTON $20,000 $25,000 $35,000 $20,000 $30,000 $50,000 $50,000 SANDOWN $60,000 $70,000 $85,000 $30,000 $45,000 $60,000 $60,000 SANDWICH $15,000 $25,000 $45,000 $20,000 $30,000 $50,000 $50,000 SEABROOK $105,000 $125,000 $155,000 $35,750 $35,750 $137,500 $125,000 SHARON $20,000 $30,000 $40,000 $28,000 $45,000 $100,000 $35,000 SHELBURNE $10,000 $20,000 $30,000 $18,400 $26,400 $50,000 $50,000 SOMERSWORTH $30,000 $35,000 $40,000 $16,650 $26,000 $35,000 $35,000 $120,000 $150,000 $200,000 $50,000 $60,000 $150,000 $150,000 SPRINGFIELD $20,000 $30,000 $40,000 $20,000 $30,000 $50,000 $50,000 STARK $10,000 $15,000 $20,000 $13,400 $20,400 $35,000 $35,000 $5,000 $7,500 $10,000 $13,400 $20,400 $50,000 $50,000 STODDARD $20,000 $25,000 $30,000 $13,400 $20,400 $50,000 $50,000 STRAFFORD $30,000 $40,000 $50,000 $20,000 $30,000 $75,000 $35,000 STRATFORD $10,000 $20,000 $40,000 $17,400 $22,400 $35,000 $35,000 STRATHAM $60,000 $80,000 $100,000 $36,000 $60,000 $75,000 $75,000 SUGAR HILL $10,000 $15,000 $20,000 $13,400 $24,000 $35,000 $35,000 SULLIVAN $60,000 $75,000 $85,000 $13,400 $20,400 $35,000 $35,000 SUNAPEE $35,000 $55,000 $75,000 $20,000 $30,000 $50,000 $75,000 SOUTH HAMPTON STEWARTSTOWN SURRY $5,000 $5,000 $5,000 $20,000 $30,000 $50,000 $50,000 SUTTON $20,000 $30,000 $100,000 $13,400 $20,400 $35,000 $35,000 SWANZEY $20,000 $25,000 $30,000 $23,000 $33,000 $50,000 $50,000 TAMWORTH $20,000 $25,000 $30,000 $18,400 $26,400 $35,000 $35,000 TEMPLE $25,000 $25,000 $25,000 $25,000 $50,000 $80,000 $60,000 THORNTON $30,000 $40,000 $50,000 $25,000 $40,000 $50,000 $75,000 TILTON $50,000 $80,000 $125,000 $24,000 $32,000 $70,000 $70,000 TROY $12,000 $25,000 $50,000 $13,400 $20,400 $40,000 $40,000 TUFTONBORO $20,000 $40,000 $60,000 $24,000 $36,000 $52,500 $52,500 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Amount of Exemption by Age Group 65-74 UNITY 75-79 80+ 32 Income and Asset Limits for all Age Groups Income Single Homeowner Income Married Homeowner Asset Single Homeowner Asset Married Homeowner $7,000 $14,000 $28,000 $18,400 $26,400 $35,000 $35,000 WAKEFIELD $46,000 $62,000 $77,000 $20,000 $25,000 $150,000 $40,000 WALPOLE $20,000 $30,000 $40,000 $17,500 $24,000 $50,000 $50,000 WARNER $50,000 $75,000 $100,000 $30,000 $45,000 $85,000 $85,000 WARREN $10,000 $15,000 $20,000 $18,400 $26,400 $35,000 $35,000 WASHINGTON $20,000 $30,000 $40,000 $18,400 $26,400 $35,000 $35,000 WATERVILLE VALLEY $20,000 $30,000 $40,000 $13,400 $20,400 $35,000 $35,000 WEARE $35,000 $45,000 $250,000 $30,000 $40,000 $75,000 $75,000 WEBSTER $62,500 $75,000 $87,500 $23,400 $32,400 $70,000 $70,000 WENTWORTH $5,000 $10,000 $20,000 $13,400 $20,400 $35,000 $35,000 WENTWORTH LOCATION $5,000 $5,000 $5,000 $13,400 $24,000 $35,000 $35,000 WESTMORELAND $10,000 $15,000 $20,000 $18,400 $26,400 $35,000 $35,000 WHITEFIELD $10,000 $20,000 $40,000 $18,400 $26,400 $50,000 $50,000 WILMOT $15,000 $20,000 $40,000 $18,400 $26,400 $35,000 $35,000 WILTON $15,000 $20,000 $30,000 $20,000 $40,000 $50,000 $50,000 WINCHESTER $10,000 $20,000 $60,000 $15,000 $25,000 $35,000 $35,000 WINDHAM $125,000 $150,000 EXEMPT $40,000 $50,000 $150,000 $150,000 WINDSOR $5,000 $5,000 $5,000 $13,400 $20,400 $35,000 $35,000 WOLFEBORO $40,000 $60,000 $80,000 $22,000 $30,000 $75,000 $75,000 WOODSTOCK $40,000 $60,000 $80,000 $30,000 $40,000 $75,000 $50,000 STATE MEDIANS $25,000 $40,000 $50,000 $20,000 $28,000 $50,000 $50,000 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 33 Table A – 5: Property and Tax Values, Veterans Credits, Disabled Exemptions, and Low Income Refunds by Town, 2006 Property/Tax Values Town Total Property Tax Value Tax Rate per $1000 Assessed Value Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted ACWORTH $101,879,354 $15.08 $1,529,727 45 $3,550 $15,000 $226 53 $166 $8,774 ALBANY $103,169,306 $10.32 $1,037,550 39 $25,500 $0 $0 22 $166 $3,647 ALEXANDRIA $188,725,460 $18.98 $3,523,190 93 $26,900 $0 $0 55 $162 $8,898 ALLENSTOWN $295,181,899 $22.15 $6,392,468 223 $129,500 $45,000 $997 81 $169 $13,698 ALSTEAD $164,856,510 $20.68 $3,395,327 99 $10,350 $45,000 $931 49 $154 $7,537 ALTON $1,591,665,388 $9.70 $15,226,182 390 $202,850 $70,000 $679 99 $170 $16,867 AMHERST $1,797,408,700 $18.83 $33,637,449 504 $156,700 $215,000 $4,048 115 $165 $18,938 ANDOVER $263,911,849 $13.32 $3,417,108 135 $67,900 $105,000 $1,399 62 $209 $12,932 ANTRIM $232,394,882 $20.94 $4,786,733 129 $72,000 $45,000 $942 48 $190 $9,125 ASHLAND $182,331,279 $26.91 $4,884,766 127 $15,300 $45,000 $1,211 48 $152 $7,284 $1,015,437,294 $13.80 $13,894,342 386 $107,625 $314,900 $4,346 70 $188 $13,125 AUBURN $669,128,033 $13.30 $8,792,932 249 $96,526 $350,000 $4,655 65 $179 $11,661 BARNSTEAD $529,100,439 $16.23 $8,432,191 271 $152,556 $90,000 $1,461 90 $172 $15,438 BARRINGTON $913,432,820 $16.60 $14,936,220 431 $209,150 $1,079,180 $17,914 93 $169 $15,756 $1,027,805,689 $6.60 $6,705,222 215 $66,100 $0 $0 109 $165 $17,973 $110,028,578 $12.73 $1,376,417 46 $3,600 $0 $0 44 $156 $6,884 BEDFORD $3,085,197,931 $16.34 $50,222,892 882 $123,171 $697,000 $11,389 139 $171 $23,749 BELMONT $499,500,599 $25.69 $12,592,170 429 $228,500 $115,000 $2,954 119 $159 $18,914 BENNINGTON $113,827,755 $20.99 $2,349,158 69 $37,500 $15,000 $315 26 $178 $4,634 BENTON $15,400,266 $13.57 $205,445 12 $600 $0 $0 11 $161 $1,776 BERLIN $452,584,397 $29.24 $12,964,090 666 $108,000 $206,600 $6,041 554 $151 $83,433 BETHLEHEM $247,343,138 $20.70 $5,018,448 156 $97,500 $0 $0 74 $168 $12,440 BOSCAWEN $285,181,924 $18.10 $5,123,364 161 $23,900 $45,000 $815 80 $175 $14,035 BOW $876,647,876 $27.99 $23,684,176 356 $181,000 $642,310 $17,978 53 $166 $8,824 ATKINSON BARTLETT BATH The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value Tax Rate per $1000 Assessed Value 34 Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted BRADFORD $228,754,827 $14.56 $3,281,657 81 $43,200 $10,000 $146 35 $175 $6,135 BRENTWOOD $480,351,941 $20.72 $9,895,912 117 $49,400 $252,400 $5,230 23 $186 $4,287 BRIDGEWATER $390,836,500 $7.44 $2,823,090 84 $6,150 $0 $0 31 $192 $5,953 BRISTOL $530,033,877 $14.49 $7,555,990 180 $98,400 $50,000 $725 51 $170 $8,652 BROOKFIELD $109,657,060 $13.72 $1,492,296 71 $11,000 $120,000 $1,646 20 $189 $3,780 BROOKLINE $451,661,775 $25.78 $11,570,244 134 $68,500 $380,000 $9,796 37 $179 $6,639 CAMPTON $336,706,047 $17.75 $5,866,432 181 $101,000 $359,700 $6,385 37 $144 $5,345 CANAAN $334,579,832 $18.89 $6,259,115 181 $48,200 $75,000 $1,417 86 $172 $14,778 CANDIA $366,691,810 $18.94 $6,871,770 197 $67,600 $380,000 $7,197 43 $169 $7,284 CANTERBURY $305,062,962 $16.52 $4,972,431 118 $60,700 $219,050 $3,619 44 $169 $7,419 CARROLL $248,570,751 $17.66 $4,356,339 56 $29,500 $0 $0 28 $140 $3,909 CENTER HARBOR $343,014,272 $12.99 $4,411,868 74 $47,248 $0 $0 24 $184 $4,414 CHARLESTOWN $278,168,977 $23.45 $6,414,760 305 $93,500 $235,000 $5,511 190 $134 $25,478 CHATHAM $47,024,338 $11.03 $498,731 32 $19,000 $0 $0 11 $177 $1,951 CHESTER $556,895,700 $18.22 $10,023,224 168 $88,500 $2,480,000 $45,186 26 $166 $4,313 CHESTERFIELD $380,973,263 $21.27 $8,021,059 202 $75,900 $15,600 $332 84 $159 $13,381 CHICHESTER $233,561,675 $23.53 $5,409,322 142 $87,690 $225,000 $5,294 35 $170 $5,957 CLAREMONT $48,113 $728,016,508 $31.58 $22,807,163 753 $119,280 $711,450 $22,468 314 $153 CLARKSVILLE $39,507,192 $21.52 $840,997 24 $7,475 $0 $0 26 $204 $5,308 COLEBROOK $168,403,975 $23.16 $3,854,350 144 $15,600 $45,000 $1,042 71 $157 $11,125 COLUMBIA $86,122,755 $14.47 $1,204,019 75 $9,300 $0 $0 25 $143 $3,579 CONCORD $4,105,426,614 $19.22 $78,624,459 1,391 $300,890 $5,274,292 $101,372 393 $167 $65,717 CONWAY $1,284,930,920 $15.49 $19,553,872 587 $320,775 $175,000 $2,711 281 $161 $45,207 CORNISH $177,736,653 $15.18 $2,678,332 101 $10,100 $55,000 $835 41 $136 $5,577 CROYDON $75,374,257 $14.97 $1,121,836 52 $5,200 $0 $0 21 $150 $3,146 DALTON $56,898,672 $24.51 $1,339,438 78 $43,500 $0 $0 43 $137 $5,873 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value Tax Rate per $1000 Assessed Value 35 Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted DANBURY $138,904,420 $16.97 $2,326,264 71 $28,600 $150,000 $2,546 35 $176 $6,164 DANVILLE $435,142,508 $19.58 $8,425,794 185 $86,800 $150,000 $2,937 51 $172 $8,758 DEERFIELD $562,403,759 $17.53 $9,701,898 169 $98,000 $0 $0 51 $176 $8,954 DEERING $213,875,735 $19.11 $4,063,693 105 $15,700 $0 $0 36 $172 $6,188 $58,972 DERRY $2,951,488,988 $22.16 $65,044,055 996 $313,750 $1,037,241 $22,985 327 $180 DIXVILLE $18,648,717 $4.65 $86,508 0 $0 $0 $0 0 $0 $0 DORCHESTER $30,800,678 $23.85 $727,699 34 $5,525 $0 $0 20 $148 $2,965 DOVER $2,764,812,500 $18.72 $51,219,579 1,297 $462,223 $5,100,000 $95,472 301 $165 $49,565 DUBLIN $263,226,519 $18.87 $4,920,913 77 $38,700 $15,000 $283 35 $197 $6,900 $28,880,800 $21.24 $586,193 25 $1,250 $6,000 $127 30 $193 $5,783 DUNBARTON $317,207,565 $16.46 $5,164,467 107 $13,300 $0 $0 21 $163 $3,433 DURHAM $809,736,968 $27.28 $22,028,852 267 $35,800 $180,000 $4,910 30 $168 $5,027 EAST KINGSTON $281,024,670 $20.26 $5,592,201 116 $61,769 $0 $0 11 $166 $1,826 DUMMER EASTON $62,272,052 $9.66 $596,523 13 $3,700 $0 $0 EATON $104,215,420 $9.85 $1,005,453 40 $20,000 $0 $0 17 $179 $3,037 EFFINGHAM $181,675,877 $14.15 $2,518,119 89 $47,934 $0 $0 51 $165 $8,397 ELLSWORTH $15,612,443 $11.58 $179,973 2 $2,593 $0 $0 ENFIELD $428,211,348 $22.39 $9,543,090 233 $37,600 $215,000 $4,814 76 $158 $12,028 EPPING $623,236,300 $18.65 $11,576,054 220 $31,000 $60,000 $1,119 84 $153 $12,854 EPSOM $444,926,575 $14.91 $6,482,334 259 $139,650 $161,900 $2,414 88 $160 $14,102 ERROL $63,663,799 $10.01 $611,602 29 $2,900 $0 $0 22 $154 $3,393 $1,670,435,924 $19.26 $31,744,342 695 $405,690 $2,914,000 $56,124 84 $164 $13,758 FARMINGTON $466,340,230 $17.05 $7,718,127 383 $220,000 $45,000 $767 109 $171 $18,630 FITZWILLIAM $233,680,706 $23.39 $5,420,433 171 $41,628 $307,400 $7,190 59 $160 $9,457 FRANCESTOWN $186,129,957 $22.81 $4,197,014 89 $44,250 $15,000 $342 18 $172 $3,095 FRANCONIA $289,116,186 $12.71 $3,664,654 53 $4,600 $15,000 $191 31 $138 $4,271 EXETER The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value FRANKLIN $574,710,305 FREEDOM FREMONT Tax Rate per $1000 Assessed Value 36 Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted $18.90 $10,724,152 416 $72,097 $93,160 $1,761 187 $164 $30,685 $432,454,211 $9.90 $4,237,283 139 $39,350 $15,000 $149 74 $167 $12,377 $415,332,105 $20.27 $8,326,515 155 $82,000 $15,000 $304 69 $170 $11,747 $1,600,639,908 $15.83 $25,009,520 601 $318,418 $60,000 $950 138 $164 $22,671 $456,151,736 $19.27 $8,655,985 219 $119,400 $101,400 $1,954 83 $160 $13,242 $56,990,453 $21.95 $1,242,596 45 $4,500 $15,000 $329 21 $168 $3,523 $1,248,659,200 $24.68 $30,293,849 841 $469,230 $210,000 $5,183 288 $181 $51,987 GORHAM $187,653,900 $30.61 $5,609,675 217 $15,400 $184,900 $5,660 96 $125 $11,972 GOSHEN $79,153,306 $19.21 $1,495,529 47 $23,700 $0 $0 33 $189 $6,222 GRAFTON $126,444,140 $15.54 $1,913,856 76 $48,500 $0 $0 42 $150 $6,281 GRANTHAM $549,252,489 $13.02 $7,069,968 153 $81,221 $0 $0 33 $180 $5,952 GREENFIELD $163,141,153 $19.47 $3,152,914 61 $29,433 $30,000 $584 24 $154 $3,690 GREENLAND $505,147,400 $16.50 $8,174,028 228 $124,500 $95,000 $1,568 19 $193 $3,664 GREENVILLE $140,289,970 $13.98 $1,905,387 86 $45,700 $15,000 $210 48 $161 $7,708 $60,736,134 $16.45 $952,906 31 $19,500 $0 $0 23 $177 $4,066 HAMPSTEAD $1,016,945,219 $18.12 $18,271,495 415 $144,900 $600,000 $10,872 47 $170 $7,993 HAMPTON $2,372,731,900 $19.31 $45,179,219 1,020 $536,459 $487,500 $9,414 147 $178 $26,223 HAMPTON FALLS $367,528,800 $19.60 $7,117,143 127 $66,200 $30,000 $588 16 $177 $2,829 HANCOCK $266,384,179 $16.64 $4,391,433 115 $34,900 $0 $0 37 $199 $7,374 HANOVER $1,493,767,700 $17.21 $25,627,908 216 $16,650 $100,000 $1,721 31 $155 $4,796 HARRISVILLE $189,433,917 $12.65 $2,387,991 60 $6,000 $0 $0 25 $167 $4,176 HAVERHILL $359,712,076 $16.44 $5,848,042 248 $30,800 $60,000 $986 154 $153 $23,544 HEBRON $276,971,313 $6.75 $1,852,882 48 $6,000 $0 $0 25 $199 $4,973 HENNIKER $393,461,763 $24.95 $9,750,443 173 $50,800 $1,080,000 $26,946 45 $158 $7,094 $93,595,496 $17.98 $1,642,193 60 $18,800 $0 $0 35 $188 $6,574 $580,186,344 $19.55 $11,116,098 308 $181,000 $435,000 $8,504 95 $183 $17,373 GILFORD GILMANTON GILSUM GOFFSTOWN GROTON HILL HILLSBOROUGH The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value HINSDALE HOLDERNESS Tax Rate per $1000 Assessed Value $205,743,424 $31.93 37 Veteran’s Credits Total Tax Commitment $6,444,883 Total Credits Granted 236 Total Taxes Shifted $40,333 Blind/Deaf/Disabled Exemptions Total Exemption Amount $19,200 Low Income Refunds* Total Taxes Shifted $613 Total Refunds Granted 103 Average Refund Amount $158 Total Taxes Shifted $16,303 $661,031,605 $11.90 $7,816,842 126 $41,200 $45,000 $536 50 $168 $8,405 HOLLIS $1,031,950,200 $22.84 $23,353,918 394 $211,895 $288,700 $6,594 46 $174 $8,023 HOOKSETT $1,274,733,978 $22.68 $28,629,379 554 $164,023 $403,400 $9,149 132 $181 $23,835 HOPKINTON $768,237,052 $21.05 $15,958,447 336 $177,000 $150,000 $3,158 106 $171 $18,175 $2,501,101,352 $17.22 $42,546,325 1,070 $369,884 $4,713,027 $81,158 276 $178 $48,991 JACKSON $325,862,927 $8.70 $2,802,284 59 $29,500 $25,000 $218 34 $163 $5,533 JAFFREY $462,084,935 $21.99 $10,067,422 285 $73,000 $308,503 $6,784 94 $177 $16,679 JEFFERSON $141,132,040 $15.19 $2,130,952 43 $2,800 $15,000 $228 44 $157 $6,910 $1,914,596,233 $25.54 $48,650,570 1,069 $199,125 $1,167,600 $29,821 404 $160 $64,706 KENSINGTON $311,641,947 $17.12 $5,306,300 76 $8,800 $15,000 $257 16 $162 $2,591 KINGSTON $639,553,689 $20.28 $12,869,031 354 $85,882 $1,540,000 $31,231 61 $188 $11,494 $2,161,858,459 $15.51 $33,069,645 923 $411,200 $520,000 $8,065 259 $170 $44,015 HUDSON KEENE LACONIA LANCASTER $225,077,390 $24.43 $5,440,126 196 $28,700 $45,000 $1,099 112 $164 $18,318 LANDAFF $35,822,391 $16.94 $604,319 26 $1,300 $15,000 $254 20 $163 $3,257 LANGDON $64,166,258 $20.26 $1,272,480 49 $26,000 $0 $0 25 $137 $3,414 LEBANON $1,658,536,683 $20.77 $34,214,345 545 $86,779 $147,000 $3,053 149 $170 $25,344 LEE $495,548,668 $23.34 $11,484,165 188 $78,855 $34,400 $803 45 $161 $7,264 LEMPSTER $115,463,413 $15.56 $1,784,882 71 $8,400 $15,000 $233 37 $146 $5,420 LINCOLN $805,006,214 $8.00 $6,367,512 96 $52,500 $30,000 $240 44 $172 $7,546 LISBON $110,194,157 $25.86 $2,822,871 94 $21,800 $45,000 $1,164 59 $160 $9,426 LITCHFIELD $928,983,841 $15.28 $14,057,133 281 $87,500 $111,400 $1,702 69 $160 $11,037 $3,267,784,875 $18.28 $58,473,104 915 $398,000 $1,766,300 $32,288 235 $185 $43,410 $531,097,377 $17.05 $8,846,430 289 $155,300 $118,800 $2,026 95 $177 $16,858 $58,855,091 $18.26 $1,059,781 37 $12,600 $0 $0 17 $142 $2,414 $307,933,559 $17.87 $5,458,544 69 $37,500 $607,500 $10,856 12 $172 $2,060 LONDONDERRY LOUDON LYMAN LYME The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value Tax Rate per $1000 Assessed Value Veteran’s Credits Total Tax Commitment LYNDEBOROUGH $182,950,140 $19.00 $3,462,708 MADBURY $226,885,151 $18.52 $4,141,741 MADISON $462,062,170 $11.95 $5,464,635 $9,589,899,446 $16.85 $160,008,671 $204,298,141 $17.52 $68,763,559 $18.99 $165,317,729 MEREDITH MERRIMACK MIDDLETON MANCHESTER MARLBOROUGH MARLOW MASON MILAN 38 Total Credits Granted 55 Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted $9,400 $3,500 $67 27 $189 $5,104 76 $46,680 $15,000 $278 21 $148 $3,109 149 $49,500 $15,000 $179 71 $175 $12,399 3,754 $1,218,900 $66,371,400 $1,118,358 983 $179 $175,628 $3,552,993 112 $20,300 $30,000 $526 42 $153 $6,421 $1,292,182 60 $11,200 $15,000 $285 31 $192 $5,950 $17.11 $2,791,173 62 $34,000 $0 $0 17 $150 $2,546 $1,897,635,500 $10.74 $20,129,869 443 $237,250 $642,300 $6,898 98 $154 $15,092 $3,183,586,101 $17.46 $55,102,098 1,228 $431,398 $2,899,300 $50,622 261 $180 $47,016 $198,305,980 $16.30 $3,184,452 97 $43,600 $15,000 $245 54 $153 $8,242 $121,426,309 $15.30 $1,822,646 96 $10,800 $45,000 $689 85 $121 $10,280 $1,539,168,628 $17.70 $27,050,821 504 $174,559 $106,900 $1,892 184 $173 $31,786 MILTON $399,606,235 $18.20 $7,103,936 287 $154,300 $45,000 $819 103 $163 $16,769 MONROE $201,949,273 $13.49 $2,284,996 80 $9,800 $0 $0 42 $151 $6,324 MONT VERNON $250,959,020 $22.57 $5,613,866 87 $48,000 $45,000 $1,016 28 $158 $4,432 MILFORD MOULTONBOROUGH $2,761,682,589 $6.71 $18,312,244 400 $201,692 $338,000 $2,268 113 $180 $20,325 NASHUA $9,170,749,039 $17.20 $155,859,510 3,382 $1,479,298 $13,036,700 $224,231 903 $169 $152,229 NELSON $121,911,090 $13.51 $1,644,023 22 $1,750 $0 $0 11 $165 $1,812 NEW BOSTON $611,464,248 $15.30 $9,256,951 167 $86,500 $191,275 $2,927 49 $165 $8,108 NEW CASTLE $582,182,793 $4.49 $2,570,484 82 $41,000 $15,000 $67 12 $188 $2,250 NEW DURHAM $422,622,660 $16.86 $7,041,706 154 $78,800 $0 $0 46 $174 $8,003 NEW HAMPTON $249,226,686 $18.99 $4,667,124 111 $29,400 $30,000 $570 57 $166 $9,486 NEW IPSWICH $406,818,657 $14.55 $5,798,396 184 $107,000 $60,000 $873 56 $179 $10,027 NEW LONDON $1,037,185,237 $12.89 $13,147,606 404 $213,485 $45,000 $580 50 $174 $8,700 NEWBURY $693,578,844 $12.07 $8,286,377 123 $66,000 $0 $0 49 $187 $9,149 NEWFIELDS $209,518,292 $23.62 $4,937,743 78 $9,100 $180,000 $4,252 The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value Tax Rate per $1000 Assessed Value 39 Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted NEWINGTON $785,824,230 $9.07 $6,334,536 57 $31,028 $0 $0 NEWMARKET $698,546,571 $20.49 $14,135,012 324 $165,500 $330,000 $6,762 48 $174 $8,356 NEWPORT $239,168,610 $38.93 $9,183,668 347 $109,550 $180,000 $7,007 177 $162 $28,624 NEWTON $530,199,836 $17.74 $9,341,874 144 $40,984 $85,752 $1,521 42 $178 $7,474 NORTH HAMPTON $893,170,155 $15.43 $13,565,238 342 $184,500 $0 $0 50 $157 $7,869 NORTHFIELD $299,091,837 $19.22 $5,624,935 205 $121,431 $153,700 $2,954 91 $155 $14,105 NORTHUMBERLAND $153,200,084 $25.74 $3,898,129 160 $10,600 $75,000 $1,931 131 $157 $20,592 NORTHWOOD $537,516,098 $16.86 $8,997,460 200 $59,200 $362,305 $6,108 69 $156 $10,779 NOTTINGHAM $596,365,860 $14.43 $8,475,475 219 $116,700 $1,007,750 $14,542 67 $158 $10,553 ORANGE $27,591,547 $21.19 $578,497 24 $5,300 $0 $0 ORFORD $152,624,300 $17.38 $2,620,909 47 $25,000 $5,000 $87 28 $161 $4,502 OSSIPEE $718,140,050 $12.44 $8,734,887 318 $184,500 $45,000 $560 153 $156 $23,919 PELHAM $1,691,942,238 $13.99 $23,377,812 421 $225,500 $45,000 $630 116 $178 $20,675 PEMBROKE $576,115,364 $23.71 $13,446,332 314 $178,000 $742,500 $17,605 95 $172 $16,370 PETERBOROUGH $689,553,341 $20.75 $14,136,655 305 $154,592 $45,000 $934 90 $183 $16,435 PIERMONT $90,801,357 $16.15 $1,459,059 43 $4,900 $0 $0 28 $178 $4,985 PITTSBURG $233,790,350 $14.85 $3,437,965 105 $12,900 $0 $0 48 $149 $7,129 PITTSFIELD $310,164,001 $22.60 $6,973,847 198 $28,900 $30,000 $678 68 $173 $11,794 PLAINFIELD $215,898,028 $24.50 $5,255,182 115 $21,000 $169,500 $4,153 41 $158 $6,489 PLAISTOW $989,741,673 $18.50 $18,160,969 365 $89,200 $2,160,000 $39,960 81 $191 $15,466 PLYMOUTH $340,974,744 $23.30 $7,859,119 176 $58,000 $150,000 $3,495 69 $161 $11,088 $3,680,472,581 $15.72 $57,028,634 1,094 $514,296 $1,077,800 $16,943 143 $179 $25,567 RANDOLPH $50,675,935 $16.00 $800,295 29 $2,900 $15,000 $240 11 $159 $1,754 RAYMOND $955,151,785 $19.27 $18,086,547 505 $291,982 $1,676,400 $32,304 124 $169 $20,910 RICHMOND $96,771,854 $19.97 $1,912,867 57 $10,900 $15,000 $300 35 $194 $6,801 $564,966,678 $18.71 $10,380,903 303 $166,030 $572,508 $10,712 57 $162 $9,259 PORTSMOUTH RINDGE The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value ROCHESTER ROLLINSFORD ROXBURY RUMNEY Tax Rate per $1000 Assessed Value 40 Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted $2,255,466,914 $18.34 $40,792,543 2,030 $502,994 $4,107,600 $75,333 563 $160 $89,955 $277,599,019 $14.48 $3,941,038 174 $78,108 $15,000 $217 40 $199 $7,946 $24,636,918 $17.99 $441,102 15 $1,500 $0 $0 $204,263,477 $13.62 $2,754,115 131 $14,300 $75,000 $1,022 58 $148 $8,588 RYE $1,790,774,300 $8.66 $15,256,267 436 $234,500 $45,000 $390 79 $175 $13,848 SALEM $4,535,064,151 $12.62 $56,420,780 1,375 $734,000 $1,667,400 $21,043 381 $185 $70,451 SALISBURY $117,663,891 $21.17 $2,436,125 72 $39,600 $75,000 $1,588 37 $145 $5,365 SANBORNTON $393,373,164 $17.24 $6,672,624 199 $109,746 $0 $0 66 $193 $12,736 SANDOWN $451,512,696 $24.58 $10,978,345 198 $112,500 $30,000 $737 47 $178 $8,387 SANDWICH $376,091,837 $9.48 $3,475,008 132 $82,081 $15,000 $142 41 $184 $7,542 SEABROOK 236 $171 $40,406 $2,389,435,700 $12.47 $26,966,949 594 $270,200 $1,765,000 $22,010 SHARON $52,499,708 $14.99 $784,410 15 $750 $0 $0 SHELBURNE $79,770,872 $13.92 $1,059,487 31 $4,400 $15,000 $209 18 $153 $2,757 SOMERSWORTH $850,885,180 $21.35 $17,939,146 531 $207,453 $325,000 $6,939 159 $171 $27,242 SOUTH HAMPTON $158,942,086 $12.74 $2,015,114 40 $4,000 $50,000 $637 SPRINGFIELD $198,507,674 $12.82 $2,483,699 79 $44,000 $0 $0 20 $157 $3,137 $66,109,028 $18.02 $1,139,987 46 $10,150 $45,000 $811 29 $189 $5,477 $4,750 STARK STEWARTSTOWN $63,235,482 $22.34 $1,370,288 50 $6,200 $15,000 $335 35 $136 STODDARD $275,321,891 $8.85 $2,416,549 65 $16,700 $7,800 $69 33 $181 $5,959 STRAFFORD $483,150,600 $17.15 $8,243,696 181 $37,200 $60,000 $1,029 61 $159 $9,705 STRATFORD $72,799,929 $18.23 $1,280,002 49 $5,500 $30,000 $547 49 $119 $5,852 $1,053,885,172 $19.02 $19,795,476 341 $185,693 $60,000 $1,141 45 $182 $8,198 $133,132,716 $14.70 $1,948,657 36 $6,200 $15,000 $221 17 $196 $3,326 SULLIVAN $48,190,118 $24.76 $1,183,941 43 $6,100 $0 $0 17 $144 $2,453 SUNAPEE $1,034,022,495 $11.66 $11,922,306 212 $109,000 $75,000 $875 68 $155 $10,568 $59,750,408 $26.90 $1,594,602 61 $9,900 $0 $0 28 $152 $4,260 STRATHAM SUGAR HILL SURRY The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value Tax Rate per $1000 Assessed Value Veteran’s Credits Total Tax Commitment Total Credits Granted SUTTON $285,593,134 $16.13 $4,529,396 132 SWANZEY $466,108,089 $23.63 $10,966,124 TAMWORTH $335,063,896 $19.04 $6,244,641 TEMPLE $155,661,086 $19.03 THORNTON $322,527,918 TILTON $530,180,737 TROY $110,283,836 TUFTONBORO 41 Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Low Income Refunds* Total Taxes Shifted Total Refunds Granted Average Refund Amount Total Taxes Shifted $73,500 $0 $0 31 $155 $4,806 350 $45,522 $144,400 $3,412 191 $158 $30,229 169 $100,979 $44,467 $847 141 $165 $23,292 $2,949,816 67 $7,300 $0 $0 28 $158 $4,412 $15.24 $4,829,529 148 $76,700 $495,000 $7,544 43 $171 $7,367 $17.44 $9,113,556 186 $96,000 $169,400 $2,954 72 $162 $11,681 $26.36 $2,860,273 109 $30,350 $30,000 $791 45 $203 $9,139 $11,649 $1,030,390,894 $7.06 $7,198,031 203 $62,750 $150,000 $1,059 74 $157 UNITY $141,299,852 $11.85 $1,657,301 115 $12,250 $0 $0 44 $143 $6,278 WAKEFIELD $994,352,507 $10.18 $9,907,533 367 $207,500 $133,700 $1,361 167 $163 $27,146 WALPOLE $331,973,502 $19.55 $6,402,147 198 $52,950 $60,000 $1,173 88 $183 $16,108 WARNER $276,749,670 $20.09 $5,473,899 147 $78,900 $30,000 $603 38 $161 $6,111 WARREN $84,365,505 $16.69 $1,366,981 49 $27,229 $0 $0 42 $148 $6,229 WASHINGTON $261,767,911 $14.44 $3,756,981 80 $17,400 $15,000 $217 66 $167 $11,010 WATERVILLE VALLEY $383,368,840 $8.78 $3,352,330 21 $10,500 $0 $0 WEARE $882,139,926 $16.05 $13,980,709 341 $156,013 $120,000 $1,926 80 $156 $12,510 WEBSTER $223,086,601 $16.96 $3,697,124 105 $55,500 $0 $0 38 $174 $6,631 WENTWORTH $101,592,990 $18.48 $1,853,517 40 $5,250 $34,050 $629 40 $168 $6,737 WESTMORELAND $199,402,527 $12.89 $2,555,959 74 $7,400 $0 $0 32 $167 $5,331 WHITEFIELD $175,823,241 $19.93 $3,432,328 137 $43,500 $15,000 $299 79 $151 $11,895 WILMOT $181,287,141 $16.55 $2,967,233 61 $30,500 $30,000 $497 22 $186 $4,092 WILTON $455,138,316 $16.06 $7,260,046 171 $43,650 $60,000 $964 62 $187 $11,600 WINCHESTER $266,521,180 $23.76 $6,298,658 206 $26,610 $80,627 $1,916 118 $158 $18,598 WINDHAM $2,164,454,970 $15.35 $33,076,859 432 $125,500 $2,102,730 $32,277 82 $183 $14,977 WINDSOR $29,339,961 $16.90 $492,927 10 $2,300 $0 $0 $1,565,417,426 $11.86 $18,434,629 492 $130,925 $75,000 $890 123 $156 $19,239 WOLFEBORO The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Property/Tax Values Town Total Property Tax Value WOODSTOCK STATE TOTALS (OR MEDIANS) Tax Rate per $1000 Assessed Value 42 Veteran’s Credits Total Tax Commitment Total Credits Granted Total Taxes Shifted Blind/Deaf/Disabled Exemptions Total Exemption Amount Total Taxes Shifted Low Income Refunds* Total Refunds Granted Average Refund Amount Total Taxes Shifted $249,992,651 $13.23 $3,251,386 99 $51,000 $15,000 $198 40 68* $132 $166* $5,280 $11291* $157,311,312,553 $17.23 $2,630,455,983 62,486 $23,757,891 $146,896,577 $2,595,719 $19,569 $166 $3,271,493 *Town with less than 10 low income refunds are summarized where (*) for confidentiality The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire 43 Table A - 6: Examples of Typical Tax Bills by Town Without Influence of Exemptions (2005 data) Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Acworth $170,000 $29.76 $5,059 $29.61 $5,033.26 $25.94 0.51% $29.47 $5,010 $49.58 0.98% Albany $169,000 $13.11 $2,216 $13.07 $2,208.78 $6.81 0.31% $12.82 $2,167 $48.26 2.18% Alexandria $200,000 $17.10 $3,420 $16.90 $3,379.96 $40.04 1.17% $16.58 $3,315 $104.70 3.06% Allenstown $199,000 $20.16 $4,012 $20.03 $3,985.66 $26.18 0.65% $19.51 $3,882 $129.95 3.24% Alstead $159,900 $18.63 $2,979 $18.58 $2,970.55 $8.39 0.28% $18.50 $2,958 $20.92 0.70% Alton $259,000 $10.27 $2,660 $10.25 $2,654.56 $5.37 0.20% $10.12 $2,621 $39.22 1.47% Amherst $383,488 $24.65 $9,453 $24.44 $9,374.34 $78.64 0.83% $24.33 $9,331 $121.98 1.29% Andover $204,950 $12.74 $2,611 $12.62 $2,586.53 $24.53 0.94% $12.27 $2,515 $95.83 3.67% Antrim $207,000 $18.93 $3,919 $18.84 $3,898.87 $19.64 0.50% $18.51 $3,832 $86.29 2.20% Ashland $158,000 $23.91 $3,778 $23.76 $3,754.35 $23.43 0.62% $23.66 $3,738 $39.71 1.05% Atkinson $338,000 $15.49 $5,236 $15.35 $5,188.30 $47.32 0.90% $15.21 $5,141 $94.23 1.80% Auburn $339,900 $15.19 $5,163 $14.99 $5,094.77 $68.31 1.32% $14.79 $5,026 $137.25 2.66% Barnstead $195,000 $14.56 $2,839 $14.51 $2,830.12 $9.08 0.32% $14.22 $2,772 $67.05 2.36% Barrington $280,000 $16.72 $4,682 $16.54 $4,631.53 $50.07 1.07% $16.27 $4,555 $126.35 2.70% Bartlett $222,500 $6.70 $1,491 $6.68 $1,487.27 $3.48 0.23% $6.61 $1,470 $20.80 1.40% Bath $140,000 $21.15 $2,961 $20.55 $2,876.51 $84.49 2.85% $19.86 $2,781 $180.04 6.08% Bedford $427,267 $15.44 $6,597 $15.40 $6,578.09 $18.92 0.29% $15.34 $6,555 $42.45 0.64% Belmont $200,000 $24.59 $4,918 $24.32 $4,864.13 $53.87 1.10% $23.83 $4,767 $151.13 3.07% Bennington $187,000 $18.87 $3,529 $18.66 $3,489.29 $39.40 1.12% $18.32 $3,426 $102.27 2.90% Benton $133,000 $12.17 $1,619 $11.95 $1,588.90 $29.71 1.84% $11.70 $1,555 $63.12 3.90% $86,933 $29.13 $2,532 $28.56 $2,483.05 $49.30 1.95% $28.00 $2,434 $98.24 3.88% Bethlehem $159,900 $20.11 $3,216 $20.02 $3,201.34 $14.25 0.44% $19.57 $3,129 $86.93 2.70% Boscawen $214,900 $23.55 $5,061 $23.35 $5,017.19 $43.70 0.86% $23.13 $4,971 $89.85 1.78% Bow $320,000 $26.37 $8,438 $25.32 $8,100.94 $337.46 4.00% $24.30 $7,775 $663.23 7.86% Bradford $240,000 $14.23 $3,415 $14.20 $3,406.89 $8.31 0.24% $14.12 $3,388 $26.82 0.79% Brentwood $393,533 $17.40 $6,847 $17.35 $6,829.03 $18.45 0.27% $17.23 $6,782 $65.01 0.95% Berlin The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 44 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Bridgewater $245,000 $8.28 $2,029 $7.92 $1,939.58 $89.02 4.39% $7.54 $1,847 $181.20 8.93% Bristol $179,900 $23.96 $4,310 $23.85 $4,290.37 $20.03 0.46% $23.39 $4,208 $102.37 2.38% Brookfield $215,900 $11.98 $2,586 $11.94 $2,578.82 $7.66 0.30% $11.85 $2,558 $28.17 1.09% Brookline $375,000 $24.39 $9,146 $24.32 $9,121.02 $25.23 0.28% $24.16 $9,058 $87.85 0.96% Campton $220,000 $17.38 $3,824 $17.18 $3,779.25 $44.35 1.16% $16.85 $3,706 $117.43 3.07% Canaan $184,550 $26.54 $4,898 $26.39 $4,869.99 $27.97 0.57% $26.10 $4,816 $81.73 1.67% Candia $320,000 $17.83 $5,706 $17.61 $5,635.85 $69.75 1.22% $17.40 $5,569 $137.09 2.40% Canterbury $249,900 $37.43 $9,354 $37.35 $9,333.11 $20.64 0.22% $36.85 $9,210 $143.95 1.54% Carroll $154,000 $16.58 $2,553 $16.54 $2,547.73 $5.59 0.22% $16.39 $2,523 $29.89 1.17% Center Harbor $408,000 $12.59 $5,137 $12.56 $5,123.35 $13.37 0.26% $12.41 $5,061 $75.44 1.47% Charlestown $140,000 $34.54 $4,836 $34.29 $4,800.53 $35.07 0.73% $33.69 $4,716 $119.13 2.46% Chatham $235,000 $12.65 $2,973 $12.63 $2,968.73 $4.02 0.14% $12.22 $2,871 $101.93 3.43% Chester $335,000 $30.96 $10,372 $30.34 $10,162.73 $208.87 2.01% $29.92 $10,022 $349.80 3.37% Chesterfield $274,000 $20.59 $5,642 $20.48 $5,610.96 $30.70 0.54% $20.26 $5,552 $90.13 1.60% Chichester $270,000 $20.99 $5,667 $20.85 $5,628.57 $38.73 0.68% $20.48 $5,529 $138.48 2.44% Claremont $146,900 $35.15 $5,164 $34.66 $5,091.64 $71.90 1.39% $34.30 $5,039 $124.37 2.41% Clarksville $125,000 $18.66 $2,333 $18.62 $2,327.84 $4.66 0.20% $18.46 $2,308 $24.64 1.06% Colebrook $99,000 $22.91 $2,268 $22.69 $2,245.89 $22.20 0.98% $22.35 $2,213 $55.48 2.45% Columbia $68,000 $12.76 $868 $12.39 $842.50 $25.18 2.90% $11.92 $811 $56.91 6.56% Concord $222,000 $19.77 $4,389 $19.67 $4,366.02 $22.92 0.52% $19.64 $4,360 $28.61 0.65% Conway $182,000 $14.67 $2,670 $14.59 $2,655.70 $14.24 0.53% $14.31 $2,605 $65.02 2.44% Cornish $190,000 $15.88 $3,017 $15.75 $2,991.90 $25.30 0.84% $15.63 $2,970 $46.84 1.55% Croydon $165,000 $11.80 $1,947 $11.70 $1,930.19 $16.81 0.86% $11.56 $1,908 $39.25 2.02% $89,500 $25.27 $2,262 $24.98 $2,235.87 $25.79 1.14% $24.02 $2,150 $111.46 4.93% Danbury $172,900 $27.99 $4,839 $27.69 $4,787.50 $51.98 1.07% $27.22 $4,706 $133.70 2.76% Danville $285,000 $16.91 $4,819 $16.78 $4,781.56 $37.79 0.78% $16.57 $4,721 $98.26 2.04% Deerfield $315,000 $17.51 $5,516 $17.37 $5,471.62 $44.03 0.80% $17.10 $5,385 $130.58 2.37% Dalton The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 45 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Deering $232,900 $18.89 $4,399 $18.63 $4,337.93 $61.55 1.40% $18.51 $4,310 $89.17 2.03% Derry $243,000 $27.03 $6,568 $26.80 $6,511.70 $56.59 0.86% $26.69 $6,487 $81.44 1.24% Dorchester $217,000 $21.98 $4,770 $21.92 $4,756.30 $13.36 0.28% $21.69 $4,706 $63.51 1.33% Dover $239,900 $19.42 $4,659 $19.15 $4,594.69 $64.17 1.38% $18.96 $4,549 $109.75 2.36% Dublin $335,000 $17.47 $5,852 $17.44 $5,841.07 $11.38 0.19% $17.28 $5,788 $64.70 1.11% Dummer $250,000 $18.44 $4,610 $17.74 $4,435.23 $174.77 3.79% $17.11 $4,278 $332.44 7.21% Dunbarton $305,000 $15.36 $4,685 $15.19 $4,632.86 $51.94 1.11% $15.00 $4,574 $111.18 2.37% Durham $352,000 $26.19 $9,219 $26.10 $9,188.85 $30.03 0.33% $26.02 $9,160 $58.61 0.64% East Kingston $338,275 $19.20 $6,495 $19.03 $6,438.53 $56.35 0.87% $18.83 $6,370 $124.83 1.92% Easton $325,000 $7.39 $2,402 $7.37 $2,394.55 $7.20 0.30% $7.28 $2,367 $34.74 1.45% Eaton $192,500 $21.38 $4,116 $21.35 $4,110.69 $4.96 0.12% $20.89 $4,021 $94.59 2.30% Effingham $180,000 $12.44 $2,239 $12.39 $2,230.21 $8.99 0.40% $12.10 $2,178 $60.98 2.72% Ellsworth $219,000 $11.74 $2,571 $11.69 $2,560.55 $10.51 0.41% $11.64 $2,549 $22.45 0.87% Enfield $191,000 $20.52 $3,919 $20.36 $3,889.42 $29.90 0.76% $20.26 $3,871 $48.80 1.25% Epping $315,000 $16.92 $5,330 $16.86 $5,310.00 $19.80 0.37% $16.79 $5,287 $42.47 0.80% Epsom $240,000 $15.01 $3,602 $14.94 $3,584.79 $17.61 0.49% $14.58 $3,500 $102.85 2.85% Errol $180,000 $11.38 $2,048 $10.95 $1,970.35 $78.05 3.81% $10.45 $1,881 $167.29 8.17% Exeter $295,000 $19.21 $5,667 $18.80 $5,545.03 $121.92 2.15% $18.52 $5,464 $202.61 3.58% Farmington $190,000 $16.79 $3,190 $16.53 $3,140.86 $49.24 1.54% $16.05 $3,050 $140.39 4.40% Fitzwilliam $180,000 $22.80 $4,104 $22.66 $4,078.15 $25.85 0.63% $22.47 $4,044 $59.76 1.46% Francestown $230,000 $21.20 $4,876 $21.14 $4,863.33 $12.67 0.26% $20.92 $4,813 $63.45 1.30% Franconia $175,000 $18.10 $3,168 $18.07 $3,161.72 $5.78 0.18% $18.01 $3,152 $15.47 0.49% Franklin $182,900 $18.16 $3,321 $17.86 $3,266.70 $54.76 1.65% $17.62 $3,223 $98.10 2.95% Freedom $219,000 $9.90 $2,168 $9.87 $2,161.62 $6.48 0.30% $9.77 $2,139 $29.47 1.36% Fremont $320,000 $18.45 $5,904 $18.40 $5,888.40 $15.60 0.26% $18.18 $5,816 $87.67 1.48% Gilford $249,900 $17.09 $4,271 $17.01 $4,251.89 $18.90 0.44% $16.78 $4,194 $76.56 1.79% Gilmanton $217,000 $18.25 $3,960 $18.10 $3,928.12 $32.13 0.81% $17.82 $3,866 $94.18 2.38% The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 46 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Gilsum $185,297 $20.16 $3,736 $19.95 $3,696.52 $39.07 1.05% $19.79 $3,667 $68.62 1.84% Goffstown $249,900 $23.61 $5,900 $23.52 $5,876.73 $23.41 0.40% $23.09 $5,771 $129.32 2.19% Gorham $125,000 $30.29 $3,786 $29.21 $3,651.39 $134.86 3.56% $28.49 $3,561 $225.49 5.96% Goshen $146,000 $18.01 $2,629 $17.98 $2,624.45 $5.01 0.19% $17.89 $2,612 $17.22 0.65% Grafton $175,900 $21.95 $3,861 $21.82 $3,837.53 $23.47 0.61% $21.55 $3,790 $71.03 1.84% Grantham $270,000 $12.80 $3,456 $12.79 $3,452.95 $3.05 0.09% $12.76 $3,446 $10.44 0.30% Greenfield $269,900 $16.50 $4,453 $16.45 $4,440.60 $12.75 0.29% $16.33 $4,406 $46.90 1.05% Greenland $416,733 $16.68 $6,951 $16.51 $6,880.56 $70.55 1.01% $16.16 $6,734 $217.06 3.12% Greenville $209,000 $12.82 $2,679 $12.72 $2,659.17 $20.21 0.75% $12.47 $2,606 $73.75 2.75% Groton $155,400 $16.96 $2,636 $16.53 $2,569.33 $66.25 2.51% $16.00 $2,486 $149.38 5.67% Hampstead $322,000 $17.11 $5,509 $16.86 $5,427.99 $81.43 1.48% $2.01 $970 $65.07 6.29% Hampton $330,000 $17.90 $5,907 $17.72 $5,848.79 $58.21 0.99% $16.71 $5,379 $130.09 2.36% Hampton Falls $540,000 $18.00 $9,720 $17.81 $9,619.83 $100.17 1.03% $17.45 $5,758 $148.55 2.51% Hancock $305,000 $21.24 $6,478 $21.20 $6,466.40 $11.80 0.18% $17.58 $9,493 $227.03 2.34% Hanover $501,000 $16.65 $8,342 $16.58 $8,306.89 $34.76 0.42% $21.12 $6,441 $37.51 0.58% Harrisville $215,000 $16.35 $3,515 $16.31 $3,507.61 $7.64 0.22% $16.53 $8,280 $61.32 0.74% Haverhill $121,000 $27.15 $3,285 $26.89 $3,254.15 $31.00 0.94% $16.25 $3,493 $22.44 0.64% Hebron $305,000 $7.25 $2,211 $7.21 $2,197.88 $13.37 0.60% $26.55 $3,213 $72.41 2.20% Henniker $247,450 $25.13 $6,218 $25.02 $6,192.18 $26.24 0.42% $7.14 $2,177 $34.35 1.55% Hill $160,400 $14.50 $2,326 $14.20 $2,277.59 $48.21 2.07% $24.87 $6,154 $64.80 1.04% Hillsborough $203,900 $17.57 $3,583 $17.45 $3,557.59 $24.93 0.70% $13.89 $2,228 $98.03 4.22% Hinsdale $141,000 $29.38 $4,143 $28.80 $4,060.11 $82.47 1.99% $17.06 $3,479 $103.89 2.90% Holderness $265,000 $13.44 $3,562 $13.42 $3,556.30 $5.30 0.15% $28.19 $3,975 $167.15 4.03% Hollis $400,000 $21.00 $8,400 $20.88 $8,353.58 $46.42 0.55% $13.33 $3,533 $28.85 0.81% Hooksett $260,000 $22.10 $5,746 $21.53 $5,598.70 $147.30 2.56% $20.68 $8,271 $128.86 1.53% Hopkinton $285,000 $23.61 $6,729 $23.38 $6,663.86 $64.99 0.97% $21.30 $5,539 $207.23 3.61% Hudson $270,000 $16.50 $4,455 $16.26 $4,390.78 $64.22 1.44% $23.03 $6,564 $164.81 2.45% The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 47 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Jackson $330,000 $9.00 $2,970 $8.98 $2,962.14 $7.86 0.26% $8.87 $2,927 $42.85 1.44% Jaffrey $200,000 $20.62 $4,124 $20.47 $4,094.22 $29.78 0.72% $20.26 $4,052 $71.76 1.74% Jefferson $155,000 $27.40 $4,247 $27.11 $4,201.92 $45.08 1.06% $26.81 $4,156 $90.96 2.14% Keene $189,500 $26.19 $4,963 $26.08 $4,943.05 $19.95 0.40% $25.94 $4,915 $48.23 0.97% Kensington $344,900 $16.37 $5,646 $16.17 $5,577.29 $68.72 1.22% $16.07 $5,542 $103.66 1.84% Kingston $289,900 $19.10 $5,537 $18.97 $5,498.74 $38.35 0.69% $18.80 $5,451 $85.67 1.55% Laconia $205,000 $16.72 $3,428 $16.61 $3,405.74 $21.86 0.64% $16.42 $3,366 $62.05 1.81% Lancaster $139,500 $22.88 $3,192 $22.66 $3,160.61 $31.15 0.98% $22.38 $3,122 $69.41 2.17% Landaff $150,000 $30.32 $4,548 $30.20 $4,530.43 $17.57 0.39% $30.05 $4,507 $41.12 0.90% Langdon $244,500 $33.45 $8,179 $33.10 $8,093.29 $85.24 1.04% $32.37 $7,914 $264.78 3.24% Lebanon $240,000 $20.28 $4,867 $20.06 $4,814.41 $52.79 1.08% $19.92 $4,782 $85.31 1.75% Lee $300,000 $24.43 $7,329 $24.36 $7,307.39 $21.61 0.29% $24.15 $7,244 $84.53 1.15% Lempster $148,000 $22.54 $3,336 $22.24 $3,291.27 $44.65 1.34% $22.02 $3,258 $77.57 2.33% Lincoln $178,000 $18.82 $3,350 $18.67 $3,323.55 $26.41 0.79% $18.46 $3,286 $64.11 1.91% Lisbon $152,733 $22.51 $3,438 $22.33 $3,410.90 $27.12 0.79% $22.10 $3,376 $62.49 1.82% Litchfield $298,080 $27.56 $8,215 $27.36 $8,155.29 $59.79 0.73% $27.08 $8,073 $141.74 1.73% Littleton $150,000 $20.22 $3,033 $19.60 $2,940.48 $92.52 3.05% $18.89 $2,834 $199.01 6.56% Londonderry $265,000 $19.85 $5,260 $19.40 $5,141.80 $118.45 2.25% $18.97 $5,026 $234.46 4.46% Loudon $249,900 $20.67 $5,165 $20.52 $5,128.73 $36.71 0.71% $20.02 $5,003 $162.34 3.14% Lyman $141,000 $17.35 $2,446 $17.31 $2,440.15 $6.20 0.25% $17.09 $2,409 $37.04 1.51% Lyme $320,533 $18.67 $5,984 $18.39 $5,894.94 $89.41 1.49% $18.19 $5,831 $153.31 2.56% Lyndeborough $265,000 $18.66 $4,945 $18.63 $4,937.24 $7.66 0.15% $18.57 $4,921 $24.31 0.49% Madbury $300,000 $17.52 $5,256 $17.37 $5,211.81 $44.19 0.84% $17.13 $5,139 $117.37 2.23% Madison $192,000 $11.98 $2,300 $11.95 $2,294.28 $5.88 0.26% $11.82 $2,269 $30.79 1.34% Manchester $224,000 $28.36 $6,353 $27.67 $6,198.54 $154.10 2.43% $27.41 $6,140 $212.35 3.34% Marlborough $182,900 $24.05 $4,399 $23.98 $4,385.39 $13.35 0.30% $23.81 $4,354 $44.77 1.02% Marlow $146,000 $18.88 $2,756 $18.82 $2,747.72 $8.76 0.32% $18.63 $2,720 $36.51 1.32% The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 48 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Mason $310,000 $17.82 $5,524 $17.79 $5,514.24 $9.96 0.18% $17.52 $5,431 $92.78 1.68% Meredith $301,550 $16.25 $4,900 $16.22 $4,890.26 $9.93 0.20% $16.00 $4,825 $75.03 1.53% Merrimack $255,000 $23.07 $5,883 $22.81 $5,815.37 $67.48 1.15% $22.62 $5,768 $114.52 1.95% Middleton $189,900 $14.47 $2,748 $14.40 $2,734.33 $13.52 0.49% $14.12 $2,682 $66.29 2.41% Milan $100,000 $12.00 $1,200 $11.67 $1,166.56 $33.44 2.79% $11.40 $1,140 $60.03 5.00% Milford $249,900 $32.16 $8,037 $31.99 $7,994.27 $42.51 0.53% $31.78 $7,942 $94.75 1.18% Milton $229,900 $15.99 $3,676 $15.81 $3,634.42 $41.68 1.13% $15.38 $3,536 $140.35 3.82% Monroe $194,533 $14.09 $2,741 $12.17 $2,367.34 $373.63 13.63% $10.19 $1,983 $758.15 27.66% Mont Vernon $361,000 $21.66 $7,819 $21.60 $7,798.65 $20.61 0.26% $21.39 $7,722 $97.16 1.24% Moultonborough $255,000 $6.79 $1,731 $6.78 $1,728.05 $3.40 0.20% $6.69 $1,706 $25.50 1.47% Nashua $266,000 $16.32 $4,341 $16.01 $4,258.39 $82.73 1.91% $15.84 $4,213 $128.49 2.96% Nelson $225,500 $27.80 $6,269 $27.63 $6,230.29 $38.61 0.62% $27.50 $6,201 $67.73 1.08% New Boston $343,117 $28.90 $9,916 $28.76 $9,868.95 $47.13 0.48% $28.59 $9,808 $107.61 1.09% New Castle $860,000 $5.03 $4,326 $5.02 $4,317.20 $8.60 0.20% $4.97 $4,272 $53.55 1.24% New Durham $238,550 $15.95 $3,805 $15.89 $3,790.31 $14.56 0.38% $15.71 $3,747 $58.18 1.53% New Hampton $236,900 $16.73 $3,963 $16.54 $3,918.72 $44.61 1.13% $16.31 $3,864 $99.30 2.51% New Ipswich $250,000 $14.94 $3,735 $14.81 $3,703.58 $31.42 0.84% $14.49 $3,621 $113.64 3.04% New London $329,000 $11.79 $3,879 $11.77 $3,872.78 $6.13 0.16% $11.68 $3,843 $36.30 0.94% Newbury $273,467 $14.63 $4,001 $14.60 $3,993.03 $7.79 0.19% $14.47 $3,956 $45.02 1.13% Newfields $399,000 $21.85 $8,718 $21.55 $8,597.00 $121.15 1.39% $21.49 $8,573 $145.13 1.66% Newington $480,000 $9.10 $4,368 $7.90 $3,792.43 $575.57 13.18% $6.72 $3,224 $1,144.00 26.19% Newmarket $273,519 $20.39 $5,577 $20.21 $5,526.58 $50.47 0.90% $19.99 $5,468 $108.87 1.95% Newport $154,450 $30.80 $4,757 $30.57 $4,721.92 $35.14 0.74% $30.05 $4,641 $116.53 2.45% Newton $358,000 $17.27 $6,183 $17.16 $6,144.82 $37.84 0.61% $17.04 $6,099 $83.98 1.36% North Hampton $535,000 $15.05 $8,052 $14.81 $7,922.60 $129.15 1.60% $14.56 $7,790 $261.60 3.25% Northfield $198,500 $17.82 $3,537 $17.54 $3,482.67 $54.60 1.54% $17.10 $3,394 $143.42 4.05% $94,500 $31.86 $3,011 $31.28 $2,956.40 $54.37 1.81% $30.71 $2,902 $108.76 3.61% Northumberland The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 49 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Northwood $254,900 $15.19 $3,872 $15.12 $3,853.08 $18.85 0.49% $15.00 $3,823 $48.48 1.25% Nottingham $299,500 $14.41 $4,316 $14.35 $4,297.78 $18.02 0.42% $14.13 $4,231 $84.47 1.96% Orange $211,380 $17.66 $3,733 $17.55 $3,710.16 $22.81 0.61% $17.39 $3,676 $56.70 1.52% Orford $212,533 $16.87 $3,585 $16.82 $3,574.31 $11.12 0.31% $16.75 $3,559 $26.23 0.73% Ossipee $184,900 $11.25 $2,080 $11.18 $2,066.96 $13.17 0.63% $10.93 $2,020 $59.69 2.87% Pelham $385,000 $31.25 $12,031 $30.86 $11,879.25 $152.00 1.26% $30.42 $11,711 $320.48 2.66% Pembroke $220,000 $23.63 $5,199 $23.51 $5,171.46 $27.14 0.52% $23.11 $5,083 $115.27 2.22% Peterborough $248,000 $22.07 $5,473 $21.89 $5,429.83 $43.53 0.80% $21.63 $5,364 $109.31 2.00% Piermont $140,000 $29.36 $4,110 $29.07 $4,069.55 $40.85 0.99% $28.82 $4,035 $75.61 1.84% Pittsburg $123,000 $14.40 $1,771 $14.29 $1,758.27 $12.93 0.73% $14.14 $1,740 $31.47 1.78% Pittsfield $206,000 $28.17 $5,803 $28.03 $5,774.00 $29.02 0.50% $27.87 $5,741 $62.26 1.07% Plainfield $235,000 $23.65 $5,558 $23.43 $5,506.31 $51.44 0.93% $23.26 $5,467 $90.66 1.63% Plaistow $230,000 $16.64 $3,827 $16.41 $3,773.21 $53.99 1.41% $16.26 $3,740 $86.82 2.27% Plymouth $165,000 $23.30 $3,845 $23.16 $3,820.64 $23.86 0.62% $22.89 $3,778 $66.97 1.74% Portsmouth $315,000 $17.60 $5,544 $17.35 $5,466.24 $77.76 1.40% $17.11 $5,388 $155.54 2.81% Randolph $110,000 $15.37 $1,691 $15.19 $1,670.83 $19.87 1.18% $14.97 $1,647 $44.20 2.61% Raymond $248,000 $34.56 $8,571 $34.07 $8,449.56 $121.32 1.42% $33.45 $8,296 $275.18 3.21% Richmond $185,000 $18.48 $3,419 $18.34 $3,392.49 $26.31 0.77% $18.12 $3,352 $66.37 1.94% Rindge $244,500 $17.72 $4,333 $17.58 $4,297.73 $34.81 0.80% $17.24 $4,216 $116.91 2.70% Rochester $212,500 $17.30 $3,676 $17.08 $3,630.14 $46.11 1.25% $16.82 $3,573 $102.95 2.80% Rollinsford $235,000 $13.49 $3,170 $13.39 $3,147.05 $23.10 0.73% $13.16 $3,092 $78.31 2.47% Roxbury $168,000 $16.81 $2,824 $16.74 $2,811.71 $12.37 0.44% $16.68 $2,802 $22.38 0.79% Rumney $180,000 $17.97 $3,235 $17.79 $3,202.65 $31.95 0.99% $17.56 $3,161 $73.55 2.27% Rye $505,900 $8.66 $4,381 $8.59 $4,346.71 $34.38 0.78% $8.45 $4,273 $107.67 2.46% Salem $295,000 $22.06 $6,508 $21.90 $6,461.93 $45.77 0.70% $21.56 $6,361 $146.66 2.25% Salisbury $235,000 $18.57 $4,364 $18.27 $4,293.06 $70.89 1.62% $17.98 $4,225 $139.42 3.19% Sanbornton $255,000 $15.92 $4,060 $15.89 $4,052.69 $6.91 0.17% $15.63 $3,985 $74.50 1.84% The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 50 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Sandown $294,900 $22.63 $6,674 $22.45 $6,620.08 $53.50 0.80% $22.19 $6,543 $130.46 1.95% Sandwich $274,000 $9.09 $2,491 $9.04 $2,477.39 $13.27 0.53% $8.79 $2,408 $82.54 3.31% Seabrook $334,500 $16.07 $5,375 $14.73 $4,928.03 $447.39 8.32% $13.43 $4,493 $882.79 16.42% Sharon $305,000 $15.44 $4,709 $15.41 $4,700.08 $9.12 0.19% $15.37 $4,687 $22.05 0.47% Shelburne $210,100 $17.54 $3,685 $16.26 $3,416.38 $268.78 7.29% $14.92 $3,135 $550.09 14.93% Somersworth $237,000 $19.61 $4,648 $19.54 $4,631.87 $15.70 0.34% $19.30 $4,575 $72.97 1.57% South Hampton $417,000 $17.59 $7,335 $17.24 $7,188.62 $146.41 2.00% $17.13 $7,143 $192.12 2.62% Springfield $263,000 $12.41 $3,264 $12.24 $3,220.00 $43.83 1.34% $11.91 $3,132 $132.24 4.05% Stark $76,600 $18.54 $1,420 $18.03 $1,380.72 $39.44 2.78% $17.41 $1,333 $86.93 6.12% Stewartstown $75,000 $22.42 $1,682 $21.82 $1,636.37 $45.13 2.68% $21.15 $1,586 $95.23 5.66% Stoddard $179,900 $12.70 $2,285 $12.67 $2,279.66 $5.07 0.22% $12.55 $2,257 $27.55 1.21% Strafford $280,000 $19.57 $5,480 $19.53 $5,469.21 $10.39 0.19% $19.43 $5,440 $39.32 0.72% Stratford $40,000 $24.56 $982 $23.23 $929.02 $53.38 5.43% $21.89 $876 $106.79 10.87% Stratham $399,500 $17.33 $6,923 $17.22 $6,879.17 $44.16 0.64% $16.99 $6,788 $135.03 1.95% Sugar Hill $216,000 $14.24 $3,076 $14.21 $3,070.22 $5.62 0.18% $14.15 $3,056 $19.86 0.65% Sullivan $148,500 $21.64 $3,214 $21.45 $3,184.89 $28.65 0.89% $21.26 $3,157 $56.93 1.77% Sunapee $250,000 $11.66 $2,915 $11.62 $2,905.34 $9.66 0.33% $11.53 $2,883 $32.03 1.10% Surry $225,000 $24.99 $5,623 $24.91 $5,605.75 $17.00 0.30% $24.72 $5,563 $59.86 1.06% Sutton $230,000 $20.74 $4,770 $20.69 $4,758.89 $11.31 0.24% $20.34 $4,679 $91.16 1.91% Swanzey $204,000 $23.85 $4,865 $23.76 $4,846.19 $19.21 0.39% $23.64 $4,823 $42.22 0.87% Tamworth $195,000 $18.50 $3,608 $18.36 $3,579.31 $28.19 0.78% $17.96 $3,501 $106.10 2.94% Temple $299,900 $20.06 $6,016 $20.02 $6,003.45 $12.54 0.21% $19.93 $5,978 $38.38 0.64% Thornton $185,000 $14.56 $2,694 $14.48 $2,679.61 $13.99 0.52% $14.35 $2,654 $39.36 1.46% Tilton $189,900 $16.09 $3,055 $15.89 $3,018.08 $37.41 1.22% $15.66 $2,973 $82.21 2.69% Troy $170,000 $24.88 $4,230 $24.67 $4,194.60 $35.00 0.83% $24.26 $4,124 $105.33 2.49% Tuftonboro $269,000 $6.09 $1,638 $6.07 $1,633.63 $4.58 0.28% $6.00 $1,614 $24.36 1.49% Unity $155,000 $21.73 $3,368 $21.61 $3,349.89 $18.26 0.54% $21.40 $3,317 $51.07 1.52% The Tax-Shift Impact of Targeted Property Tax Relief in New Hampshire Town Median Home Price 2005 Tax rate 2005 Est. Tax Bill 51 Without Elderly Exemptions Only Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Without ANY Exemptions or Credits Est. Tax Adjusted Percent Rate Est. Tax Difference Tax Bill without Bill Increase Exemptions Wakefield $190,000 $8.62 $1,638 $8.60 $1,634.85 $2.95 0.18% $8.48 $1,612 $25.71 1.57% Walpole $210,000 $17.43 $3,660 $17.25 $3,623.46 $36.84 1.01% $17.05 $3,580 $80.16 2.19% Warner $255,000 $18.28 $4,661 $18.17 $4,634.16 $27.24 0.58% $18.07 $4,609 $52.86 1.13% Warren $122,500 $25.64 $3,141 $25.11 $3,076.28 $64.62 2.06% $24.55 $3,007 $133.91 4.26% Washington $174,115 $13.78 $2,399 $13.75 $2,394.50 $4.80 0.20% $13.67 $2,380 $19.75 0.82% Waterville Valley $430,342 $9.50 $4,088 $9.49 $4,083.74 $4.51 0.11% $9.45 $4,069 $19.62 0.48% Weare $256,000 $28.96 $7,414 $28.72 $7,351.42 $62.34 0.84% $28.31 $7,247 $167.18 2.26% Webster $220,000 $18.56 $4,083 $18.22 $4,008.28 $74.92 1.83% $17.69 $3,891 $191.74 4.70% Wentworth $239,900 $18.65 $4,474 $18.36 $4,404.02 $70.11 1.57% $18.03 $4,326 $148.27 3.31% Westmoreland $309,900 $17.14 $5,312 $17.08 $5,292.80 $18.89 0.36% $16.98 $5,262 $49.33 0.93% Whitefield $139,000 $20.72 $2,880 $20.42 $2,838.28 $41.80 1.45% $19.96 $2,775 $105.29 3.66% Wilmot $259,000 $14.55 $3,768 $14.52 $3,761.27 $7.18 0.19% $14.34 $3,713 $54.99 1.46% Wilton $265,000 $22.00 $5,830 $21.95 $5,816.60 $13.40 0.23% $21.80 $5,777 $53.09 0.91% Winchester $160,000 $22.10 $3,536 $21.89 $3,502.71 $33.29 0.94% $21.76 $3,481 $54.53 1.54% Windham $410,000 $19.46 $7,979 $19.27 $7,899.73 $78.87 0.99% $19.16 $7,857 $121.35 1.52% Windsor $195,000 $16.16 $3,151 $16.11 $3,140.85 $10.35 0.33% $15.93 $3,107 $44.61 1.42% Wolfeboro $259,900 $10.97 $2,851 $10.95 $2,844.88 $6.22 0.22% $10.86 $2,821 $29.68 1.04% Woodstock $140,000 $12.78 $1,789 $12.73 $1,781.71 $7.49 0.42% $12.51 $1,752 $37.13 2.08% STATE MEDIAN $230,000 $18.13 $4,107 $17.92 $4,064.83 $28.83 0.72% $17.60 $4,003.08 $84.92 1.95% Want to know more? -- Become a subscriber. 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