The City’s tax rate for this year is $22.61. The New Hampshire Department of Revenue Administration set the tax rate at $22.61, an increase of 3.9 percent over the previous rate of $21.76.
Two significant factors which contributed to the 3.9% increase are health care costs rising at a rate of $3 million per year and anticipated lost revenues related to COVID-19.
The increase means the owner of a home assessed at $250,000 will pay $212.50 more in local property taxes this year.
