History of the Allenstown, NH Property Tax Rate, 1994-2023

The following table shows the town's tax history since 1994. Of interest is the low point in the total tax rate between 2003 and 2007. The town rate dipped to its lowest point from 2003-2005 and school rates showed similar dips from 2002-2005. What enabled those low rates?

For 2021 the final tax bill on a $200,000 property would have been $6300.00 or about $525.00/month. This all changed in 2022, because state law required the whole town to be re-evaluated every five years to bring old assessed values in line with the much higher market values (the current sale prices of properties).

They say that property values will go up but the tax rate will go down proportionately. Unfortunately, the 20-year school bond is kicking in, which will raise the school tax rate. Therefore it is still a monetary mystery that the financial wizards will have to explain to us.

NOTE

Rates are in dollars per thousand. The Valuation column is the total value of all properties in town. That data comes from the NH Dept. of Revenue (DOR) tax rate reports dating back to 2009.

Year	Town Rate	+Local School Rate	+State School Rate	+County Rate	=Total Tax Rate	Valuation w/ Utilities
2023	$6.34	$11.94	$1.25	$1.67	= $21.20	$530,349,917
2022	$6.21	$10.65	$0.88	$1.76	= $19.50	$516,483,0813
2022	Townwide property re-assessment increased property values
2021	$8.55	$18.06	$2.04	$2.85	= $31.50	$300,169,750
2020	$9.62	$14.89	$2.03	$2.76	= $29.30	$299,434,087
2019	$9.68	$16.54	$2.09	$2.79	= $31.10	$295,309,596
2018	$10.12	$15.19	$2.10	$2.74	= $30.15	$291,898,771
2017	$10.04	$17.25	$2.08	$2.74	= $32.11	$288,823,3731
2017	Townwide property re-assessment increased property values
2016	$11.36	$17.07	$2.44	$2.99	= $33.86	$249,523,983
2015	$11.31	$16.03	$2.48	$3.01	= $32.83	$247,798,1442
2014	$11.66	$16.81	$2.28	$3.03	= $33.78	$245,729,936
2013	$10.35	$16.20	$2.36	$2.62	= $31.53	$246,917,483
2012	$9.30	$10.01	$2.39	$2.51	= $24.21	$267,810,771
2011	$7.93	$16.30	$2.34	$2.73	= $29.30	$267,129,444
2010	$7.61	$14.62	$2.50	$2.65	= $27.38	$265,982,984
2009	$7.94	$15.85	$2.47	$2.78	= $29.04	$266,789,172
2008	$6.38	$15.89	$2.36	$2.56	= $27.19
2007	$5.59	$12.70	$2.38	$2.33	= $23.00
2006	$5.57	$12.13	$2.36	$2.09	= $22.15
2005	$4.84	$11.33	$2.42	$2.17	= $20.16
2004	$4.26	$11.33	$2.56	$1.85	= $20.00
2003	$4.30	$11.79	$4.03	$1.88	= $22.00
2002	$5.84	$11.44	$4.66	$2.12	= $24.06
2001	$5.83	$13.09	$5.24	$2.12	= $26.28
2000	$7.87	$14.10	$5.82	$2.11	= $29.90
1999	$10.32	$9.80	$6.94	$2.14	= $29.20
1998	$9.36	$24.71	N/A	$2.27	= $36.34
1997	$10.11	$24.16	N/A	$1.58	= $35.85
1996	$10.60	$18.61	N/A	$1.35	= $30.56
1995	$9.72	$20.18	N/A	$1.44	= $31.34
1994	$10.08	$18.53	N/A	$1.45	= $30.06

¹ Avitar Associates reassessed all properties mid-year and values went up 15.7%. When the State DOR reassessed tax rates in October, they went down only $1.75/$1,000 (5.1%), not enough to offset the increase in property values. Taxpayers got higher tax bills in December 2017.
² Starting in 2015, the DOR showed two columns called Valuation and Valuation with Utilities. The second, higher column is reported here.
³ Avitar Associates reassessed all properties mid-2022 and average values went up about 60% but some homes increased 70% and mobile homes jumped more than 2x in value. Even though the tax rate dropped by $12.00/$1,000, it wasn't enough to avoid tax increases for many residents. The other financial factor was that 2022 was the first year of payment on the 20-year new school bond.