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tax summary, Hillsborough New Hampshire tax summary

Tax Summary



  • New Hampshire does not tax individual earned income.
  • There is a 5% tax on income from dividends and interest earning more than

$2,400 annually. Exemptions include:

    • $1,200 for residents 65 and older
    • $1,200 for residents who are blind
    • 1,200 for disabled individuals unable to work
  • There is no sales tax in New Hampshire
  • There is a tax on electricity of $.00055 per kilowatt hour of electricity used.
  • Property taxes are paid to the municipality where the property is located.
  • The statewide property tax rate is $5.80 per $1,000 of property.
  • There are homestead exemptions for the elderly, veterans and the handicapped.


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