Property taxes will increase in New Durham, NH in '08

New Durham residents will soon be seeing an increase in their property taxes. The selectman received confirmation from the New Hampshire Department of Revenue Administration at their meeting on November 5th.

Last year the New Durham tax rate was $16.86 per thousand. This number has increased 8.2 percent this year to $18.24 per thousand. On the average $250,000 home that is an increase of $345 a year!

Where was the increase?

The combined local and state school portion was up 57 cents or 5.9% from 2006.

The town portion of the tax was up 59 cents or 11.4% from 2006.

by Kim Carpenter, Lake Winnipesaukee REALTOR, Lakes Region New Hampshire Real Estate