TaxGrader

Taxes in New Hampshire: Income, Sales, and Property Tax Guide

Top Income Tax Rate

No Income Tax

Combined Sales Tax

0.0%

Avg Property Tax Rate

1.9%

Median Household Income

$90,845

How New Hampshire Compares to National Average

IRS Statistics of Income Data

Average AGI

$68,000

Average Tax Liability

$9,500

Itemized Deduction Rate

25.0%

Avg SALT Deduction

$8,500

Avg Mortgage Interest Deduction

$10,500

Avg Charitable Deduction

$5,200

Source: IRS Statistics of Income (2022 tax year)

What This Means for You

New Hampshire is one of the states that does not levy a state income tax. This can mean significant tax savings compared to high-tax states, though New Hampshire may compensate through higher sales tax, property tax, or other fees. Consider the full tax picture when evaluating the cost of living.

Frequently Asked Questions

Does New Hampshire have an income tax?

No, New Hampshire does not have a state income tax.

What is the sales tax in New Hampshire?

The combined state and local sales tax rate in New Hampshire is approximately 0.0%.

How does New Hampshire compare to other states?

Visit our state comparison page or use the Compare tool to see how New Hampshire's tax burden compares to neighboring states and the national average.

Related Resources

Data sources: Tax Foundation (2024), IRS Statistics of Income (2022). TaxGrader is not a CPA, tax advisor, enrolled agent, or attorney. This content is for educational and informational purposes only.