New Hampshire Property Tax Exemptions 2026: Homestead, Senior, Veteran & Disability
New Hampshire (NH) homeowners have several ways to legally reduce their property tax bill — homestead reductions, senior credits, veteran exemptions, and disability programs. This page lists every New Hampshire property tax exemption available in 2026, who qualifies, dollar amounts, and how to apply.
Quick answer: The most common New Hampshire property tax exemption is the general homestead reduction for owner-occupied primary residences. Additional savings stack on top for residents who are age 65+, disabled, a disabled veteran, or a surviving spouse. Most New Hampshire exemptions require a one-time application with the local county assessor; some need annual income recertification.
How much can a New Hampshire homeowner save with the homestead exemption?
For a median New Hampshire home valued at $367,200 (current annual tax $6,505), the general homestead reduction alone is worth roughly:
All New Hampshire property tax exemptions at a glance
| Exemption | Who qualifies | Benefit | Typical savings |
|---|---|---|---|
| Homestead (general) | Owner-occupied primary residence | ~$50,000 value reduction | $886/yr est. |
| Senior / Age 65+ | Owner-occupied; age 65+; often income-capped | Additional reduction or freeze | $200 – $2,000/yr |
| Disabled veteran | Service-connected disability rating | Up to 100% exemption in many states | $1,000 – full bill |
| Disability (non-veteran) | Permanent total disability | Reduction + sometimes freeze | $200 – $1,500/yr |
| Surviving spouse | Of veteran, first responder, or senior | Continuation of decedent's exemption | Same as deceased's benefit |
| Agricultural / farm | Active agricultural use | Use-value assessment instead of market | 30% – 80% lower bill |
Estimated savings use New Hampshire's effective property tax rate of 1.77% on the median home value of $367,200. Your actual savings depend on your county assessor's millage and how exemptions are applied to assessed (vs. market) value.
Elderly Exemption (RSA 72:39-a) — Local Option
The primary senior relief in New Hampshire is the locally-adopted elderly exemption. Each town decides whether to offer it and at what level.
Eligibility (statewide minimum framework)
- Age 65+ by April 1 of the tax year
- Net income below locally-set limits (typically $35,000-$50,000 single)
- Assets (excluding residence) below locally-set limits
- Primary residence owned 5+ years in most towns
Exemption amounts
Varies dramatically by town. Common ranges:
- Smaller towns: $50,000-$100,000 off assessed value
- Manchester, Nashua, Concord: $100,000-$150,000
- Some generous towns: $200,000+
Application deadline
Typically April 15 of the tax year. Check with your town assessor.
Low and Moderate Income Homeowners Property Tax Relief
New Hampshire's state-funded relief program refunds a portion of state education property tax for qualifying lower-income homeowners.
Eligibility
- Homeowner of the primary residence
- Income below $37,000 (single) or $47,000 (married)
Refund amount
Calculated based on adjusted property tax exceeding a percentage of income. Typically several hundred dollars per year for qualifying households.
Application
File with the NH Department of Revenue Administration by June 30 of the following year.
Elderly and Disabled Tax Deferral
Alternative to the exemption — defers payment of part or all of property tax for qualifying seniors and disabled. Deferred amount accrues interest at statutory rate and becomes a lien repaid when the property is sold or transferred.
Apply with the town assessor.
Frequently Asked Questions
What is New Hampshire's elderly exemption?
A locally-adopted exemption under RSA 72:39-a. Each town decides whether to offer it and at what level. Amounts vary from $50,000 to over $200,000 off assessed value for homeowners age 65+ with income and asset limits set locally. File with your town by April 15.
What is the Low and Moderate Income Homeowners Property Tax Relief program?
A state-funded program that refunds a portion of state education property tax for homeowners with income below $37,000 (single) or $47,000 (married). Apply with the NH Department of Revenue Administration by June 30 of the year following the tax year.
Now check your county's actual rate
Exemptions reduce the taxable amount — but the millage your county charges is what determines the bill. See the 2026 effective rate for every New Hampshire county.
Browse New Hampshire Counties → Read the full New Hampshire guideNH Department of Revenue Administration — Property Tax · NH DRA — Low and Moderate Income Homeowners Property Tax Relief · Nashua — Elderly Exemption · Concord — Elderly Exemption · NH Board of Tax and Land Appeals (BTLA) · NH RSA 72 (Property Taxation). Exemption amounts and filing deadlines verified against the 2025-2026 legislative sessions and official state publications. Always verify with your local assessor before filing — programs change annually. This page is informational and is not tax or legal advice.