New Hampshire Income Tax
New Hampshire has no state income tax. This makes it one of the most attractive states for high earners and retirees. You will still owe federal income tax.
New Hampshire Sales Tax
New Hampshire has no state sales tax, making it one of only five states without one. There are no local sales taxes either.
New Hampshire Property Tax
The effective property tax rate in New Hampshire is 1.93%. With a median home value of $370,700, the median annual property tax bill is $6,597 ($550/month).
Property taxes in New Hampshire are significantly higher than the national average, which is an important factor for homebuyers.
Corporate & Business Taxes
The corporate tax rate in New Hampshire is 7.5%.
Other Taxes in New Hampshire
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.22/gallon |
| Cigarette Tax | $1.78/pack |
| Estate Tax | No |
| Inheritance Tax | No |
Key Facts
No income tax and no sales tax. Very high property taxes fund local services. Interest/dividend tax fully repealed in 2025.
Compare to Other States
See how salaries compare on our average salary in New Hampshire page. Thinking about starting a business? Check our LLC guide for New Hampshire. See the current minimum wage in New Hampshire.
Financial Calculators
Plan your finances in New Hampshire with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford