A new analysis finds that a $500,000 home’s property tax bill can range from $1,310 to $18,270 depending on which New Hampshire town or city you live in. The report looks at the property tax landscape in New Hampshire, finding high property tax burdens compared to other states, heavy reliance on local property taxes, limited state support, and disproportionate impacts on lower-income households.
A new study from NHFPI’s Jessica Williams finds that changes taking effect in 2028 could cost the state nearly $1 billion over the next decade and more than $2 billion when lost federal matching funds are included. The Medicaid Enhancement Tax is currently NH’s 4th largest tax revenue source.
The typical New Hampshire family has lost major ground over the past decade, as the cost of basic necessities has risen far faster than household incomes. The median four-person family’s disposable income — what’s left after paying for just a few basic essentials like housing, food, child care, health care, and gasoline — has dropped by $17,349 since 2015.
A new NHFPI finds that drug-related deaths in New Hampshire dropped to their lowest level in more than a decade as state and federal investments in prevention, treatment, and recovery services had a sustained surge in funding.
With shrinking revenues and growing needs, policymakers made tough tradeoffs that will shape services for years to come. NHFPI’s final budget report breaks down the State Budget for Fiscal Years 2026 and 2027, detailing what’s funded, what’s cut, and what’s at stake.
The New Hampshire State Senate’s version of the State Budget, crafted during the month of May and approved by the Senate on June 5, 2025, would appropriate approximately $15.9 billion. The Senate would make several key changes relative to the New Hampshire House’s $15.5 billion State Budget proposal that was passed by the House of Representatives on April 10, 2025.
