New Hampshire Tax Guide 2025
Explore New Hampshire's 2025 state tax rates for income, sales, property, retirement, and more. Learn how New Hampshire compares nationwide.
Navigating the complexities of state taxes can be daunting, but understanding New Hampshire's tax landscape is essential for residents and newcomers alike.
In this guide, we'll explore key components of The Granite State's tax system, from income and sales taxes to property taxes and retirement benefits.
New Hampshire tax: Overview
New Hampshire stands out with no tax on wages or sales, making it a tax-friendly choice for many. However, property taxes can be on the higher side. The state previously taxed dividends and interest, but it was repealed in early 2025.
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In the news: Residents in Rochester experienced a dramatic spike in their tax property tax bills — with some seeing bills nearly triple following city-wide property value reassessments.
For more information, see New Hampshire Mobile Home and Condo Property Taxes Inexplicably Triple.
[Data for this state tax guide was gathered from a number of sources including the Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
New Hampshire income tax
New Hampshire is a state that doesn't have a personal income tax.
The dividend and interest tax was repealed in 2025.
New Hampshire retirement taxes
There is no state income tax in New Hampshire, so your Social Security, benefits, pension, and retirement distributions are exempt.
- Social Security: Not taxable
- Pensions: Not taxable
- 401(k) and IRA Distributions: Not taxable
New Hampshire sales tax
New Hampshire doesn't have a sales tax.
How much are property taxes in New Hampshire?
In New Hampshire, the median property tax rate is 1.61% of assessed home value, according to the Tax Foundation.
New Hampshire Property Tax Breaks for Retirees
An exemption for property taxes is available to those age 65 and older who have lived in New Hampshire for at least three years.
New Hampshire gas tax
Product | Tax |
|---|---|
Gasoline | $0.22 per gallon |
Diesel | $0.22 per gallon |
Source: Sales Tax Handbook
New Hampshire taxes on tobacco and alcohol
New Hampshire tobacco taxes
Product | Tax Amount |
|---|---|
Cigarettes | $1.78 per pack |
Other Tobacco Products | 48% of the wholesale price |
Medical Marijuana | 0.00% |
Source: Sales Tax Handbook
New Hampshire alcohol taxes
Product | Tax Amount |
|---|---|
Beer | $0.30 per gallon |
Wine | $0.00 per gallon |
Liquor | state-controlled |
Source: Sales Tax Handbook
New Hampshire estate and inheritance taxes
New Hampshire doesn't have estate or inheritance tax.
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