Mar 11, 2015 5:42 PM
Voters across the Granite State shot down several bond measures at Tuesday's town meeting votes.
- Dunbarton's town hall will not be restored
- Barrington says no to a new town hall
- Lee rejects a new library and community center
- Salem won't build a 23 million dollar public safety complex
The list goes on. Bond measures are often difficult to get passed. They require a two thirds majority vote to pass. The cost of bonds get passed onto property owners in the form of property taxes, but Granite Staters are already paying some of the highest rates in the country.
The American Community Survey shows New Hampshire having the third highest median property taxes in 2013:
1. New Jersey $7,331
2. Connecticut $5,280
3. New Hampshire $5,017
4. New York $4,559
5. Massachusetts $3,955
New Hampshire's median annual tax bill of over $5,000. The state ranked higher than New york, and that's the median figure. Different cities and towns have different tax rates - some much higher than others.
Looking at one home listed on zillow.com as an example. The the assessed value is just over $300,000. The property taxes are nearly $9,500 a year. That can feel like you're paying another mortgage.
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