Portsmouth Tax Rate Drops as Property Values Rise

Officials have released the city’s new estimated tax rate now that the full statistical revaluation of properties has been completed.

Portsmouth’s estimated tax rate is $11.20 per $1,000 of property valuation, down from the 2023 tax rate of $16.13 per $1,000.

City assessor Rosann Lentz explained recently the estimated tax rate would drop significantly because of the surge in values of Portsmouth properties.

The assessor’s office noted the tax rate is only an estimate because ‘the final rate will be set by the State of New Hampshire this fall.’