New Hampshire State Tax Guide
New Hampshire state tax rates and rules for income, sales, property, fuel, cigarette, and other taxes that impact residents.

New Hampshire state tax: Overview
New Hampshire has no income tax on wages and salaries, and no sales tax. New Hampshire also has fairly high property tax compared to other states. The state taxes dividends and interest at 4%. (The tax is scheduled to be eliminated in 2025.)
The Granite State doesn't tax Social Security benefits. Income from retirement plans is exempt from New Hampshire's interest and dividends tax. Railroad Retirement benefits are also exempt.
[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.]

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Is there an income tax in New Hampshire?
New Hampshire is a state that doesn't have a personal income tax. However, currently, the state has a 4% tax on dividends and interest.
However, the tax on dividends and interest is being phased out due to legislation. According to the New Hampshire Department of Revenue Administration:
- For years ending before December 31, 2023, the tax rate is 5%.
- For years ending on or after December 31, 2023, the tax rate is 4%.
- For years ending on or after December 31, 2024, the tax rate is 3%
The D&I tax is currently scheduled to be repealed in 2025.
Is shopping tax-free in NH?
New Hampshire doesn't have sales tax.
How much are property taxes in New Hampshire?
In New Hampshire, the median property tax rate is 1.93% 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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As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.
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