Income Tax
New Hampshire does not tax wage income; it previously taxed interest and dividends, but that tax was fully phased out by 2025.
Individual income tax collections
1990–2025Census State Government Tax Collections (FRED NHINCTAX).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Wage income tax rate % | 0 | 4 |
- •New Hampshire is one of only nine U.S. states with no tax on wage income.
Property Tax
New Hampshire has one of the highest effective property tax rates in the nation, at about 1.9%, to compensate for the lack of income and sales taxes.
State-level property tax collections
1990–2025Census State Government Tax Collections; excludes local property taxes (FRED NHPROPTAX).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Effective property tax rate % | 1.9 | 0.9 |
- •New Hampshire relies more heavily on property taxes than almost any other U.S. state.
Sales Tax
New Hampshire has no state or local general sales tax, one of only five states with this policy.
| Indicator | New Hampshire | U.S. |
|---|---|---|
| State sales tax rate % | 0 | 5.09 |
- •New Hampshire's lack of a sales tax draws significant cross-border shopping traffic from other New England states.
Tax Burden
New Hampshire has one of the lowest total state and local tax burdens in the country, at about 6.1% of income, due to no wage income tax or sales tax.
State tax collections per resident
1990–2025Census tax collections (NHTOTLTAX) divided by Census resident population (NHPOP).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| Tax burden % of income | 6.1 | 10.6 |
- •New Hampshire is one of only a handful of states with neither a general sales tax nor a wage income tax.
Tax Revenue
New Hampshire collected about $3.4 billion in state tax revenue in fiscal year 2023, relying heavily on property, business, and excise taxes rather than income or sales tax.
State tax collections
1990–2025Census Annual Survey of State Government Tax Collections, fiscal years (FRED NHTOTLTAX).
| Indicator | New Hampshire | U.S. |
|---|---|---|
| State tax revenue per capita | 2400 | 3900 |
- •New Hampshire relies on business taxes as its largest single source of state revenue.