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Taxes In New Hampshire

New Hampshire Tax Rates, Collections, and Burdens

How does New Hampshire’s tax code compare? New Hampshire has a flat 4.00 percent individual income tax rate which is levied only on interest and dividends income. New Hampshire also has a 7.50 percent corporate income tax rate. New Hampshire does not have a state sales tax and does not levy local sales taxes. New Hampshire’s tax system ranks 6th overall on our 2023 State Business Tax Climate Index.

Each state’s tax code is a multifaceted system with many moving parts, and New Hampshire is no exception. The first step towards understanding New Hampshire’s tax code is knowing the basics. How does New Hampshire collect tax revenue? Click the tabs below to learn more! You can also explore our state tax maps, which are compiled from our annual publication, Facts & Figures: How Does Your State Compare?

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Tax Data by State

Get facts about taxes in your state and around the U.S.

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State Tax Data

Individual Taxes

Top Individual Income Tax Rate
4%See Full Study
State Local Individual Income Tax Collections per Capita
$107Rank: 42
State and Local Tax Burden
9.7%Rank: 23See Full Study

Business Taxes

Top Corporate Income Tax Rate
7.5%See Full Study
State Business Tax Climate Index Ranking
6See Full Study

Sales Taxes

State Sales Tax Rate
Does Not Have State Sales Tax RateRank: See Full Study
State Gasoline Tax Rate (cents per gallon)
23.83¢Rank: 39
State Cigarette Tax Rate (dollars per 20-pack)
$1.78Rank: 25

Property Taxes

Property Taxes Paid as a Percentage of Owner-Occupied Housing Value
1.93%Rank: 3
State and Local Property Tax Collections Per Capita
$3285Rank: 3

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