US Tax Tools

New Hampshire Income Tax

New Hampshire has no state income tax on wages or salaries. The state previously taxed interest and dividends income at 5%, but that tax was fully repealed effective January 1, 2025, making New Hampshire a true no-income-tax state.

Tax Type

No Income Tax

Income Tax Rate

0%

Brackets

None

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New Hampshire is only part of the equation — federal taxes apply too.

State Tax Ranking

#4 of 51 Low tax burden at $75,000 income

At $75,000 income (single filer), New Hampshire ranks #4 out of 51 states — where #1 is the lowest tax burden.

Best states to move to from New Hampshire →

Tax at Different Income Levels

Income State Tax Effective Rate Take-Home
$50,000 $0 0.00% $46,129
$75,000 $0 0.00% $67,051
$100,000 $0 0.00% $86,551
$150,000 $0 0.00% $124,933
$200,000 $0 0.00% $162,933

Single filer, standard deduction, 2025 tax year. Take-home is after federal + state income tax (excludes FICA).

What You Should Know

With the repeal of the interest and dividends tax in 2025, New Hampshire now joins the ranks of states with no income tax at all. The state has no sales tax either, relying instead on property taxes and business taxes for revenue. New Hampshire's property taxes are among the highest in the nation. Residents still owe federal income tax and FICA taxes on their earnings.

Tax Planning Tip

With the interest and dividends tax now repealed, New Hampshire joins the fully no-income-tax group. However, property taxes are notably high — budget $6,000-$10,000+ annually on a median-value home.

Property Tax & Cost of Living

Property Tax Rate
1.86%
$8,184/yr on $440,000 home
Cost of Living Index
112
12% above national average
Median Home Value
$440,000
Housing index: 122 (avg = 100)

Property tax rate is the state average effective rate. Actual rates vary by county. COL index from BEA Regional Price Parities.

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Frequently asked questions

What is New Hampshire's income tax rate in 2025?

New Hampshire has no state income tax. Residents pay only federal income tax on their earnings.

Does New Hampshire tax Social Security benefits?

New Hampshire does not tax Social Security benefits. Since there is no state income tax, no income of any kind is taxed at the state level.

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Last updated May 1, 2026 Tax year 2025-26

Data sources: IRS (irs.gov), Social Security Administration

This tool is general information only, not financial advice.

Reviewed by USTax Tools Editorial Desk

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