HousingHandbookReference data

U.S. ZIP Code · NH03281

Hillsborough County · Manchester-Nashua, NH

Typical home value

$510,443[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.2%
5-year / yr
+7.6%
10-year / yr
+8.2%

Relative price

vs U.S.
+79.7%
vs metro
≈ metro median
vs state
+7.0%
ZIP 03281 location in NH
Location of ZIP 03281 in NH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 03281 is worth $510,443. Over the past year, values have risen 1.2%. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$7,950[3]

#Climate risk

FEMA National Risk Index ratings for Hillsborough County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
9,170[3]
Median household income
$118,271[3]

#Migration

Household moves in and out of Hillsborough County over a year, from IRS tax-return data.

Net migration
+22[5]
Moved in
11,745
Moved out
11,723

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • John Stark Regional High School

    High · Grades 9–12 · John Stark Regional School District

    630 students

  • Weare Middle School

    Middle · Grades 4–8 · Weare School District

    477 students

  • Center Woods School

    Elementary · Grades PK–3 · Weare School District

    348 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,581
Loan principal$408,355
Down payment$102,089
Total interest paid$520,834

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,670
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
67th percentile[1]
Rental yield
[2]
Property tax
24th percentile[3]

Frequently asked

How much is a home worth in ZIP code 03281?
The typical home in 03281 is worth $510,443, based on the Zillow Home Value Index.
Are home values rising in 03281?
Home values in 03281 are up 1.2% over the past year, and up 7.6% a year over five years.
What is the property tax rate in 03281?
The effective property tax rate in 03281 is 1.6% — roughly $7,950 a year on a typical home.
Who lives in 03281?
ZIP code 03281 has a population of 9,170 and a median household income of $118,271.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Milford CDP, NH

    Typical home
    $513,172
    Gross yield
    4.7%
  • Goffstown CDP, NH

    Typical home
    $513,290
    Gross yield
    4.4%
  • Wilton CDP, NH

    Typical home
    $504,606
    Gross yield
  • NH

    Typical home
    $528,073
    Gross yield
  • Nashua, NH

    Typical home
    $528,636
    Gross yield
    5.0%
  • NH

    Typical home
    $486,842
    Gross yield

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