Carlin, Nevada Property Taxes
The median property tax rate in Carlin, NV is 0.51%, considerably lower than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Carlin at $23,406, the typical annual property tax bill reaches just $127, significantly below the national median of $2,690. Property taxes in Carlin are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Carlin's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Carlin or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carlin, Nevada Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
0.8%
Estimate Property Tax Bill
$1,600
Ownwell’s Carlin Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Carlin with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carlin to provide an estimated property tax bill. This valuable tool helps you understand potential tax liabilities and plan accordingly. For those interested in more granular insights, localized information is available further down the page. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Carlin, Nevada
Property taxes in Carlin, Nevada, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Carlin is 0.51%, which is lower than both the Nevada state median and the U.S. national median of 0.99%. Local government entities within Carlin set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carlin estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Carlin's effective property tax rate to other areas in Nevada and the national median. For comparison, the 89822 zip code has the highest median property tax rate of 0.51%, while the same zip code also has the lowest median tax rate of 0.51%. Understanding how these areas compare with Carlin provides valuable insights into the varying tax landscape across Eureka County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carlin Tax Rate
0.51%
Average Eureka County Tax Rate
0.62%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carlin, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89822 | 0.47% | 0.49% | 0.51% | 0.53% | 0.54% |
Source: Ownwell
Property Tax Assessment Values Across Carlin, Nevada
In Carlin, Nevada, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Eureka County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Carlin, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Carlin helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both occur in the zip code 89822, with a value of $127.
Average Carlin Assessed Value
$23,406
Average Eureka County Assessed Value
$73,754
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carlin, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89822 | $8,948 | $14,370 | $23,406 | $32,441 | $37,863 |
Source: Ownwell
Property Tax Bills Across Carlin, Nevada
In Carlin, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Unlike the national median property tax rate of 0.99%, Carlin boasts a relatively low property tax rate, reflecting the region's more affordable housing market. For homeowners, this means that the tax burden is generally lighter compared to other parts of the country. Specific factors influencing the tax bill include the property's assessed value and any applicable exemptions. For instance, a median home price of $23,406 results in a tax bill that can range from $76 at the 25th percentile to $209 at the 90th percentile. This relatively low tax rate can be a significant advantage for homeowners, making Carlin an attractive location for those looking to minimize their annual property tax expenses while enjoying the benefits of homeownership.
Average Carlin Tax Bill
$127
Average Eureka County Tax Bill
$453
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Carlin, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89822 | $45 | $76 | $127 | $178 | $209 |
Source: Ownwell