Beatty, Nevada Property Taxes
The median property tax rate in Beatty, NV is 1.17%, considerably higher than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Beatty at $32,958, the typical annual property tax bill reaches $361, which is below the national median of $2,690. Property taxes in Beatty 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 Beatty'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 Beatty 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
Beatty, 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 Beatty Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Beatty with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Beatty to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Beatty, Nevada
Property taxes in Beatty, Nevada, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Beatty is 1.17%, higher than both the Nevada state median and the U.S. national median of 0.99%. Local government entities within Beatty set these rates annually, and they can vary significantly across different neighborhoods. Each year, Beatty 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 Beatty's effective property tax rate to other counties in Nevada and the national median. For comparison, the 89003 zip code has the highest median property tax rate of 1.17%, while the 89003 zip code also has the lowest median tax rate of 1.17%. Understanding how these cities compare with Beatty provides valuable insights into the varying tax landscape across Nye County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Beatty Tax Rate
1.17%
Average Nye County Tax Rate
0.90%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Beatty, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89003 | 0.87% | 1.03% | 1.17% | 1.34% | 1.59% |
Source: Ownwell
Property Tax Assessment Values Across Beatty, Nevada
In Beatty, 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 Nye County Assessor 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 Beatty, 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. The median home price in Beatty is $32,958, with tax bills ranging from $182 at the 25th percentile to $1,080 at the 90th percentile. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Beatty Assessed Value
$32,958
Average Nye County Assessed Value
$128,622
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Beatty, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89003 | $8,227 | $15,456 | $32,958 | $69,048 | $101,821 |
Source: Ownwell
Property Tax Bills Across Beatty, Nevada
In Beatty, located in Nye County, NV, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Beatty is $32,958. Property tax rates in this area are relatively low compared to the national median property tax rate of 0.99%. Homeowners in Beatty can expect tax bills that vary significantly, with the 25th percentile tax bill at $182 and the 75th percentile tax bill at $681. At the 90th percentile, tax bills can reach up to $1,080. The highest and lowest median tax bills in Beatty both are $361, indicating a consistent tax rate across different properties. These property tax bills are influenced by several factors including the home's assessed value, local tax rates, and applicable exemptions. For homeowners, understanding these factors is crucial as they directly impact the annual financial obligations tied to their property.
Average Beatty Tax Bill
$361
Average Nye County Tax Bill
$1,034
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Beatty, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89003 | $107 | $182 | $361 | $681 | $1,080 |
Source: Ownwell