Carson City, Nevada Property Taxes
The median property tax rate in Carson City, NV is 0.90%, slightly below the national median of 0.99% but above the Nevada state median of 0.80%. With a median home value of $405,488, the typical annual property tax bill in Carson City reaches $4,196, significantly higher than the national median of $2,690. Property taxes in Carson City are calculated based on the assessed value, which often falls below market value due to exemptions such as primary residence and agricultural exemptions. Understanding Carson City’s property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Carson City or another part of the city, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carson City, 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 Carson City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carson City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carson City 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 Carson City, Nevada
Property taxes in Carson City, Nevada, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carson City is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Carson City set these rates annually, and they can vary significantly across different neighborhoods. Each year, Carson City 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 Carson City's effective property tax rate to other counties in Nevada and the national median. For comparison, the 89703 zip code has the highest median property tax rate of 0.90%, while the same zip code also has the lowest median tax rate of 0.90%. Understanding how these areas compare with Carson City provides valuable insights into the varying tax landscape across Washoe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson City Tax Rate
0.90%
Average Washoe County Tax Rate
1.13%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carson City, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89703 | 0.78% | 0.82% | 0.90% | 1.08% | 1.13% |
Source: Ownwell
Property Tax Assessment Values Across Carson City, Nevada
In Carson City, 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 Washoe 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 Carson City, 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 Carson City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Carson City is 89703, with a median tax bill of $4,196. Conversely, the zip code with the lowest median tax bill is also 89703, with the same value.
Average Carson City Assessed Value
$405,488
Average Washoe County Assessed Value
$201,928
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carson City, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89703 | $319,516 | $344,863 | $405,488 | $669,574 | $752,190 |
Source: Ownwell
Property Tax Bills Across Carson City, Nevada
In Carson City, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. Several factors influence this valuation, including the home's location, size, and condition. For instance, the median home price in Carson City is $405,488. The property tax rate in Carson City is influenced by the local tax rate and the specific needs of the county. Homeowners in Carson City can expect tax bills that vary significantly. For example, the 25th percentile tax bill is $3,046, while the 75th percentile reaches $6,370, and the 90th percentile can go up to $7,632. The highest median tax bill in Carson City is $4,196, found in the 89703 zip code, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund essential public services such as schools, emergency services, and infrastructure, making them a crucial aspect of homeownership in Carson City.
Average Carson City Tax Bill
$4,196
Average Washoe County Tax Bill
$2,401
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Carson City, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89703 | $2,744 | $3,046 | $4,196 | $6,370 | $7,632 |
Source: Ownwell