Logandale, Nevada Property Taxes
The median property tax rate in Logandale, NV is 0.77%, slightly lower than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Logandale being $214,380, the typical annual property tax bill amounts to $1,546, which is below the national median of $2,690. Property taxes in Logandale are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Logandale'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 Logandale 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
Logandale, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$1,651
Ownwell’s Logandale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Logandale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Logandale 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 Logandale, Nevada
Property taxes in Logandale, Nevada, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Logandale is 0.77%, which is lower than the U.S. national median of 0.99%. Local government entities within Logandale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Logandale 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 Logandale's effective property tax rate to other areas in Nevada and the national median. For comparison, the 89021 zip code has both the highest and lowest median property tax rate of 0.77%. Understanding how these areas compare with Logandale provides valuable insights into the varying tax landscape across Clark County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Logandale Tax Rate
0.77%
Average Clark County Tax Rate
0.74%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Logandale, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89021 | 0.60% | 0.66% | 0.77% | 0.87% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Logandale, Nevada
In Logandale, 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 Clark 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 Logandale, 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 Logandale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, zip code 89021 has the highest and lowest median tax bill at $1,546.
Average Logandale Assessed Value
$214,380
Average Clark County Assessed Value
$236,629
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Logandale, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89021 | $66,786 | $118,126 | $214,380 | $355,842 | $493,143 |
Source: Ownwell
Property Tax Bills Across Logandale, Nevada
In Logandale, property tax bills are calculated based on the assessed value of a home, which is determined by the Clark County Assessor's Office. This assessed value typically represents a fraction of the market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $214,380, homeowners can expect varying tax bills depending on their property's specific assessment and applicable tax rates. Factors influencing the tax bill include the property's location, size, and any applicable exemptions. In Logandale, the tax bill at the 25th percentile is approximately $973, while it rises to $2,485 at the 75th percentile and $3,487 at the 90th percentile. Comparing these figures to the national median property tax rate of 0.99%, Logandale's tax burden can be seen as relatively moderate. Understanding these components helps homeowners anticipate their financial obligations and plan accordingly.
Average Logandale Tax Bill
$1,546
Average Clark County Tax Bill
$1,738
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Logandale, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89021 | $550 | $973 | $1,546 | $2,485 | $3,487 |
Source: Ownwell