Mesquite, Nevada Property Taxes
The median property tax rate in Mesquite, NV is 0.79%, slightly lower than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Mesquite at $237,047, the typical annual property tax bill reaches $1,847, which is well below the national median of $2,690. Property taxes in Mesquite 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 Mesquite'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 Mesquite 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
Mesquite, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.79%
Estimate Property Tax Bill
$1,873
Ownwell’s Mesquite Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Mesquite with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Mesquite 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 Mesquite, Nevada
Property taxes in Mesquite, Nevada, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Mesquite is 0.79%, which is lower than both the Nevada state median and the U.S. national median of 0.99%. Local government entities within Mesquite set these rates annually, and they can vary significantly across different neighborhoods. Each year, Mesquite 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 Mesquite's effective property tax rate to other areas in Nevada and the national median. For comparison, the 89034 zip code has the highest median property tax rate of 0.88%, while the 89027 zip code has the lowest median tax rate of 0.76%. Understanding how these areas compare with Mesquite 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 Mesquite Tax Rate
0.79%
Average Clark County Tax Rate
0.74%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Mesquite, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89027 | 0.58% | 0.68% | 0.76% | 0.84% | 0.91% |
| 89034 | 0.79% | 0.84% | 0.88% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Mesquite, Nevada
In Mesquite, 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 Mesquite, 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. For instance, the highest median tax bill in Mesquite is $2,759 in zip code 89034, while the lowest is $1,642 in zip code 89027. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Mesquite Assessed Value
$237,047
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 Mesquite, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89027 | $86,296 | $143,454 | $218,880 | $297,277 | $400,008 |
| 89034 | $79,009 | $262,157 | $312,094 | $388,015 | $456,697 |
Source: Ownwell
Property Tax Bills Across Mesquite, Nevada
In Mesquite, located in Clark County, NV, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the market value determined by the county assessor. This value is then multiplied by the property tax rate to determine the annual tax bill. The median home price in Mesquite is $237,047, which serves as a baseline for many tax calculations. Several factors influence the property tax bill, including the home's location, size, and condition. For instance, in Mesquite, tax bills can range significantly; the 25th percentile tax bill is around $1,003, while the 75th percentile reaches up to $2,688. The 90th percentile tax bill can even go as high as $3,641. The highest median tax bill in the area is $2,759, found in the 89034 zip code, while the lowest is $1,642 in the 89027 zip code. These tax bills impact homeowners by affecting their annual housing costs, which can influence decisions about buying, selling, or investing in property.
Average Mesquite Tax Bill
$1,847
Average Clark County Tax Bill
$1,738
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Mesquite, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89027 | $582 | $951 | $1,642 | $2,333 | $3,243 |
| 89034 | $769 | $2,199 | $2,759 | $3,488 | $4,102 |
Source: Ownwell