Carson City, Nevada Property Taxes
The median property tax rate in Carson City, NV is 1.07%, which is considerably higher than both the national median of 0.99% and the Nevada state median of 0.80%. With a median home value of $215,151, the typical annual property tax bill in Carson City reaches $2,300, slightly below the national median of $2,690. Property taxes in Carson City are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Carson City'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 Carson City 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
Carson City, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.07%
Estimate Property Tax Bill
$2,302
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, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Carson City is 1.07%, higher 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 areas in Nevada and the national median. For comparison, the 89705 zip code has the highest median property tax rate of 1.07%, while the 89701 zip code has the lowest median tax rate of 0.75%. Understanding how these cities compare with Carson City provides valuable insights into the varying tax landscape across Douglas County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson City Tax Rate
1.07%
Average Douglas County Tax Rate
0.99%
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 |
---|---|---|---|---|---|
89701 | 0.72% | 0.73% | 0.75% | 0.84% | 0.99% |
89705 | 0.87% | 1.00% | 1.07% | 1.16% | 1.27% |
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 Douglas 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 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. For example, the highest median tax bill in the area is $4,106 in the 89701 zip code, while the lowest median tax bill is $2,298 in the 89705 zip code.
Average Carson City Assessed Value
$215,151
Average Douglas County Assessed Value
$246,243
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 |
---|---|---|---|---|---|
89701 | $329,098 | $469,229 | $567,790 | $642,979 | $741,042 |
89705 | $94,237 | $119,683 | $214,960 | $257,983 | $421,565 |
Source: Ownwell
Property Tax Bills Across Carson City, Nevada
In Carson City, NV (Douglas County), property tax bills are calculated based on the assessed value of a property, which is determined by the county assessor. This value is a percentage of the property's market value. The tax rate in Carson City is then applied to this assessed value to determine the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Carson City experience varying tax bills depending on these factors. For instance, the median home price is $215,151, and the property tax rates can result in tax bills ranging from $1,505 at the 25th percentile to $2,835 at the 75th percentile. At the 90th percentile, tax bills can go up to $4,684. The highest median tax bill in the area is $4,106 in the 89701 zip code, while the lowest median tax bill is $2,298 in the 89705 zip code. These property taxes directly impact homeowners' annual expenses, influencing their overall cost of living.
Average Carson City Tax Bill
$2,300
Average Douglas County Tax Bill
$2,529
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 |
---|---|---|---|---|---|
89701 | $2,949 | $3,535 | $4,106 | $4,790 | $5,578 |
89705 | $1,163 | $1,504 | $2,298 | $2,834 | $4,683 |
Source: Ownwell