Unionville, Nevada Property Taxes
The median property tax rate in Unionville, NV is 0.97%, slightly lower than the national median of 0.99% but still higher than the Nevada state median of 0.80%. With the median home value in Unionville at $59,999, the typical annual property tax bill is $584, which is significantly less than the national median of $2,690. Property taxes in Unionville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Unionville'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 Unionville 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
Unionville, 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 Unionville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Unionville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Unionville 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 Unionville, Nevada
Property taxes in Unionville, Nevada, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Unionville is 0.97%, slightly lower than the U.S. national median of 0.99%. Local government entities within Unionville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Unionville 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 Unionville's effective property tax rate to other counties in Nevada and the national median. For comparison, the 89418 zip code has both the highest and lowest median property tax rate of 0.97%. Understanding how these cities compare with Unionville provides valuable insights into the varying tax landscape across Pershing County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Unionville Tax Rate
0.97%
Average Pershing County Tax Rate
1.11%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Unionville, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89418 | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
Source: Ownwell
Property Tax Assessment Values Across Unionville, Nevada
In Unionville, 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 Pershing 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 Unionville, 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. Unionville residents should note that the median home price is $59,999. The median tax bill in the zip code 89418 is $584, which is consistent across the 25th, 75th, and 90th percentiles. 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 Unionville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Unionville Assessed Value
$59,999
Average Pershing County Assessed Value
$15,347
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Unionville, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89418 | $59,999 | $59,999 | $59,999 | $59,999 | $59,999 |
Source: Ownwell
Property Tax Bills Across Unionville, Nevada
In Unionville, located in Pershing County, NV, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. For example, with a median home price of $59,999, the tax rate is applied to determine the annual tax bill. The median property tax rate in Unionville is 0.99%, which aligns with the national median property tax rate. This means homeowners can expect to pay around $584 annually in property taxes, which is consistent across various percentiles, including the 25th, 75th, and 90th percentiles. Several factors influence the tax bill, including property size, location, and improvements. These taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding how these taxes are calculated helps in financial planning and recognizing the value of the services funded through their contributions. The uniformity in tax bills within Unionville provides a predictable expense for homeowners, aiding in better budgeting and financial stability.
Average Unionville Tax Bill
$584
Average Pershing County Tax Bill
$172
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Unionville, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89418 | $584 | $584 | $584 | $584 | $584 |
Source: Ownwell