Nevada City, Nevada County, California Property Taxes
Median Nevada City, CA effective property tax rate: 1.10%, significantly higher than the national median of 1.02%, but lower than the California state median of 1.21%.
Median Nevada City, CA home value: $360,696
Median annual Nevada City, CA tax bill: $4,031, $1,631 higher than the national median property tax bill of $2,400.
How are property taxes in Nevada County calculated?
Property taxes in Nevada City, CA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Nevada City’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nevada City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nevada City, Nevada County, California Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.1%
Estimate Property Tax Bill
$3,968
$3,682
Property Tax Rates Across Nevada City, Nevada County, California
Local government entities set tax rates, which can vary widely within a state. This variability is due to each county's annual estimation of its required budget for services, which is then divided by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental process.
In Nevada City, located in Nevada County, CA, the effective property tax rate stands out in comparison to other cities within the state. The median property tax rate in California is slightly higher than the national median property tax rate of 1.02%. This positions Nevada City at a notable point of interest for property owners. Understanding these differences can be crucial for property owners seeking to manage their expenses effectively. By comparing Nevada City's tax rate to the state and national medians, property owners can gain insights into their own tax obligations and explore potential savings through appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Nevada City Tax Rate
1.10%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Nevada County Tax Rate
1.16%
Median Effective California Tax Rate
1.21%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Nevada City, Nevada County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95959 | 1.05% | 1.07% | 1.10% | 1.14% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Nevada City, Nevada County, California
When examining property taxes in Nevada City, CA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Nevada County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Nevada County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Nevada City. For example, the median home price in Nevada City is $360,696, with tax bills ranging significantly across the county. Zip code 95959 has the highest median home price at $360,696.
Property Tax Assessment Values Across Nevada City, Nevada County, California
Source: Ownwell
$181,896
$354,322
$526,747
Median Nevada City Market Value
$360,696
Median Nevada County Market Value
$380,629
Median California Market Value
$378,421
Median United States Market Value
$235,294
Property Tax Assessment Values Across Nevada City, Nevada County, California
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95959 | $120,279 | $217,960 | $360,696 | $535,899 | $749,906 |
Source: Ownwell
Property Tax Bills Across Nevada City, Nevada County, California
Median Nevada City Tax Bill
$4,031
Median Nevada County Tax Bill
$4,722
Median California Tax Bill
$4,683
Median United States Tax Bill
$2,400
Property Tax Bills Across Nevada City, Nevada County, California
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 95959 | $1,450 | $2,493 | $4,031 | $5,939 | $8,240 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
|---|
Links | |
|---|---|
| Nevada Tax Assessor | |
| Website | common2.mptsweb.com |