Jarbidge, Elko County, Nevada Property Taxes
The median property tax rate in Jarbidge, NV is 0.87%, slightly below the national median of 0.99% but above Nevada's state median of 0.80%. With a median home value of $24,526 in Jarbidge, the typical annual property tax bill amounts to $216, which is significantly lower than the national median of $2,690. Property taxes in Jarbidge are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Jarbidge's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Jarbidge or another part of Elko County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Jarbidge, Elko County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.87%
Estimate Property Tax Bill
$213
$198
Ownwell’s Jarbidge Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Jarbidge with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Jarbidge 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 Jarbidge, Elko County, Nevada
Property taxes in Jarbidge, Nevada, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Jarbidge is 0.87%, which is lower than the U.S. national median of 0.99%. Local government entities within Jarbidge set these rates annually, and they can vary significantly across different neighborhoods. Each year, Jarbidge 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 Jarbidge's effective property tax rate to other counties in Nevada and the national median. For comparison, the 89826 zip code has the highest median property tax rate of 0.87%, while the same zip code also has the lowest median tax rate of 0.87%. Understanding how these cities compare with Jarbidge provides valuable insights into the varying tax landscape across Elko County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Jarbidge Tax Rate
0.87%
Average Elko County Tax Rate
0.92%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Jarbidge, Elko County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89826 | 0.82% | 0.84% | 0.87% | 0.88% | 0.90% |
Source: Ownwell
Property Tax Assessment Values Across Jarbidge, Elko County, Nevada
In Jarbidge, 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 Elko 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 Jarbidge, 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 Jarbidge helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $216, found in the 89826 zip code.
Property Tax Assessment Values Across Jarbidge, Elko County, Nevada
Source: Ownwell
$19,289
$149,313
$279,337
Average Jarbidge Assessed Value
$24,526
Average Elko County Assessed Value
$142,560
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Jarbidge, Elko County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89826 | $7,961 | $14,758 | $24,526 | $54,493 | $89,241 |
Source: Ownwell
Property Tax Bills Across Jarbidge, Elko County, Nevada
In Jarbidge, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Jarbidge is $24,526, and the property tax rate in this region is significantly lower than the national median property tax rate of 0.99%. Homeowners in Jarbidge can expect tax bills that vary widely. For instance, the 25th percentile tax bill is around $130, while the 75th percentile tax bill reaches $473. At the 90th percentile, tax bills can go up to $868. These variations are influenced by factors such as property location, size, and any applicable exemptions or appeals. The highest median tax bill recorded in the area is $216 in the zip code 89826, which is consistent across the region. Understanding these factors can help homeowners anticipate their property tax obligations and manage their finances more effectively.
Average Jarbidge Tax Bill
$216
Average Elko County Tax Bill
$1,397
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Jarbidge, Elko County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89826 | $68 | $130 | $216 | $473 | $868 |
Source: Ownwell