West Wendover, Elko County, Nevada Property Taxes
The median property tax rate in West Wendover, NV is 1.25%, notably higher than both the national median of 0.99% and Nevada's state median of 0.80%. With a median home value of $130,032 in West Wendover, the typical annual property tax bill amounts to $1,608, which is below the national median of $2,690. Property taxes in West Wendover are based on the tax-assessed value, often lower than the market value due to exemptions such as those for primary residences and agriculture. By understanding West Wendover's property tax system, exploring available exemptions, and identifying opportunities for reductions, homeowners can achieve significant annual savings. Whether residing in the heart of West Wendover or another area within the city, mastering the local property tax system is advantageous for both homeowners and real estate investors.
Last Updated June 14, 2024
West Wendover, Elko County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$1,625
$1,508
Ownwell’s West Wendover Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Wendover with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Wendover 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 West Wendover, Elko County, Nevada
Property taxes in West Wendover, Nevada, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Wendover is 1.25%, significantly higher than both the Nevada state median and the U.S. national median of 0.99%. Local government entities within West Wendover set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Wendover 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 West Wendover’s effective property tax rate to other counties in Nevada and the national median. For comparison, the zip code 89883 has the highest median property tax rate of 1.25%, while the same zip code also has the lowest median tax rate of 1.25%. Understanding how these areas compare with West Wendover 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 West Wendover Tax Rate
1.25%
Average Elko County Tax Rate
0.92%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Wendover, Elko County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89883 | 1.17% | 1.20% | 1.25% | 1.29% | 1.35% |
Source: Ownwell
Property Tax Assessment Values Across West Wendover, Elko County, Nevada
In West Wendover, 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 West Wendover, 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 West Wendover helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in West Wendover is $130,032, with median tax bills ranging from $1,279 at the 25th percentile to $3,087 at the 90th percentile. The highest and lowest median tax bills are both $1,608 in the 89883 zip code.
Property Tax Assessment Values Across West Wendover, Elko County, Nevada
Source: Ownwell
$19,289
$149,313
$279,337
Average West Wendover Assessed Value
$130,032
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 West Wendover, Elko County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89883 | $78,812 | $100,829 | $130,032 | $188,821 | $255,574 |
Source: Ownwell
Property Tax Bills Across West Wendover, Elko County, Nevada
In West Wendover, located in Elko County, NV, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and represents a percentage of the property's market value. Once the assessed value is established, it is multiplied by the local property tax rate to determine the annual tax bill. For homeowners in West Wendover, the median home price is $130,032. Property tax bills can vary significantly, with the 25th percentile at $1,279 and the 75th percentile reaching $2,298. The 90th percentile tax bill can go as high as $3,087. These figures indicate that while some homeowners may pay relatively modest taxes, others could face higher bills depending on their property's assessed value and specific circumstances. Compared to the national median property tax rate of 0.99%, West Wendover's rates can lead to a diverse range of tax bills, impacting homeowners differently based on their property's assessed value.
Average West Wendover Tax Bill
$1,608
Average Elko County Tax Bill
$1,397
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across West Wendover, Elko County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89883 | $1,030 | $1,279 | $1,608 | $2,298 | $3,087 |
Source: Ownwell