Eureka County Property Taxes
The median property tax rate in Eureka County is 0.62%, which is significantly lower than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Eureka County, the typical annual property tax bill is $453, a figure well below the national median of $2,690. Property taxes in Eureka County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Eureka County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Eureka or another part of Eureka County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Eureka County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.62%
Estimate Property Tax Bill
$457
$424
Ownwell’s Eureka Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Eureka with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Eureka to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Eureka County, Nevada
Property taxes in Eureka County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Eureka County is 0.62%, which is lower than the U.S. national median of 0.99%. Local government entities within Eureka County set these rates annually, and they can vary significantly between different areas within the county. Each year, Eureka County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Beowawe has one of the higher property tax rates in the area at 0.64%, while the city of Carlin boasts one of the lowest at 0.51%. Analyzing how Eureka County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Eureka County Tax Rate
0.62%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Eureka County, Nevada
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beowawe | 0.44% | 0.51% | 0.64% | 0.78% | 0.86% |
| Carlin | 0.47% | 0.49% | 0.51% | 0.53% | 0.54% |
| Crescent Valley | 0.50% | 0.56% | 0.61% | 0.70% | 0.90% |
| Eureka | 0.50% | 0.58% | 0.62% | 0.73% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Eureka County, Nevada
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Eureka County. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Eureka County Appraisal District. The assessed value, however, 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. Assessment notices in Eureka County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Eureka has the highest median tax bill at $656, while Carlin has the lowest at $127. Being aware of these valuation processes in Eureka County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Eureka County Assessed Value
$73,754
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Eureka County, Nevada
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beowawe | $34,279 | $45,780 | $64,949 | $216,418 | $307,300 |
| Carlin | $8,948 | $14,370 | $23,406 | $32,441 | $37,863 |
| Crescent Valley | $9,257 | $14,889 | $32,320 | $75,058 | $163,991 |
| Eureka | $29,664 | $52,482 | $114,154 | $230,598 | $415,008 |
Source: Ownwell
Property Tax Bills Across Eureka County, Nevada
In Eureka County, NV, property tax bills are calculated based on the assessed value of your home, which is derived from a percentage of the market value. The county uses this assessed value to determine your tax liability by applying the local property tax rate. Various factors influence the assessed value, including the home's size, age, location, and any improvements made. Homeowners in Eureka County can expect a wide range of tax bills. For instance, the 25th percentile tax bill is around $200, while the 75th percentile reaches approximately $1,067. At the 90th percentile, the tax bill can go up to $2,307. Comparatively, the median property tax bill in Eureka is $656, which is significantly lower than the national median property tax rate of 0.99%. The lowest median tax bill in the county is found in Carlin at $127, while the highest is in Eureka city at $656. These variations can significantly affect homeowners' financial planning and budgeting.
Average Eureka County Tax Bill
$453
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Eureka County, Nevada
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Beowawe | $165 | $260 | $418 | $1,889 | $2,771 |
| Carlin | $45 | $76 | $127 | $178 | $209 |
| Crescent Valley | $54 | $97 | $228 | $464 | $955 |
| Eureka | $185 | $346 | $656 | $1,392 | $2,825 |
Source: Ownwell