Pioche, Nevada Property Taxes
The median property tax rate in Pioche, NV is 1.13%, which is notably higher than both the national median of 0.99% and Nevada's state median of 0.80%. With a median home value of $72,660 in Pioche, the typical annual property tax bill amounts to $753, still below the national median of $2,690. Property taxes in Pioche are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Pioche'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 Pioche or another part of Lincoln County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pioche, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.13%
Estimate Property Tax Bill
$821
$762
Ownwell’s Pioche Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pioche with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pioche to provide an estimate of your property tax bill. This user-friendly tool offers valuable insights into your potential tax liabilities. For those interested in neighborhood-specific trends, scroll down to discover more localized information. Your property’s assessed value is determined by Lincoln County for property tax purposes and includes any applicable exemptions.
Property Tax Rates Across Pioche, Nevada
Property taxes in Pioche, Nevada, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pioche is 1.13%, higher than both the Nevada state median and the U.S. national median of 0.99%. Local government entities within Pioche set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pioche 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 Pioche's effective property tax rate to other counties in Nevada and the national median. For comparison, the zip code 89043 has the highest median property tax rate of 1.13%, while the same zip code also has the lowest median tax rate of 1.13%. Understanding how these cities compare with Pioche provides valuable insights into the varying tax landscape across Lincoln County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pioche Tax Rate
1.13%
Average Lincoln County Tax Rate
1.13%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pioche, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89043 | 0.96% | 1.06% | 1.13% | 1.22% | 1.30% |
Source: Ownwell
Property Tax Assessment Values Across Pioche, Nevada
In Pioche, 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 Lincoln County Assessor 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 Pioche, 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. Pioche's median home price is $72,660, with tax bills ranging from $446 at the 25th percentile to $2,711 at the 90th percentile. The zip code 89043 has both the highest and lowest median tax bill, which is $753. 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 Pioche helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pioche Assessed Value
$72,660
Average Lincoln County Assessed Value
$68,008
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pioche, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89043 | $20,887 | $39,156 | $72,660 | $162,600 | $249,037 |
Source: Ownwell
Property Tax Bills Across Pioche, Nevada
In Pioche, located in Lincoln County, NV, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by the county assessor and is a percentage of the market value of the property. For a typical home with a median price of $72,660, homeowners can expect their property tax bill to vary significantly. The 25th percentile tax bill stands at $446, while the 75th percentile reaches $1,738, and the 90th percentile can go up to $2,711. These figures show a wide range, reflecting differences in property values and applicable exemptions. The property tax rate in Pioche is notably lower than the national median property tax rate of 0.99%. This relatively low rate can be beneficial for homeowners, potentially reducing their annual expenses compared to other regions. However, the exact amount each homeowner pays will depend on various factors, including property value assessments and any eligible exemptions. Understanding these elements is crucial for homeowners to manage their financial planning effectively.
Average Pioche Tax Bill
$753
Average Lincoln County Tax Bill
$767
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Pioche, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89043 | $250 | $446 | $753 | $1,738 | $2,711 |
Source: Ownwell