Carson City, Nevada Property Taxes
The median property tax rate in Carson City, NV is 0.60%, which is lower than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Carson City at $388,558, the typical annual property tax bill amounts to $2,164, falling below the national median of $2,690. Property taxes in Carson City are calculated based on the assessed value, which is often less than the market value thanks to various exemptions such as the primary residence and agricultural exemptions. Understanding Carson City'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 Carson City or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Carson City, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.6%
Estimate Property Tax Bill
$2,331
Ownwell’s Carson City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Carson City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Carson City 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 Carson City, Nevada
Property taxes in Carson City, Nevada, are essential in funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Carson City is 0.60%, which is lower than the U.S. national median of 0.99%. Local government entities within Carson City set these rates annually, and they can vary across different neighborhoods. Each year, Carson City 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 Carson City's effective property tax rate to other areas in Nevada and the national median. For comparison, the zip code 89706 has both the highest and lowest median property tax rate of 0.60%. Understanding how these areas compare with Carson City provides valuable insights into the varying tax landscape across Lyon County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Carson City Tax Rate
0.60%
Average Lyon County Tax Rate
0.69%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Carson City, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89706 | 0.43% | 0.47% | 0.60% | 0.69% | 0.87% |
Source: Ownwell
Property Tax Assessment Values Across Carson City, Nevada
In Carson City, 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 local 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. Assessment notices in Carson City 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 Carson City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 89706 at $2,164, which is also the lowest median tax bill in the area.
Average Carson City Assessed Value
$388,558
Average Lyon County Assessed Value
$272,527
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Carson City, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89706 | $112,631 | $313,102 | $388,558 | $432,680 | $495,570 |
Source: Ownwell
Property Tax Bills Across Carson City, Nevada
In Carson City, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. The assessed value is typically a percentage of the property's market value. For homeowners in Carson City, the median home price stands at $388,558. Property tax rates are applied to this assessed value to generate the annual tax bill. Several factors influence the final tax bill, including property location, home size, and any applicable exemptions. For instance, within zip code 89706, homeowners face a median tax bill of $2,164. Across different percentiles, tax bills vary significantly: the 25th percentile sees bills around $1,642, while the 75th percentile reaches $2,696, and the 90th percentile climbs to $3,659. Understanding these variations is essential for homeowners, as property taxes directly impact annual household budgets. Compared to the national median property tax rate of 0.99%, Carson City's rates can vary, making it crucial for homeowners to stay informed about their specific tax obligations.
Average Carson City Tax Bill
$2,164
Average Lyon County Tax Bill
$1,773
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Carson City, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89706 | $899 | $1,642 | $2,164 | $2,696 | $3,659 |
Source: Ownwell