Wellington, Lyon County, Nevada Property Taxes
Median Wellington, NV effective property tax rate: 0.91%, significantly lower than the national median of 1.02%, but higher than the Nevada state median of 0.80%.
Median Wellington, NV home value: $318,782
Median annual Wellington, NV tax bill: $2,910, $510 higher than the national median property tax bill of $2,400.
How are property taxes in Lyon County calculated?
Property taxes in Wellington, NV are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Wellington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wellington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wellington, Lyon County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.91%
Estimate Property Tax Bill
$2,901
$2,692
Property Tax Rates Across Wellington, Lyon County, Nevada
Local government entities in Nevada set property tax rates, which can vary significantly across the state. Each year, counties estimate the budget necessary to provide essential services, dividing this figure by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and regulations influence these rates and budgets, this process essentially outlines how rates are determined annually.
In Wellington, located in Lyon County, the effective property tax rate is 0.91%, which aligns with the highest and lowest rates in the state, both found in the 89444 zip code. This rate is below the national median property tax rate of 1.02%, offering potential savings for homeowners compared to the national average. With the national median property tax bill at $2400, Wellington residents might find their property tax bills more manageable. By comparing Wellington's property tax rate to other cities in Nevada and the U.S., homeowners can better understand their tax obligations and explore opportunities for appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wellington Tax Rate
0.91%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lyon County Tax Rate
0.69%
Median Effective Nevada Tax Rate
0.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wellington, Lyon County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89444 | 0.65% | 0.77% | 0.91% | 1.06% | 1.17% |
Source: Ownwell
Property Tax Assessment Values Across Wellington, Lyon County, Nevada
When examining property taxes in Wellington, NV, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lyon County Assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Lyon County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Wellington. For example, the median home price in Wellington is $318,782, with tax bills ranging significantly across the county. Zip code 89444 has the highest median home price at $318,782.
Property Tax Assessment Values Across Wellington, Lyon County, Nevada
Source: Ownwell
$46,535
$217,547
$388,558
Median Wellington Market Value
$318,782
Median Lyon County Market Value
$272,527
Median Nevada Market Value
$225,374
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wellington, Lyon County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89444 | $125,617 | $213,326 | $318,782 | $424,090 | $515,176 |
Source: Ownwell
Property Tax Bills Across Wellington, Lyon County, Nevada
In Wellington, located in Lyon County, NV, property tax bills are calculated based on the assessed value of a home, which is determined as a percentage of the market value. With a median home price of $318,782, homeowners can expect property tax bills that vary significantly. For instance, the tax bill at the 25th percentile is $1,815, while at the 75th percentile, it rises to $4,012, and at the 90th percentile, it reaches $5,292. This variability can impact homeowners' finances, especially when compared to the national median property tax bill of $2,400. The property tax rate in Wellington is influenced by local government budgets and public service requirements.
Ownwell assists homeowners by offering property tax appeal and exemption services, potentially lowering these bills. By analyzing property assessments and market trends, Ownwell identifies discrepancies and advocates for fair adjustments. This not only alleviates financial burdens but also ensures homeowners are not overpaying. With Ownwell's expertise, Wellington homeowners can navigate the complexities of property taxes more effectively and achieve substantial savings.
Median Wellington Tax Bill
$2,910
Median Lyon County Tax Bill
$1,773
Median Nevada Tax Bill
$1,782
Median United States Tax Bill
$2,400
Property Tax Bills Across Wellington, Lyon County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89444 | $1,011 | $1,815 | $2,910 | $4,012 | $5,292 |
Source: Ownwell