Nye County, Nevada Property Taxes
The median property tax rate in Nye County is 0.90%, which is lower than the national median of 0.99% but higher than Nevada's state median of 0.80%. With a median home value of $128,622, the typical annual property tax bill in Nye County is $1,034, significantly below the national median of $2,690. Property taxes here are calculated based on the assessed value, which is typically lower than the market value due to various property tax exemptions, such as primary residence and agricultural exemptions. Understanding Nye 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 Pahrump or another part of Nye County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Nye County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.9%
Estimate Property Tax Bill
$1,158
$1,074
Ownwell’s Nye County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Nye County with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Nye County 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 Nye County, Nevada
Property taxes in Nye County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Nye County is 0.90%, which is lower than the U.S. national median of 0.99%. Local government entities within Nye County set these rates annually, and they can vary significantly between different areas within the county. Each year, Nye 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. The following data compares Nye County's effective property tax rate with other regions in Nevada and the national median. For comparison, the city of Amargosa Valley has one of the higher property tax rates in Nevada at 1.28%, while the city of Pahrump boasts one of the lowest at 0.85%. Analyzing how Nye County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Nye County Tax Rate
0.90%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Nye County, Nevada
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amargosa Valley | 1.06% | 1.19% | 1.28% | 1.39% | 1.62% |
| Beatty | 0.87% | 1.03% | 1.17% | 1.34% | 1.59% |
| Crystal | 0.86% | 1.06% | 1.14% | 1.26% | 1.36% |
| Gabbs | 0.78% | 0.87% | 1.09% | 1.44% | 2.07% |
| Manhattan | 0.73% | 1.02% | 1.19% | 1.40% | 1.73% |
| Pahrump | 0.68% | 0.75% | 0.85% | 1.10% | 1.24% |
| Round Mountain | 0.63% | 0.94% | 1.17% | 1.31% | 1.42% |
| Tonopah | 0.85% | 1.04% | 1.17% | 1.26% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Nye County, Nevada
In Nye County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. 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 Nye 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 Nye 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, Pahrump has the highest median tax bill at $1,152, while Manhattan has the lowest at $199. Being aware of these valuation processes in Nye County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Nye County Assessed Value
$128,622
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Nye County, Nevada
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amargosa Valley | $11,411 | $21,953 | $40,045 | $83,517 | $163,377 |
| Beatty | $8,227 | $15,456 | $32,958 | $69,048 | $101,821 |
| Crystal | $12,204 | $18,459 | $41,898 | $79,532 | $129,172 |
| Gabbs | $3,829 | $7,910 | $24,654 | $35,250 | $49,415 |
| Manhattan | $4,039 | $8,363 | $18,364 | $38,208 | $100,834 |
| Pahrump | $29,810 | $78,750 | $147,609 | $227,475 | $299,130 |
| Round Mountain | $14,475 | $22,541 | $53,611 | $95,216 | $152,538 |
| Tonopah | $9,386 | $22,161 | $47,780 | $81,182 | $136,356 |
Source: Ownwell
Property Tax Bills Across Nye County, Nevada
In Nye County, NV, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The median home price in the county is $128,622. Local tax authorities determine the tax rate, which is then applied to the assessed value to calculate the annual tax bill. Various factors influence this calculation, including property location, improvements, and local government budgets. For homeowners in Nye County, tax bills can vary significantly. The 25th percentile tax bill is $524, while the 75th percentile reaches $1,737. At the 90th percentile, homeowners might pay as much as $2,656. The city of Pahrump has the highest median tax bill at $1,152, whereas Manhattan has the lowest at $199. These variations can impact homeowners' financial planning, making it essential to understand how local property taxes are assessed and how they compare to the national median property tax rate of 0.99%.
Average Nye County Tax Bill
$1,034
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Nye County, Nevada
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Amargosa Valley | $158 | $281 | $497 | $1,034 | $1,856 |
| Beatty | $107 | $182 | $361 | $681 | $1,080 |
| Crystal | $167 | $245 | $438 | $836 | $1,378 |
| Gabbs | $65 | $112 | $238 | $342 | $514 |
| Manhattan | $59 | $107 | $199 | $402 | $1,241 |
| Pahrump | $329 | $658 | $1,152 | $1,861 | $2,766 |
| Round Mountain | $174 | $266 | $549 | $969 | $1,432 |
| Tonopah | $113 | $251 | $541 | $908 | $1,343 |
Source: Ownwell