Tonopah, Nye County, Nevada Property Taxes
Median Tonopah, NV effective property tax rate: 1.17%, significantly higher than the national median of 1.02%, but lower than the Nevada state median of 0.80%.
Median Tonopah, NV home value: $47,780
Median annual Tonopah, NV tax bill: $541, $1,859 lower than the national median property tax bill of $2,400.
How are property taxes in Nye calculated?
Property taxes in Tonopah, 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 Tonopah’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tonopah, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Tonopah, Nye County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.17%
Estimate Property Tax Bill
$559
$519
Ownwell’s Tonopah Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tonopah with just two data points.
By entering your property's estimated assessed value, our calculator applies Tonopah’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Nye County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Tonopah, Nye County, Nevada
Local government entities determine property tax rates, which can vary significantly within Nevada. Each county, including Nye, estimates its budget for essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This calculation forms the basis of the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the core process followed annually.
Tonopah, located in Nye County, has an effective property tax rate that aligns with the highest and lowest rates in the area, reflecting the county's consistent approach to taxation. When compared to the national median property tax rate of 1.02%, Nevada's median rate of 1.17% is slightly higher, indicating a more substantial investment in local services and infrastructure. However, Nevada's rates remain competitive, offering a balance between necessary public funding and taxpayer affordability. Understanding these local nuances can help property owners make informed decisions and potentially identify opportunities for tax 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 Tonopah Tax Rate
1.17%
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 Nye County Tax Rate
0.90%
Median Effective Nevada Tax Rate
0.80%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Tonopah, Nye County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89049 | 0.85% | 1.04% | 1.17% | 1.26% | 1.42% |
Source: Ownwell
Property Tax Assessment Values Across Tonopah, Nye County, Nevada
When examining property taxes in Tonopah, 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 trends. The Nye County Assessor's Office 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 Nye 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 Tonopah.
For example, the median home price in Tonopah is $47,780, with tax bills ranging significantly across the county. Zip code 89049 has the highest median home price at $47,780.
Property Tax Assessment Values Across Tonopah, Nye County, Nevada
Source: Ownwell
$18,364
$117,547
$216,729
Median Tonopah Market Value
$47,780
Median Nye County Market Value
$128,622
Median Nevada Market Value
$225,374
Median United States Market Value
$235,294
Property Tax Assessment Values Across Tonopah, Nye County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89049 | $9,386 | $22,161 | $47,780 | $81,182 | $136,356 |
Source: Ownwell
Property Tax Bills Across Tonopah, Nye County, Nevada
Median Tonopah Tax Bill
$541
Median Nye County Tax Bill
$1,034
Median Nevada Tax Bill
$1,782
Median United States Tax Bill
$2,400
Property Tax Bills Across Tonopah, Nye County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89049 | $113 | $251 | $541 | $908 | $1,343 |
Source: Ownwell