Pershing County Property Taxes
The median property tax rate in Pershing County is 1.11%, which is significantly higher than both the national median of 0.99% and the Nevada state median of 0.80%. With the median home value in Pershing County, the typical annual property tax bill reaches $172, which is considerably lower than the national median of $2,690. Property taxes in Pershing County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Pershing 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 Lovelock or another part of Pershing County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pershing County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.11%
Estimate Property Tax Bill
$170
$158
Ownwell’s Pershing County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pershing County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Pershing 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 Pershing County, Nevada
Property taxes in Pershing County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Pershing County is 1.11%, which is higher than the U.S. national median of 0.99%. Local government entities within Pershing County set these rates annually, and they can vary significantly between different areas within the county. Each year, Pershing 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 Pershing County's effective property tax rate with other areas and the national median. For comparison, the city of Imlay has one of the higher property tax rates in the region at 1.16%, while the city of Mill City boasts one of the lowest at 0.75%. Analyzing how Pershing County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Pershing County Tax Rate
1.11%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pershing County, Nevada
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Imlay | 0.79% | 0.98% | 1.16% | 1.52% | 1.88% |
Lovelock | 0.87% | 0.87% | 1.09% | 1.49% | 1.71% |
Mill City | 0.75% | 0.75% | 0.75% | 0.75% | 0.75% |
Unionville | 0.97% | 0.97% | 0.97% | 0.97% | 0.97% |
Winnemucca | 0.83% | 1.03% | 1.14% | 1.30% | 1.50% |
Source: Ownwell
Property Tax Assessment Values Across Pershing County, Nevada
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Pershing County, NV. 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 Pershing 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 Pershing 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, the city of Winnemucca has the highest median tax bill at $837, while Imlay has the lowest at $471. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average Pershing County Assessed Value
$15,347
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Pershing County, Nevada
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Imlay | $10,701 | $21,575 | $33,582 | $79,267 | $165,219 |
Lovelock | $5,347 | $5,347 | $6,847 | $62,368 | $140,718 |
Mill City | $8,291 | $8,291 | $8,291 | $8,291 | $8,291 |
Unionville | $59,999 | $59,999 | $59,999 | $59,999 | $59,999 |
Winnemucca | $23,716 | $35,438 | $76,825 | $130,046 | $192,295 |
Source: Ownwell
Property Tax Bills Across Pershing County, Nevada
In Pershing County, NV, property tax bills are determined based on the assessed value of a property, which is a fraction of its market value. The assessed value is then multiplied by the local tax rate to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. For instance, the median home price in Pershing County is $15,347, which is significantly lower than the national median. Consequently, tax bills in this region can vary widely. Homeowners in Pershing County experience a range of tax bills, with the 25th percentile at $46 and the 75th percentile at $1,000. The 90th percentile tax bill reaches $1,726, indicating that some properties have significantly higher values or are subject to additional taxes. The city of Winnemucca has the highest median tax bill at $837, while Imlay has the lowest at $471. These variations in tax bills can impact homeowners' financial planning and housing affordability.
Average Pershing County Tax Bill
$172
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690
Property Tax Bills Across Pershing County, Nevada
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Imlay | $95 | $282 | $471 | $916 | $1,729 |
Lovelock | $46 | $46 | $91 | $857 | $1,650 |
Mill City | $62 | $62 | $62 | $62 | $62 |
Unionville | $584 | $584 | $584 | $584 | $584 |
Winnemucca | $256 | $481 | $837 | $1,417 | $2,084 |
Source: Ownwell