Sparks, Storey County, Nevada Property Taxes

Name: Property Tax Bills Across Sparks, Storey County, Nevada
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Sparks, NV effective property tax rate: 0.65%, significantly lower than the national median of 1.02%, but lower than the Nevada state median of 0.80%.
Median Sparks, NV home value: $149,648
Median annual Sparks, NV tax bill: $998, $1,402 lower than the national median property tax bill of $2,400.

How are property taxes in Storey County calculated?

Property taxes in Sparks, 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 Sparks’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sparks, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sparks, Storey County, Nevada Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.65%

Estimate Property Tax Bill

$973

$903

Ownwell’s Sparks Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sparks with just two data points. By entering your property's estimated assessed value, our calculator applies Sparks’ 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 Storey County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sparks, Storey County, Nevada

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Sparks’s effective property tax rate to other cities in Nevada and the median property tax rates in Nevada and the U.S. Sparks, located in Storey County, features a median property tax rate of 0.65%, which is notably lower than the national median of 1.02%. This lower rate can be appealing to property owners seeking to minimize their annual tax expenses. The consistency in Sparks's tax rate, as reflected by its highest and lowest median tax rates both being 0.65%, indicates a stable tax environment. Such stability can be advantageous for long-term financial planning. By understanding these rates, property owners in Sparks can make informed decisions about their real estate investments and anticipate their tax liabilities with greater accuracy.

Property Tax Rates Across Sparks, Storey County, Nevada

Source: Ownwell

0.65%

0.87%

1.08%

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 Sparks Tax Rate

0.65%

Median Effective Storey County Tax Rate

0.98%

Median Effective Nevada Tax Rate

0.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sparks, Storey County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
89434	0.57%	0.61%	0.65%	0.70%	0.81%

Source: Ownwell

Property Tax Assessment Values Across Sparks, Storey County, Nevada

When examining property taxes in Sparks, 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 Storey County appraisal district 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 Storey County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Sparks.

For example, the median home price in Sparks is $149,648, with tax bills ranging significantly across the county. Zip code 89434 has the highest median home price at $149,648.

Property Tax Assessment Values Across Sparks, Storey County, Nevada

Source: Ownwell

$137,262

$188,836

$240,410

Median Sparks Market Value

$149,648

Median Storey County Market Value

$161,718

Median Nevada Market Value

$225,374

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sparks, Storey County, Nevada

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
89434	$120,172	$129,759	$149,648	$178,130	$202,487

Source: Ownwell

Property Tax Bills Across Sparks, Storey County, Nevada

In Sparks, Nevada, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is a percentage of the property's market value, which can fluctuate based on real estate trends. For homeowners in Sparks, the median property tax bill is $998, considerably lower than the national median of $2,400. Factors such as location, property size, and improvements can influence the assessed value, thereby affecting the tax bill. For instance, in the 89434 zip code, homeowners experience a median tax bill of $998. However, even with relatively low tax bills, homeowners can still benefit from ensuring their property is assessed fairly. This is where Ownwell can assist. By providing expert property tax appeal and exemption services, Ownwell helps homeowners in Sparks potentially lower their tax bills. Through accurate assessments and strategic appeals, homeowners can ensure they are not overpaying, ultimately leading to significant savings.

Property Tax Bills Across Sparks, Storey County, Nevada

Source: Ownwell

$998

$1,723

$2,448

Median Sparks Tax Bill

$998

Median Storey County Tax Bill

$1,283

Median Nevada Tax Bill

$1,782

Median United States Tax Bill

$2,400

Property Tax Bills Across Sparks, Storey County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
89434	$760	$850	$998	$1,140	$1,308

Source: Ownwell