Incline Village, Washoe County, Nevada Property Taxes

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

Median Incline Village, NV effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the Nevada state median of 0.80%.
Median Incline Village, NV home value: $358,527
Median annual Incline Village, NV tax bill: $4,878, $2,478 higher than the national median property tax bill of $2,400.

How are property taxes in Washoe County calculated?

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

Last Updated March 1, 2025

Incline Village, Washoe County, Nevada Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$4,804

$4,458

Ownwell’s Incline Village Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Incline Village with just two data points. By entering your property's estimated assessed value, our calculator applies Incline Village’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Washoe 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 Washoe County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Incline Village, Washoe County, Nevada

Local government entities in Nevada set property tax rates, which can vary widely across the state. Each year, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Incline Village, located in Washoe County, the effective property tax rate reflects the county's budgetary needs and property values. Compare this with the median property tax rates across Nevada and the U.S. to gain perspective. Nevada's median property tax rate is slightly above the national median of 1.02%, which may be attributed to the unique fiscal requirements and property values within the state. Understanding these variations can help property owners anticipate their tax liabilities more accurately. By being informed about local tax rates, property owners in Incline Village can make better financial decisions and potentially explore property tax appeal and exemption services to manage their expenses effectively.

Property Tax Rates Across Incline Village, Washoe County, Nevada

Source: Ownwell

0.62%

0.98%

1.34%

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 Incline Village Tax Rate

1.34%

Median Effective Washoe County Tax Rate

1.13%

Median Effective Nevada Tax Rate

0.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Incline Village, Washoe County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
89451	1.10%	1.24%	1.34%	1.45%	1.55%

Source: Ownwell

Property Tax Assessment Values Across Incline Village, Washoe County, Nevada

When examining property taxes in Incline Village, 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 Washoe 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. Assessment notices: In Washoe 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 Incline Village. For example, the median home price in Incline Village is $358,527, with tax bills ranging significantly across the county. Zip code 89451 has the highest median home price at $358,527.

Property Tax Assessment Values Across Incline Village, Washoe County, Nevada

Source: Ownwell

$16,200

$403,019

$789,838

Median Incline Village Market Value

$358,527

Median Washoe County Market Value

$201,928

Median Nevada Market Value

$225,374

Median United States Market Value

$235,294

Property Tax Assessment Values Across Incline Village, Washoe County, Nevada

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
89451	$122,358	$177,512	$358,527	$683,071	$1,216,786

Source: Ownwell

Property Tax Bills Across Incline Village, Washoe County, Nevada

In Incline Village, Washoe County, NV, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is applied to this assessed value to determine the tax bill. Various factors such as property location, size, and market trends influence this assessment. Homeowners in Incline Village face property tax bills that can vary significantly, with the 25th percentile at $2,451 and the 75th percentile reaching $8,311. Notably, the highest median tax bill in the area is $4,878, which is above the national median property tax bill of $2,400, despite Nevada's overall lower tax rates. This can place a financial burden on homeowners, especially those with properties assessed at higher values. Ownwell offers a solution by providing expert property tax appeal and exemption services. By leveraging their expertise, Ownwell helps homeowners ensure their property is fairly assessed, potentially reducing their tax bills and offering significant savings.

Property Tax Bills Across Incline Village, Washoe County, Nevada

Source: Ownwell

$163

$4,382

$8,600

Median Incline Village Tax Bill

$4,878

Median Washoe County Tax Bill

$2,401

Median Nevada Tax Bill

$1,782

Median United States Tax Bill

$2,400

Property Tax Bills Across Incline Village, Washoe County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
89451	$1,778	$2,451	$4,878	$8,311	$15,022

Source: Ownwell