Reno, Washoe County, Nevada Property Taxes

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

Median Reno, NV effective property tax rate: 1.13%, significantly higher than the national median of 1.02%, but lower than the Nevada state median of 0.80%.
Median Reno, NV home value: $202,746
Median annual Reno, NV tax bill: $2,387, $13 lower than the national median property tax bill of $2,400.

How are property taxes in Washoe calculated?

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

Last Updated March 1, 2025

Reno, Washoe County, Nevada Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.13%

Estimate Property Tax Bill

$2,291

$2,126

Ownwell’s Reno Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Reno with just two data points.

By entering your property's estimated assessed value, our calculator applies Reno’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 Washoe County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Reno, Washoe County, Nevada

Local government entities set tax rates, which can vary widely within a state. 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. In Reno, located in Washoe County, the property tax landscape offers a varied picture. The effective property tax rate here can be compared to other cities in Nevada. Reno's property tax rate is reflective of the county's budgetary needs and the total assessed property value. Nevada's median property tax rate is slightly above the national median, indicating a competitive tax environment. Within Washoe County, the highest median tax rate is found in the 89510 area, presenting a contrast to the lowest in the 89508 area. Understanding these differences can help property owners make informed decisions about their investments. Whether you're a homeowner or an investor, being aware of these rates can significantly impact your financial planning.

Property Tax Rates Across Reno, 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 Reno Tax Rate

1.13%

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 Reno, Washoe County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
89501	0.64%	0.79%	0.94%	1.23%	1.42%
89502	0.77%	0.87%	1.08%	1.22%	1.36%
89503	0.80%	0.87%	1.04%	1.23%	1.40%
89506	0.80%	0.90%	1.02%	1.27%	1.57%
89508	0.73%	0.77%	0.87%	1.12%	1.26%
89509	0.79%	0.91%	1.16%	1.32%	1.44%
89510	0.98%	1.12%	1.26%	1.34%	1.42%
89511	0.93%	1.01%	1.10%	1.20%	1.33%
89512	0.57%	0.74%	0.92%	1.17%	1.49%
89519	1.07%	1.17%	1.25%	1.35%	1.47%
89521	1.01%	1.12%	1.22%	1.34%	1.46%
89523	1.00%	1.12%	1.21%	1.31%	1.43%
89595	0.98%	0.99%	1.01%	1.01%	1.01%

Source: Ownwell

Property Tax Assessment Values Across Reno, Washoe County, Nevada

When examining property taxes in Reno, Nevada, 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 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 Washoe 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 Reno.

For example, the median home price in Reno is $202,746, with tax bills ranging significantly across the county. Zip code 89511 has the highest median home price at $408,969.

Property Tax Assessment Values Across Reno, Washoe County, Nevada

Source: Ownwell

$16,200

$403,019

$789,838

Median Reno Market Value

$202,746

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 Reno, Washoe County, Nevada

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
89501	$93,411	$123,941	$208,894	$347,466	$505,562
89502	$55,371	$69,403	$112,576	$157,713	$243,328
89503	$86,266	$97,858	$112,911	$159,777	$224,104
89506	$67,131	$90,840	$169,225	$227,217	$292,757
89508	$108,867	$158,772	$198,579	$242,034	$292,565
89509	$80,773	$129,464	$180,202	$262,773	$389,520
89510	$114,021	$182,159	$238,905	$335,762	$446,949
89511	$151,086	$236,477	$408,969	$680,511	$1,032,518
89512	$44,779	$63,118	$79,868	$142,888	$261,012
89519	$83,309	$226,168	$334,960	$522,636	$835,283
89521	$163,574	$225,553	$294,494	$376,836	$472,299
89523	$148,966	$190,849	$243,785	$323,923	$457,023
89595	$16,200	$16,200	$16,200	$20,400	$20,400

Source: Ownwell

Property Tax Bills Across Reno, Washoe County, Nevada

In Reno, located in Washoe County, NV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor's office. The median home price in Reno is $202,746. Property taxes are then applied to this assessed value using the local tax rate. Homeowners in Reno can expect a range of tax bills, with the 25th percentile at $1,302 and the 75th percentile reaching $3,815, while the 90th percentile climbs to $5,837. Notably, the highest median tax bill in the area is $4,750, found in the 89511 zip code, while the lowest is $163 in the 89595 zip code. Compared to the national median property tax rate of 1.02%, Reno's tax bills can vary significantly. Homeowners may feel the impact of these taxes on their annual budgets. Ownwell offers valuable services to help homeowners appeal their property tax assessments and secure exemptions, potentially lowering their tax bills and providing financial relief.

Property Tax Bills Across Reno, Washoe County, Nevada

Source: Ownwell

$163

$4,382

$8,600

Median Reno Tax Bill

$2,387

Median Washoe County Tax Bill

$2,401

Median Nevada Tax Bill

$1,782

Median United States Tax Bill

$2,400

Property Tax Bills Across Reno, Washoe County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
89501	$857	$1,300	$2,047	$2,945	$4,224
89502	$476	$657	$1,137	$1,952	$3,173
89503	$717	$877	$1,195	$1,798	$2,822
89506	$686	$1,168	$1,847	$2,750	$3,855
89508	$1,041	$1,383	$1,741	$2,463	$3,333
89509	$834	$1,235	$1,964	$3,330	$5,076
89510	$1,678	$2,209	$3,168	$4,572	$5,694
89511	$1,747	$2,750	$4,750	$7,617	$11,485
89512	$295	$517	$709	$1,755	$3,315
89519	$1,201	$2,871	$4,220	$6,277	$10,147
89521	$2,132	$2,805	$3,639	$4,972	$6,427
89523	$1,907	$2,376	$2,995	$4,047	$5,674
89595	$163	$163	$163	$193	$202

Source: Ownwell