White Pine County Property Taxes
The median property tax rate in White Pine County is 1.25%, 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 White Pine County, the typical annual property tax bill reaches $748, which is considerably lower than the national median of $2,690. Property taxes in White Pine 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 White Pine 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 Ely or another part of White Pine County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
White Pine County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.25%
Estimate Property Tax Bill
$779
$723
Ownwell’s White Pine County Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in White Pine County with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in White Pine 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 White Pine County, Nevada
Property taxes in White Pine County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in White Pine County is 1.25%, which is higher than both the Nevada state median and the U.S. national median of 0.99%. Local government entities within White Pine County set these rates annually, and they can vary significantly between different areas within the county. Each year, White Pine 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 White Pine County's effective property tax rate with other counties in Nevada and the national median. For comparison, the city of Baker has one of the higher property tax rates in Nevada at 1.28%, while the city of Duckwater boasts one of the lowest at 1.01%. Analyzing how White Pine County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average White Pine County Tax Rate
1.25%
Average Nevada Tax Rate
0.80%
Average United States Tax Rate
0.99%
Property Tax Assessment Values Across White Pine County, Nevada
Understanding the difference between "market value" and "assessed value" is essential for comprehending property taxes in White Pine County. 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 White Pine 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 White Pine 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. For instance, Lund has the highest median tax bill at $945, while Baker has the lowest at $154. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in White Pine County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Average White Pine County Assessed Value
$62,311
Average Nevada Assessed Value
$225,374
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across White Pine County, Nevada
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Baker | $11,650 | $11,798 | $12,046 | $26,105 | $34,540 |
Duckwater | $54,978 | $54,978 | $54,978 | $54,978 | $54,978 |
Ely | $24,521 | $46,306 | $70,134 | $124,910 | $216,010 |
Lund | $23,272 | $43,269 | $80,846 | $150,620 | $244,282 |
Mc Gill | $31,563 | $40,308 | $48,490 | $57,794 | $71,078 |
Ruth | $17,094 | $34,393 | $45,026 | $58,045 | $72,203 |
Source: Ownwell
Property Tax Bills Across White Pine County, Nevada
In White Pine County, NV, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is typically a percentage of the market value of the property. Once the assessed value is established, the tax rate is applied to calculate the annual property tax bill. Several factors influence this calculation, including the property's location, size, and any improvements made. For instance, the median home price in White Pine County is $62,311, with tax bills ranging from $508 at the 25th percentile to $2,255 at the 90th percentile. Homeowners in Lund face the highest median tax bill at $945, while those in Baker enjoy the lowest at $154. Compared to the national median property tax rate of 0.99%, White Pine County's property taxes can be relatively modest, but they still significantly impact homeowners' annual expenses. Understanding these factors can help homeowners better anticipate their property tax obligations.
Average White Pine County Tax Bill
$748
Average Nevada Tax Bill
$1,782
Average United States Tax Bill
$2,690