Jackpot, Elko County, Nevada Property Taxes

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

Median Jackpot, NV effective property tax rate: 0.90%, significantly lower than the national median of 1.02%, but higher than the Nevada state median of 0.80%.
Median Jackpot, NV home value: $82,986
Median annual Jackpot, NV tax bill: $750, $1,650 lower than the national median property tax bill of $2,400.

How are property taxes in Elko calculated?

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

Last Updated March 1, 2025

Jackpot, Elko County, Nevada Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.9%

Estimate Property Tax Bill

$747

$693

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

Property Tax Rates Across Jackpot, Elko County, Nevada

Local government entities are responsible for setting property tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its budget requirements for public services and divides this by the total assessed value of all taxable properties within its boundaries. This calculation determines the property tax rate. Though the process involves votes and legal considerations, this is the basic annual procedure.

In Jackpot, located in Elko County, Nevada, the effective property tax rate stands at 0.90%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing Jackpot's rate to other cities in Nevada, it reflects a consistent trend, with the highest and lowest median tax rates in the state both recorded at 0.90% in the same area. This positions Jackpot favorably against the national landscape, offering residents a more economical property tax burden while still supporting necessary local services.

Property Tax Rates Across Jackpot, Elko County, Nevada

Source: Ownwell

0.83%

1.04%

1.25%

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 Jackpot Tax Rate

0.90%

Median Effective Elko County Tax Rate

0.92%

Median Effective Nevada Tax Rate

0.80%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jackpot, Elko County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
89825	0.81%	0.85%	0.90%	1.04%	1.07%

Source: Ownwell

Property Tax Assessment Values Across Jackpot, Elko County, Nevada

When examining property taxes in Jackpot, 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 Elko 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 Elko 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 Jackpot.

For example, the median home price in Jackpot is $82,986, with tax bills ranging significantly across the county. 89825 has the highest median home price at $82,986.

Property Tax Assessment Values Across Jackpot, Elko County, Nevada

Source: Ownwell

$19,289

$149,313

$279,337

Median Jackpot Market Value

$82,986

Median Elko County Market Value

$142,560

Median Nevada Market Value

$225,374

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jackpot, Elko County, Nevada

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
89825	$18,720	$41,556	$82,986	$154,958	$245,463

Source: Ownwell

Property Tax Bills Across Jackpot, Elko County, Nevada

In Jackpot, Elko County, NV, property tax bills are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as location, property type, and any applicable exemptions can influence the final amount. With a median home price of $82,986, property tax bills can vary significantly. For instance, while the 25th percentile tax bill is $348, the 75th percentile reaches $1,414, and the 90th percentile can be as high as $2,531. This variation highlights the importance of understanding how property taxes are assessed and how they impact homeowners. Given that the highest and lowest median tax bills in the area are both $750, it's crucial for homeowners to ensure they are not overpaying. Ownwell can assist by identifying potential savings through appeals and exemptions, ensuring homeowners pay a fair amount and potentially reducing their property tax burden.

Property Tax Bills Across Jackpot, Elko County, Nevada

Source: Ownwell

$186

$1,358

$2,530

Median Jackpot Tax Bill

$750

Median Elko County Tax Bill

$1,397

Median Nevada Tax Bill

$1,782

Median United States Tax Bill

$2,400

Property Tax Bills Across Jackpot, Elko County, Nevada

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
89825	$164	$348	$750	$1,414	$2,531

Source: Ownwell