Sun Valley, Washoe County, Nevada Property Taxes
Median Sun Valley, NV effective property tax rate: 0.70%, significantly lower than the national median of 1.02%, but lower than the Nevada state median of 0.80%.
Median Sun Valley, NV home value: $108,661
Median annual Sun Valley, NV tax bill: $836, $1,564 lower than the national median property tax bill of $2,400.
How are property taxes in Washoe calculated?
Property taxes in Sun Valley, 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 Sun Valley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sun Valley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sun Valley, Washoe County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.7%
Estimate Property Tax Bill
$761
$706
Property Tax Rates Across Sun Valley, Washoe County, Nevada
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. This annual process, although influenced by votes and laws, essentially determines how much property owners will pay in taxes.
In Sun Valley, located in Washoe County, Nevada, the effective property tax rate is notably lower than both the state and national medians. Nevada's median property tax rate is below the national median of 1.02%, making Sun Valley an attractive option for property owners seeking lower tax liabilities. This advantageous rate can provide significant savings, especially when compared to other regions where tax rates are higher. For residents and potential property buyers, understanding these differences in tax rates is crucial for financial planning and can influence decisions regarding property investments. By appealing property taxes or seeking exemptions, property owners in Sun Valley can further optimize their tax obligations, ensuring they only pay what is necessary.
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 Sun Valley Tax Rate
0.70%
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 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 Sun Valley, Washoe County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89433 | 0.40% | 0.45% | 0.70% | 1.10% | 1.25% |
Source: Ownwell
Property Tax Assessment Values Across Sun Valley, Washoe County, Nevada
When examining property taxes in Sun Valley, 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 Sun Valley.
For example, the median home price in Sun Valley is $108,661, with tax bills ranging significantly across the county. 89433 has the highest median home price at $108,661.
Property Tax Assessment Values Across Sun Valley, Washoe County, Nevada
Source: Ownwell
$16,200
$403,019
$789,838
Median Sun Valley Market Value
$108,661
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 Sun Valley, Washoe County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89433 | $82,473 | $86,562 | $108,661 | $160,818 | $190,363 |
Source: Ownwell
Property Tax Bills Across Sun Valley, Washoe County, Nevada
Median Sun Valley Tax Bill
$836
Median Washoe County Tax Bill
$2,401
Median Nevada Tax Bill
$1,782
Median United States Tax Bill
$2,400
Property Tax Bills Across Sun Valley, Washoe County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89433 | $340 | $384 | $836 | $1,866 | $2,508 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates |
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Links | |
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| Washoe Tax Assessor | |
| Website | www.washoecounty.gov |