Verdi, Washoe County, Nevada Property Taxes
Median Verdi, NV effective property tax rate: 1.26%, significantly higher than the national median of 1.02%, but lower than the Nevada state median of 0.80%.
Median Verdi, NV home value: $360,684
Median annual Verdi, NV tax bill: $5,210, $2,810 higher than the national median property tax bill of $2,400.
How are property taxes in Washoe calculated?
Property taxes in Verdi, 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 Verdi’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Verdi, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Verdi, Washoe County, Nevada Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$4,545
$4,217
Property Tax Rates Across Verdi, Washoe County, Nevada
Local government entities set property tax rates, which can vary widely within a state. This variation occurs because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is essentially the annual process.
In Verdi, located in Washoe County, Nevada, the effective property tax rate stands at 1.26%. This rate is slightly higher than the national median property tax rate of 1.02%. When comparing Verdi's rate to other cities in Nevada, it becomes apparent that Verdi shares the same rate across the state, with no significant variation between the highest and lowest rates. This consistency is unique, as many states exhibit a broader range of rates. Despite the uniformity within the state, Verdi's property tax rate remains above the national median, highlighting the importance of understanding local tax obligations and potential opportunities for appeal or exemption.
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 Verdi Tax Rate
1.26%
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 Verdi, Washoe County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89439 | 0.93% | 1.03% | 1.26% | 1.43% | 4.71% |
Source: Ownwell
Property Tax Assessment Values Across Verdi, Washoe County, Nevada
When examining property taxes in Verdi, 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 appraisal district 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 April. 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 Verdi. For example, the median home price in Verdi is $360,684, with tax bills ranging significantly across the county. Zip code 89439 has the highest median home price at $360,684.
Property Tax Assessment Values Across Verdi, Washoe County, Nevada
Source: Ownwell
$16,200
$403,019
$789,838
Median Verdi Market Value
$360,684
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 Verdi, Washoe County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89439 | $94,050 | $182,552 | $360,684 | $457,412 | $655,750 |
Source: Ownwell
Property Tax Bills Across Verdi, Washoe County, Nevada
Median Verdi Tax Bill
$5,210
Median Washoe County Tax Bill
$2,401
Median Nevada Tax Bill
$1,782
Median United States Tax Bill
$2,400
Property Tax Bills Across Verdi, Washoe County, Nevada
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 89439 | $1,886 | $3,084 | $5,210 | $6,250 | $8,393 |
Source: Ownwell