Las Vegas, NV variant. This is a Las Vegas, NV-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
Las Vegas property tax runs about 0.5% of value - roughly $2,125/year on the $425,000 median home.
Property tax in Las Vegas
Tax = assessed value × local rate. The 0.5% effective rate captures Las Vegas's blend of county, city, and school levies.
On the $425,000 median home that's $2,125/year ($177/month), usually escrowed with your mortgage.
About Las Vegas, NV
Las Vegas is in Nevada, a state with no personal income tax, which is a notable draw for residents and businesses.
Las Vegas home prices sit somewhat above the national average after years of strong population growth.
Las Vegas's economy is driven by tourism, gaming, and hospitality, with a cost of living close to the national average.
Worked example: $425,000 home
$425,000 × 0.5% = $2,125/year. A $600,000 Las Vegas home would owe about $3,000.
Quick reference
- Median home value: $425,000
- Median rent: $1,700/mo
- Median household income: $67,005
- Local sales tax: 8.375%
- Effective property tax rate: 0.5%
- Cost of living index: 102 (US avg = 100)
Frequently Asked Questions
What is the property tax rate in Las Vegas?
About 0.5% of market value per year.
How much property tax on a median Las Vegas home?
Roughly $2,125 per year.