Property tax rate in Reno: 0.63%. Median home price: $475,000. Calculate your annual bill, compare to state averages, and find exemptions.
Population
264,165
Median Home Price
$475,000
Property Tax Rate
0.63%
Median Income
$63,180
Cost of Living
112/ 100
The effective property tax rate in Reno, NV is 0.63%. This rate is applied to the assessed value of your property and may differ from the statewide average. On a home valued at $475,000, annual property taxes would be approximately $$475,000 times the rate.
Property taxes in Reno are based on the assessed value of your home, which may differ from the market value. The local assessor determines your home's value, and the 0.63% rate is applied. Appeals are possible if you believe the assessment is too high.
For a home at the median price of $475,000 in Reno, property taxes represent a significant annual expense. Combined with mortgage payments, insurance, and maintenance, these costs should be evaluated against the median household income of $63,180.
Many NV jurisdictions offer homestead exemptions, senior exemptions, and other property tax relief programs. Check with your local tax assessor in Reno for specific programs that could reduce your annual bill.
Use our free calculator with Reno-specific data already filled in.
Open Reno CalculatorPlanning a move to Reno? Cost of living index: 112/100. Median home: $475,000. Median income: $63,180. Get the full relocation breakdown.
Median home price in Reno: $475,000. Property tax rate: 0.63%. Get mortgage estimates, affordability analysis, and local market insights.
Reno cost of living index: 112/100 (100 = national avg). Median home $475,000, median income $63,180. See housing, groceries & more.
Median household income in Reno: $63,180. Cost of living index: 112/100. See how far your salary really goes and compare local job market data.
Should you rent in Reno? Cost of living index: 112/100. Median income: $63,180. See how much rent you can afford and where to look.
What does commuting cost in Reno? Population: 264,165. Median income: $63,180. Compare transit, driving, and biking options with real local data.
Median home in Reno: $475,000. Tax rate: 0.63%. Compare Reno neighborhoods by price, schools, and lifestyle to find the right fit.