89048 Property Tax Rate

Property owners in ZIP code 89048 (Pahrump, Nevada) pay a median of $1,298/year in property taxes on homes valued at $292,400. This translates to an effective tax rate of 0.44%, which is 15% below the Nevada state average of 0.52%.

The monthly property tax burden for a median-valued home in 89048 is approximately $108, which factors into escrow payments on mortgages. This ZIP code is located within Nye County. This is $729 less than the Nevada average of $2,027/year.

Compared to similar ZIP codes in Nevada, 89048 has lower property taxes. ZIP codes with similar effective rates include 89040 (0.44%) and 89014 (0.45%).

In Pahrump, property taxes represent approximately 2.3% of the median household income of $55,747, providing context for the relative tax burden on homeowners in this area.

Nevada assesses all property at a flat 35% of market value with no reassessment cap, so your tax basis resets to 35% of purchase price when you acquire the home. Nye County administers Senior Citizen and Disabled Person exemptions for primary residences — contact the Nye County Assessor at (775) 751-0624 to apply and learn how much you can save. File for your exemption before your first tax bill is issued to avoid paying full taxes on your assessed value.