89301 Property Tax Rate

Property owners in ZIP code 89301 (Ely, Nevada) pay a median of $1,052/year in property taxes on homes valued at $199,100. This translates to an effective tax rate of 0.53%, which is near the Nevada state average of 0.52%.

The monthly property tax burden for a median-valued home in 89301 is approximately $88, which factors into escrow payments on mortgages. This ZIP code is located within White Pine County. This is $975 less than the Nevada average of $2,027/year.

Compared to similar ZIP codes in Nevada, 89301 has higher property taxes. ZIP codes with similar effective rates include 89042 (0.53%) and 89822 (0.53%).

In Ely, property taxes represent approximately 1.4% of the median household income of $74,695, providing context for the relative tax burden on homeowners in this area.

Nevada assesses property at 35% of market value with no cap on reassessment, so your assessed value resets to 35% of the purchase price upon acquisition. White Pine County provides Senior Citizen and Disabled Person exemptions for owner-occupied primary residences — contact the White Pine County Assessor at (775) 289-3084 to apply and determine your savings. File your exemption application with the White Pine County Assessor before your first tax notice arrives to minimize your initial bill.