89316 Property Tax Rate

Property owners in ZIP code 89316 (Eureka, Nevada) pay a median of $488/year in property taxes on homes valued at $263,600. This translates to an effective tax rate of 0.19%, which is 65% below the Nevada state average of 0.52%.

The monthly property tax burden for a median-valued home in 89316 is approximately $41, which factors into escrow payments on mortgages. This ZIP code is located within Eureka County. This is $1,539 less than the Nevada average of $2,027/year.

Compared to similar ZIP codes in Nevada, 89316 has lower property taxes. ZIP codes with similar effective rates include 89823 (0.28%) and 89004 (0.29%).

In Eureka, property taxes represent approximately 0.7% of the median household income of $72,798, providing context for the relative tax burden on homeowners in this area.

Nevada assesses all property at 35% of market value with no reassessment caps, so your assessed value will be set at 35% of the purchase price upon closing. Eureka County administers Senior Citizen and Disabled Person property tax exemptions for owner-occupied primary residences — contact the Eureka County Assessor's office to apply and learn potential annual tax savings. Visit the Eureka County Assessor immediately after closing to verify your assessment and submit your exemption application.