89403 Property Tax Rate

Property owners in ZIP code 89403 (Dayton, Nevada) pay a median of $1,637/year in property taxes on homes valued at $391,500. This translates to an effective tax rate of 0.42%, which is 20% below the Nevada state average of 0.52%.

The monthly property tax burden for a median-valued home in 89403 is approximately $136, which factors into escrow payments on mortgages. This ZIP code is located within Lyon County. This is $390 less than the Nevada average of $2,027/year.

Compared to similar ZIP codes in Nevada, 89403 has lower property taxes. ZIP codes with similar effective rates include 89506 (0.42%) and 89145 (0.42%).

In Dayton, property taxes represent approximately 1.9% of the median household income of $87,226, providing context for the relative tax burden on homeowners in this area.

Nevada assesses property uniformly at 35% of market value with no reassessment caps, so your assessed value resets to 35% of the purchase price when you acquire the property. Lyon County provides property tax exemptions for senior citizens and disabled persons on primary residences — contact the Lyon County Assessor's office to request an application and verify eligibility. Submit your exemption application to the Lyon County Assessor before your first tax bill is issued to ensure you receive any available relief.