89406 Property Tax Rate

Property owners in ZIP code 89406 (Fallon, Nevada) pay a median of $1,670/year in property taxes on homes valued at $298,000. This translates to an effective tax rate of 0.56%, which is 7% above the Nevada state average of 0.52%.

The monthly property tax burden for a median-valued home in 89406 is approximately $139, which factors into escrow payments on mortgages. This ZIP code is located within Churchill County. This is $357 less than the Nevada average of $2,027/year.

Compared to similar ZIP codes in Nevada, 89406 has higher property taxes. ZIP codes with similar effective rates include 89109 (0.56%) and 89144 (0.56%).

In Fallon, property taxes represent approximately 2.3% of the median household income of $73,268, providing context for the relative tax burden on homeowners in this area.

Nevada's flat 35% assessment ratio applies with no cap at sale, meaning your assessed value will be recalculated at 35% of your purchase price upon closing. Churchill County offers Senior Citizen and Disabled Person exemptions for owner-occupied primary residences — contact the Churchill County Assessor at (775) 423-6028 to apply and learn your potential annual savings. File your exemption application with the Churchill County Assessor within 30 days of purchase to apply the relief to your first tax assessment.