Property Tax in Storey County
via TaxByCounty
Storey County offers exceptional tax advantages
At 0.401% effective rate, Storey County ranks among the lowest-taxed counties in America, charging just 23% of the national median rate. The median tax of $1,578 remains below the national median of $2,690 despite having the state's highest median home value of $393,100.
Nevada's lowest effective tax rate
Storey County's 0.401% effective rate is Nevada's lowest among all 16 counties, running 24% below the state average of 0.525%. The median tax of $1,578 exceeds the state median of $1,443 only due to Storey's premium home valuations of $393,100.
Storey significantly undercuts Washoe County rates
Storey County's 0.401% rate edges below Washoe County's 0.463%, offering superior tax savings despite neighboring Washoe's larger population base. Storey homes command higher prices at $393,100 versus Washoe's $496,600, yet still cost less to tax.
Median Storey home costs $1,578 yearly
On the county's median home value of $393,100, property owners pay an estimated $1,578 in annual taxes. Homeowners with a mortgage can expect roughly $1,643 annually, while those without pay closer to $1,509.
Even Storey homeowners should verify assessments
Despite Storey County's favorable tax climate, property owners should ensure valuations match current market conditions. If your home's assessment appears inflated, a formal appeal could secure additional savings on your already-competitive tax bill.