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How Much is Property Tax on a $950,000 Home in Nevada?
Property tax on a $950,000 home in Nevada typically ranges from $2,850 to $8,550 per year (roughly $238 to $713/month), depending on the county. Based on the statewide average effective rate of 0.55%, you can expect to pay around $5,225/year, or $435/month. Nevada has no state personal income tax; property taxes are kept lower in part because the state generates substantial revenue from gaming and sales taxes.