X
Take Lake Tahoe Real Estate with you. Download our free mobile app. Our app is more accurate than Zillow and we do not sell your information.

Other Benefits of Living in Nevada

The Great State of Nevada is Considered one of the Most Tax-Friendly States in the U.S.

Nevada

State income tax: None

State Sales tax: 6.85%

Gas taxes and fees: 34 cents per gallon

The Silver State is one of nine in the U.S. that impose no income tax. Median property tax on Nevada’s median home value of $165,300 is $1,423, according to the Tax Foundation.

Food and prescription drugs are exempt from the state’s 6.9% sales tax, but counties may tack on up to 1.3%. The average combined state and local sales tax rate is 7.9%.

In addition to sales taxes, vehicle owners are charged an annual “government services tax” that’s based on the vehicle’s value and age. Tax on a two-year-old vehicle with an original sticker price of $20,000 would be $238.

 

Share This:
Facebook
Twitter
LinkedIn
Related posts:

Join our Mailing List

Join our mailing list

Name

Categories

Categories

Follow Us