What is the Property Tax Rate in Las Vegas?

Las Vegas homeowners benefit from some of the lowest property tax rates in the country. In Clark County, where Las Vegas is located, the average effective property tax rate is around 0.53% of a home’s assessed value. This is significantly lower than the national average of 0.90%.

For example, with a 0.53% effective tax rate, a homeowner with a $450,000 home might pay around $2,385 in annual property taxes.

HomeLight’s Las Vegas property tax calculator provides a ballpark estimate for a primary residence using rate averages. Your tax can vary based on location and the specific taxing districts (e.g., schools, fire districts, and libraries) that apply to your parcel. For a precise number, contact the Clark County Treasurer’s Office or the Assessor’s Office directly.

Are There Property Tax Exemptions in Las Vegas?

Clark County offers several property tax exemptions that may reduce the amount a homeowner owes. These exemptions are available to qualifying Nevada residents and must be applied for through the Clark County Assessor’s Office.

Here’s a brief overview of the main exemptions available:

Surviving spouse exemption: This exemption is available to Nevada residents who have lost a spouse. You’ll need to show proof of your spouse’s passing and meet basic residency requirements to qualify.
Veterans exemption: Honorably discharged veterans who served during specific periods of wartime or national emergency may be eligible for a partial exemption. Eligibility depends on your service dates and documentation confirming your service record.
Disabled veterans exemption: Veterans with a service-connected disability of 60% or more may qualify for an exemption, with the amount depending on the severity of the disability. In some cases, surviving spouses of eligible disabled veterans may also benefit from this exemption.
Blind person exemption: Nevada residents who are legally blind, as certified by a licensed physician, may be eligible for a property tax exemption under state law.

To learn more about exemption amounts, qualifications, required documents, and how to apply, visit the Clark County Assessor’s Exemptions page.

If you’re buying a home in Las Vegas, note that property tax exemptions do not automatically transfer from the previous owner. After the home changes hands, you’ll need to reapply based on your own eligibility.

When Are Las Vegas Property Taxes Due?

Annual property taxes in Las Vegas are due on the third Monday in August. However, if the taxes exceed $100, they may be paid in installments. The installment due dates are:

First Installment: 3rd Monday in August.
Second Installment: 1st Monday in October.
Third Installment: 1st Monday in January.
Fourth Installment: 1st Monday in March.

What Do Property Taxes Pay For in Las Vegas?

Property taxes in Las Vegas help fund a wide range of essential local services and infrastructure. Since Nevada doesn’t collect personal income tax, property taxes play a key role in supporting public needs. Here’s where those dollars typically go:

Public education: Funding for the Clark County School District, including teacher salaries, school operations, and facilities.
Police and fire services: Supporting the Las Vegas Metropolitan Police Department, local fire departments, and emergency response.
Libraries and parks: Maintaining community libraries, parks, trails, and recreational programs.
County and city government operations: Covering general administration, court systems, public health, and social services.
Roads and transportation: Paying for street maintenance, traffic signals, and regional transportation planning.
Capital improvement and bond repayment: Supporting long-term public projects like new schools, road expansions, or public safety upgrades.

Tax revenue is distributed among several entities, including the City of Las Vegas, Clark County, and local special districts, depending on your property’s exact location.

What Does It Cost to Buy a Home in Las Vegas?

How Much House Can You Afford?

Affordability in Las Vegas depends on your income, debt, credit score, and mortgage rate. With a median household income of around $70,000 in the City of Lights, a buyer might afford a home in the $290,000–$360,000 range using standard debt-to-income guidelines. However, with the Las Vegas median home price hovering at $450,000, many buyers need dual incomes or additional savings to qualify.

Use HomeLight’s Home Affordability Calculator to estimate your budget based on your income, debts, and current rates.

What Down Payment Will You Need in Las Vegas?

According to the City of Las Vegas’ 2024 Housing Report, a standard 5% down payment is used in affordability modeling for a $448,174 median-value home, with typical monthly costs of around $1,758. Without an assistance program, here are some examples of what your down payment could look like on a $450,000 home:

5% down = $22,500
10% down = $45,000
15% down = $67,500
20% down = $90,000

There are also down payment assistance programs available in Nevada, such as Home Is Possible, which provides state-backed funds to help first-time buyers as well as military/veterans, and teachers. Try HomeLight’s Down Payment Calculator to see how different down payments affect your monthly payment and loan size.

How Much Are Closing Costs in Las Vegas?

Buyers in Las Vegas can expect to pay about 2% to 5% of the purchase price in closing costs. These may include:

Loan origination and underwriting fees
Title insurance and escrow fees
Appraisal and inspection costs
Prepaid property taxes and homeowners insurance
Filing and recording fees

For a $450,000 home, that means estimated closing costs of $9,000 to $22,500. Use HomeLight’s Closing Costs Calculator to get a personalized estimate based on your expected Las Vegas home purchase price.

How To Find a Trusted Las Vegas Real Estate Agent

An experienced Las Vegas agent can help you understand local tax rates, school districts, and development trends — and guide you toward neighborhoods that fit your lifestyle and budget.

HomeLight’s free Agent Match tool uses data from over 27 million transactions and thousands of verified reviews to match you with top Las Vegas agents based on real performance, not paid ads.

Additional resources when searching for a trusted buyer’s agent in Las Vegas:

Buying and Selling? Consider “Buy Before You Sell”

If you’re buying a new home in Las Vegas but need to sell your current property first, HomeLight’s Buy Before You Sell program can simplify the entire process. This modern solution helps you unlock equity from your current home so you can make a non-contingent offer on your new home — and only move once. Watch the short video below to see how it works.