If you own a home in Henderson NV, you’ll likely have to pay your share of taxes. Fortunately, Henderson property taxes have one of the lowest rates in the state of Nevada; since 1992 it has remained at $0.7108 per $100 of assessed value. For example, a home with an assessed value of $200,000 would pay taxes of $1,421.60 per year.
The fiscal year in Clark County runs from July 1 to June 30. Quarterly tax payments are due by the 3rd Monday in August, 1st Monday in October, 1st Monday in January, and 1st Monday in March. If you have a mortgage, property taxes should be included in your monthly payment and held in escrow until they are paid by your loan servicer. If not, pay your Henderson property taxes directly to the Clark County Assessor.
In 2005 the Nevada Legislature passed Assembly Bill 489 which capped the annual increase at 3% on an owner’s primary residence. This was in response to extreme volatility in the Las Vegas real estate market in 2003 and 2004 as many homeowners found themselves underwater on their mortgages and foreclosures skyrocketed. There is also an 8% cap on properties that are not owner-occupied.
Henderson Property Tax Exemptions
Veterans, disabled veterans, surviving spouses, blind persons, and church and fraternal organizations may be exempt from property taxes. Call the Assessor’s office at (702) 455-3882 to find out more. Henderson residents can also visit the Assessor’s branch office on the first floor of Henderson City Hall at 240 Water Street.
More property tax information can be found here:
Have questions about buying or selling a home in Henderson or the Las Vegas valley? Call or text John Novak, Keller Williams Realty, at (702) 339-9700 or email firstname.lastname@example.org.