State-by-State Guide to Taxes on Middle-Class Families
Tool | November 2020

Nevada State Tax Guide for Middle-Class Families

State tax rates and rules for income, sales, gas, property, cigarette, and other taxes that impact middle-class families.

Nevada

Add to State Compare List | View List
(0) selected | Compare up to 5

The Bottom Line
Flag of Nevada

Most Tax-Friendly

Residents of the Silver State love the fact that there's no income tax in the state. But Nevada also has the fourth-lowest average property tax rates in the country. On $300,000 home in the state, the tax bill would be only an estimated $1,599. Sales taxes in Nevada aren't so low, though. There's a relatively high 6.85% state sales tax rate. Then, when you add in local taxes, the average combined state and local sales tax rate shoots up to 8.23%, which is the 13th-highest in the country.

Income Tax Range

Nevada has no state income tax.

Sales Tax

6.85% state levy. Localities can add as much as 1.53%, and the average combined rate is 8.23%, according to the Tax Foundation.

Groceries: Exempt
Clothing: Taxable
Motor Vehicles: Taxable
Prescription Drugs: Exempt

Real Property Taxes

In Nevada, the median property tax rate is $533 per $100,000 of assessed home value.

Motor Fuel Taxes

Gasoline: 50.48¢ per gallon.
Diesel: 28.56¢ per gallon.

Sin Taxes

Cigarettes: $1.80 per pack
Other tobacco products: 30% of the wholesale price
Vapor products: 30% of the wholesale price

Beer: $0.16 per gallon
Wine: $0.70 per gallon
Liquor: $3.60 per gallon

Marijuana: 15% excise tax on the wholesale price; 10% retail excise tax

Annual Car Taxes and Fees

An annual vehicle registration fee and governmental service tax based on the car's value and age is imposed. Additional local taxes may apply.

Estate and Inheritance Taxes

No estate or inheritance tax.


Advertisement