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Updated 2025 Tax Year

Lyon County
Property Tax Guide

Everything you need to know about property taxes in Lyon County, NV. Rates, due dates, exemptions, and how it affects your monthly payment.

10 Official Sources
8 min read
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Quick Facts
Tax Rate
Varies by taxing district combination, typically 2.5-4.2% of assessed value
Exemptions
4+ Available
Section 1

How Property Tax Works

Lyon County's property tax system serves as the primary funding mechanism for essential local services including public schools, fire protection, law enforcement, libraries, and hospital services. The county operates under Nevada's property tax framework, where taxes are calculated based on assessed property values multiplied by applicable tax rates from various taxing districts.

Property owners in Lyon County face varying effective tax rates depending on their specific location within the county, as different areas fall under different combinations of special taxing districts such as school districts, fire districts, and the Lyon County Hospital District. The total tax rate is comprised of multiple components including the county general fund, school district levies, and various special assessments. Actual tax rates vary significantly by location due to these overlapping special taxing districts, making it essential for property owners to understand which districts apply to their specific property.

Section 2

What Makes Up Your Tax Bill

Lyon County property tax rates are capped by Nevada law at $5.00 per $100 of assessed valuation. The following components typically make up the total rate:

ComponentRate RangeDescription
County General FundVariesBasic county operations and services
School DistrictVariesK-12 education funding
Lyon County Hospital District$0.005615 per $100Healthcare services and facilities
Fire Protection DistrictVariesFire suppression and emergency services
Library DistrictVariesPublic library operations
Debt ServiceVariesBond payments for capital projects

Note: These rates apply to the current fiscal year and are subject to annual adjustment. The total combined rate cannot exceed $5.00 per $100 of assessed value as mandated by Nevada law. Specific rates vary by location within Lyon County based on which special taxing districts serve each area.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Lyon County, property taxes are due in two installments:

Pro tip: If you pay through mortgage escrow, your lender splits these payments across your monthly mortgage. If you pay directly, set calendar reminders to avoid late penalties.
Section 4

Supplemental Tax Bills

Supplemental taxes in Lyon County are triggered by specific events that change a property's assessed value during the tax year. The most common triggers include change of ownership, completion of new construction, or major improvements that increase the property's value.

When a supplemental assessment occurs, the additional tax is calculated by determining the difference between the new assessed value and the previous assessed value, then multiplying by the applicable tax rate for the remaining months in the fiscal year. For example, if a property's assessed value increases by $50,000 due to completed construction in January, and the total tax rate is $1.50 per $100, the supplemental tax would be approximately $375 ($50,000 ÷ 100 × $1.50 ÷ 2 for half the fiscal year). Property owners receive a separate supplemental tax bill that is due within 30 days of issuance.

Example Calculation

The following examples assume a total effective tax rate of $1.50 per $100 of assessed value and standard Nevada assessment at 35% of taxable value:

$300,000 Home:

  • Assessed Value: $105,000 (35% of market value)
  • Less: Homestead Credit (if applicable): $0 (credit applied to tax, not assessed value)
  • Net Taxable Value: $105,000
  • Annual Tax: $1,575 ($105,000 ÷ 100 × $1.50)
  • Monthly Escrow: $131

$600,000 Home:

  • Assessed Value: $210,000 (35% of market value)
  • Less: Homestead Credit (if applicable): $0 (credit applied to tax, not assessed value)
  • Net Taxable Value: $210,000
  • Annual Tax: $3,150 ($210,000 ÷ 100 × $1.50)
  • Monthly Escrow: $263

$1,000,000 Home:

  • Assessed Value: $350,000 (35% of market value)
  • Less: Homestead Credit (if applicable): $0 (credit applied to tax, not assessed value)
  • Net Taxable Value: $350,000
  • Annual Tax: $5,250 ($350,000 ÷ 100 × $1.50)
  • Monthly Escrow: $438

Note: All credits require application and are not automatically applied. Rates vary by specific location within Lyon County.

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Section 5

Escrow & Property Taxes

Most mortgage lenders in Lyon County require property tax escrow accounts to ensure timely payment of property taxes. Lenders typically collect 1/12 of the estimated annual property tax bill with each monthly mortgage payment, holding these funds in an escrow account until taxes are due.

Property taxes in Lyon County are generally due by October 15th each year. Lenders usually pay the taxes directly to the county treasurer before the due date using funds accumulated in the escrow account. Property owners should receive an annual escrow statement from their lender showing the account activity and any adjustments needed for the coming year. If property taxes increase due to reassessment or rate changes, lenders may adjust monthly escrow payments and may require a one-time payment to cover any shortage. Property owners can verify tax payments and balances by checking with Lyon County's treasurer's office or accessing online payment systems.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
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Section 6

Frequently Asked Questions

Q: When are property taxes due in Lyon County? A: Property taxes are typically due by October 15th each year for the current fiscal year. Late payments incur penalties and interest charges.

Q: What homestead tax credits are available and how do I apply? A: Nevada offers a homestead exemption that must be declared and recorded with the Lyon County Recorder. This is NOT automatic and requires filing a homestead declaration. The homestead primarily protects against creditors rather than reducing taxes. Contact the County Assessor for current tax credit programs and application requirements.

Q: How does the homestead affect my property taxes? A: The homestead declaration in Nevada primarily provides legal protection rather than tax reduction. Some jurisdictions may offer assessment growth caps for primary residences, but you must file the appropriate applications with the assessor's office - these are never automatic.

Q: When are properties reassessed? A: Lyon County assesses properties annually. The assessment reflects the property's value as of July 1st of the previous year. Property owners receive assessment notices and have the right to appeal if they believe the assessment is incorrect.

Q: What happens if I pay my property taxes late? A: Late payments incur penalties calculated on a graduated scale. If taxes remain unpaid, the property may eventually be subject to tax sale proceedings.

Q: Can I pay property taxes online? A: Yes, Lyon County typically offers online payment options through the county treasurer's website. Check the official Lyon County website for current payment methods and any associated fees.

Q: Why did I receive a supplemental tax bill? A: Supplemental taxes are issued when property ownership changes or new construction is completed during the tax year. These bills are due within 30 days of issuance.

Q: How do special districts affect my tax rate? A: Your property's location determines which special taxing districts apply (fire, school, hospital, library, etc.). Each district adds to your total tax rate, which is why rates vary throughout Lyon County. Contact the assessor's office to determine which districts apply to your specific property.

Verified Sources

Backed by 10 Official Government Sources

Every fact in this guide is sourced from official county, state, and federal documents.

01
Tax Doc
Property Tax Libra Solar fiscal note.pdfenergy.nv.gov
02
Tax Doc
local government finance - property tax rates for nevada ...tax.nv.gov
03
Local Government Finance Revenue Projectionstax.nv.gov
04
State
Sales Tax & Use Tax - State of Nevadatax.nv.gov
05
Manufactured Home Searchclarkcountynv.gov
06
Tax Doc
Nevada Property Tax: Elements and Applicationstax.nv.gov
07
homestead exemption in nevadaleg.state.nv.us
08
NRS: CHAPTER 115 - HOMESTEADSleg.state.nv.us
09
State
Real Property Transfer Tax - State of Nevadatax.nv.gov
10
County
Lyon Countybudget.nv.gov
All sources verified as of 2025 Tax Year

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