HonestCasa logoHonestCasa
All Tax Guides
Updated 2025 Tax Year

Storey County
Property Tax Guide

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

10 Official Sources
8 min read
Calculate Your True CostMortgage Calculator
Quick Facts
Tax Rate
1.5%-2.5% of assessed value (varies by special taxing districts), capped at $5.00 per $100 assessed valuation
Exemptions
4+ Available
Section 1

How Property Tax Works

Storey County, Nevada operates under a property tax system that funds essential local services including schools, public safety, infrastructure, and county operations. Property taxes in Storey County are calculated based on assessed value multiplied by the applicable tax rate, which is capped at $5.00 per $100 of assessed valuation by the Nevada Constitution. The effective tax rate typically ranges from 1.5% to 2.5% of assessed value, depending on your specific location within the county.

Actual tax rates vary significantly by location within Storey County due to special taxing districts that provide additional services such as fire protection, road maintenance, and public safety. These districts levy their own assessments in addition to the base county rate. Property assessments are conducted annually by the Storey County Assessor's Office, with assessments typically reflecting 35% of market value for residential properties. Most property tax credits and exemptions require annual application and are not automatically applied to your tax bill.

Section 2

What Makes Up Your Tax Bill

ComponentRate (per $100 assessed value)Description
Base County RateVaries by districtGeneral county operations and services
School DistrictVaries by districtLocal school funding and operations
Fire ProtectionVaries by districtFire department services and equipment
Public SafetyVaries by districtLaw enforcement and emergency services
Road/InfrastructureVaries by districtStreet maintenance and improvements
Total Combined RateUp to $5.00 maximumConstitutional cap for all combined levies

Note: Specific rates for FY 2025-2026 vary by special taxing district within Storey County. The Nevada Constitution limits the total combined rate to $5.00 per $100 of assessed valuation. Contact the Storey County Assessor's Office at (775) 847-0969 for your specific district's current rates.

Section 3

When Are Property Taxes Due?

For the 2025/2026 tax year in Storey 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 Storey County are triggered by changes in property ownership, new construction, or completion of major improvements that increase a property's assessed value during the tax year. When these events occur, a supplemental tax bill is issued to cover the difference between the original assessment and the new higher assessment for the remaining months of the current fiscal year.

For example, if you purchase a home in October and the assessed value increases from the previous owner's assessment, you would receive a supplemental tax bill covering October through June (the remainder of the fiscal year). The supplemental tax is calculated by multiplying the increase in assessed value by the applicable tax rate, then prorating it for the months remaining in the fiscal year. These supplemental bills are typically issued 4-8 weeks after the triggering event and have separate due dates from regular property tax installments.

Example Calculation

Example 1: $300,000 Home

  • Market Value: $300,000
  • Assessed Value (35%): $105,000
  • Less: Senior Citizen Credit (if applicable): -$3,000
  • Net Taxable Value: $102,000
  • Annual Tax (est. 2.5% rate): $2,550
  • Monthly (escrowed): $212.50

Example 2: $600,000 Home

  • Market Value: $600,000
  • Assessed Value (35%): $210,000
  • Less: Homestead Credit (if applicable): -$5,000
  • Net Taxable Value: $205,000
  • Annual Tax (est. 2.3% rate): $4,715
  • Monthly (escrowed): $392.92

Example 3: $1,000,000 Home

  • Market Value: $1,000,000
  • Assessed Value (35%): $350,000
  • Less: Veteran's Credit (if applicable): -$2,000
  • Net Taxable Value: $348,000
  • Annual Tax (est. 2.1% rate): $7,308
  • Monthly (escrowed): $609.00

Note: All credits shown require annual application and approval. Actual rates vary by special taxing district location within Storey County.

See How Taxes Affect Your Payment

Property taxes are just part of your total monthly cost. Get the full picture.

Calculate Now
Section 5

Escrow & Property Taxes

Most mortgage lenders in Storey County require borrowers to maintain an escrow account for property tax payments, especially when the loan-to-value ratio exceeds 80%. Your lender collects monthly property tax payments along with your mortgage payment and holds these funds in a separate escrow account. The lender then pays your property taxes directly to Storey County when each installment becomes due.

Lenders typically collect escrow payments based on the previous year's tax bill plus a small cushion (usually 2 months of payments) to account for potential increases. Your lender will provide an annual escrow analysis statement showing how your funds were used and any adjustments needed for the coming year. If your property taxes increase significantly due to reassessment or new special district levies, your monthly escrow payment may increase accordingly. You can verify that payments have been made by checking with the Storey County Treasurer's Office or through their online payment portal.

How HonestCasa Helps
  • Understand whether your escrow is set correctly
  • See how rising taxes will change your monthly payment
  • Plan ahead instead of being surprised by "shortage" letters
Section 6

Frequently Asked Questions

Q: When are property taxes due in Storey County for FY 2025-2026? A: Property taxes are paid in three installments: first installment due June 1, 2026, second installment due September 1, 2026, and final installment due December 1, 2026.

Q: What tax credits are available and do they require application? A: Available tax credits include Senior Citizen Credit, Veteran's Disability Credit, and Blind Person's Credit. All credits require annual application by March 31st and are not automatically applied. Contact the Assessor's Office for application forms.

Q: How does the Homestead Credit work? A: The Homestead Credit caps annual assessment increases rather than reducing market value. It must be applied for annually and limits how much your assessed value can increase each year, providing tax bill stability for primary residences.

Q: When are properties assessed and how can I appeal? A: Properties are assessed annually as of July 1st. Assessment notices are mailed by December 31st. You have until January 31st to file an appeal with the County Board of Equalization if you disagree with your assessment.

Q: What are the penalties for late payment? A: Late payments incur a 10% penalty immediately after the due date, plus 1% interest per month. Properties become delinquent after June 30th following the tax year, potentially leading to tax lien proceedings.

Q: Can I pay property taxes online? A: Yes, Storey County offers online payment options through their official website. You can pay by electronic check or credit card, though credit card payments may include processing fees.

Q: Why do property tax rates vary within Storey County? A: Different areas of the county are served by various special taxing districts (fire, road, public safety) that levy additional assessments. Your total rate depends on which combination of districts serve your specific property location.

Q: How do special district taxes appear on my bill? A: Special district assessments are itemized separately on your tax bill, showing each district's rate and the corresponding tax amount. The total cannot exceed the constitutional cap of $5.00 per $100 of assessed valuation for all combined levies.

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
local government finance - property tax rates for nevada ...tax.nv.gov
02
revenue reference manual january 2025 fiscal ...leg.state.nv.us
03
Local Government Finance Revenue Projectionstax.nv.gov
04
Cover Indextax.nv.gov
05
County
2021-2022 Storey County Final Budget. ...epubs.nsla.nv.gov
06
Tax Doc
Untitled - Nevada Department of Taxationtax.nv.gov
07
REVENUE REFERENCE MANUALleg.state.nv.us
08
NRS: CHAPTER 115 - HOMESTEADSleg.state.nv.us
09
State
Locally Assessed Property Tax FAQs - State of Nevadatax.nv.gov
10
Senate Bill No. 98–Senators Settelmeyer, Goicoechealeg.state.nv.us
All sources verified as of 2025 Tax Year

See the Full Picture of Your Home Costs

Property taxes are just one piece of homeownership. HonestCasa helps you understand your total monthly cost and explore safe ways to access your home equity.

Total Monthly Cost

Mortgage + taxes + insurance + HOA

Equity Growth

Track how your equity grows over time

Safe Equity Access

Options for projects or debt payoff

Run Your ScenarioTry Calculator

Free • No credit check • 2-minute estimate