Taxes in Reno, Nevada
Complete tax guide for Reno, NV. No state income tax, 0.58% property tax, 8.27% sales tax. Calculate your total tax burden.
State Income Tax
None
Nevada
Property Tax
0.58%
Effective rate
Sales Tax
8.27%
Combined rate
Tax Burden
Low
Reno, NV Tax Overview
No state income tax; growing tech presence
Population
264,165
Median Income
$62,518
Cost of Living
113.5 (100 = avg)
State Income Tax
None
Median Home Price
$485,000
Reno Tax Calculator
Pre-filled with Reno median: $62,518
Total Tax Burden in Reno
$10,246
Take-Home: $52,272 · Effective Rate: 16.39%
Federal Tax
$5,464
8.74% eff.
NV State
$0
0.00% eff.
FICA
$4,783
7.65% eff.
Take-Home
$52,272
83.61% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $62,518.00 | $5,209.83 |
| Federal Income Tax | -$5,463.66 | -$455.31 |
| Nevada State Tax | $0.00 | $0.00 |
| Social Security (6.2%) | -$3,876.12 | -$323.01 |
| Medicare (1.45%) | -$906.51 | -$75.54 |
| Take-Home Pay | $52,271.71 | $4,355.98 |
Property Tax in Reno
Median Home
$485,000
Annual Tax
$2,813
Monthly Tax
$234
Effective Rate
0.58%
Sales Tax in Reno
Combined Rate
8.27%
State Portion
~5.8%
Local Portion
~2.5%
The combined sales tax rate in Reno is 8.27%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.27 in sales tax.
Tax Burden Comparison
| Tax Type | Reno | Nevada Avg | National Avg |
|---|---|---|---|
| Income Tax | None | None | 4.6% |
| Property Tax | 0.58% | ~0.58% | 1.1% |
| Sales Tax | 8.27% | ~8.27% | 7.12% |
| Overall Burden | Low | — | Moderate |
Tax Saving Tips for Reno Residents
- Nevada has no state income tax, meaning your income is only subject to federal taxes and FICA. Consider investing your tax savings into a Roth IRA for tax-free growth.
- Property tax in Reno (0.58%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- The combined sales tax rate of 8.27% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Nevada
Calculate Your Full Nevada Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Reno, NV?
Reno, Nevada has no state income tax. The property tax rate is 0.58% and the combined sales tax rate is 8.27%. No state income tax; growing tech presence
How much is property tax in Reno?
The effective property tax rate in Reno is 0.58%. On the median home price of $485,000, this equals approximately $2,813 per year or $234 per month. This is below the national average of 1.1%.
What is the sales tax rate in Reno?
The combined sales tax rate in Reno is 8.27%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Reno's tax burden compare to other cities?
Reno has a low overall tax burden. The effective total tax rate for a median-income household is approximately 25.9%. The absence of state income tax significantly reduces the overall burden. Cost of living index is 113.5 (100 = national average).
Are there any local taxes in Reno?
Reno does not impose a separate local or city income tax. Residents pay no state income tax, federal income tax, and FICA (Social Security and Medicare). No state income tax; growing tech presence