Nevada state tax: Overview
There is no state income tax in Nevada. Nevada also has a fairly low median property tax rate. There are no estate or inheritance taxes in the state.
[Data for this state tax guide was gathered from a number of sources including the Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
Nevada state income tax
Nevada is one of nine states that have no personal income tax.
Nevada sales tax
Nevada has a state sales tax rate of 4.6%. Localities can add as much as 3.55%, and the average combined rate is 7.96%, according to the The Sales Tax Handbook.
- Groceries: Exempt
- Clothing: Taxable
- Motor Vehicles: Taxable
- Prescription Drugs: Exempt
Nevada typically offers a yearly sales tax holiday in October. According to the Nevada Department of Taxation, the "period of tax exemption includes the Friday on which Nevada Day is observed and the Saturday and Sunday immediately following."
Nevada property tax rate
In Nevada, the median property tax rate is 0.59% of assessed home value, according to the Tax Foundation.
Nevada gas tax
Source: Sales Tax Handbook
Nevada tobacco and alcohol taxes
Nevada tobacco taxes
Nevada alcohol taxes
Source: Sales Tax Handbook
Source: Sales Tax Handbook
Nevada estate and inheritance taxes
Nevada doesn't have estate or inheritance tax.