By Patrick Blennerhassett / Las Vegas Review-Journal
Property taxes in the Las Vegas Valley increased about 3.4 percent from 2023 to 2024, according to a new study from LendingTree.
Despite the increase, Las Vegas has a relatively low property tax rate, ranking 44th overall out of the 49 largest metros in the country. The median property tax paid for a house in the valley in 2023 was $1,990, rising to $2,057 a year later.
Nationally, median property taxes hit $3,119 annually in 2024, up 5.1 percent from 2023. Property taxes rose in every major metro from 2023 to 2024, led by Tampa, Florida at 7.7 percent, Denver at 7.4 percent, and Miami at 7.1 percent. Milwaukee saw the smallest increase at 0.7 percent, followed by Phoenix at 1.0 percent and Memphis at 1.1 percent.
Among the largest metros, Phoenix, Las Vegas, and Birmingham pay the smallest percentage of their home value in property taxes. Las Vegas homeowners have an effective tax rate of 0.48 percent, with a median home value of $431,000.
Source: Las Vegas Review-Journal, June 11, 2026. Reported by Patrick Blennerhassett.