When Are Las Vegas Property Taxes Due?
Annual property taxes in Las Vegas are due on the third Monday in August. However, if the taxes exceed $100, they may be paid in installments. The installment due dates are:
- First Installment: 3rd Monday in August.
- Second Installment: 1st Monday in October.
- Third Installment: 1st Monday in January.
- Fourth Installment: 1st Monday in March.
What Do Property Taxes Pay For in Las Vegas?
Property taxes in Las Vegas help fund a wide range of essential local services and infrastructure. Since Nevada doesn’t collect personal income tax, property taxes play a key role in supporting public needs. Here’s where those dollars typically go:
- Public education: Funding for the Clark County School District, including teacher salaries, school operations, and facilities.
- Police and fire services: Supporting the Las Vegas Metropolitan Police Department, local fire departments, and emergency response.
- Libraries and parks: Maintaining community libraries, parks, trails, and recreational programs.
County and city government operations: Covering general administration, court systems, public health, and social services. - Roads and transportation: Paying for street maintenance, traffic signals, and regional transportation planning.
- Capital improvement and bond repayment: Supporting long-term public projects like new schools, road expansions, or public safety upgrades.
Tax revenue is distributed among several entities, including the City of Las Vegas, Clark County, and local special districts, depending on your property’s exact location.
Yes, You Can Buy Before You Sell. Why Move Twice?
Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.
What Does It Cost to Buy a Home in Las Vegas?
How Much House Can You Afford?
Affordability in Las Vegas depends on your income, debt, credit score, and mortgage rate. With a median household income of around $70,000 in the City of Lights, a buyer might afford a home in the $290,000–$360,000 range using standard debt-to-income guidelines. However, with the Las Vegas median home price hovering at $450,000, many buyers need dual incomes or additional savings to qualify.
Use HomeLight’s Home Affordability Calculator to estimate your budget based on your income, debts, and current rates.
What Down Payment Will You Need in Las Vegas?
According to the City of Las Vegas’ 2024 Housing Report, a standard 5% down payment is used in affordability modeling for a $448,174 median-value home, with typical monthly costs of around $1,758. Without an assistance program, here are some examples of what your down payment could look like on a $450,000 home:
- 5% down = $22,500
- 10% down = $45,000
- 15% down = $67,500
- 20% down = $90,000
There are also down payment assistance programs available in Nevada, such as Home Is Possible, which provides state-backed funds to help first-time buyers as well as military/veterans, and teachers. Try HomeLight’s Down Payment Calculator to see how different down payments affect your monthly payment and loan size.
How Much Are Closing Costs in Las Vegas?
Buyers in Las Vegas can expect to pay about 2% to 5% of the purchase price in closing costs. These may include:
- Loan origination and underwriting fees
- Title insurance and escrow fees
- Appraisal and inspection costs
- Prepaid property taxes and homeowners insurance
- Filing and recording fees
For a $450,000 home, that means estimated closing costs of $9,000 to $22,500. Use HomeLight’s Closing Costs Calculator to get a personalized estimate based on your expected Las Vegas home purchase price.
How To Find a Trusted Las Vegas Real Estate Agent
An experienced Las Vegas agent can help you understand local tax rates, school districts, and development trends — and guide you toward neighborhoods that fit your lifestyle and budget.
HomeLight’s free Agent Match tool uses data from over 27 million transactions and thousands of verified reviews to match you with top Las Vegas agents based on real performance, not paid ads.