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Wednesday, November 27, 2024

Nevada collects $297 million in property tax revenue in Q3 2021

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Nevada collected $297 million in property taxes during the third quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Overall, Nevada collected $1.2 billion in combined tax revenues in the third quarter.

Third Quarter Nevada Tax Collections
Type of TaxAmount (in millions of dollars)
Property Taxes$297
Sales and Gross Receipts Taxes$800
License Taxes$130
Other Taxes$7
Source: U.S. Census Bureau

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