Esmeralda County
Overview
Esmeralda County is located halfway between Reno and Las Vegas, is the home to many mining communities and ghost towns. Surrounded by rugged mountain wilderness, vast open basins and rich mines. Esmeralda County offers a variety of spectacular scenery, a comfortable lifestyle and an excellent business climate. Goldfield, the principal city of Esmeralda County, is in fact a gold field of opportunity for businesses.Esmeralda County is an excellent place to do business because of its unlimited rural expanses and outstanding recreational opportunities, attractive, moderate cost of living, mild climate, excellent location and transportation network, quality schools and educational environment, favorable, pro-business tax structure, and ample industrial and residential land.
Goldfield
Goldfield is located 186 miles north of Las Vegas and 265 miles south of Reno on U.S. Highway 95. It is approximately 26 miles south of Tonopah. To the west, Esmeralda County borders the state of California.
Business Advantages
The incentives of doing business in Nevada are expansive. Nevada boasts one of the most liberal tax structures in the nation and from a tax-planning perspective, the return on investment in the form of tax saving dollars can be enormous.
Incentives
- Minimum State Requirements for Rural Areas
- Minimum State Requirements for Expansions
- Minimum State Requirements for Rural Recycling and Intellectual Property
Taxes
Sales Tax Rate
In Esmeralda County, the sales tax rate is 6.850.
Property Tax Rate
In Esmeralda County, the 2009-10 average county wide tax rate is 3.0195.
Calculating Real Property Taxes
The formula for calculating real property tax is as follows:
- Taxable Value x .35 = Assessed Value
- Assessed Value x Tax Rate = Total Real Property Tax
For more information, please see How Property Taxes are Calculated.
Calculating Personal Property Taxes
Using the Cost Conversion Factor tables in the Personal Property Manual, use the following formula to calculate the assessed value.
The assessed value is the value on which taxes are calculated.
- Actual Cost x Cost Index (for appropriate year) = Cost of Replacement
- Cost of Replacement x Percent Good = Taxable Value
- Taxable Value x .35 = Assessed Value
- Assessed Value x Tax Rate = Total Personal Property Tax
Demographics
Population
| Year | Population |
|---|---|
| 2008 | 1,240 |
| 2007 | 1,236 |
| 2006 | 1,262 |
| 2005 | 1,276 |
| 2004 | 1,176 |
Source: Nevada State Demographer
Gender Composition
| Year | Male | Female | ||
|---|---|---|---|---|
| # | % | # | % | |
| 2006 | 421 | 55.5 | 337 | 44.5 |
| 2005 | 438 | 56.1 | 343 | 43.9 |
Source: Applied Geographic Solutions
Labor
Employment
| Year | Labor Force | Employment | Unemployment | Unemployment Rate (Local) |
|---|---|---|---|---|
| 2009 | 472 | 448 | 37 | 8.5 |
| 2008 | 491 | 465 | 26 | 5.3 |
| 2007 | 464 | 447 | 17 | 3.7 |
| 2006 | 460 | 438 | 22 | 4.9 |
| 2005 | 445 | 422 | 23 | 5.1 |
Source: Nevada Department of Employment, Training and Rehabilitation (DETR)
