Nye County
Overview
Nye County has a population of more nearly 40,000 and offers a quiet quality of life. Mining, service and government are the largest industries in the county and industries are supported by strong transportation links to California. Nye County has numerous golf courses and mining ghost towns, and hosts annual professional off-road competitions. Additionally, the area is in close proximity to Death Valley and its endless recreational opportunities.
Tonopah
Tonopah is located 239 miles south-east of Reno/Sparks and 207 miles northwest of Las Vegas on U.S. Highway 95 and 6 and State Route 376. Nye County, the third largest county in the United States, totals 18,064 square miles. To the south, Nye County borders the state of California.
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 Nye County, the sales tax rate is 7.100.
Property Tax Rate
In Nye County, the 2009-10 average county wide tax rate is 3.1621.
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 | 47,370 |
| 2007 | 46,308 |
| 2006 | 44,795 |
| 2005 | 41,302 |
| 2004 | 38,181 |
Source: Nevada State Demographer
Gender Composition
| Year | Est Population | Male | Female | ||
|---|---|---|---|---|---|
| # | % | # | % | ||
| 2008 | 46,012 | 23,447 | 51.0 | 22,565 | 49.0 |
| 2007 | 39,822 | 20,282 | 50.9 | 19,540 | 49.1 |
| 2006 | 40,416 | 20,534 | 50.8 | 19,882 | 49.2 |
| 2005 | 37,749 | 19,269 | 51.0 | 18,480 | 49.0 |
Source: Applied Geographic Solutions
Labor
Employment
| Year | Labor Force | Employment | Unemployment | Unemployment Rate (Local) |
|---|---|---|---|---|
| 2009 | 17,764 | 16,036 | 2,651 | 14.3 |
| 2008 | 19,338 | 17,554 | 1,784 | 9.2 |
| 2007 | 18,124 | 16,871 | 1,253 | 6.9 |
| 2006 | 17,161 | 16,278 | 882 | 5.1 |
| 2005 | 16,214 | 15,372 | 843 | 5.2 |
Information obtained from Nevada Department of Employment, Training and Rehabilitation (DETR)
