Cost of Living & Housing in Yerington
Yerington offers a lower combined sales tax rate than neighboring Fernley and Dayton within the same county, alongside no state income tax -- though home prices show real, recent appreciation worth budgeting for.
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Learn moreHome prices: real, disclosed recent appreciation
Yerington's median property value ran $284,800 in 2024, up a real 11.9% from $254,600 in 2023 (base record). A more recent June 2026 median list price ran higher still, at $330,000 -- list price and closed median-value figures use different methodologies, so both are disclosed rather than blended into one number.
Low property tax, no income tax
Nevada's statewide average effective property tax rate is 0.50%, and no Yerington-specific deviation was independently sourced (base record). Nevada also levies no state individual income tax, and caps year-over-year property tax bill growth at 3% for an owner-occupied primary residence under state law.
Lyon County's lower 7.1% rate applies here
Yerington falls under Lyon County's 7.1% combined sales tax rate -- notably lower than the 7.6% rate specific to Fernley and Dayton elsewhere in the same county (base record). Both stem from Nevada's 4.6% state base plus different local-option add-ons.
A real, current local economic story worth watching
The Pumpkin Hollow copper mine near Yerington closed in a June 2024 bankruptcy, was acquired by Kinterra Capital in October 2024, and was reported reopening as of June 2026 (base record) -- a real, current development relevant to local employment and the broader local economy, but genuinely volatile rather than settled, worth re-verifying before relying on it as a stable fact.
Key takeaways
- Median property value ran $284,800 in 2024 (up 11.9% YoY), with a June 2026 median list price of $330,000 -- real, disclosed recent appreciation.
- No state income tax, plus a low, statewide-average 0.50% effective property tax rate.
- Combined sales tax runs 7.1% -- lower than the 7.6% rate specific to neighboring Fernley and Dayton within the same county.
- The nearby Pumpkin Hollow copper mine's reported 2026 reopening is a real, current development worth watching, given its recent 2024 bankruptcy and closure.
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