White Pine County

Overview

A small community with a population of approximately 9,000 people, White Pine County supports a progressive business climate with a relaxing quality of life. Ely is the regional center for the area and the county is well positioned for new industry and growth. Such growth is supported by newly developed industrial parks and nearby rail lines. Additionally, White Pine County houses the beautiful and highly visited Great Basin National Park.

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

Taxes

Sales Tax Rate

In White Pine County, the sales tax rate is 7.475.

Property Tax Rate

In White Pine County, the 2009-10 average county wide tax rate is 3.6600.

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 9,694
2007 9,590
2006 9,542
2005 9,275
2004 8,966

Source: Nevada State Demographer

Population within the Cities of White Pine County

City Year Population
Ely 2008 4,352
2007 4,294
2006 4,325
2005 4,166
2004 3,962

Source: State of Nevada Demographer

Gender Composition

Year Est Population Male Female
# % # %
2008 9,197 5,170 56.2 4,027 43.8
2007 8,420 4,723 56.1 3,697 43.9
2006 8,395 4,758 56.7 3,637 43.3
2005 8,240 4,673 56.7 3,567 43.3

Source: Applied Geographic Solutions

Labor

Employment

Year Labor Force Employment Unemployment Unemployment
Rate (Local)
2009 4,801 4,576 365 7.4
2008 5,059 4,822 237 4.7
2007 4,602 4,411 191 4.2
2006 4,357 4,173 184 4.2
2005 4,050 3,873 178 4.4

Source: Nevada Department of Employment, Training and Rehabilitation (DETR)