Paradise, Nevada Income Statistics
Paradise Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Paradise Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Paradise | Nevada Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,596 | $78,637 | $80,455 |
| Median Personal Income | $45,699 | $54,226 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.9% | 4.8% |
| Six-Figure Earners | 7.9% | 11.7% | 13.9% |
| $200k+ Households | 6.2% | 10.9% | 13.2% |
The median household income in Paradise is about 25% lower than in Nevada. Income has been growing slower in Paradise (4.3%/yr) than in Nevada (4.9%/yr).
About 8% of adults in Paradise earn six figures ($100,000 or more) a year, lower than the Nevada average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Paradise, Nevada grew by 27.2% from 2009 to 2024, reaching $58,596 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Paradise
| Metric | Paradise | Nevada Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.551 | 0.546 | 0.552 |
| Male Median Income | $52,351 | $62,240 | $69,667 |
| Female Median Income | $44,719 | $52,310 | $56,850 |
| Gender Pay Gap | 14.6% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Paradise, it is 0.551, about the same as Nevada's 0.546, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 17% more than women's income in Paradise, Nevada. Over a 35-year career, a 17% wage gap accumulates to roughly $267,120 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Paradise, Nevada has widened from about 9% to 15% in 2024. Over that period the gap was narrowest at 6% in 2018. In dollar terms, the gap has widened by $4,369 since 2009.
Sharply against the trend: the pay gap in Paradise widened by 5.6 points while Nevada's narrowed by 5.2 points.
Employment
| Metric | Paradise | Nevada Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.7% | 6.9% | 5.2% |
| Working from Home | 11.2% | 11.9% | 15.0% |
| Commute time (minutes) | 21 | 22 | 22 |
Approximately 9,619 people are unemployed in Paradise, Nevada.
The average commute time in Paradise is 21 minutes, shorter than the 22 minutes in Nevada.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Paradise, Nevada has fallen from 10.8% to 9.7% in 2024. Over that period the rate peaked at 13.1% in 2013 and fell as low as 7.1% in 2019.
Paradise, NV Wealth Compared With Nearby Cities
Paradise, NV is typical in size for this group, 186,450 residents against a local median of 191,359, so the measures below are close to a like for like comparison. Paradise, NV's unemployment, at 9.7%, runs 27% above the 7.7% typical of the cities around it. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $58,596 against a local median of $69,859, 16% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Paradise, NV reads weaker than its neighbours on all of them. The cities themselves spread 2.6% on unemployment, so Paradise, NV sits at one end of an already wide local range rather than apart from it. Paradise, NV has the 6th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Paradise, NV | 186,450 | $58,596 #4/6 | 4.3%/yr #6/6 | 9.7% #6/6 | 0.551 #6/6 |
| Winchester, NV | 36,180 | $50,917 | 4.6%/yr | 8.9% | 0.544 |
| Whitney, NV | 38,569 | $69,859 | 4.8%/yr | 7.4% | 0.522 |
| Enterprise, NV | 221,670 | $95,898 | 4.4%/yr | 6.3% | 0.522 |
| Sunrise Manor, NV | 191,359 | $58,192 | 5.1%/yr | 8.9% | 0.541 |
| Spring Valley, NV | 217,800 | $74,098 | 4.5%/yr | 7.7% | 0.534 |
Conclusion
Considering all these factors, Paradise, Nevada has an overall wealth index grade of D, making it somewhat worse than Nevada, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Paradise, Nevada.
How Rich Is Paradise, Nevada?
Paradise has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,596, about 25% lower than the Nevada average of $78,637.
How fast is household income rising in Paradise, Nevada?
Between 2009 and 2024, the median household income in Paradise, Nevada rose 27%, from $46,084 to $58,596. Over the same years, income here lagged behind Nevada as a whole: +27% against +41%.
What was the median household income in Paradise in 2023?
In 2023, the median household income in Paradise, Nevada was $58,345, up 6% from $55,206 in 2022. The Nevada median that year was $75,604.
What was the median household income in Paradise in 2020?
In 2020, the median household income in Paradise, Nevada was $47,490. By 2024 it had risen 23% to $58,596.
Is it hard to find a job in Paradise, Nevada?
Unemployment in Paradise, Nevada is 9.7%, well above the Nevada rate of 6.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Paradise, Nevada?
The Gini coefficient in Paradise is 0.551. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Paradise, Nevada?
Since 2009, the income gap between men and women in Paradise, Nevada has widened from about 9% to 15% in 2024. Over that period the gap was narrowest at 6% in 2018. In dollar terms, the gap has widened by $4,369 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →