Sparks, Nevada Income Statistics
Sparks 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.
-
C
Sparks Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sparks | Nevada Avg | US Average |
|---|---|---|---|
| Median Household Income | $87,712 | $78,637 | $80,455 |
| Median Personal Income | $54,028 | $54,226 | $60,758 |
| Average Yearly Income Growth | 6.5% | 4.9% | 4.8% |
| Six-Figure Earners | 11.8% | 11.7% | 13.9% |
| $200k+ Households | 10.7% | 10.9% | 13.2% |
The median household income in Sparks is about 12% higher than in Nevada. Income has been growing faster in Sparks (6.5%/yr) than in Nevada (4.9%/yr).
About 12% of adults in Sparks earn six figures ($100,000 or more) a year, about the same as the Nevada average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Sparks, Nevada grew by 57.9% from 2009 to 2024, reaching $87,712 in 2024. That's an average of about 6.5% per year.
Income Inequality and the Gender Pay Gap in Sparks
| Metric | Sparks | Nevada Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.546 | 0.552 |
| Male Median Income | $62,659 | $62,240 | $69,667 |
| Female Median Income | $52,472 | $52,310 | $56,850 |
| Gender Pay Gap | 16.3% | 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 Sparks, it is 0.504, lower than Nevada's 0.546, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Sparks, Nevada. Over a 35-year career, a 19% wage gap accumulates to roughly $356,545 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sparks, Nevada has narrowed from about 24% to 16% in 2024. Over that period the gap was widest at 25% in 2010, and was narrowest at 14% in 2016. In dollar terms, the gap has narrowed by $836 since 2009.
Employment
| Metric | Sparks | Nevada Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 6.9% | 5.2% |
| Working from Home | 10.7% | 11.9% | 15.0% |
| Commute time (minutes) | 21 | 22 | 22 |
Approximately 2,921 people are unemployed in Sparks, Nevada.
The average commute time in Sparks is 21 minutes, shorter than the 22 minutes in Nevada.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sparks, Nevada has fallen from 10.2% to 5.1% in 2024. Over that period the rate peaked at 11.9% in 2013.
Sparks, NV Wealth Compared With Nearby Cities
How Sparks, NV compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Sparks, NV | 103,031 | $87,712 #1/3 | 6.5%/yr #2/3 | 5.1% #1/3 | 0.504 #1/3 |
| Sun Valley, NV | 21,618 | $76,855 | 6.9%/yr | 7.2% | 0.535 |
| Reno, NV | 252,492 | $78,222 | 6.4%/yr | 5.3% | 0.527 |
Conclusion
Considering all these factors, Sparks, Nevada has an overall wealth index grade of C, making it somewhat better than Nevada, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sparks, Nevada.
How Rich Is Sparks, Nevada?
Sparks has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $87,712, about 12% higher than the Nevada average of $78,637.
How has median household income changed in Sparks, Nevada?
Between 2009 and 2024, the median household income in Sparks, Nevada rose 58%, from $55,538 to $87,712. Over the same years, income here outpaced Nevada as a whole: +58% against +41%.
What was the median household income in Sparks in 2023?
In 2023, the median household income in Sparks, Nevada was $86,783, up 5% from $82,395 in 2022. The Nevada median that year was $75,604.
What was the median household income in Sparks in 2020?
In 2020, the median household income in Sparks, Nevada was $67,074. By 2024 it had risen 31% to $87,712.
Is it hard to find a job in Sparks, Nevada?
Unemployment in Sparks, Nevada is only 5.1%, well below the Nevada rate of 6.9%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Sparks, Nevada?
The Gini coefficient in Sparks is 0.504. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Sparks, Nevada?
Since 2009, the income gap between men and women in Sparks, Nevada has narrowed from about 24% to 16% in 2024. Over that period the gap was widest at 25% in 2010, and was narrowest at 14% in 2016. In dollar terms, the gap has narrowed by $836 since 2009.
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