Sun Valley, Nevada Income Statistics
Sun Valley 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
Sun Valley Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Sun Valley | Nevada Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,855 | $78,637 | $80,455 |
| Median Personal Income | $45,627 | $54,226 | $60,758 |
| Average Yearly Income Growth | 6.9% | 4.9% | 4.8% |
| Six-Figure Earners | 4.3% | 11.7% | 13.9% |
| $200k+ Households | 3.9% | 10.9% | 13.2% |
The median household income in Sun Valley is about 2% lower than in Nevada. Income has been growing faster in Sun Valley (6.9%/yr) than in Nevada (4.9%/yr).
About 4% of adults in Sun Valley 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 Sun Valley, Nevada grew by 62.9% from 2009 to 2024, reaching $76,855 in 2024. That's an average of about 6.9% per year.
Income Inequality and the Gender Pay Gap in Sun Valley
| Metric | Sun Valley | Nevada Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.535 | 0.546 | 0.552 |
| Male Median Income | $54,959 | $62,240 | $69,667 |
| Female Median Income | $46,057 | $52,310 | $56,850 |
| Gender Pay Gap | 16.2% | 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 Sun Valley, it is 0.535, 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 Sun Valley, Nevada. Over a 35-year career, a 19% wage gap accumulates to roughly $311,570 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Sun Valley, Nevada has narrowed from about 28% to 16% in 2024. Over that period the gap was narrowest at 0% in 2015. In dollar terms, the gap has narrowed by $2,115 since 2009.
Employment
| Metric | Sun Valley | Nevada Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.2% | 6.9% | 5.2% |
| Working from Home | 4.2% | 11.9% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 736 people are unemployed in Sun Valley, Nevada.
The average commute time in Sun Valley is 22 minutes, about the same as in Nevada.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Sun Valley, Nevada has fallen from 13.4% to 7.2% in 2024. Over that period the rate peaked at 14.7% in 2012 and fell as low as 5.3% in 2020.
Sun Valley, NV Wealth Compared With Nearby Cities
How Sun Valley, 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. |
|---|---|---|---|---|---|
| Sun Valley, NV | 21,618 | $76,855 #3/3 | 6.9%/yr #1/3 | 7.2% #3/3 | 0.535 #3/3 |
| Sparks, NV | 103,031 | $87,712 | 6.5%/yr | 5.1% | 0.504 |
| Reno, NV | 252,492 | $78,222 | 6.4%/yr | 5.3% | 0.527 |
Conclusion
Considering all these factors, Sun Valley, Nevada has an overall wealth index grade of C, making it about on par with Nevada, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Sun Valley, Nevada.
How Rich Is Sun Valley, Nevada?
Sun Valley 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 $76,855, about 2% lower than the Nevada average of $78,637.
How fast is household income rising in Sun Valley, Nevada?
Between 2009 and 2024, the median household income in Sun Valley, Nevada rose 63%, from $47,176 to $76,855. Over the same years, income here outpaced Nevada as a whole: +63% against +41%.
What was the median household income in Sun Valley in 2023?
In 2023, the median household income in Sun Valley, Nevada was $73,902, up 6% from $69,676 in 2022. The Nevada median that year was $75,604.
What was the median household income in Sun Valley in 2020?
In 2020, the median household income in Sun Valley, Nevada was $55,205. By 2024 it had risen 39% to $76,855.
What is the Gini coefficient in Sun Valley, Nevada?
The Gini coefficient in Sun Valley is 0.535. 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 Sun Valley, Nevada?
Since 2009, the income gap between men and women in Sun Valley, Nevada has narrowed from about 28% to 16% in 2024. Over that period the gap was narrowest at 0% in 2015. In dollar terms, the gap has narrowed by $2,115 since 2009.
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