Nevada Income Statistics
Nevada Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a state's residents based on income levels, employment rates, and income inequality metrics.
-
C
Nevada Below averageLess wealthy than 75% of states in US
Source: Map AI Methodology
Wealthiest and Least Wealthy Counties in Nevada
- Elko County (113% of U.S. avg)
- Humboldt County (112% of U.S. avg)
- Lander County (111% of U.S. avg)
- Pershing County (69% of U.S. avg)
- Mineral County (80% of U.S. avg)
- Esmeralda County (84% of U.S. avg)
Ranked by the Map AI Wealth Index, which combines income, employment, and income inequality metrics.
Income Statistics Overview
| Metric | Nevada | US Average |
|---|---|---|
| Median Household Income | $78,637 | $80,455 |
| Median Personal Income | $54,226 | $60,758 |
| Average Yearly Income Growth | 4.9% | 4.8% |
| Six-Figure Earners | 11.7% | 13.9% |
| $200k+ Households | 10.9% | 13.2% |
The median household income in Nevada is about 2% lower than in US. Income has been growing faster in Nevada (4.9%/yr) than in US (4.8%/yr).
About 12% of adults in Nevada earn six figures ($100,000 or more) a year, lower than the US average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Nevada grew by 40.7% from 2009 to 2024, reaching $78,637 in 2024. That's an average of about 4.9% per year.
Income Inequality and the Gender Pay Gap in Nevada
| Metric | Nevada | US Average |
|---|---|---|
| Gini Coefficient | 0.546 | 0.552 |
| Male Median Income | $62,240 | $69,667 |
| Female Median Income | $52,310 | $56,850 |
| Gender Pay Gap | 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 Nevada, it is 0.546, lower than 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 Nevada. Over a 35-year career, a 19% wage gap accumulates to roughly $347,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Nevada has narrowed from about 21% to 16% in 2024. Over that period the gap was widest at 22% in 2010, and was narrowest at 15% in 2022. In dollar terms, the gap has widened by $381 since 2009.
Employment
| Metric | Nevada | US Average |
|---|---|---|
| Unemployment Rate | 6.9% | 5.2% |
| Working from Home | 11.9% | 15.0% |
| Commute time (minutes) | 22 | 22 |
Approximately 112,405 people are unemployed in Nevada.
The average commute time in Nevada is 22 minutes, about the same as in US.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Nevada has fallen from 10.4% to 6.9% in 2024. Over that period the rate peaked at 12.4% in 2013 and fell as low as 6.1% in 2019.
Nevada Wealth Compared With Nearby States
Nevada is the 5th largest of the 6 states compared here, 3,183,702 residents against a local median of 4,252,306. Where Nevada breaks from the states next to it is unemployment, sitting 37% above the local median of 5.1% at 6.9%. That is the weaker end of the local range on this measure.
The states themselves spread 3.0% on unemployment, so Nevada sits at one end of an already wide local range rather than apart from it. Nevada 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. |
|---|---|---|---|---|---|
| Nevada | 3,183,702 | $78,637 #5/6 | 4.9%/yr #6/6 | 6.9% #6/6 | 0.546 #3/6 |
| California | 39,245,658 | $99,161 | 5.6%/yr | 6.6% | 0.572 |
| Utah | 3,390,702 | $95,466 | 5.4%/yr | 3.5% | 0.551 |
| Idaho | 1,929,983 | $78,141 | 6.0%/yr | 3.7% | 0.542 |
| Oregon | 4,252,306 | $83,617 | 5.7%/yr | 5.3% | 0.538 |
| Arizona | 7,356,359 | $80,381 | 5.7%/yr | 5.1% | 0.548 |
Conclusion
Considering all these factors, Nevada has an overall wealth index grade of C, making it about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Nevada.
How Rich Is Nevada?
Nevada 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 $78,637, about 2% lower than the US average of $80,455.
Are incomes growing in Nevada?
Between 2009 and 2024, the median household income in Nevada rose 41%, from $55,890 to $78,637. Over the same years, income here lagged behind the U.S. as a whole: +41% against +57%.
What was the median household income in Nevada in 2023?
In 2023, the median household income in Nevada was $75,604, up 5% from $72,008 in 2022. The US median that year was $78,147.
What was the median household income in Nevada in 2020?
In 2020, the median household income in Nevada was $62,393. By 2024 it had risen 26% to $78,637.
Is unemployment high in Nevada?
Unemployment in Nevada is 6.9%, well above the US rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Nevada?
The Gini coefficient in Nevada is 0.546. 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 Nevada?
Since 2009, the income gap between men and women in Nevada has narrowed from about 21% to 16% in 2024. Over that period the gap was widest at 22% in 2010, and was narrowest at 15% in 2022. In dollar terms, the gap has widened by $381 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 →