Nevada, Texas Median Income

Nevada, Texas has a population of 1,411, with a median household income of $74,220.

Current median income data for Nevada.

$74,220

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Population

1,411

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Median Income

$74,220

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Unemployment

3.10%

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Housing Price

$318,800

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Crime Rate

8.90

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Internet Speed

142.70 Mbps

Nevada is a small local community located in Texas. The city has a population that is below the average city population in Texas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Texas, Nevada provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Nevada has a population of 1,411, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Nevada is $74,220, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Nevada average around $318,800, which is relatively high compared to other cities in Texas.

Employment and Safety

The unemployment rate in Nevada is 3.10%, which is lower than the state average, indicating a relatively strong job market. Nevada has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Texas, Nevada shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Texas, Nevada contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Nevada

What is the population of Nevada?

The population of Nevada is approximately 1,411.

Is Nevada a good place to live?

Nevada offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Nevada?

The median household income in Nevada is around $74,220.

How expensive is housing in Nevada?

The average housing price in Nevada is approximately $318,800.