Living in Nevada City, California
Cost of living, income, home prices, rent and demographics of Nevada City · Census data 2020–2024
Nevada City has 3,172 residents with a median age of 52.8. The median household income is $75,792 (24% lower than the California median), the median home value is $677,400, the median rent is $1,411/month.
Nevada City at a glance
- Population
- 3,172
- Median age
- 52.8State: 37.9
- Median household income
- $75,792State: $99,122
- Median home value
- $677,400State: $734,700
- Median rent
- $1,411/moState: $2,036
- Homeowners
- 54.3%
- Bachelor's degree or higher
- 49.5%
- Average commute
- 21 min
Is Nevada City a good place to live?
Pros: Home values 8% lower than the state median; an average commute of 21 minutes; unemployment of 0%; a poverty rate of 8.9%.
Cons: Median household income 24% lower than the California median.
The weather is best in June and August to October.
Cost of living in Nevada City
Housing is the biggest part of the cost of living. In Nevada City the median home value is $677,400, 104% higher than the U.S. median. Renters pay a median of $1,411 per month, which is 24.1% of household income. Homeowners with a mortgage pay $2,946 a month in housing costs.
Nevada City median household income
The median household income in Nevada City is $75,792 and the income per person is $49,411. 8.9% of residents live below the poverty line (California: 12%).
Housing in Nevada City: homes for sale and rent
- Housing units
- 1,629
- Owner-occupied
- 54.3%
- Renter-occupied
- 45.7%
- Vacant
- 18.8%Includes seasonal homes
- Median year built
- 1947
- Average household size
- 2.28
Nevada City demographics
- Population
- 3,172
- Median age
- 52.8
- Under 18
- 18.3%
- 65 and older
- 40.9%
- Households
- 1,323
- Foreign-born
- 9.6%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Nevada City ›
Education in Nevada City
49.5% of adults 25 and older in Nevada City have a bachelor's degree or higher (California: 37.1%), and 17.5% have a graduate or professional degree.
Jobs and commute in Nevada City
- Unemployment rate
- 0%State: 6.6%
- Average commute
- 21 minState: 29 min
- Work from home
- 31.5%
- Drive alone
- 52.8%
- Public transit
- 0%
- Walk to work
- 4.3%
- Homes with broadband
- 97.7%
Nevada City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nevada City | 3,172 | $75,792 | $677,400 | $1,411 |
| Grass Valley | 14,113 | $51,764 | $482,200 | $1,458 |
| Rough and Ready | 736 | $102,725 | $691,500 | $1,214 |
| Lake Wildwood | 4,792 | $85,771 | $551,800 | $2,507 |
| Alta Sierra | 7,361 | $105,603 | $563,700 | $2,254 |
| Penn Valley | 1,678 | $64,737 | $500,700 | $1,230 |
| Dutch Flat | 200 | $96,136 | $440,300 | — |
| Dobbins | 875 | $54,386 | $423,400 | — |
| Colfax | 2,407 | $72,788 | $434,300 | $1,553 |
More for people moving to Nevada City
Nevada City ZIP code ›Weather and climate ›Living in Nevada City: FAQ
What is the median household income in Nevada City, CA?
The median household income in Nevada City is $75,792, 24% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Nevada City?
The median home value in Nevada City is $677,400, compared with $734,700 in California.
How much is rent in Nevada City?
The median gross rent in Nevada City is $1,411 per month, about 24.1% of household income.
Is Nevada City, CA a good place to live?
Pluses: home values 8% lower than the state median; an average commute of 21 minutes; unemployment of 0%; a poverty rate of 8.9%. Minuses: median household income 24% lower than the California median.
What is the median age in Nevada City?
The median age in Nevada City is 52.8 years (California: 37.9).
How long is the commute in Nevada City?
The average commute to work in Nevada City is 21 minutes; 31.5% of workers work from home.
What is the unemployment rate in Nevada City?
The unemployment rate in Nevada City is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nevada City?
49.5% of adults in Nevada City have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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