Living in Nevada, Iowa
Cost of living, income, home prices, rent and demographics of Nevada · Census data 2020–2024
Nevada has 6,983 residents with a median age of 40.2. The median household income is $75,094 (about the same as the Iowa median), the median home value is $182,400, the median rent is $953/month.
Nevada at a glance
- Population
- 6,983
- Median age
- 40.2State: 38.6
- Median household income
- $75,094State: $75,059
- Median home value
- $182,400State: $208,000
- Median rent
- $953/moState: $972
- Homeowners
- 71.9%
- Bachelor's degree or higher
- 29.6%
- Average commute
- 18 min
Is Nevada a good place to live?
Pros: Median household income about the same as the Iowa median; home values 12% lower than the state median; an average commute of 18 minutes; unemployment of 2%; a poverty rate of 9.9%.
The weather is best in June to September.
Cost of living in Nevada
Housing is the biggest part of the cost of living. In Nevada the median home value is $182,400, 45% lower than the U.S. median. Renters pay a median of $953 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,414 a month in housing costs.
Nevada median household income
The median household income in Nevada is $75,094 and the income per person is $48,676. 9.9% of residents live below the poverty line (Iowa: 11.1%).
Housing in Nevada: homes for sale and rent
- Housing units
- 3,229
- Owner-occupied
- 71.9%
- Renter-occupied
- 28.1%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.30
Nevada demographics
- Population
- 6,983
- Median age
- 40.2
- Under 18
- 24.4%
- 65 and older
- 17.8%
- Households
- 2,980
- Foreign-born
- 1.2%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Nevada ›
Education in Nevada
29.6% of adults 25 and older in Nevada have a bachelor's degree or higher (Iowa: 31.4%), and 8.1% have a graduate or professional degree.
Jobs and commute in Nevada
- Unemployment rate
- 2%State: 3.6%
- Average commute
- 18 minState: 20 min
- Work from home
- 5.7%
- Drive alone
- 84.9%
- Public transit
- 0.2%
- Walk to work
- 1.3%
- Homes with broadband
- 91.2%
Nevada vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nevada | 6,983 | $75,094 | $182,400 | $953 |
| Colo | 686 | $64,000 | $152,000 | $950 |
| Ames | 67,669 | $60,991 | $277,400 | $1,023 |
| Cambridge | 803 | $57,333 | $178,100 | $1,043 |
| Maxwell | 905 | $97,639 | $184,600 | $650 |
| Roland | 1,559 | $79,028 | $185,900 | $1,375 |
| Huxley | 4,544 | $112,094 | $297,100 | $1,393 |
| McCallsburg | 326 | $65,000 | $168,600 | $676 |
| Gilbert | 1,381 | $122,656 | $274,600 | $865 |
More for people moving to Nevada
Nevada ZIP code ›Weather and climate ›Living in Nevada: FAQ
What is the median household income in Nevada, IA?
The median household income in Nevada is $75,094, about the same as the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Nevada?
The median home value in Nevada is $182,400, compared with $208,000 in Iowa.
How much is rent in Nevada?
The median gross rent in Nevada is $953 per month, about 21.9% of household income.
Is Nevada, IA a good place to live?
Pluses: median household income about the same as the Iowa median; home values 12% lower than the state median; an average commute of 18 minutes; unemployment of 2%; a poverty rate of 9.9%.
What is the median age in Nevada?
The median age in Nevada is 40.2 years (Iowa: 38.6).
How long is the commute in Nevada?
The average commute to work in Nevada is 18 minutes; 5.7% of workers work from home.
What is the unemployment rate in Nevada?
The unemployment rate in Nevada is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nevada?
29.6% of adults in Nevada 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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