Living in Nevada, Missouri
Cost of living, income, home prices, rent and demographics of Nevada · Census data 2020–2024
Nevada has 7,925 residents with a median age of 39.1. The median household income is $42,813 (39% lower than the Missouri median), the median home value is $122,700, the median rent is $720/month.
Nevada at a glance
- Population
- 7,925
- Median age
- 39.1State: 39
- Median household income
- $42,813State: $70,702
- Median home value
- $122,700State: $230,300
- Median rent
- $720/moState: $1,033
- Homeowners
- 52.9%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 14 min
Is Nevada a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 14 minutes.
Cons: Median household income 39% lower than the Missouri median; unemployment of 5.7%; a poverty rate of 27.8%.
The weather is best in May–June and September–October.
Cost of living in Nevada
Housing is the biggest part of the cost of living. In Nevada the median home value is $122,700, 63% lower than the U.S. median. Renters pay a median of $720 per month, which is 26.9% of household income. Homeowners with a mortgage pay $1,042 a month in housing costs.
Nevada median household income
The median household income in Nevada is $42,813 and the income per person is $22,811. 27.8% of residents live below the poverty line (Missouri: 12.6%).
Housing in Nevada: homes for sale and rent
- Housing units
- 3,935
- Owner-occupied
- 52.9%
- Renter-occupied
- 47.1%
- Vacant
- 14.5%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.17
Nevada demographics
- Population
- 7,925
- Median age
- 39.1
- Under 18
- 19.6%
- 65 and older
- 18.4%
- Households
- 3,365
- Foreign-born
- 3%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Nevada ›
Education in Nevada
14.3% of adults 25 and older in Nevada have a bachelor's degree or higher (Missouri: 32.4%), and 5.1% have a graduate or professional degree.
Jobs and commute in Nevada
- Unemployment rate
- 5.7%State: 4%
- Average commute
- 14 minState: 24 min
- Work from home
- 8.6%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 83.7%
Nevada vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nevada | 7,925 | $42,813 | $122,700 | $720 |
| Walker | 359 | $40,417 | — | $663 |
| Bronaugh | 163 | $52,917 | $43,600 | $1,000 |
| Sheldon | 443 | $41,848 | $67,500 | $617 |
| Rich Hill | 1,453 | $47,167 | $75,600 | $900 |
| Schell City | 224 | $46,250 | $57,500 | $569 |
| El Dorado Springs | 3,586 | $32,128 | $103,900 | $775 |
More for people moving to Nevada
Nevada ZIP code ›Weather and climate ›Living in Nevada: FAQ
What is the median household income in Nevada, MO?
The median household income in Nevada is $42,813, 39% lower than the Missouri median of $70,702 (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 $122,700, compared with $230,300 in Missouri.
How much is rent in Nevada?
The median gross rent in Nevada is $720 per month, about 26.9% of household income.
Is Nevada, MO a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 14 minutes. Minuses: median household income 39% lower than the Missouri median; unemployment of 5.7%; a poverty rate of 27.8%.
What is the median age in Nevada?
The median age in Nevada is 39.1 years (Missouri: 39).
How long is the commute in Nevada?
The average commute to work in Nevada is 14 minutes; 8.6% of workers work from home.
What is the unemployment rate in Nevada?
The unemployment rate in Nevada is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nevada?
14.3% 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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