NV
Nevada
Population 3,184,612
6 Sources
Updated September 10, 2026
3.2M
Population
334,922,499 U.S.
$78,260
Median Income
$80,734 national
$269B
GDP (current $), change real
5.4%
Unemployment
4.0% national
County Map
Click a county to view its economic profile
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$78,260
Per Capita
$41,354
Mean Household
$106,475
Poverty Rate
12.4%
Age & Race / Ethnicity
Source: Census Bureau ACS 2020-2024 · Table B01001, B02001, B03003
Cohorts
Under 18 · 21.7%
18-34 · 22.4%
35-54 · 26.4%
55-64 · 12.4%
65+ · 17%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
87.5%
High School+
National: 89.6%
2.1 pts
27.9%
Bachelor's+
National: 35.7%
7.8 pts
9.8%
Graduate+
National: 14.1%
4.3 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
3,184,612
Population
1,612,158
Labor Force
Employed
1,499,718
Unemployment Rate BLS LAUS 2024 annual
5.4%
2025 is not shown for Nevada: a state annual average needs all 12 months and the Bureau of Labor Statistics has published 11. County pages draw on the separate annual series and may show 2025.
Mean Commute 2 min below national avg
24.8 min
Work From Home vs 15.1% national
11.9%
Labor Force and Employed are ACS 5-Year survey estimates; the Unemployment Rate above comes from BLS LAUS, a separate monthly survey with its own methodology. The two won't reconcile by subtracting one from the other.
Nevada's median household income sits 3% below the national median. At 12.4%, its poverty rate runs 0.1 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 27.9% trails the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2020-2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
- Income near the national median: Median household income tracks the national median, indicating a broad-based consumer market.
- Talent gap: Bachelor's-or-higher attainment trails the national average by 7.8 pts, relevant for advanced-services attraction strategy.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
$269B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP2 Regional GDP
99.979
Cost of Living - Below Avg
Key Takeaways
- Largest private-sector industry: Accommodation and Food Services employs 314,503 workers (26.6% of the tracked sectors), at an average wage of $43,641. Every industry figure on this page is private sector; government employs a further 175,045 and is counted separately.
- Economic scale: State GDP of $269B (2024).
- Wage stratification: Finance and Insurance averages $113,157 while Accommodation and Food Services averages $43,641, a 2.6x spread in the same economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP (CAGDP2).
Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Attraction Opportunities - Below-Average Industries
LQ < 0.5, below-average employment, screened against industrial power cost. Source: BLS QCEW · 3-digit NAICS sub-sector
0.01x
Oil and Gas Extraction
10 employed
0.08x
Apparel Manufacturing
66 employed
0.11x
Transportation Equipment Manufacturing
2,038 employed
0.12x
Support Activities for Agriculture and Forestry
466 employed
0.17x
Machinery Manufacturing
1,978 employed
0.21x
Primary Metal Manufacturing
813 employed
0.27x
Web Search Portals, Libraries, and Archives
503 employed
0.30x
Chemical Manufacturing
2,847 employed
Screened on industrial power cost only.
Industrial electricity in Nevada costs 8.08¢/kWh against 8.62¢/kWh nationally (2025).
Land area and freight access are not assessed at state level.
Source: EIA.
Key Takeaways
- Top specialization: Accommodation concentrates at 8.25x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
- Cluster depth: 11 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$435,400
Median Home Value vs 2019
$1,597
Rent/Mo
60%
Owner-Occ
9.3%
Vacancy
5.6x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average
HUD Fair Market Rents (Statewide)
Renter-household-weighted average across 17 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026 · Affordability threshold and renter cost burden from Census ACS B25119, B25070
Studio
$1,304/mo$754 to $1,333
1 Bedroom
$1,453/mo$878 to $1,489
2 Bedroom
$1,733/mo$985 to $1,870
3 Bedroom
$2,397/mo$1,370 to $2,539
4 Bedroom
$2,764/mo$1,652 to $2,949
30% of monthly median renter household income (~$1,386/mo, from a renter median of $55,456) · rents above this line are typically considered cost-burdened.
Measured: 52.8% of renter households already pay 30% or more of income on rent, and 26.7% pay 50% or more.
Key Takeaways
- Stretched market: Home value to income ratio of 5.6x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
- Affordable rent tiers: 1 of 5 HUD Fair Market Rent bedroom sizes sit below what a household on the median renter income of $55,456 can pay without cost burden (~$1,386/mo), and 52.8% of renter households are measured as cost-burdened.
Source: Census ACS housing tables.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,951,367
Working Age (18-64) vs 2019
vs 2019
Mean Commute 2 min below national avg
24.8 min
Work From Home vs 15.1% national
11.9%
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
27.9%
HS Diploma+
87.5%
6 Largest Institutions by Credentials Awarded
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
6,357/yr
5,307/yr
5,294/yr
2,717/yr
1,472/yr
1,049/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
20.3%
55-64 of working-age population (18-64)
Same cohort is 12.4% of total population, the basis used in the Demographics cohort chart.
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
34.4%
Service
22.6%
Sales & Office
21.3%
Construction / Maint.
9%
Production / Transport
12.7%
Bars are drawn on a 0% to 40% axis, so bar length is proportional to actual share. Labels give each group's share of 1,499,718 employed workers.
Key Takeaways
- Healthy participation: 65.2% of the population aged 18+ is in the labor force, reflecting a steady, available workforce statewide.
Source: ACS workforce data.
County Profiles
17 counties in Nevada
Carson City
FIPS 32510
Churchill County
FIPS 32001
Clark County
FIPS 32003
Douglas County
FIPS 32005
Elko County
FIPS 32007
Esmeralda County
FIPS 32009
Eureka County
FIPS 32011
Humboldt County
FIPS 32013
Lander County
FIPS 32015
Lincoln County
FIPS 32017
Lyon County
FIPS 32019
Mineral County
FIPS 32021
Nye County
FIPS 32023
Pershing County
FIPS 32027
Storey County
FIPS 32029
Washoe County
FIPS 32031
White Pine County
FIPS 32033
AI Insights
Sample output. Pulse AI analysis draws on 6 federal data sources.
Sample AI Insight
Nevada shows strong potential for accommodation attraction, with a 8.25x concentration and 165,778 jobs in this sub-sector.
Cluster depth across accommodation, mining (except oil and gas), and electrical equipment, appliance manufacturing creates supply-chain attraction leverage, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026
Frequently Asked Questions
Key economic and demographic figures for Nevada, from federal data sources.
What is the population of Nevada?
3,184,612 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Nevada?
$78,260 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Nevada?
5.4% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Nevada?
$269B (BEA CAGDP2 (Regional)).
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