NV
Nevada
FIPS 32 · Population 3,184,612
6 Sources
Updated June 22, 2026
3.2M ▲
Population
334,922,499 U.S.
$78,260 ▲
Median Income
$80,734 national
$269B
GDP
5.4%
Unemployment
4% national
County Map
Click a county to view its economic profile
Demographics & Population
Census Bureau American Community Survey 2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 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 2024 · Tables 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 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 2024 5-Year Estimates
3,184,612
Population
1,626,107
Labor Force
Employed
1,499,718
Unemployment Rate BLS LAUS 2024 annual
5.4%
Mean Commute 2 min below national avg
24.8 min
Work From Home vs 15.1% national
11.9%
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 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
- 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
Key Takeaways
- Largest sector: Accommodation and Food Services employs 314,363 workers (26.7% of the tracked sectors), at an average wage of $43,646.
- Economic scale: State GDP of $269B (2024).
Source: BLS QCEW + BEA Regional GDP.
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, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.01x
Oil and Gas Extraction
10 employed
0.08x
Apparel Manufacturing
66 employed
0.12x
Support Activities for Agriculture and Forestry
468 employed
0.12x
Transportation Equipment Manufacturing
2,036 employed
0.18x
Machinery Manufacturing
1,978 employed
0.22x
Primary Metal Manufacturing
813 employed
0.28x
Web Search Portals, Libraries, and Archives
503 employed
0.32x
Chemical Manufacturing
2,840 employed
Key Takeaways
- Top specialization: Accommodation concentrates at 8.58x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
- Cluster depth: 10 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
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 household income (~$1,956/mo) · rents above this line are typically considered cost-burdened.
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.
Source: Census ACS housing tables.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
1,951,367 ▲
Working Age (18-64) vs 2019
▼ vs 2019
Mean Commute
24.8 min
Work From Home
11.9%
Education & Talent Pipeline
Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
27.9%
HS Diploma+
87.5%
Top Institutions
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)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 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 scaled 2× for visual differentiation; percentage labels show actual share of 1,499,718 employed workers.
Key Takeaways
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
AI-assisted analysis, drawn from 6 federal data sources
Sample AI Insight
Nevada shows strong potential for accommodation attraction, with a 8.58x concentration and 165,776 jobs in this sub-sector.
Cluster depth across accommodation, mining (except oil and gas), and 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 SAGDP (state GDP)).
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