Here's what it costs to live in Spring Valley, Nevada, based on the latest US government data. Renters pay a median of $1,642 per month, while the typical home is valued around $407,900. Households earn a median of $72,364 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 23. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$72,364
Annual · Census ACS
Median Gross Rent
$1,642
Per month · Census ACS
Median Home Value
$407,900
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
None
No state income tax on wages
State Sales Tax
6.85%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
219,913
Latest estimate
Median Age
39.2 yrs
Census ACS
Average AQI
23.0
Source: EPA AirNow
What is the cost of living index for Spring Valley?
The cost of living index for Spring Valley is not yet available in our database.
What is the median rent in Spring Valley?
The median gross rent in Spring Valley is $1,642 per month according to US Census ACS data.
What is the median household income in Spring Valley?
The median household income in Spring Valley is $72,364 per year.
What is the median home value in Spring Valley?
The median home value in Spring Valley is $407,900 based on the latest Census ACS survey.
How is the air quality in Spring Valley?
Spring Valley has an average Air Quality Index (AQI) of 23.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Spring Valley?
Nevada has no state income tax on wages and a statewide sales tax of 6.85% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology