30 Year Fixed
- 5.34 %
15 Year Fixed
- 4.94 %
1-Year ARM
- 4.07 %
5/1 ARM
- 4.94 %
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Nevada

Nevada is located in the Western area of the United States and is the 7th largest state in the United States by area. Nevada is also known as “the silver state” due to the tremendous number of silver mines that were discovered and mined in the state.

The state’s total population is around 2,565,382 which make it the 35th most populated state in the nation with a median income of $46,984 ranking it at 42nd nationally. Its demographics are as follows; 84.25% White American; 8.58% African American; 2.15% American Indian; 6.87% Asian American; 0.92% Mixed. The economy for this state is based upon major industries such as tourism, cattle, alfalfa, mining and publishing to name a few.  Nevada’s gross state product is estimated at $117 billion. The per capita personal income is estimated at $46,108 ranking it at 11th in the nation.

The largest city in Nevada is Las Vegas with a population of 591,536, then Henderson with 265,790 and North Las Vegas with 215,026 rounds out the top three. The state’s capital is Carson City with an estimated population of 58,350. The top 3 richest places in Nevada are ranked here by Per Capita Income; Incline Village-Crystal Bay $52,521; Kingsbury $41,421 and Mount Charleston $38,821.

Nevada is mostly made up of desert with temperatures reaching upwards of 110 degrees during the peak of the summer and as low as 20 degrees during the mid winter. The state also suffers from very low precipitation throughout the year.

 

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Nevada Housing Statistics
NevadaUSA
Total Housing827,457121,699,874
Total Urban749,93094,464,240
Total Rural77,52727,235,633
Occupied751,165110,754,106
Vacant76,29210,945,767
Owner Occupied457,24773,306,541
Renter Occupied293,91837,447,565
Vacant for Rent31,6352,745,385
Vacant for Sale12,0211,264,534
 
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