Cost of Living in Spring Valley, NV

Population: 219,913 • 2026 Data

$72,364
Median Household Income
-7% vs national
$1,642
Median Monthly Rent
+22% vs national
$407,900
Median Home Value
+20% vs national
7.5%
Unemployment Rate

Housing in Spring Valley

The median home value in Spring Valley, NV is $407,900. Monthly rent for a typical unit averages $1,642, while total monthly housing costs (including utilities and insurance) average $1,554.

Rent-to-income ratio: 27.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Spring Valley, NV is $72,364. The unemployment rate stands at 7.5%, with a labor force of 123,578 people.

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov