Nevada, IA
Population 6,952 · Iowa
About Nevada, IA
Nevada is a small community in Iowa with a population of 6,952 residents. The median household income is $75,221 per year, which is above the national average. The median age in Nevada is 39.9 years.
Housing in Nevada has a median home value of $177,800 and median monthly rent of $884. Of the 3,253 total housing units, the majority are owner-occupied, with 2,169 owner-occupied and 883 renter-occupied units.
The unemployment rate in Nevada is 1.2% and the poverty rate is 10.3%. 30.6% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
Cost of Living in Nevada, IA
Compared to national averages, Nevada has a median household income of $75,221 (0% above the national median of $75,149). Home values average $177,800, which is 27% below the national median. Monthly rent at $884 is 24% below the US average of $1,163. Within Iowa, Nevada's income is 11% above the state average of $67,947, and home values are 34% above the state median of $132,237.
Why Live in Nevada, IA?
Nevada offers a strong local economy with a median household income of $75,221, well above the national average, and affordable housing with a median home value of $177,800, below the US average of $244,900, and rent that’s lower than the national average at $884/month. Additionally, the city features a strong job market with an unemployment rate of just 1.2%, and a low poverty rate of 10.3%, better than the national average, and short commute times averaging just 19.5 minutes.
Nevada has a population of 6,952 with a median age of 39.9 years. Compare Nevada with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Nevada
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Atlantic | 6,773 | $57,486 | $134,900 | Compare |
| Eldridge | 6,743 | $101,089 | $329,400 | Compare |
| Hiawatha | 7,178 | $67,628 | $210,200 | Compare |
| Washington | 7,314 | $56,536 | $144,500 | Compare |
| Charles City | 7,321 | $56,734 | $118,900 | Compare |
| Creston | 7,466 | $50,752 | $112,600 | Compare |
| Knoxville | 7,493 | $70,136 | $147,600 | Compare |
| Orange City | 6,312 | $81,667 | $245,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Nevada
What is the population of Nevada, IA?
The population of Nevada, IA is 6,952 according to the latest Census data.
What is the median household income in Nevada?
The median household income in Nevada, IA is $75,221 per year.
What is the median home value in Nevada?
The median home value in Nevada, IA is $177,800.
What is the average rent in Nevada?
The median monthly rent in Nevada, IA is $884.
What is the unemployment rate in Nevada?
The unemployment rate in Nevada, IA is 1.2%.