Fernley, NV
Population 23,631 · Nevada
About Fernley, NV
Fernley is a mid-sized city located in Nevada with a population of 23,631 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,991 per year, which is 17% above the national median of $75,149. The median age of 35.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Fernley features a median home value of $352,600, which is 44% above the national median of $244,900. This positions Fernley in a moderately priced market relative to the rest of the country. Median monthly rent is $1,463, 26% above the national average of $1,163/month. Of the 8,871 total housing units, 71% are owner-occupied (6,105 units) and 29% are renter-occupied (2,465 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fernley shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fernley have an average one-way commute time of 28.6 minutes.
Education & Demographics
15.6% of Fernley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 14.3% White, 5.8% Hispanic or Latino, 0.9% Black or African American, and 4.0% Asian residents, with 6.6% of the population being foreign-born.
How Fernley Ranks in Nevada
Cost of Living in Fernley, NV
Compared to national averages, Fernley has a median household income of $87,991 (17% above the national median of $75,149). Home values average $352,600, which is 44% above the national median. Monthly rent at $1,463 is 26% above the US average of $1,163. Within Nevada, Fernley's income is 8% above the state average of $81,841, and home values are 19% below the state median of $433,389.
Why Live in Fernley, NV?
Fernley offers a strong local economy with a median household income of $87,991, well above the national average, and a low poverty rate of 11.3%, better than the national average.
Fernley has a population of 23,631 with a median age of 35.8 years. Compare Fernley with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Fernley
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sun Valley | 22,697 | $76,108 | $321,000 | Compare |
| Mesquite | 21,314 | $74,439 | $374,400 | Compare |
| Elko | 20,624 | $75,630 | $285,400 | Compare |
| Spanish Springs | 17,512 | $121,250 | $600,000 | Compare |
| Summerlin South | 30,075 | $113,301 | $641,600 | Compare |
| Dayton | 15,873 | $91,221 | $399,400 | Compare |
| Spring Creek | 14,967 | $104,381 | $318,200 | Compare |
| Boulder City | 14,888 | $69,145 | $424,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nevada
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fernley With Other Cities
Frequently Asked Questions about Fernley
What is the population of Fernley, NV?
The population of Fernley, NV is 23,631 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Nevada.
What is the median household income in Fernley?
The median household income in Fernley, NV is $87,991 per year, which is 17% above the national median of $75,149.
What is the median home value in Fernley?
The median home value in Fernley, NV is $352,600, which is 44% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fernley?
The median monthly rent in Fernley, NV is $1,463, which is 26% above the national average of $1,163/month.
What is the unemployment rate in Fernley?
The unemployment rate in Fernley, NV is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Fernley, NV a good place to live?
Fernley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 23,631 and a median age of 35.8, the city appeals to a broad range of residents.
How educated is Fernley, NV?
15.6% of residents in Fernley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Fernley?
Key cost-of-living indicators for Fernley, NV: median home value is $352,600 (44% above national), median rent is $1,463/month, and median household income is $87,991. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Fernley?
The poverty rate in Fernley, NV is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fernley, NV?
Fernley's population is 14.3% White, 5.8% Hispanic or Latino, 0.9% Black or African American, 4.0% Asian, and 1.3% two or more races. 6.6% of residents are foreign-born.