Grass Valley, NV
Population 1,216 · Nevada
About Grass Valley, NV
Grass Valley is a small town located in Nevada with a population of 1,216 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,852 per year, which is 28% above the national median of $75,149. The median age of 32.8 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 Grass Valley features a median home value of $116,400, which is 52% below the national median of $244,900. This makes Grass Valley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 595 total housing units, 94% are owner-occupied (400 units) and 6% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grass Valley shows an unemployment rate of 9.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grass Valley have an average one-way commute time of 38.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
11.9% of Grass Valley 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 8.7% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 15.8% Asian residents, with 4.4% of the population being foreign-born.
How Grass Valley Ranks in Nevada
Cost of Living in Grass Valley, NV
Compared to national averages, Grass Valley has a median household income of $95,852 (28% above the national median of $75,149). Home values average $116,400, which is 52% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Nevada, Grass Valley's income is 17% above the state average of $81,841, and home values are 73% below the state median of $433,389.
Why Live in Grass Valley, NV?
Grass Valley offers a strong local economy with a median household income of $95,852, well above the national average, and affordable housing with a median home value of $116,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Grass Valley has a population of 1,216 with a median age of 32.8 years. Compare Grass Valley with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Grass Valley
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pioche | 1,213 | $76,194 | $196,800 | Compare |
| Genoa | 1,231 | $125,952 | $1,040,700 | Compare |
| Golden Valley | 1,184 | $102,757 | $514,700 | Compare |
| Wells | 1,184 | $75,962 | $213,500 | Compare |
| Fallon Station | 1,250 | $0 | $0 | Compare |
| Panaca | 1,272 | $61,935 | $277,800 | Compare |
| Bunkerville | 1,119 | $149,327 | $320,000 | Compare |
| East Valley | 1,341 | $111,932 | $884,400 | 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 Grass Valley With Other Cities
Frequently Asked Questions about Grass Valley
What is the population of Grass Valley, NV?
The population of Grass Valley, NV is 1,216 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Nevada.
What is the median household income in Grass Valley?
The median household income in Grass Valley, NV is $95,852 per year, which is 28% above the national median of $75,149.
What is the median home value in Grass Valley?
The median home value in Grass Valley, NV is $116,400, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grass Valley?
The median monthly rent in Grass Valley, NV is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Grass Valley?
The unemployment rate in Grass Valley, NV is 9.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grass Valley, NV a good place to live?
Grass Valley offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,216 and a median age of 32.8, the city appeals to young professionals and families.
How educated is Grass Valley, NV?
11.9% of residents in Grass Valley 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 Grass Valley?
Key cost-of-living indicators for Grass Valley, NV: median home value is $116,400 (52% below national), median rent is $0/month, and median household income is $95,852. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grass Valley?
The poverty rate in Grass Valley, NV is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grass Valley, NV?
Grass Valley's population is 8.7% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 15.8% Asian, and 0.0% two or more races. 4.4% of residents are foreign-born.