Spring Valley, NV
Population 219,913 · Nevada
About Spring Valley, NV
Spring Valley is a major city located in Nevada with a population of 219,913 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,364 per year, which is 4% below the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Spring Valley features a median home value of $407,900, which is 67% above the national median of $244,900. This places Spring Valley in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,642, 41% above the national average of $1,163/month. Of the 94,377 total housing units, 50% are owner-occupied (43,474 units) and 50% are renter-occupied (43,801 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Spring Valley shows an unemployment rate of 7.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.9%, above the national average of 12.4%. Workers in Spring Valley have an average one-way commute time of 22.6 minutes.
Education & Demographics
31.0% of Spring Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 16.0% White, 2.0% Hispanic or Latino, 1.1% Black or African American, and 5.3% Asian residents, with 29.2% of the population being foreign-born.
How Spring Valley Ranks in Nevada
Cost of Living in Spring Valley, NV
Compared to national averages, Spring Valley has a median household income of $72,364 (4% below the national median of $75,149). Home values average $407,900, which is 67% above the national median. Monthly rent at $1,642 is 41% above the US average of $1,163. Within Nevada, Spring Valley's income is 12% below the state average of $81,841, and home values are 6% below the state median of $433,389.
Why Live in Spring Valley, NV?
Spring Valley offers short commute times averaging just 22.6 minutes.
Potential considerations include median household income ($72,364) that falls below the national average, and a competitive housing market where the typical home costs $407,900. However, as a major city, Spring Valley provides access to a wide range of amenities and services.
Spring Valley has a population of 219,913 with a median age of 39.2 years. Compare Spring Valley with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Spring Valley
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Enterprise | 232,043 | $93,980 | $449,300 | Compare |
| Sunrise Manor | 199,099 | $55,034 | $290,900 | Compare |
| Paradise | 186,178 | $58,874 | $358,400 | Compare |
| Reno | 268,959 | $78,448 | $498,600 | Compare |
| North Las Vegas | 270,773 | $76,772 | $372,300 | Compare |
| Henderson | 324,523 | $88,654 | $465,000 | Compare |
| Sparks | 109,106 | $86,979 | $455,900 | Compare |
| Carson City, Nevada | 58,364 | $71,809 | $426,700 | 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 Spring Valley With Other Cities
Frequently Asked Questions about Spring Valley
What is the population of Spring Valley, NV?
The population of Spring Valley, NV is 219,913 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Nevada.
What is the median household income in Spring Valley?
The median household income in Spring Valley, NV is $72,364 per year, which is 4% below the national median of $75,149.
What is the median home value in Spring Valley?
The median home value in Spring Valley, NV is $407,900, which is 67% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Spring Valley?
The median monthly rent in Spring Valley, NV is $1,642, which is 41% above the national average of $1,163/month.
What is the unemployment rate in Spring Valley?
The unemployment rate in Spring Valley, NV is 7.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Spring Valley, NV a good place to live?
Spring Valley offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 219,913 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Spring Valley, NV?
31.0% of residents in Spring 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 Spring Valley?
Key cost-of-living indicators for Spring Valley, NV: median home value is $407,900 (67% above national), median rent is $1,642/month, and median household income is $72,364. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Spring Valley?
The poverty rate in Spring Valley, NV is 12.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Spring Valley, NV?
Spring Valley's population is 16.0% White, 2.0% Hispanic or Latino, 1.1% Black or African American, 5.3% Asian, and 12.4% two or more races. 29.2% of residents are foreign-born.