Sun Valley, NV
Population 22,697 · Nevada
About Sun Valley, NV
Sun Valley is a mid-sized city located in Nevada with a population of 22,697 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,108 per year, which is 1% above the national median of $75,149. The median age of 33.2 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 Sun Valley features a median home value of $321,000, which is 31% above the national median of $244,900. This positions Sun Valley in a moderately priced market relative to the rest of the country. Median monthly rent is $1,161, 0% below the national average of $1,163/month. Of the 7,248 total housing units, 72% are owner-occupied (5,010 units) and 28% are renter-occupied (1,931 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sun Valley shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.4%, above the national average of 12.4%. Workers in Sun Valley have an average one-way commute time of 26.3 minutes.
Education & Demographics
9.5% of Sun 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 45.9% White, 4.4% Hispanic or Latino, 0.4% Black or African American, and 6.1% Asian residents, with 20.0% of the population being foreign-born.
How Sun Valley Ranks in Nevada
Cost of Living in Sun Valley, NV
Compared to national averages, Sun Valley has a median household income of $76,108 (1% above the national median of $75,149). Home values average $321,000, which is 31% above the national median. Monthly rent at $1,161 is 0% below the US average of $1,163. Within Nevada, Sun Valley's income is 7% below the state average of $81,841, and home values are 26% below the state median of $433,389.
Why Live in Sun Valley, NV?
Sun Valley offers a strong local economy with a median household income of $76,108, well above the national average, and rent that’s lower than the national average at $1,161/month.
Sun Valley has a population of 22,697 with a median age of 33.2 years. Compare Sun Valley with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Sun Valley
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fernley | 23,631 | $87,991 | $352,600 | 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 |
| Dayton | 15,873 | $91,221 | $399,400 | Compare |
| Summerlin South | 30,075 | $113,301 | $641,600 | 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 Sun Valley With Other Cities
Frequently Asked Questions about Sun Valley
What is the population of Sun Valley, NV?
The population of Sun Valley, NV is 22,697 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 Sun Valley?
The median household income in Sun Valley, NV is $76,108 per year, which is 1% above the national median of $75,149.
What is the median home value in Sun Valley?
The median home value in Sun Valley, NV is $321,000, which is 31% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sun Valley?
The median monthly rent in Sun Valley, NV is $1,161, which is 0% below the national average of $1,163/month.
What is the unemployment rate in Sun Valley?
The unemployment rate in Sun Valley, NV is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sun Valley, NV a good place to live?
Sun Valley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 22,697 and a median age of 33.2, the city appeals to young professionals and families.
How educated is Sun Valley, NV?
9.5% of residents in Sun 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 Sun Valley?
Key cost-of-living indicators for Sun Valley, NV: median home value is $321,000 (31% above national), median rent is $1,161/month, and median household income is $76,108. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Sun Valley?
The poverty rate in Sun Valley, NV is 15.4%, 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 Sun Valley, NV?
Sun Valley's population is 45.9% White, 4.4% Hispanic or Latino, 0.4% Black or African American, 6.1% Asian, and 1.2% two or more races. 20.0% of residents are foreign-born.