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Cost of Living in Sparks, NV

Population 110,024 · Census ACS 2020–2024 5-year estimates

Median rent$1,716
Median home value$483,800
Median household income$89,056

The median rent in Sparks, NV is $1,716/month, 7% higher than the Nevada median and 21% higher than the U.S. median. The median home value is $483,800, 45% higher than the national median. Households earn a median of $89,056 a year, 14% higher than the state median.

Affordability

Rent as a share of median income: 23.1%
Income needed for median rent (30% rule): $68,640/yr
Home price-to-income ratio: 5.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,446/mo

Run your own numbers: mortgage calculator · hourly to salary

Sparks vs. Nevada vs. U.S.

SparksNevadaU.S.
Median rent$1,716$1,597$1,413
Median home value$483,800$435,400$332,700
Median household income$89,056$78,260$80,734
Homeownership rate59.8%60.0%65.2%
Bachelor's degree or higher27.6%27.9%35.7%
Poverty rate8.5%12.4%12.5%
Unemployment rate5.2%7.0%5.2%
Work from home11.1%11.9%15.1%
Median age37.239.138.9

FAQ

What is the average rent in Sparks, NV?

The median gross rent in Sparks, NV is $1,716 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Sparks, NV?

Using the common 30% rule, renting a median-priced home takes about $68,640 a year in gross income.

Is Sparks, NV expensive to live in?

Rent there is 21% higher than the U.S. median, and the median home costs about 5.4 times the median household income.

Other cities in Nevada

Las Vegas, NVRent $1,563 · Income $73,877Henderson, NVRent $1,824 · Income $90,138North Las Vegas, NVRent $1,705 · Income $79,542Reno, NVRent $1,556 · Income $80,760Enterprise, NVRent $1,934 · Income $98,462Spring Valley, NVRent $1,743 · Income $74,511

Cities with a similar cost of living

Spring, TXRent $1,711 · Income $88,997Lodi, NJRent $1,714 · Income $89,305Yucaipa, CARent $1,711 · Income $90,794Goose Creek, SCRent $1,690 · Income $88,178DeBary, FLRent $1,751 · Income $88,569Lodi, CARent $1,680 · Income $88,530

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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