#24
Nevada
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State Facts
Minimum Wage
$8.25
Average Renter Wage
$16.84
2-Bedroom Housing Wage
$18.59
Number of Renter Households
465,914
Percent Renters
45%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$8.25/hr
Each week you
have to work
72HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Nevada | Carson City |
|---|---|---|
| Total | 1,030,701 | 21,802 |
| Renter | 465,914 | 9,709 |
| Percent Renters | 45% | 45% |
| Housing Wage | Nevada | Carson City |
|---|---|---|
| Zero-Bedroom | $12.19 | $10.85 |
| One-Bedroom | $14.84 | $13.12 |
| Two-Bedroom | $18.59 | $16.58 |
| Three-Bedroom | $26.99 | $24.12 |
| Four-Bedroom | $32.46 | $29.19 |
| Fair Market Rent | Nevada | Carson City |
|---|---|---|
| Zero-Bedroom | $634 | $564 |
| One-Bedroom | $772 | $682 |
| Two-Bedroom | $966 | $862 |
| Three-Bedroom | $1,403 | $1,254 |
| Four-Bedroom | $1,688 | $1,518 |
| Annual Income Needed to Afford | Nevada | Carson City |
|---|---|---|
| Zero-Bedroom | $25,347 | $22,560 |
| One-Bedroom | $30,862 | $27,280 |
| Two-Bedroom | $38,660 | $34,480 |
| Three-Bedroom | $56,136 | $50,160 |
| Four-Bedroom | $67,513 | $60,720 |
| Minimum Wage | Nevada | Carson City |
|---|---|---|
| Minimum Wage | $8.25 | $8.25 |
| Rent Affordable at Minimum Wage | $429 | $429 |
| Work Hours/Week at Minimum Wage | Nevada | Carson City |
|---|---|---|
| Zero-Bedroom | 59 | 53 |
| One-Bedroom | 72 | 64 |
| Two-Bedroom | 90 | 80 |
| Three-Bedroom | 131 | 117 |
| Four-Bedroom | 157 | 142 |
| Renter Wage | Nevada | Carson City |
|---|---|---|
| Estimated Mean Renter Wage | $16.84 | $16.19 |
| Rent Affordable at Mean Renter Wage | $876 | $842 |
| Work Hours/Week at Mean Renter Wage | Nevada | Carson City |
|---|---|---|
| Zero-Bedroom | 29 | 27 |
| One-Bedroom | 35 | 32 |
| Two-Bedroom | 44 | 41 |
| Three-Bedroom | 64 | 60 |
| Four-Bedroom | 77 | 72 |
| Supplemental Security Income (SSI) Payment | Nevada | Carson City |
|---|---|---|
| SSI Monthly Payment | $786 | $786 |
| Rent Affordable to SSI Recipient | $236 | $236 |
| Income Levels | Nevada | Carson City |
|---|---|---|
| 30% of Area Median Income (AMI) | $19,871 | $18,600 |
| Estimated Renter Median Household Income | $40,588 | $36,490 |
| Rent Affordable at Different Income Levels | Nevada | Carson City |
|---|---|---|
| 30% of Area Median Income (AMI) | $497 | $465 |
| Estimated Renter Median Household Income | $1,015 | $912 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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