The 10 Richest Cities In Nevada For 2023


We analyzed 16 places in Nevada to determine where the 1% live.

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Fernley, Elko, Henderson: These cities aren’t just some of the best places to live in Nevada. They are also home to some of the richest people in the Silver State.

Fernley in particular houses the richest residents in the state thanks, in part, to a median household income of $77,701 and a ridiculously low poverty rate of 7.904890085240019%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Nevada share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2017-2021 American Community Survey for the 16 places in Nevada with more than 2,000 people.

Here are the 10 richest places in Nevada for 2023:

  1. Fernley
  2. Elko
  3. Henderson
  4. Sparks
  5. Carlin
  6. Carson City
  7. Reno
  8. Ely
  9. Fallon
  10. Mesquite

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Nevada.

Rich people not your cup of tea? Feel free to check out some more reading about Nevada:

The 10 Richest Cities In Nevada For 2023

1. Fernley

Fernley, NV

Overall SnackAbility

6
/10

Population: 22,343
Rank Last Year: 4 (Up 3)
Median Income: $77,701
Unemployment Rate: 4.9%
Poverty Rate: 7.9%
More on Fernley: Real Estate | Photos

2. Elko

Elko, NV

Overall SnackAbility

6
/10

Population: 20,391
Rank Last Year: 1 (Down 1)
Median Income: $80,148
Unemployment Rate: 4.4%
Poverty Rate: 12.3%
More on Elko: Real Estate | Photos

3. Henderson

Henderson, NV

Overall SnackAbility

8.5
/10

Population: 311,250
Rank Last Year: 3 (No Change)
Median Income: $79,611
Unemployment Rate: 6.9%
Poverty Rate: 7.7%
More on Henderson: Real Estate | Photos

4. Sparks

Sparks, NV

Overall SnackAbility

7
/10

Population: 106,900
Rank Last Year: 2 (Down 2)
Median Income: $73,678
Unemployment Rate: 6.1%
Poverty Rate: 8.8%
More on Sparks: Real Estate | Photos

5. Carlin

Carlin, NV

Overall SnackAbility

5
/10

Population: 2,279
Rank Last Year:
Median Income: $72,734
Unemployment Rate: 7.3%
Poverty Rate: 7.4%
More on Carlin: Real Estate | Photos

6. Carson City

Carson City, NV

Source: Public domain
Overall SnackAbility

7
/10

Population: 57,957
Rank Last Year: 7 (Up 1)
Median Income: $62,217
Unemployment Rate: 4.6%
Poverty Rate: 10.0%
More on Carson City: Real Estate | Photos

7. Reno

Reno, NV

Overall SnackAbility

7
/10

Population: 259,913
Rank Last Year: 9 (Up 2)
Median Income: $67,557
Unemployment Rate: 4.9%
Poverty Rate: 12.6%
More on Reno: Real Estate | Photos

8. Ely

Ely, NV

Overall SnackAbility

6
/10

Population: 3,983
Rank Last Year: 10 (Up 2)
Median Income: $64,347
Unemployment Rate: 4.3%
Poverty Rate: 13.3%
More on Ely: Real Estate | Photos

9. Fallon

Fallon, NV

Overall SnackAbility

8
/10

Population: 9,068
Rank Last Year: 12 (Up 3)
Median Income: $49,785
Unemployment Rate: 4.2%
Poverty Rate: 11.7%
More on Fallon: Real Estate | Photos

10. Mesquite

Mesquite, NV

Overall SnackAbility

6
/10

Population: 20,019
Rank Last Year: 8 (Down 2)
Median Income: $63,757
Unemployment Rate: 6.7%
Poverty Rate: 8.2%
More on Mesquite: Real Estate | Photos

Methodology: How We Determined The Richest Places In Nevada For 2023

Map Of The Richest Places To Live In Nevada
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 16 places with more than 2,000 people in Nevada, we ranked each place from 1 to 16 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Fernley, crowned the “Richest City In Nevada For 2023”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 16 places.

Summary: The Wealthiest Places In Nevada For 2023

Like we said earlier, when we set out to identify the richest places in Nevada, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Nevada.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Nevada, according to data:

Poorest: Yerington
2nd Poorest: Las Vegas
3rd Poorest: North Las Vegas

For more Nevada reading, check out:

Detailed List Of The Richest Cities In Nevada

Rank City RichScore Median Income
1 Fernley 4.33 $77,701
2 Elko 4.67 $80,148
3 Henderson 5.0 $79,611
4 Sparks 6.0 $73,678
5 Carlin 6.67 $72,734
6 Carson City 7.67 $62,217
7 Reno 8.0 $67,557
8 Ely 8.33 $64,347
9 Fallon 8.33 $49,785
10 Mesquite 8.33 $63,757
11 Boulder City 8.67 $69,746
12 Winnemucca 9.0 $70,543
13 West Wendover 9.67 $54,075
14 North Las Vegas 12.0 $64,738
15 Las Vegas 14.33 $61,356
16 Yerington 15.0 $37,438

How Is The Area In ?

Editor’s Note: Data has been updated for 2023. This is our tenth time ranking the richest cities in Nevada.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.