Department of Numbers

Housing Units, Population and Cost Rank Measures for Nevada

Here we explore the evolution and dynamics of the housing supply in Nevada, the relative cost of Nevada housing, the housing mix and the change in Nevada population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Nevada population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Nevada sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for Nevada

The data below track the total number of housing units in Nevada, the total 18 and over population in Nevada and the ratio of the 18 and over Nevada population to the number of housing units. Over the past 5 years, the number of Nevada housing units increased by 7.23% while the 18 and over population increased by 9.78%. As a result, the ratio of the 18 and over population to housing units increased from 1.815 to 1.858. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
Nevada Housing Units 1,285,681 +1.34% +7.23%
Nevada 18+ Population 2,389,419 +1.89% +9.78%
Nevada 18+ Pop. / Units 1.858 +0.010 +0.043

Nevada 18+ Population to Units Ratio Trends: Nevada, US

Nevada Housing Units and 18+ Population History

Date Nevada Housing Units Nevada 18+ Population Nevada 18+ Pop. / Units
2019 1,285,681 2,389,419 1.858
2018 1,268,717 2,345,172 1.848
2017 1,249,733 2,314,082 1.852
2016 1,221,759 2,262,556 1.852
2015 1,209,864 2,222,290 1.837
2014 1,198,969 2,176,568 1.815
2013 1,186,936 2,128,489 1.793
2012 1,182,842 2,094,509 1.771
2011 1,183,917 2,060,219 1.740
2010 1,175,070 2,039,869 1.736
2009 1,138,045 1,958,047 1.720
2008 1,127,100 1,932,144 1.714

more history ...

Nevada Relative Housing Cost Percentile by Price and Rent

This data shows where Nevada falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Nevada was at the 78.43% percentile for home prices and the 72.55% percentile for the cost of rent. Over the past 5 years, Nevada home prices have become more expensive compared to the rest of the country and rent in Nevada has become more expensive over the past 5 years relative to the rest of the country.

Nevada Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
Nevada Home Price Percentile 78.43% 0.00% +17.65%
Nevada Rent Percentile 72.55% 0.00% +1.96%

Nevada Trends in Home Price and Rent Percentile: Nevada, US

Nevada Home Price and Rent Percentile History

Date Nevada Home Price Percentile Nevada Rent Percentile
2019 78.43% 72.55%
2018 78.43% 72.55%
2017 70.59% 68.63%
2016 66.67% 68.63%
2015 64.71% 70.59%
2014 60.78% 70.59%
2013 52.94% 70.59%
2012 45.10% 72.55%
2011 47.06% 74.51%
2010 54.90% 80.39%
2009 64.71% 86.27%
2008 78.43% 90.20%

more history ...

Nevada Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in Nevada by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 18.18% while the total number of rented units in Nevada increased by 4.73%. Units that were vacant1 decreased by 19.91% over the last 5 years.

Nevada Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
Nevada Owner Occ. Units 647,518 +0.93% +18.18%
Nevada Renter Occ. Units 496,039 +1.59% +4.73%
Nevada Vacant Units 142,124 +2.32% -19.91%

Nevada Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in Nevada as a fraction of total housing units.

Nevada Owned, Rented and Vacant Units History

Date Nevada Owner Occ. Units Nevada Renter Occ. Units Nevada Vacant Units
2019 647,518 496,039 142,124
2018 641,551 488,259 138,907
2017 619,309 475,304 155,120
2016 578,762 476,396 166,601
2015 562,960 479,105 167,799
2014 547,905 473,614 177,450
2013 544,455 458,116 184,365
2012 552,324 454,281 176,237
2011 552,991 429,361 201,565
2010 565,869 423,942 185,259
2009 572,214 393,501 172,330
2008 568,425 384,431 174,244

more history ...

Nevada Population

This data shows the population of Nevada for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has increased by 4.26% while the 18 and over population has increased by 9.78%.The total population of Nevada has increased by 8.49% in the last 5 years.

Changes in Nevada Population

2019 1 Year Change 5 Year Change
Nevada Population Under 18 690,737 +0.22% +4.26%
Nevada Population 18+ 2,389,419 +1.89% +9.78%
Nevada Total Population 3,080,156 +1.51% +8.49%

Nevada Population Age Share: Under 18, 18 and Over: 18+, Under 18

Nevada Population History

Date Nevada Population Under 18 Nevada Population 18+ Nevada Total Population
2019 690,737 2,389,419 3,080,156
2018 689,220 2,345,172 3,034,392
2017 683,957 2,314,082 2,998,039
2016 677,502 2,262,556 2,940,058
2015 668,555 2,222,290 2,890,845
2014 662,531 2,176,568 2,839,099
2013 661,647 2,128,489 2,790,136
2012 664,422 2,094,509 2,758,931
2011 663,103 2,060,219 2,723,322
2010 664,773 2,039,869 2,704,642
2009 685,038 1,958,047 2,643,085
2008 668,023 1,932,144 2,600,167

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

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