Everything you need to know about owning a house in
Nevada
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Details about Nevada
Las Vegas could be one of the most famous states in the United States, following perhaps New York and California. It is undoubtedly an iconic state for its landscapes, its famous avenue, and what happens in Las Vegas that stays in Las Vegas.
The real estate market in Nevada is growing, with high demand, limited supply, and rising prices. For instance, the median home price in Nevada is approximately $417,100. This is lower than the average cost of a home in a state like California which is roughly $799,000.
State highlights
Nevada became a U.S. territory in 1861 and was admitted as the 36th state in the Union on October 31, 1864.
Nevada is known for having a relatively low population density, with vast areas of uninhabited land.
The state’s motto is ’Battle Born,’ referring to its quick statehood during the Civil War.
Nevada’s state motto is ’Battle Born.’ This phrase refers to the state’s quick admission to the Union during the Civil War, symbolizing its birth amid conflict
’Las Vegas’ is Spanish for ’The Meadows.’ The name originally referred to the abundant grasses and water sources that once existed in the area.
It was the site of numerous nuclear weapons tests during the mid-20th century. The Nevada Test Site, located northwest of Las Vegas, was used for both atmospheric and underground nuclear tests.
Nevada State Route 375 is known as the ’Extraterrestrial Highway’ due to its proximity to Area 51, a highly classified U.S. Air Force facility associated with UFO conspiracy theories.
Area 51, located near Groom Lake, is known for conspiracy theories about extraterrestrial activities and government secrets. It is a highly classified military base.
The state is often referred to as the ’Silver State’ due to its historical significance in silver mining. The Comstock Lode discovery in the mid-19th century brought a silver rush to the state
The annual Burning Man festival takes place in the Black Rock Desert of Nevada. It’s a unique event celebrating art, self-expression, and communal experiences.
Nevada is one of the few U.S. states with no state income tax. This contributes to its appeal for both residents and businesses.
Geographic location
Nevada is bordered by Oregon to the northwest, Idaho to the northeast, Utah to the east, Arizona to the southeast, and California to the west. It is known for its diverse geography, including vast deserts, high mountain ranges, and scenic landscapes. The Great Basin Desert covers much of the state’s area. It is home to Lake Tahoe, a large freshwater lake located in the Sierra Nevada Mountain range. It’s a popular destination for outdoor activities and tourism.
Climate
Nevada experiences a variety of climatic conditions due to its diverse geography, which includes both high mountains and arid deserts. Here’s an overview of the climate in different parts of the state:
Desert Climate
Much of Nevada, including areas around Las Vegas and the southern portion of the state, features a desert climate.
Summers are hot and dry, with high temperatures often exceeding 100°F in the hottest months of July and August.
Winters are mild and cooler, with daytime temperatures generally ranging from the mid-50s to mid-60s°F, and nighttime temperatures dropping significantly.
Rainfall is scarce, with most of the precipitation occurring during the winter months. Annual rainfall totals in desert regions are generally quite low.
Mountain Climate
The higher elevations, particularly in the Sierra Nevada Mountain range, experience a more temperate climate.
Summers are generally cooler than in the desert areas, with daytime temperatures ranging from the 70s to 80s°F.
Winters in the mountains can be cold, with heavy snowfall in some areas, making it a popular destination for winter sports enthusiasts.
Lake Tahoe, located in the Sierra Nevada, experiences a more pronounced variation between summer and winter temperatures.
Great Basin Climate:
The Great Basin region, which covers a large portion of Nevada, has a unique climate characterized by wide temperature fluctuations between day and night.
Summers can be warm to hot during the day, but temperatures often drop significantly at night due to the lack of humidity.
Winters are cold, and snowfall is common in higher elevations.
Precipitation in the Great Basin is generally low, and the area is known for its arid conditions.
High Desert Climate:
Some areas of Nevada, particularly in the central and northern parts of the state, experience a high desert climate.
The climate in these regions is similar to the desert climate but with slightly cooler temperatures due to the higher elevations.
It’s important to note that while these general climate patterns exist, there can be variations within different regions of Nevada due to the state’s diverse geography and elevation differences.
Demography
The capital of Nevada is Carson City, the largest city in the state is Las Vegas, which is also the economic and cultural hub of the state. Other major cities include Reno, Henderson, North Las Vegas, and Sparks, according with U.S Census Bureau in 2022, it had an estimated population of 3,177,772 people.
Nevada has a diverse population with various ethnic and racial backgrounds. The largest ethnic group is non-Hispanic White, followed by Hispanic or Latino, African American, Native American and Asian. Due to its tourism and entertainment industry, Nevada has a relatively high proportion of immigrants from various countries.
Nevada is home to several Native American tribes, including the Blackfeet, Crow, Northern Cheyenne, Salish, and Kootenai tribes, among others. These tribes have significant cultural and historical importance in the state.
Nevada has the same average age gap than the rest of the U.S., at around 38.5 years old compared to the national average.
Cost of Living
The cost of living is reported to be high at Nevada State. Las Vegas has a median home price of about $417,100. Which is higher than the national average at $339,048. Median income levels can vary based on factors such as education, occupation, and location within the state. The average median income of the state is approximately $52,205
The average salary in the state of Nevada is approximately $59,022 per year.
Transportation
Nevada has a variety of transportation options that cater to both its urban and rural areas. Here’s an overview of transportation in the state:
Due to the vast size of the state and the relatively low population density in many areas, travel between cities and towns can involve long driving distances and travel times.
Nevada has an extensive network of highways and roads that connect its major cities and regions. Interstate 15 runs through the southern part of the state, connecting Las Vegas to California.
Las Vegas has a public transit system called the Regional Transportation Commission of Southern Nevada (RTC). Reno also has a public transit system called the Regional Transportation Commission of Washoe County (RTC), which provides bus services.
About the airports McCarran International Airport in Las Vegas is one of the busiest airports in the United States and serves as a major gateway for tourists coming to the city.
Reno-Tahoe International Airport in Reno provides air travel options for the northern part of the state.
Amtrak’s California Zephyr route runs through Nevada, connecting the cities of Reno and Elko to other destinations.
Freight railroads also play a significant role in transporting goods through the state.
The landscape and geography of Nevada can make for scenic road trips, particularly through areas like Red Rock Canyon, Valley of Fire, and Lake Tahoe.
Schools
Nevada is home to several notable schools including elementary, middle, high schools and universities. The following list is some of the best universities in the state.
What is the state like?
The most well-known cities in Nevada are Las Vegas and Reno. Las Vegas is famous for its vibrant entertainment, casinos, and nightlife. Reno offers a blend of casinos, outdoor activities, and a growing tech industry.
The cities of Las Vegas and Reno are quite different from the stereotypical image of Nevada’s deserts, providing a contrast between urban amenities and natural beauty.
Tourism is a significant aspect of Nevada’s economy, largely driven by Las Vegas. The city is known for its extravagant resorts, world-class entertainment shows, and famous casinos.
Beyond gambling, Las Vegas also offers a range of attractions, including fine dining, shopping, live performances, and unique experiences like the Fremont Street Experience.
Due to its tourist and entertainment industries, Nevada has a diverse population. The state’s population includes people from various ethnic backgrounds and cultures.
Cultural events, festivals, and cuisine from around the world can be found in Nevada’s major cities
Bedroom Remodeling Cost in Nevada
Large home sizes$6,248
This is the estimated cost for a large home size of 2,848 square feet
Average home sizes$5,544
The estimated cost for a typical home of 2,272 square feet, which is 16.7% less than the country average
Small home sizes$4,898
Estimated cost for a small (and cozy) home of 1,673 square feet
Comparing Bedroom average prices in Nevada's top cities
Nevada avg: $5,543
Country avg
The average cost for remodeling a Kitchen across the country is: $5,694
Top Ranking Contractors in Nevada
Preferred Construction

- Home Builders
- $20,001 - $50,000 average range
- 26 years in business
Air Supply Inc

- HVAC Contractors
- $0 - $5,000 average range
- 12 years in business
Bulldog Air Conditioning & Heating Llc

- HVAC Contractors
- $0 - $5,000 average range
- 25 years in business
Patricks Signs Inc

- Others
- $0 - $5,000 average range
- 31 years in business
Allegiant Electric Llc

- Electricians
- $0 - $5,000 average range
- 10 years in business
Enhanced Electrical Services Inc

- Electricians
- $0 - $5,000 average range
- 13 years in business
V T Construction

- General Contractors
- $100,001 - $250,000 average range
- 30 years in business
Ambient Solar Energy

- Electricians
- $0 - $5,000 average range
- 36 years in business
Ambient Solar Energy

- Green Contractors
- $0 - $5,000 average range
- 36 years in business