3 / 100

Carson City, NV

RANK #965 / 1001 NAT  ·  POP 58,384

1YR FORECAST: -0.0%

5YR OUTLOOK: +12%

#18 Best Climate & Terrain
Our model projects Carson City's housing market at -0.0% over the next year, underperforming most U.S. counties.

[01] Why Carson City?

Nevada's capital, Carson City, is often recognized for its unique position as a consolidated city-county, offering a blend of civic life and natural beauty. Located in Eagle Valley, on the eastern edge of the Sierra Nevada, it sits about 30 miles south of Reno. The commute to Reno typically takes 30 to 45 minutes. The community maintains a small-town feel despite its capital status. Residents have access to extensive outdoor recreation, including hiking and biking trails in the Sierra foothills and at Prison Hill Recreation Area, fishing in the Carson River, and winter sports a short drive away at Lake Tahoe.

Carson City offers a quality of life that attracts families, retirees, and remote workers. The Carson City School District includes above-average public schools. The economy is driven by state government, healthcare, education, and retail. Manufacturing is also a significant sector, with Carson City having a notable concentration of light industry. The city's economic development efforts have focused on diversification into areas like clean energy and advanced manufacturing. Public transit options include local bus services and a commuter bus to Reno.

MARKET PROFILE

Western Premium Correction

Carson City is one of 78 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +0.3% runs above the profile's typical -0.8%.

See all 78 Western Premium Correction counties →

[02] Market Snapshot

Housing Ratio
11.2x

Overvalued relative to economy

Home Prices
+0.3%

Well below national median

Climate & Terrain
7.3

Favorable climate & terrain

Price/Rent
21x

Prices detached from rents

Housing looks overvalued at 11.2x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State Government (Nevada) Government
    10,000+
  2. 2
    Carson Tahoe Health Healthcare
    500+
  3. 3
    City of Carson City Government
  4. 4
    Western Nevada College Education
  5. 5
    Click Bond Inc. Manufacturing
  6. 6
    Carson City School District Education
    250+
  7. 7
    Casino Fandango Hospitality
  8. 8
    Carson City Nugget Hospitality
  9. 9
    Gold Dust West Casino Hospitality
  10. 10
    PCC Structurals Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Carson City U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
58,384
+0.03% YoY
Median Household Income
$72,355
Median Home Value
$453,000
+0.31% 12mo
Median Rent
$1,248
Average Annual Pay
$72,593
+5.1% YoY
Employment
32,495
+1.9% YoY
Income-to-Home-Value
0.1597
Less affordable than average
Migration Inflow
3.15%
of pop. from another state
Bachelor's Degree+
23.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$479,950
Days on Market
42
Moderate pace
Months of Supply
2.8
Seller's market
Sale-to-List Ratio
99.6%
Near asking price
Sold Above List
31.7%
Listings w/ Price Drops
21.0%
Building Permits (2025)
573
Single-Family Permits
322

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.6
per 100K · nat avg 6.3
Firearm Fatalities
21.4
per 100K · nat avg 14.8
Injury Deaths
104.4
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
44.3
Good
Good Air Days
73%
799 of 1,092 days
Unhealthy+ Days (3yr)
38
Includes 9 Very Unhealthy
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
42
2022
44
2023
47
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$2,950M
TOTAL
PROJECT AMOUNT STATUS
Redwood Materials Nevada Campus Expansion
Redwood Materials
$2,000M Under Construction
Winston Solar & Battery Storage Facility (400 MW solar + BESS)
Winston FC Solar LLC (EDF)
$400M Under Construction
Google Data Center Campuses Expansion (Storey and Clark counties)
Google
$400M Under Construction
The Marlette (140-unit multifamily development)
Kingsbarn Capital & Development / Neeser Construction
$50M Completed
Carson City Townhome Development (51 units)
NV Capital Corporation
$50M Planned
New City Hall
Carson City (in negotiation with Hop & Mae Adams Foundation)
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.0% 24 percentile
Income Growth +0.8% 12 percentile
Vacancy Rate 0.7% 75 percentile
Home Price Change +0.3% 30 percentile
Rent Growth +4.3% 72 percentile
Price/Rent 21x 14 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Carson City, NV a good place to move to?

The data is not encouraging — Carson City scores just 3/100 on the Boom Town Index, ranking #965 of 1001 counties. Job growth at +1.9% and median household income of $72,355 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Carson City affordable?

Carson City leans toward the expensive side. A median home value of $453,000 against an income-to-home-value ratio of 0.16 means housing eats a bigger share of local earnings than the national norm. Renters face $1,248/month on average.

Is Carson City growing or shrinking?

Employers in Carson City are hiring — job growth of +1.9% — but the population is close to flat (+0.0% YoY). Home values moved +0.3% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Carson City?

There's a moderate stream of newcomers. About 3.15% of residents moved from another state, which is above average and suggests Carson City has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Clark County, NV 9 Washoe County, NV 17 Nye County, NV 23 Elko County, NV 67 Lyon County, NV 95 St. Charles Parish, LA 3 Waller County, TX 2 Laurel County, KY 4