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Carson City, NV

RANK #843 / 996 NAT  ·  POP 58,249

1YR FORECAST: +0.4%

5YR OUTLOOK: +14%

#18 Best Climate & Terrain
Our model projects Carson City's housing market at +0.4% 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.

[02] Market Snapshot

Housing Ratio
5.5x

Above national median (4.7x)

GDP Growth
+5.7%

Well above national median

Home Prices
+0.6%

Well below national median

Climate & Terrain
7.3

Favorable climate & terrain

Price/Rent
18x

Above national median (13x)

Housing is fairly valued at 5.5x 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

The Numbers

DEMOGRAPHICS
Population
58,249
+0.5% YoY
Median Household Income
$67,465
Median Home Value
$390,800
+0.58% 12mo
Median Rent
$1,127
Average Annual Pay
$69,100
+8.3% YoY
Employment
31,895
+1.8% YoY
Income-to-Home-Value
0.1726
Less affordable than average
Migration Inflow
5.21%
of pop. from another state
Bachelor's Degree+
24.3%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$537,500
Days on Market
62
Slower market
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
99.0%
Near asking price
Sold Above List
30.0%
Listings w/ Price Drops
15.3%
Building Permits (2024)
264
Single-Family Permits
183

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

GDP Growth +5.7% 89 percentile
Population Growth +0.5% 52 percentile
Income Growth +8.4% 48 percentile
Vacancy Rate 0.7% 80 percentile
Home Price Change +0.6% 39 percentile
Rent Growth +5.2% 81 percentile
Price/Rent 18x 13 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Carson City scores just 15/100 on the Boom Town Index, ranking #843 of 996 counties. Job growth at +1.8% and median household income of $67,465 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 $390,800 against an income-to-home-value ratio of 0.17 means housing eats a bigger share of local earnings than the national norm. Renters face $1,127/month on average.

Is Carson City growing or shrinking?

Employers in Carson City are hiring — job growth of +1.8% — but the population is close to flat (+0.5% YoY). Home values moved +0.6% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Carson City?

In significant numbers — 5.21% of Carson City's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Clark County, NV 12 Nye County, NV 44 Washoe County, NV 47 Elko County, NV 70 Lyon County, NV 75 Pulaski County, KY 15 Pittsylvania County, VA 14 Camden County, GA 16