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Lyon County, NV

RANK #835 / 996  ·  POP 59,435  ·  NV

PROJECTED GROWTH: -0.9%

Lyon County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Lyon County?

Lyon County, Nevada, is characterized by its expansive natural landscapes and a rich history rooted in the state's first gold discovery in 1849. Located southeast of Reno and east of Carson City, the county offers a blend of arid hills, mountains, and valleys, with a portion of the Toiyabe National Forest in its southern reaches. Notable towns include Fernley, Dayton, and the county seat, Yerington. Commutes to nearby cities like Carson City (approximately 36 miles from Silver Springs) or Reno/Sparks (via I-80 from Fernley) are common, with residents largely relying on personal vehicles. Outdoor recreation is a significant draw, with access to Lahontan Reservoir for boating and fishing, Fort Churchill State Historic Park for hiking and history, and the Walker River State Recreation Area offering trails and wildlife viewing.

Life in Lyon County often appeals to those seeking a more rural lifestyle with access to outdoor activities. Many residents own their homes, and the community has a conservative leaning, with a notable population of retirees. The economy is diverse, with a historical foundation in mining and agriculture, including the Mason Valley's past as the "Onion Capital of the West." More recently, the county has seen investment in sectors such as warehousing, transportation, and advanced manufacturing, with industrial parks in Dayton, Fernley, and Yerington. The Lyon County School District serves approximately 9,500 students across 18 schools.

[02] Market Snapshot

Housing Ratio
10.6x

Overvalued relative to economy

GDP Growth
-2.6%

Contracting economy

Home Prices
+0.9%

Below national median

Climate & Terrain
5.7

Favorable climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks overvalued at 10.6x — 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] Signal Profile

[04] Home Value Growth vs National

Lyon County U.S. National

The Numbers

DEMOGRAPHICS
Population
59,435
+2.42% YoY
Median Household Income
$70,026
Median Home Value
$314,200
+0.95% 12mo
Median Rent
$1,196
Average Annual Pay
$58,903
+6.3% YoY
Employment
13,744
+0.5% YoY
Income-to-Home-Value
0.2229
Near national average
Migration Inflow
3.4%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$445,000
Days on Market
74
Slower market
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
17.5%
Listings w/ Price Drops
18.4%
Building Permits (2024)
297
Single-Family Permits
209

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

[05] Capital Investment

$14,500M
TOTAL
PROJECT AMOUNT STATUS
Monarch Data Center Campus
Copia Power (backed by Carlyle)
$11,000M Proposed
Tract Silver Springs Data Center Campus
Tract
$1,600M Planned
Libra Energy Project (Solar & Battery Storage)
SB Energy (subsidiary of Arevia Power)
$700M Under Construction
Microsoft Silver Springs Data Center Land Acquisition & Potential Development
Microsoft
$500M Planned
Winston Energy (Solar & Battery Storage)
EDF Power Solutions
$400M Planned
Mason Valley East Solar Project
NextEra Energy Resources
$300M Proposed

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

[06] Score Breakdown

GDP Growth -2.6% 2 percentile
Population Growth +2.4% 92 percentile
Income Growth +9.5% 73 percentile
Vacancy Rate 0.8% 70 percentile
Home Price Change +0.9% 44 percentile
Rent Growth +3.2% 55 percentile
Price/Rent 14x 45 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Lyon County, NV a good place to move to?

Lyon County has a Boom Town Index score of 16/100, ranking #835 among 996 U.S. counties. With job growth at +0.5% and a median household income of $70,026, it faces some economic headwinds compared to faster-growing counties.

Is Lyon County affordable?

The median home value in Lyon County is $314,200 with median rent at $1,196/month. The income-to-home-value ratio is 0.2229, which is less affordable than the national average.

Is Lyon County growing or shrinking?

Population growth: +2.4% year-over-year. Job growth: +0.5%. Home values changed +0.9% in the past 12 months.

Are people moving to Lyon County?

Yes — 3.4% of Lyon County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

San Bernardino County, CA 26 San Benito County, CA 26 Lancaster County, SC 26 Vermilion County, IL 26 Santa Fe County, NM 26 Queens County, NY 26 Sumner County, TN 26 Spokane County, WA 26