75 / 100

Lyon County, NV

Fernley

RANK #251 / 996 NAT  ·  POP 59,435

1YR FORECAST: +1.4%

5YR OUTLOOK: +30%

#41 Best Climate & Terrain #41 Most Overvalued
Our model projects above-average housing market growth for Lyon County at +1.4% over the next year.

[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] Top Employers

  1. 1
    MSC Fernley DC Logistics
    500+
  2. 2
    Walmart Supercenter Retail
    250+
  3. 3
    Snyder Family Foods Agriculture
  4. 4
    Rite of Passage Education
    100+
  5. 5
    South Lyon Medical Center Healthcare
  6. 6
    Lyon County School District Education
  7. 7
    Lyon County Human Service Government
  8. 8
    Nevada Automotive Test Center Other
  9. 9
    Nevada Cement Co Manufacturing
  10. 10
    Hodges Transportation Inc Other

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

[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
Bachelor's Degree+
16.1%
of residents (national avg: 33%)

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] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.2
per 100K · nat avg 6.3
Firearm Fatalities
28.2
per 100K · nat avg 14.8
Injury Deaths
119.7
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)
40.3
Good
Good Air Days
87%
850 of 974 days
Unhealthy+ Days (3yr)
8
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
41
2022
39
2023
41
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

$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.

[08] 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.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 75/100, Lyon County sits in the upper half of all 996 ranked counties. and median household income stands at $70,026 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NV.

Is Lyon County affordable?

Lyon County leans toward the expensive side. A median home value of $314,200 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $1,196/month on average.

Is Lyon County growing or shrinking?

Lyon County's population is growing — up +2.4% YoY — while the job market is roughly flat (employment change of +0.5%). Home values shifted +0.9% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Lyon County?

There's a moderate stream of newcomers. About 3.4% of residents moved from another state, which is above average and suggests Lyon County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Elko County, NV 70 Washoe County, NV 47 Nye County, NV 44 Carson City, NV 15 Clark County, NV 12 Harrison County, WV 75 Crow Wing County, MN 75 Oktibbeha County, MS 75