Smith Valley, NV Profile: Facts & Data

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Smith Valley, Nevada - Basic Facts

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The Smith Valley CDP(1) had a population of 1,915 as of July 1, 2021. Smith Valley ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Nevada. See peer rankings below.

The primary coordinate point for Smith Valley is located at latitude 38.8109 and longitude -119.3516 in Lyon County. The formal boundaries for the Smith Valley Census Designated Place encompass a land area of 120.62 sq. miles and a water area of 1.92 sq. miles.

The Smith Valley Census Designated Place has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Nevada is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Smith Valley Census Designated Place is located within Smith Valley Division of Lyon County.

Alternate Unofficial Names for Smith Valley: Smith Valley CDP.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Smith Valley 2021 Demographic Data
  2. Growth Rates for Smith Valley (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Nevada Research Tools (Easy Tools & Current Data)
  3. Nevada Data Comparison Tool - 2021 Demographics
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Smith Valley, NV Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 1,915 (100%)
Population in Households 1,915 (100.0%)
Population in Families 1,599 (83.5%)
Population in Group Quarters1 0
Population Density 16
Diversity Index2 47
 
 

INCOME

Median Household Income $81,106
Average Household Income $112,875
% of Income for Mortgage4 20%
Per Capita Income $49,681
Wealth Index5 165
 

HOUSING

Total HU (Housing Units) 956 (100%)
Owner Occupied HU 654 (68.4%)
Renter Occupied HU 186 (19.5%)
Vacant Housing Units 116 (12.1%)
Median Home Value $376,374
Average Home Value $441,412
Housing Affordability Index3 126
 

HOUSEHOLDS

Total Households 840
Average Household Size 2.28
Family Households 611
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 1.59% 1.45%
Households 1.71% 1.55%
Families 1.69% 1.49%
Median Household Income   2.02%
Per Capita Income   2.47%
Owner Occupied HU   1.91%

Smith Valley, NV - Peer Comparisons by Rank and Percentile

The table below compares Smith Valley to the other 131 incorporated cities, towns and CDPs in Nevada by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 48 64th
Population Density # 113 15th
Median Household Income # 28 79th
Housing Affordability Index # 76 58th
Per Capita Income # 16 89th
Diversity Index # 79 40th

Additional comparisons and rankings can be made with a VERY EASY TO USE Nevada Census Data Comparison Tool.

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