Mineral County NV Data & Peer Group Rankings

Mineral County NV Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	4,638 (100%)
Population in Households	4,586 (98.9%)
Population in Families	3,282 (70.8%)
Population in Group Quarters¹	52 ( 1.1%)
Population Density	1
Diversity Index²	63


INCOME
Median Household Income	$38,180
Average Household Income	$53,846
% of Income for Mortgage⁴	10%
Per Capita Income	$25,728
Wealth Index⁵	48

HOUSING
Total HU (Housing Units)	2,830 (100%)
Owner Occupied HU	1,292 (45.7%)
Renter Occupied HU	923 (32.6%)
Vacant Housing Units	615 (21.7%)
Median Home Value	$95,119
Average Home Value	$117,879
Housing Affordability Index³	215

HOUSEHOLDS
Total Households	2,215
Average Household Size	2.07
Family Households	1,227
Average Family Size	3

NOTES

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.
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.
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.
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).
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	2010-2020	2020-2025
Population	-0.28%	-0.46%
Households	-0.11%	-0.26%
Families	-0.24%	-0.31%
Median Household Income		0.68%
Per Capita Income		1.25%
Owner Occupied HU		-0.06%

Mineral County NV - Peer Comparisons by Rank and Percentile

The table below compares Mineral County to the other 17 counties / independent cities and county equivalents in Nevada by rank and percentile using July 1, 2020 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	# 14	24th
Population Density	# 11	41st
Median Household Income	# 17	6th
Housing Affordability Index	# 13	76th
Per Capita Income	# 13	29th
Diversity Index	# 4	82nd

Variable Description

Rank

Percentile

Total Population

# 14

24th

Population Density

# 11

41st

Median Household Income

# 17

6th

Housing Affordability Index

# 13

76th

Per Capita Income

# 13

29th

Diversity Index

# 4

82nd

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Mineral County NV Information

Mineral County NV Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mineral County NV - Peer Comparisons by Rank and Percentile

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