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Nevada, TX
Full City Profile · Texas · Collin County County
4.1
/5.0
A
Great
1,292
Population
541/sq mi density
$133,750
Median Income
$43,456 per capita
$397,700
Home Value
$401,279 Zillow
$1,696
Median Rent
18.4% income on rent
64°F
Avg Temperature
330 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$133,750 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$397,700 home value, $1,696/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
4.0 / 5.0
37.2% bachelor's degree or higher
Income Overview
Median Household Income
$133,750
78% above
US avg: $75,149
Per Capita Income
$43,456
11% above
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
4.9%
60% below
US avg: 12.4%
Income Comparison: Nevada vs. U.S. Average
Each bar shows Nevada’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$133,750
178%
Per Capita
US: $39,052
$43,456
111%
IRS Avg AGI
US: $72,000
$129,628
180%
Avg Weekly Wage
US: $1,432
$1,694
118%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,694
18% above US avg ($1,432)
Mean Commute Time
38 min
38% above US avg (28 min)
Work From Home
22.7%
49% above US avg (15.2%)
Drive Alone
62.2%
15% below US avg (73.2%)
Public Transit
1.4%
72% below US avg (5.0%)
County GDP
$115,358M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
62.2%
Public Transit
1.4%
Work From Home
22.7%
Other
13.7%
Average commute time
38 minutes
US avg: 28 min
Business Landscape
Total Establishments
34,830
Restaurants
2,668
Healthcare
4,398
Retail
2,985
Manufacturing
491
Tax & Financial
IRS Avg Adjusted Gross Income
$129,628
80% above US avg ($72,000)
Avg Property Tax
$10,750
207% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $133,750 |
| Per Capita Income | $43,456 |
| IRS Avg Adjusted Gross Income | $129,628 |
| Avg Weekly Wage | $1,694 |
| County GDP | $115,358M |
Hardship Indicators
| Unemployment Rate | 1.4% |
| Poverty Rate | 4.9% |
| Gini Coefficient | 0.433 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 38 minutes |
| Drive Alone | 62.2% |
| Public Transit | 1.4% |
| Work From Home | 22.7% |
Businesses
| Total Establishments | 34,830 |
| Restaurants | 2,668 |
| Healthcare | 4,398 |
| Retail | 2,985 |
| Manufacturing | 491 |
Tax
| IRS Avg AGI | $129,628 |
| Avg Property Tax | $10,750 |