Spring Creek, Johnson Lane, Summerlin South: These cities aren’t just some of the best places to live in Nevada. They are also home to some of the richest people in the Silver State.
Spring Creek in particular houses the richest residents in the state thanks, in part, to a median household income of $94,513 and a ridiculously low poverty rate of 4.1%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Nevada share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
After analyzing Census data from the 2010-2014 American Community Survey for the 34 places in Nevada with more than 5,000 people, we were left with this set of the ten richest places in the Silver State:
- Spring Creek
- Johnson Lane
- Summerlin South
- Spanish Springs
- Indian Hills
- Incline Village
For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in Nevada? That would be Silver Springs.
How We Determined The Richest Places In Nevada
The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.
However, we don’t think that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the 2010-2014 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 34 places with more than 5,000 people in Nevada, we ranked each place from 1 to 34 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Spring Creek, crowned the “Richest Place In Nevada”.
You can learn more about the top ten below or skip to the end to see the rankings for all 34 places.
1. Spring Creek
Population: 14,012 Median Income: 9451300.0%
Poverty Level: 4.1%
Unemployment Rate: 1.2%
2. Johnson Lane
Population: 6,319 Median Income: 7852500.0%
Poverty Level: 2.8%
Unemployment Rate: 4.0%
3. Summerlin South
Population: 25,315 Median Income: 9176500.0%
Poverty Level: 5.4%
Unemployment Rate: 8.2%
Population: 19,308Median Income: 7443300.0%
Poverty Level: 8.3%
Unemployment Rate: 5.3%
Population: 7,736Median Income: 7209900.0%
Poverty Level: 7.8%
Unemployment Rate: 7.2%
Population: 124,564 Median Income: 6862300.0%
Poverty Level: 7.7%
Unemployment Rate: 8.1%
7. Spanish Springs
Population: 15,322 Median Income: 7884200.0%
Poverty Level: 5.3%
Unemployment Rate: 12.3%
Population: 266,245Median Income: 6383000.0%
Poverty Level: 9.9%
Unemployment Rate: 10.3%
9. Indian Hills
Population: 6,007 Median Income: 5995700.0%
Poverty Level: 12.0%
Unemployment Rate: 10.2%
10. Incline Village
Population: 8,389Median Income: 6998400.0%
Poverty Level: 14.0%
Unemployment Rate: 8.2%
There You Have It – The Richest Places In Nevada
Like we said earlier, when we set out to identify the richest places in Nevada, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Nevada. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in NV, according to data:
Poorest: Silver Springs
2nd Poorest: Laughlin
3rd Poorest: Winchester
For more Nevada reading , check out:
- These Are The 10 Worst Places To Live In Nevada
- If You’re From Las Vegas This Will Be The Most Jaw-Dropping Thing You See Today. Guaranteed.
Detailed List Of Richest Places In Nevada
|North Las Vegas||18|