Comprehensive salary data, cost of living, tax rates, and employment information for Nevada.
Reviewed by Alexander O.M., MBA, BSc Engineering•Updated
Nevada has no state income tax, a fact rooted in the state's gaming-tax structure — casino revenue taxes fund a disproportionate share of the state budget, insulating general income from direct taxation. The $69,187 median household income is close to the national average, and the cost-of-living index of 104 is only marginally above. Las Vegas and Reno dominate the economy: Clark County (Las Vegas metro) contains roughly three-quarters of the state's population and most of the gaming-and-hospitality employment. MGM Resorts, Wynn, Caesars, and Las Vegas Sands together employ a substantial fraction of the metro's workforce. Reno has quietly become a logistics and manufacturing hub — Tesla's Gigafactory in Sparks is one of the largest lithium-ion battery facilities in the world, and Amazon, Apple, and Switch all maintain major data-centre campuses in the region. Mining remains significant in the rural north — Nevada is the largest gold-producing state in the US by a wide margin. The $12/hour minimum wage varies by employer health-benefit status under state law. Property taxes are modest. Full salary and employment breakdown follows.
Median Individual
$35,680
per year
Median Household
$69,187
per year
Cost of Living
104
Average (US avg = 100)
State Income Tax
0%
rate
Salary Overview for Nevada
The median individual income in Nevada is $35,680 per year, while the mean (average) individual income is $46,230. The median household income is $69,187.
Cost of Living Adjusted Salary
Nevada's cost of living index is 104 (national average = 100). This means the median salary of $35,680 in Nevada has the purchasing power of approximately $34,308 at the national average cost of living. Nevada is roughly in line with the national average cost of living.
Minimum Wage in Nevada
The current minimum wage in Nevada is $12.00/hour, which equals approximately $24,960 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Nevada minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Nevada
MGM Resorts
Wynn Resorts
Clark County School District
Major Industries in Nevada
Tourism & Gaming
Mining
Technology
Tax Rates in Nevada
See the full tax breakdown including income tax, sales tax, property tax, and more on our Nevada tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Nevada after federal and state taxes.