Town in Collin County, part of the Dallas-Fort Worth metro

Living in Nevada, TX

B+

183rd of 745Texas towns of 1,000 to 10,000 people
Overall score 75 of 100
62nd of 181 in the Dallas-Fort Worth area

Nevada earns a grade of B+ on our index, 183rd of 745 Texas towns of 1,000 to 10,000 people. It does best on home ownership and jobs and income, and trails on schools and getting around. It is a strong pick for young professionals and remote workers.

  • Good for young professionals
  • Good for remote workers
  • Fast-growing
  • Schools scores low (12 of 100)
  • Getting around scores low (15 of 100)
Map of Texas showing where Nevada isHoustonSan AntonioAustinFort WorthNevada
Where Nevada is in Texas.
Population
1,522+16.8% since 2020
Median rent
$1,65418% higher than Texas
Median home value
$393,80039% higher than Texas
Household income
$119,750Median
Average commute
48 minOne way
Violent crime
No dataNo full-year report

What it's like to live in Nevada

Nevada sits about 28 miles from downtown Dallas, in the Dallas-Fort Worth-Arlington metro. 1,522 people lived here in 2025, up 16.8% from 2020, so it is one of the faster-growing places in Texas. It is small-town and rural in feel, with mostly newer homes (the median home was built in 2012).

The median age is 35.7, 30% of households have children, 96% of homes are owned by the people living in them and the typical household earns $119,750 a year (53% higher than the Texas median).

Pros of living in Nevada

  • High incomes. The median household earns $119,750, 53% higher than the Texas median.
  • Growing fast. The population grew 17% from 2020 to 2025, which usually means new homes, shops and jobs.

Cons of living in Nevada

  • Higher rent. Median rent is $1,654, 18% higher than the Texas median.
  • Long commutes. The average trip to work takes 48 minutes, against 27 across Texas.

Who Nevada suits

  • FamiliesA reasonable fit. Compared with similar Texas places, it beats 46% for families.
  • Young professionalsA reasonable fit: household income is 53% higher than the Texas median, with 3 restaurants and 1 cafe in town. Compared with similar Texas places, it beats 82% for young professionals.
  • Remote workersA reasonable fit: 96% of homes have broadband and the median rent of $1,654 is 18% higher than the Texas median. Compared with similar Texas places, it beats 93% for remote workers.
  • People on a budgetA reasonable fit: the median rent of $1,654 is 18% higher than the Texas median. Compared with similar Texas places, it beats 57% for people on a budget.

Nevada report card

Ten grades, one for each part of daily life we measure. Most compare Nevada with other US towns of 1,000 to 10,000 people. Schools, safety and errands compare it with other Texas towns of 1,000 to 10,000 people.

  • Cost of living: grade C+

    Median rent $1,654, homes cost 3.3x income.

    51 of 100 vs US towns

  • Jobs and income: grade A

    Median household income $119,750, 2.5% unemployed.

    90 of 100 vs US towns

  • Schools: grade D-

    2 rated campuses, 0% rated A or B.

    12 of 100 vs TX towns

  • Safety: no grade

    No full year of crime data from local police.

    No score vs TX towns

  • Errands and things to do: no grade

    0 grocery stores, 3 restaurants, 1 park mapped in town.

    No score vs TX towns

  • Getting around: grade D-

    Average commute 48 min, 21% work from home.

    15 of 100 vs US towns

  • Education levels: grade B+

    34% have a bachelor’s degree.

    76 of 100 vs US towns

  • Health: grade C+

    11% of adults uninsured.

    52 of 100 vs US towns

  • Home ownership: grade A+

    96% of homes owner-occupied.

    98 of 100 vs US towns

  • Internet access: grade A-

    96% of homes have broadband.

    83 of 100 vs US towns

Where Nevada stands out compared with Texas

Better than Texas

  • Renters paying 30%+ of income on rent: 17%35 points lower than Texas (52%)
  • Homes owned by the people living in them: 96%34 points higher than Texas (63%)
  • Median household income: $119,75053% higher than Texas ($78,476)

Worse than Texas

  • Average commute: 48 min79% higher than Texas (27 min)
  • Median rent: $1,65418% higher than Texas ($1,403)

Cost of living in Nevada

Nevada renters pay a median of $1,654 a month, 18% higher than the statewide median. The usual rule is to spend no more than 30% of income on rent, which means earning around $66,000 a year for a median unit. Right now 17% of renters here pay more than 30% of their income on rent.

HUD sets fair market rents for this area at $1,536 for a one-bedroom, $1,807 for a two-bedroom and $2,275 for a three-bedroom (fiscal year 2027). These figures include utilities and describe a modest unit, so newer apartments often ask for more.

The median home is worth $393,800, 39% higher than the Texas median. With 20% down and a 30-year loan at 7.28%, the monthly payment comes to about $2,156 before tax, or $2,665 with property tax. That is $1,011 a month more than the median rent, so renting is the cheaper monthly choice unless you plan to stay for years.

Texas has no state income tax, but property taxes are among the highest in the country. The median homeowner in Nevada pays $6,112 a year, 44% higher than the Texas median of $4,232. Budget for it, along with homeowners insurance, which our numbers do not include.

Typical rent by apartment size

Fair market rent by bedroom count in NevadaStudio$1,4911 bedroom$1,5362 bedrooms$1,8073 bedrooms$2,2754 bedrooms$2,892
HUD fair market rent for FY2027, Dallas, TX HUD Metro FMR Area. This is what a typical, modest unit rents for, including utilities.
MeasureHereTexasUS
Median rent18% higher than Texas$1,654$1,403$1,413
Median home value39% higher than Texas$393,800$283,800$332,700
Home value to income9% lower than Texas3.3x3.6x4.1x
Renters paying 30%+ of income on rent35 points lower than Texas17%52%51%
Median property tax per year44% higher than Texas$6,112$4,232$3,119
Homes owned by the people living in them34 points higher than Texas96%63%65%
Median year homes were builtAbout the same as Texas201219921980

Monthly cost to buy a median home

$2,665
Mortgage payment
$2,156
Property tax
$509
Median rent, for comparison
$1,654

Based on a $393,800 home in Nevada, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median paid locally, or the county median where the local figure is not published. Insurance and fees are not included.

Schools in Nevada

Nevada has 2 public school campuses with a 2025 state rating inside the city, and 0% of them earn an A or B. Most students here are served by Community ISD.

Texas districts usually assign students by attendance zone rather than the closest campus, so check the zone for a specific address with the district before you sign a lease or buy.

Schools grade
12
of 100 vs Texas towns
Average rating
71
Texas median 81

Ratings are the 2025 Texas Education Agency A to F accountability ratings. Always check which school serves a specific address with the district.

Top-rated schools

  • CMcClendon ElementaryElementary, Community ISD73 of 100
  • DLeland E Edge MiddleMiddle, Community ISD69 of 100

Daily life in Nevada

Everyday places mapped inside Nevada, from Overture Maps.

The average one-way commute is 48 minutes, 79% longer than the Texas average. 21% of workers work from home. Fewer than 3% walk, bike or take transit to work, so plan on driving for almost everything.

Downtown Dallas is about 28 miles away in a straight line. Many people who live in Nevada work elsewhere in the metro, so test the drive at rush hour before you commit.

The median household income is $119,750, income per person is $45,442, unemployment is 2.5% and 34% of adults hold a bachelor's degree.

Grocery stores
0
Pharmacies
0
Restaurants
3
Cafes
1
Bars
0
Parks
1
Gyms
0
Hospitals and urgent care
0
Childcare
0
Libraries
0

Jobs, income and education

MeasureHereTexasUS
Median household income53% higher than Texas$119,750$78,476$80,734
Income per person12% higher than Texas$45,442$40,752$44,673
Unemployment rate3 points lower than Texas2.5%5.3%5.2%
People below the poverty line9 points lower than Texas4.9%14%12%
Adults with a bachelor's degree or higherAbout the same as Texas34%34%36%
Adults with a high school diploma or higher10 points higher than Texas96%86%90%
Adults 18 to 64 without health insurance8 points lower than Texas11%20%11%
Homes with broadband internet5 points higher than Texas96%91%91%

Getting to work

MeasureHereTexasUS
Average commute79% higher than Texas48 min27 min26 min
Workers who work from home7 points higher than Texas21%14%15%
Workers who work from home21%
Workers who take transit1.5%
Workers who walk0.6%
Workers who bike0%

Who lives in Nevada

Under 1821%
18 to 3428%
35 to 6433%
65 and over18%

Median age 35.7 years. 30% of households have children.

Race and ethnicity
White75%
Hispanic or Latino18%
Black0.5%
Asian2.8%
Other or more than one race3.6%

Shown for information only. It is never part of any grade.

Weather in Nevada

Nevada has a hot Texas climate. July highs average 92°F and January lows about 34°F. There are about 95 days a year at 90°F or above, and about 40 inches of rain a year.

Average monthly high and low temperatures in Nevada30°50°70°90°54J58F65M73A80M88J92J93A87S77O65N56DRain

Average daily high and low by month, °F, with rain below. NOAA 1991 to 2020 normals from Lavon Dam, 6 mi away. Orange months average 90°F or more.

Natural hazard risk

    Source: FEMA National Risk Index, December 2025, Census tract level averaged for the city. Check the FEMA flood map for any address before you buy.

    Places near Nevada

    Nearby, Josephine gets a C, Lavon gets a B- and Wylie gets an A-. Each is graded against Texas places of its own size, so a small town and a big city can both earn an A.

    1. CJosephineTown, 5,842 people3 mi
    2. B-LavonTown, 6,498 people4 mi
    3. A-WylieCity, 60,334 people5 mi
    4. C+Royse CitySmall city, 20,037 people7 mi
    5. BFateSmall city, 22,884 people7 mi
    6. B+Caddo MillsTown, 3,340 people8 mi

    Nevada in the Dallas-Fort Worth area

    How it ranks among 181 places in the metro.

    1. 1A+Flower Mound78,389 people26 mito downtown
    2. 2A+Trophy Club13,733 people29 mito downtown
    3. 3A+University Park25,155 people4 mito downtown
    4. 59B+Midlothian39,356 people26 mito downtown
    5. 60B+Benbrook24,557 people41 mito downtown
    6. 61B+Lowry Crossing1,433 people29 mito downtown
    7. 62B+Nevada1,319 people28 mito downtown
    8. 63B+Bedford49,085 people22 mito downtown
    9. 64B+Rhome1,699 people44 mito downtown
    10. 65B+Watauga23,233 people29 mito downtown

    See all of the best suburbs of dallas-fort worth

    Living in Nevada: common questions

    Is Nevada, TX a good place to live?

    Nevada earns a grade of B+ on our index, 183rd of 745 Texas towns of 1,000 to 10,000 people. It does best on home ownership and jobs and income, and trails on schools and getting around. It is a strong pick for young professionals and remote workers.

    How much does it cost to live in Nevada?

    Renters in Nevada pay a median of $1,654 a month, 18% higher than the Texas median. The median home is worth $393,800, 39% higher than the Texas median. A median home costs 3.3x the median household income, compared with 3.6x across Texas. With 20% down at a 7.28% rate, the monthly payment on a median home is about $2,665, including property tax.

    Are the schools good in Nevada?

    We found 2 rated public school campuses inside Nevada. 0% are rated A or B by the Texas Education Agency. Its schools score is 12 of 100 compared with other Texas towns of 1,000 to 10,000 people.

    What is the weather like in Nevada?

    Summers in Nevada peak at about 92°F in July, and January nights fall to about 34°F. Expect around 95 days a year at 90°F or hotter, and 40 inches of rain.

    How long is the commute in Nevada?

    The average one-way commute is 48 min, 79% higher than the Texas average. About 21% of workers work from home. It is about 28 miles from downtown Dallas.

    Sources: US Census Bureau 2020-2024 ACS 5-year and 2025 population estimates, CDC PLACES 2025, Texas Education Agency 2025 ratings, FBI Crime Data Explorer, FEMA National Risk Index, NOAA climate normals, HUD fair market rents, Overture Maps. Updated 2026-10-04. How we grade.