Key Economic Benchmarks
Median Household Income
$54,855$4,571 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Mineral County, NV
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Mineral County, NV
Official FY2026 HUD Fair Market Rents for Mineral County, NV. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,055 | $12,660 | $42,200 | 23.1% |
| 1-Bedroom Apartment | $1,062 | $12,744 | $42,480 | 23.2% |
| 2-Bedroom ApartmentBenchmark | $1,393 | $16,716 | $55,720 | 30.5% |
| 3-Bedroom Home | $1,937 | $23,244 | $77,480 | 42.4% |
| 4-Bedroom Home | $2,337 | $28,044 | $93,480 | 51.1% |
50/30/20 Living Budget in Mineral County, NV
Based on the local median household income of $54,855/year ($4,571/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in Nevada
Explore net income after federal income tax, FICA, and Nevada state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across Nevada with official federal datasets:
Frequently Asked Questions About Living in Mineral County, NV
What is the median household income in Mineral County, NV?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Mineral County, NV is $54,855 per year (approximately $4,571 per month).
What is the average rent in Mineral County, NV?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Mineral County, NV are $1,055 for a studio, $1,062 for 1 bedroom, $1,393 for 2 bedrooms, $1,937 for 3 bedrooms, and $2,337 for 4 bedrooms.
How does the cost of living in Mineral County, NV compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Mineral County, NV is 100.0 (0% higher than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Mineral County, NV?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,393/month) in Mineral County, NV requires a minimum gross household income of $55,720 per year ($4,643 per month).
What is a balanced 50/30/20 monthly budget in Mineral County, NV?
For a typical household earning the median income of $54,855/year ($4,571/month) in Mineral County, NV, a balanced 50/30/20 budget allocates $2,286/month to essential needs (rent, utilities, groceries), $1,371/month to discretionary spending, and $914/month to savings and debt repayment.
What are typical electricity and utility costs in Mineral County, NV?
Residential electricity rates in Nevada average 13.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $118 per month.