Located in the vibrant state of Nevada, Spring Valley is a growing community that offers a blend of urban living, economic stability, and a diverse population. In this article, we will delve into the latest demographic data and statistics that make Spring Valley an attractive place to live.
Population and Growth
As of 2025, Spring Valley is projected to have a population of 228,806 residents, reflecting an annual growth rate of 2.0%. This steady increase is consistent with the 10.1% population change observed from 2018 to 2023, according to the US Census Bureau’s American Community Survey. For comparison, as of 2023, the actual population was 219,913.
Demographic Breakdown
Age and Gender
The median age in Spring Valley is 39.2 years. The community is evenly divided between males and females, with 50.75% of the population being male and 49.25% being female.
Ethnic Diversity
Spring Valley boasts a diverse population. The largest racial/ethnic groups are White (36.8%), Hispanic (23.9%), and Asian (19.9%). Additionally, the community is predominantly American-born, with 68.5% of residents being U.S. citizens.
Economic Insights
Median Household Income
The median household income in Spring Valley is $72,364. This is slightly higher than Carson City and Las Vegas, with households making more than $71,809 and $70,723, respectively. However, despite the overall stability, 9.1% of families live in poverty.
Homeownership and Property Values
The median property value in Spring Valley is $375,200, and the homeownership rate is 49.1%. A significant portion of housing units are owner-occupied, with 49.09% of residents owning their homes.
Transportation and Lifestyle
Commuting Patterns
Residents of Spring Valley generally drive alone to work, with an average commute time of 22.7 minutes. The average car ownership is 2 cars per household, reflecting the car-centric lifestyle often associated with Nevada communities.
Quality of Life
While economic data provides a solid foundation, it is essential to consider the quality of life in Spring Valley. Residents of Spring Valley enjoy a relatively affordable cost of living, with housing costs averaging about $1,466 per month.
In summary, Spring Valley, NV, offers a rich and diverse community with steady growth, a moderate cost of living, and a strong economic base. Whether you are an urban dweller or an aspiring homeowner, Spring Valley presents various opportunities for an enriching life in Nevada.
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