Nevada Economic Overview

Key economic indicators for Nevada (NV). Population: 3,104,614.

Unemployment Rate

5.1%

Above national avg (~4.2%)

Median Annual Wage

$52,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.8%

Year-over-year change

Population

3.1M

Source: 2020 Census

About the Nevada Economy

Nevada has an unemployment rate of 5.1%, which is above the national average. The median annual wage is $52,000, with wages growing at 3.8% year-over-year. With a population of 3,104,614, Nevada is the a mid-size state economy in the U.S.