State economy

Nevada economy

Nevada's unemployment rate was 4.7% in September 2026, down from 4.8% the month before and 5.2% a year earlier. That ranks 43 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.62 million jobs on their payrolls in September 2026, a gain of 25,300 (+1.6%) from a year earlier. Home prices (FHFA index) were +2.5% from a year earlier in Q2 2026. Median household income was $88,880 in 2025.

4.7%
unemployment rate
September 2026
Unemployment rate4.7%Rank 43 of 51 (1 = lowest)
10-year range4.0–30.5%Low Jun 2019 · high Apr 2020
Nonfarm jobs1.62M+1.6% in a year · rank 3
Home prices (FHFA)+2.5%1-year change · Q2 2026 · 5-yr +35%
Median household income$88,8802025 · rank 22 of 51

Nevada: unemployment rate

Nevada unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.7%; high 30.5% on Apr 1, 2020; low 4.0% on Jun 1, 2019.0%10%20%30%40%20082010201220142016201820202022202420264.7%High 30.5%Low 4.0%

Nevada: jobs, change from a year earlier

Nevada nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +1.6%; high +22.5% on May 1, 2021; low -22.0% on May 1, 2020.-30%-20%-10%0%10%20%30%20052010201520202025+1.6%High +22.5%Low -22.0%

Nevada: home prices, change from a year earlier

Nevada FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +2.5%; high +37.2% on Jul 1, 2004; low -26.0% on Oct 1, 2008.-40%-20%0%20%40%20052010201520202025+2.5%High +37.2%Low -26.0%

Nevada: median household income

Nevada median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $88,880; high $88,880 on Jul 1, 2025; low $23,270 on Jul 1, 1985.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$88,880Low $23,270

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).