Housing costs in Incline Village?
A typical home costs
$1,392,400, which is 311.8% more expensive than the national average of
$338,100 and 233.8% more expensive than the average Nevada home, at
$417,100. Renting a two-bedroom unit in Incline Village costs
$2,270 per month, which is 58.7% more than the national average of
$1,430 and 36.1% more than the state average of
$1,450.
Can I afford Incline Village?
To live comfortably in Incline Village, Nevada, a minimum annual income of
$266,760 for a family, and
$72,000 for a single person is recommended.
What does A.I. say about Incline Village?
Incline Village, NV is an expensive place to live. The cost of living is significantly higher than the national average, with housing costs especially high. Median home prices hover around $800,000 and rental costs are relatively steep for both apartments and single-family homes. The median household income in Incline Village is also quite high at $117,000. However, with higher wages come higher taxes; the state income tax rate in Nevada is 6.85%, and there is an additional 1% sales tax added to all purchases in Incline Village. Overall, while Incline Village offers a great quality of life for its residents, those same residents must consider the higher cost of living before deciding to call this beautiful mountain town home.