Quick facts: Dayton, NV

Quick Facts

107
Cost of Living
above US average
15,415
Population
2.59
Crime Rate per 1000
below US average
$85,375
Median Income
above US average
$464,000
Median House Price
above US average
$2099.33
Average Rent
above US average
9%
Poverty Rate
below US average
5.1%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $85,375.

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Income Needed to Buy

βœ— Stretch
$146k/year
Based on $464,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $146k vs median $85,375
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Income Needed to Rent

⚠ Stretch
$90k/year
Based on $2099.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $90k vs median $85,375
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dayton, NV

Dayton, Nevada, is a small town located in Lyon County, nestled in the eastern foothills of the Sierra Nevada mountain range. With a population of around 8,000 residents, Dayton offers a blend of small-town charm and access to outdoor recreational activities. The town is situated approximately 15 miles southeast of Reno, making it easily accessible to larger urban amenities while maintaining a quieter lifestyle. Dayton is rich in history, being one of the first settlements in Nevada, with roots dating back to the 1850s during the gold rush era. Visitors can explore local landmarks such as the historic Dayton Depot and the nearby Nevada State Museum in Carson City. The area is known for its scenic landscapes, with opportunities for hiking, mountain biking, and fishing nearby. The Carson River runs through the region, providing residents and visitors with beautiful views and outdoor activities. The annual Dayton Valley Days festival showcases local culture and community spirit, featuring crafts, food, and entertainment. Overall, Dayton, NV, is ideal for those seeking a peaceful lifestyle with proximity to the natural beauty and recreational opportunities of the Sierra Nevada.

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