Quick facts: Winnemucca, NV

Quick Facts

107
Cost of Living
above US average
8,388
Population
33.5
Crime Rate per 1000
above US average
$78,161
Median Income
below US average
$210,000
Median House Price
above US average
$1695.0
Average Rent
above US average
10%
Poverty Rate
below US average
3.4%
Unemployment Rate
below 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 $78,161.

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Income Needed to Buy

βœ“ Affordable
$66k/year
Based on $210,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($78,161) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$73k/year
Based on $1695.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($78,161) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Winnemucca, NV

Winnemucca is a small city located in Humboldt County, Nevada, known for its rich history and vibrant culture. Situated at the intersection of Interstate 80 and U.S. Route 95, it serves as a hub for travelers exploring Northern Nevada. The city was established during the gold rush of the mid-19th century and is named after the local Paiute leader, Winnemucca. Winnemucca boasts a charming downtown area filled with historic buildings, local shops, and restaurants that reflect the city’s Western heritage. The city hosts several annual events, including the Winnemucca Ranch Hand Rodeo and the Humboldt County Fair, attracting visitors from across the region. Outdoor enthusiasts can enjoy a variety of recreational activities, such as hiking, camping, and off-roading in the surrounding desert landscape. With a population of around 7,500, Winnemucca offers a tight-knit community feel while providing essential services and amenities. The city is also known for its rich mining history and is often referred to as the β€œGateway to the Ruby Mountains,” providing access to stunning natural scenery and wildlife.

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