The typical owner-occupied home in Spring Creek is worth about $360,600, 17% below the Nevada median of $435,400 and 8% above the national median of $332,700. Owners pay a median $1,899 a year in property taxes, about 0.53% of their home's value, higher than the Nevada rate of 0.47%. The median household earns $105,154 a year, so the median home costs 3.4 times the median income (5.6 times for Nevada). 87% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Spring Creek at a glance
| Spring Creek | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $360,600 | $435,400 | $332,700 |
| Median property tax paid per year | $1,899 | $2,027 | $3,119 |
| Property tax as a share of value | 0.53% | 0.47% | 0.94% |
| Median household income | $105,154 | $78,260 | $80,734 |
| Homes lived in by their owners | 87% | 60% | 65% |
| Owner homes with a mortgage | 69% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,998 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 21.9% | 22.3% | 21.0% |
| Median rent | $1,386 | $1,597 | $1,413 |
| Rent as a share of renters' income | 31.2% | 33.1% | 30.6% |
| Median year homes were built | 1997 | 1996 | 1980 |
| Vacant homes | 4.6% | 9.3% | 10.1% |
| Population | 14,739 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Spring Creek
At this week's average 30-year rate of 7.11%, buying the median Spring Creek home of $360,600 with 20% down costs about $2,250 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,851, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $96,435 for the 20%-down payment. That payment is 26% of the median Spring Creek household income of $105,154; at that income and 20% down, the 28% guideline points to a home of about $393,000.
The median rent here is $1,386 a month, so owning the median home costs about $864 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $72,120 |
|---|---|
| Loan amount | $288,480 |
| Principal and interest | $1,941 |
| Property taxes (0.53% a year) | $159 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| PMI | $0 |
| Total per month | $2,250 |
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| Down payment | $12,621 |
|---|---|
| Loan amount | $354,069 |
| Principal and interest | $2,382 |
| Property taxes (0.53% a year) | $159 |
| Homeowners insurance (our estimate, 0.5% a year) | $150 |
| FHA mortgage insurance | $159 |
| Total per month | $2,851 |
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Questions about home buying in Spring Creek
What is the median home value in Spring Creek?
About $360,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Spring Creek?
Homeowners pay a median $1,899 a year, which is about 0.53% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Spring Creek?
For the median home with 20% down at 7.11%, the payment is about $2,250 a month. Keeping that under 28% of gross income takes about $96,435 a year.
More about Spring Creek
- Mortgage Refinance in Spring Creek
- Debt Relief in Spring Creek
- Home Equity Loans in Spring Creek
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data