The typical owner-occupied home in Storey County is worth about $426,400, about the same as the Nevada median of $435,400 and 28% above the national median of $332,700. Owners pay a median $1,450 a year in property taxes, about 0.34% of their home's value, lower than the Nevada rate of 0.47%. The median household earns $93,409 a year, so the median home costs 4.6 times the median income (5.6 times for Nevada). 96% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Storey County at a glance
| Storey County | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $426,400 | $435,400 | $332,700 |
| Median property tax paid per year | $1,450 | $2,027 | $3,119 |
| Property tax as a share of value | 0.34% | 0.47% | 0.94% |
| Median household income | $93,409 | $78,260 | $80,734 |
| Homes lived in by their owners | 96% | 60% | 65% |
| Owner homes with a mortgage | 59% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,908 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 22.3% | 21.0% |
| Median rent | $1,153 | $1,597 | $1,413 |
| Rent as a share of renters' income | 35.3% | 33.1% | 30.6% |
| Median year homes were built | 1989 | 1996 | 1980 |
| Vacant homes | 7.2% | 9.3% | 10.1% |
| Population | 4,140 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Storey County
At this week's average 30-year rate of 7.11%, buying the median Storey County home of $426,400 with 20% down costs about $2,593 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,304, 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 $111,138 for the 20%-down payment. That payment is 33% of the median Storey County household income of $93,409; at that income and 20% down, the 28% guideline points to a home of about $358,000.
The median rent here is $1,153 a month, so owning the median home costs about $1,440 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $85,280 |
|---|---|
| Loan amount | $341,120 |
| Principal and interest | $2,295 |
| Property taxes (0.34% a year) | $121 |
| Homeowners insurance (our estimate, 0.5% a year) | $178 |
| PMI | $0 |
| Total per month | $2,593 |
Change the numbers in the calculator
| Down payment | $14,924 |
|---|---|
| Loan amount | $418,677 |
| Principal and interest | $2,816 |
| Property taxes (0.34% a year) | $121 |
| Homeowners insurance (our estimate, 0.5% a year) | $178 |
| FHA mortgage insurance | $189 |
| Total per month | $3,304 |
Change the numbers in the calculator
Questions about home buying in Storey County
What is the median home value in Storey County?
About $426,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Storey County?
Homeowners pay a median $1,450 a year, which is about 0.34% 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 Storey County?
For the median home with 20% down at 7.11%, the payment is about $2,593 a month. Keeping that under 28% of gross income takes about $111,138 a year.
More about Storey County
- Mortgage Refinance in Storey County
- Debt Relief in Storey County
- Home Equity Loans in Storey County
- 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