The typical owner-occupied home in Nixon is worth about $66,400, 85% below the Nevada median of $435,400 and 80% below the national median of $332,700. The median household earns $72,839 a year, so the median home costs 0.9 times the median income (5.6 times for Nevada). 79% of occupied homes here are lived in by their owners, and 4% of those owners still have a mortgage.
Nixon at a glance
| Nixon | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $66,400 | $435,400 | $332,700 |
| Median property tax paid per year | – | $2,027 | $3,119 |
| Median household income | $72,839 | $78,260 | $80,734 |
| Homes lived in by their owners | 79% | 60% | 65% |
| Owner homes with a mortgage | 4% | 66% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,932 | $1,963 |
| Median rent | $586 | $1,597 | $1,413 |
| Rent as a share of renters' income | 17.5% | 33.1% | 30.6% |
| Median year homes were built | 1983 | 1996 | 1980 |
| Vacant homes | 18.1% | 9.3% | 10.1% |
| Population | 305 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Nixon
At this week's average 30-year rate of 7.11%, buying the median Nixon home of $66,400 with 20% down costs about $446 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $556, 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 $19,109 for the 20%-down payment. That payment is 7% of the median Nixon household income of $72,839; at that income and 20% down, the 28% guideline points to a home of about $253,000.
The median rent here is $586 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,280 |
|---|---|
| Loan amount | $53,120 |
| Principal and interest | $357 |
| Property taxes (1.10% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $446 |
Change the numbers in the calculator
| Down payment | $2,324 |
|---|---|
| Loan amount | $65,197 |
| Principal and interest | $439 |
| Property taxes (1.10% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $29 |
| Total per month | $556 |
Change the numbers in the calculator
Questions about home buying in Nixon
What is the median home value in Nixon?
About $66,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Nixon?
For the median home with 20% down at 7.11%, the payment is about $446 a month. Keeping that under 28% of gross income takes about $19,109 a year.
More about Nixon
- Mortgage Refinance in Nixon
- Debt Relief in Nixon
- Home Equity Loans in Nixon
- 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