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Home equity loans in Nixon, Nevada

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

How much equity Nixon owners could borrow

Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Nixon home of $66,400, 80% is $53,120.

96% of Nixon owners have no mortgage at all, so they could borrow up to the full 80% limit.

If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.

Borrowing limit on a $66,400 home (80% to 85% of value)
Owe nothing$53,120 to $56,440
Owe $16,600$36,520 to $39,840
Owe $33,200$19,920 to $23,240
Owe $43,160$9,960 to $13,280

Before the lender's own limits, fees and your credit and income checks.

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Questions about home equity loans 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.

How much can I borrow against my home in Nixon?

Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $66,400, an 80% limit is $53,120 before subtracting your mortgage.

More about Nixon

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