Enterprise, NV

Very High · 133

Nevada · Population 232,043 · Updated March 2026

$1,823
Median Rent / Month
$93,980
Median Income
$449,300
Median Home Value
$1,823
Owner Costs / Month

Affordability

How far your income goes in Enterprise

23.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Nevada

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.85%
Sales Tax
0.53%
Property Tax Rate

Estimated Annual Costs

$21,876
Annual Rent
$0
State Income Tax
$2,381
Property Tax (est.)

Cost of Living Overview

Enterprise has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 133 (where 100 equals the national median), Enterprise residents can expect to pay median rent of $1,823/month while earning a median household income of $93,980/year.

The median home value in Enterprise, NV is $449,300, with typical monthly owner costs around $1,823 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Nevada has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.85% sales tax rate and 0.53% effective property tax rate, the overall tax environment helps keep costs manageable in Enterprise.

Frequently Asked Questions

Common questions about living costs in Enterprise

What is the cost of living in Enterprise, NV?
The cost of living index in Enterprise, NV is 133 (US average = 100). Median monthly rent is $1,823, median household income is $93,980/year, and the median home value is $449,300.
Is Enterprise, NV affordable?
No, Enterprise is more expensive than the national average with a cost index of 133. The rent-to-income ratio is 23.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Enterprise, NV?
The median gross rent in Enterprise, NV is $1,823 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,876.
What is the median household income in Enterprise?
The median household income in Enterprise, NV is $93,980 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Nevada?
Nevada has a top income tax rate of 0%, a sales tax of 6.85%, and an effective property tax rate of 0.53%. Notably, there is no state income tax.

Compare Enterprise With

Similar-sized cities to compare