Winchester, NV

Below Avg · 85

Nevada · Population 37,774 · Updated March 2026

$1,152
Median Rent / Month
$49,190
Median Income
$287,100
Median Home Value
$1,151
Owner Costs / Month

Affordability

How far your income goes in Winchester

28.1%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$13,824
Annual Rent
$0
State Income Tax
$1,522
Property Tax (est.)

Cost of Living Overview

Winchester offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Winchester residents can expect to pay median rent of $1,152/month while earning a median household income of $49,190/year.

The median home value in Winchester, NV is $287,100, with typical monthly owner costs around $1,151 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.1%, Winchester falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Winchester.

Frequently Asked Questions

Common questions about living costs in Winchester

What is the cost of living in Winchester, NV?
The cost of living index in Winchester, NV is 85 (US average = 100). Median monthly rent is $1,152, median household income is $49,190/year, and the median home value is $287,100.
Is Winchester, NV affordable?
Yes, Winchester is more affordable than the national average with a cost index of 85. The rent-to-income ratio is 28.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Winchester, NV?
The median gross rent in Winchester, NV is $1,152 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,824.
What is the median household income in Winchester?
The median household income in Winchester, NV is $49,190 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.