Carlin CCD Nevada Area Home Supply Charts

This page looks at a variety of Carlin CCD Nevada housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Carlin CCD depicts it has a Housing Units of 1,000 which is the third most housing units of all other places in the greater Carlin CCD region.

Figure 2 illustrates the housing density in the Carlin CCD housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Carlin CCD depicts it has a Housing Density of 2.3 which is the smallest in order of housing density of all the other places in the metro area. The place with the highest housing density in the area is Elko which depicts a density of 472.1 ( very much bigger). Comparing housing density to the United States average of 39.5, Carlin CCD is only about 5.7% the size. Also, benchmarked against the state of Nevada, housing density of 11.6, Carlin CCD is approximately a fifth the size.

In Figure 3, Carlin CCD area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Carlin CCD indicates it has a Housing Unit Change of -5.4% which is the second smallest in order of change in the housing units of all the other places in the local area. The place with the highest change in the housing units in the area is Lamoille CDP which shows a housing units of 60.0% ( substantially bigger). Comparing change in the housing units to the United States average of 7.4%, Carlin CCD is about the same size. Also, measured against the state of Nevada, change in the housing units of 8.2%, Carlin CCD is about the same size.

Figure 4 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Carlin CCD shows it has a Renter Percent of 40.2% which is the third most renter percent of all other places in the greater Carlin CCD region. Figure 5 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 59.8% which is in the mid range of other places in the local area.

Carlin CCD Nevada Home Cost Charts

Figure 7 provides aggregate comparative data for the Carlin CCD Nevada metro area in terms of the median housing rental rate, apartment rent, etc. Carlin CCD depicts it has a Median Gross Rent of $1,025 which is the third most rental rates of all other places in the greater Carlin CCD region. The place with the highest rental rates in the area is Spring Creek CDP which depicts a rental rates of $1,484 (44.8% larger). Comparing rental rates to the United States average of $1,163, Carlin CCD is about 13.5% smaller. Also, in contrast to the state of Nevada, rental rates of $1,238, Carlin CCD is about 20.8% smaller.

Median owner costs for the real estate market are shown in Figure 8 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Carlin CCD indicates it has a Median Owner Cost of $831 which is the third most median ownership cost of all other places in the greater Carlin CCD region. Figure 9 shows the median amount of cost as a percent of total household income for people who own homes in the Carlin CCD metro area. it has a Owner Cost as % of HH Income of 12% which is in the middle range of other places in the metropolitan area. The next chart, Figure 10, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Carlin CCD depicts it has a Median Home Value as Percent of Median Earnings of 303% which is the third most median home value as a percent of median worker earnings of all other places in the greater Carlin CCD region.

Next shown in Figure 11 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Carlin CCD depicts it has a % of Income Owner Costs-With Mortgage of 15% which is in the mid point range of other places in the local area. The place with the highest cost as a percent of household income in the area is Osino CDP which shows a cost as a percent of household income of 20% (38.1% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 12. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Carlin CCD shows it has a % of Income Owner Costs-No Mortgage of 9% which is the second most cost as a percent of household income of all the places in the greater Carlin CCD region. The place with the highest cost as a percent of household income in the area is Osino CDP which shows a cost as a percent of household income of 14% (52.2% larger).

Figure 13 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Carlin CCD has one of the largest proportions of rent as a percent of income is less than 10 pct at 48% of the total and is ranked #2. The only larger place being Osino CDP with 100%. Second, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 20% of the total and is ranked #1.

Figure 14 shows the total housing cost for both home owners and apartment community renters in the area. Carlin CCD has the largest proportion of housing cost less than $300 at 23% of the total and is ranked #1.

Figure 15 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $921 which is the third most median real estate taxes paid of all other places in the greater Carlin CCD region. The place with the highest median real estate taxes paid in the area is Spring Creek CDP which depicts a taxes paid of $1,500 (62.9% larger). Comparing median real estate taxes paid to the United States average of $2,690, Carlin CCD is approximately a third the size. Also, in comparison with the state of Nevada, median real estate taxes paid of $1,736, Carlin CCD is approximately half the size.

Carlin CCD Nevada Home Financing Charts

Figure 17 shows the proportion of houses with a mortgage versus those without a mortgage. Carlin CCD has the percentage of houses with mortgages in the mid point range of other places in the metro area at 40% of the total.

Carlin CCD Nevada Home Characteristics Charts

Figure 19 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1983 which is in the mid range of other places in the metropolitan area. The place with the highest year built in the area is Spring Creek CDP which shows a year built of 1996 ( about the same size).

Figure 20 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 1990 to 1999 at 37% of the total and is ranked #2. The only larger place being Carlin with 38%. Figure 22 shows the year that people who rent moved into the area. Carlin CCD has the percentage of renters moved in 2019 or later in the mid range of other places in the greater region at 29% of the total. Second, it has the largest proportion of renters moved in 2010 to 2014 at 14% of the total and is ranked #1.