Minden CDP Nevada Area Home Supply Charts

This page looks at a variety of Minden CDP 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. Minden CDP depicts it has a Housing Units of 1,484 which is the third most housing units of all other places in the greater Minden CDP region.

Figure 2 illustrates the housing density in the Minden CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Minden CDP depicts it has a Housing Density of 351.1 which is the second most housing densities of all the places in the greater Minden CDP region. The place with the highest housing density in the area is Gardnerville CDP which shows a density of 592.3 (68.7% larger). Comparing housing density to the United States average of 39.5, Minden CDP is substantially bigger. Also, in comparison with the state of Nevada, housing density of 11.6, Minden CDP is markedly bigger.

In Figure 4, Minden CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Minden CDP shows it has a Housing Unit Change of 0.3% which is in the mid range of other places in the surrounding region. The place with the highest change in the housing units in the area is Ruhenstroth CDP which indicates a housing units of 32.0% ( substantially bigger). Comparing change in the housing units to the United States average of 7.4%, Minden CDP is only about 4.6% the size. Also, versus the state of Nevada, change in the housing units of 8.2%, Minden CDP is only about 4.1% the size.

Figure 5 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.) Minden CDP depicts it has a Renter Percent of 26.4% which is the third most renter percent of all other places in the greater Minden CDP region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 73.6% which is less than most other places in the greater region.

Minden CDP Nevada Home Cost Charts

Looking at the housing data provided in Figure 7, the average Minden CDP home price is illustrated for this community and a useful analysis of affordable housing. Minden CDP depicts it has a Median Home Value of $421,900 which is less than most other places in the local area. The place with the highest median home price in the area is Genoa CDP which depicts a home price of $908,500 (about twice as large). Figure 8 provides aggregate comparative data for the Minden CDP Nevada metro area in terms of the median housing rental rate, apartment rent, etc. Minden CDP shows it has a Median Gross Rent of $1,597 which is the second most of all the places in the local area. The place with the highest rental rates in the area is Fish Springs CDP which shows a rental rates of $1,750 (9.6% larger). Comparing rental rates to the United States average of $1,163, Minden CDP is 37.3% larger. Also, measured against the state of Nevada, rental rates of $1,238, Minden CDP is 29.0% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Minden CDP has one of the largest proportions of home price worth between $200,000 to $300,000 at 36% of the total and is ranked #3. Only #2 Gardnerville Ranchos CDP (42%), and #1 Gardnerville CDP (42%) are larger. Second, it has the largest proportion of home price worth between $300,000 to $400,000 at 26% of the total and is ranked #1. Third, it has the second smallest when sorted by home price worth less than $50,000 of all the other places in the local area when sorted by home price worth between $500,000 to $750,000 at 1% of the total. Also, it has in the mid range of other places in the metro area when ranked by home price worth between $1,000,000 to $1,500,000 at 2% of the total. In addition, it has in the center range of other places in the local area when sorted by home price worth between $1,500,000 to $2,000,000 at 2% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Minden CDP depicts it has a Median Owner Cost of $1,205 which is the smallest in terms of median ownership cost of all the other places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Minden CDP metro area. it has a Owner Cost as % of HH Income of 17% which is the second smallest when ranked by cost as a percent of household income of all the other places in the local area. The next chart, Figure 12, 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. Minden CDP depicts it has a Median Home Value as Percent of Median Earnings of 694% which is the smallest in order of median home value as a percent of median worker earnings of all the other places in the local area.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Minden CDP depicts it has a Median Owner Costs-With Mortgage of $2,121 which is the third most median housing cost of all other places in the greater Minden CDP region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $510 which is in the middle range of other places in the area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Minden CDP has one of the largest proportions of owner cost less than $300 at 18% of the total and is ranked #2. The only larger place being Gardnerville Ranchos CDP with 22%. Second, it has one of the largest proportions of owner cost between $300 and $500 at 18% of the total and is ranked #3. Only #2 East Valley CDP (24%), and #1 Fish Springs CDP (27%) are larger. Third, it has in the center range of other places in the greater region in order of owner cost between $3,500 and $4,000 at 1% of the total.

Next shown in Figure 17 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.) Minden CDP depicts it has a % of Income Owner Costs-With Mortgage of 23% which is less than most other places in the greater region. The place with the highest cost as a percent of household income in the area is Gardnerville CDP which depicts a cost as a percent of household income of 29% (26.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Minden CDP depicts it has a % of Income Owner Costs-No Mortgage of 9% which is the third most cost as a percent of household income of all other places in the greater Minden CDP region. The place with the highest cost as a percent of household income in the area is Genoa CDP which depicts a cost as a percent of household income of 15% (62.2% larger).

Figure 19 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.) Minden CDP has the percentage of rent as a percent of income is less than 10 pct less than most other places in the metro area at 10% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 41% of the total and is ranked #3. Only #2 Fish Springs CDP (54%), and #1 Genoa CDP (100%) are larger. Third, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 11% of the total and is ranked #1. Also, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 32% of the total and is ranked #2. The only larger place being Ruhenstroth CDP with 71%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Minden CDP has the largest proportion of housing cost between $1,500 and $2,000 at 18% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $2,777 which is the third most median real estate taxes paid of all other places in the greater Minden CDP region. The place with the highest median real estate taxes paid in the area is Genoa CDP which shows a taxes paid of $5,344 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,690, Minden CDP is only about 3.2% larger. Also, versus the state of Nevada, median real estate taxes paid of $1,736, Minden CDP is 60.0% larger.

Figure 23 shows the rental rate distribution for this area. Minden CDP Nevada has the percentage of rent between 300 and 500 dollars in the mid range of other places in the surrounding region at 3% of the total. Second, it has in the mid point range of other places in the local area in order of rent between 500 and 750 dollars at 3% of the total. Third, it has one of the largest proportions of rent between 1000 and 1500 dollars at 48% of the total and is ranked #2. The only larger place being Fish Springs CDP with 95%. Also, it has the largest proportion of rent between $1,500 and $2,500 at 7% of the total and is ranked #1.

Minden CDP Nevada Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Minden CDP has the percentage of With mortgage less than most other places in the local area at 45% of the total. Second, it has the largest proportion of No 2nd Mortgage or HELOC at 11% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 11% of the total and is ranked #1. Also, it has in the mid range of other places in the area as measured by With HELOC no Primary Mortgage at 44% of the total.

Minden CDP Nevada Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.9 which is the second most family members per housing unit of all the places in the greater Minden CDP region. The place with the highest family members per housing unit in the area is Gardnerville Ranchos CDP which shows a family members per housing unit of 2.9 ( only slightly larger). Comparing family members per housing unit to the United States average of 3.3, Minden CDP is about 13.8% smaller. Also, compared to the state of Nevada, family members per housing unit of 3.4, Minden CDP is about 17.1% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.7 which is the second smallest when sorted by average number of rooms in a house of all the other places in the metropolitan area. The place with the highest average number of rooms in a house in the area is East Valley CDP which shows an average number of rooms in a house of 6.6 (15.8% larger). Figure 30 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 1993 which is less than most other places in the local area. The place with the highest year built in the area is Gardnerville CDP which shows a year built of 2001 ( about the same size).

Figure 31 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 in 2020 or later at 8% of the total and is ranked #2. The only larger place being Gardnerville CDP with 16%. Second, it has the second smallest in terms of homes built in 2020 or later of all the other places in the surrounding region when sorted by homes built between 2010 to 2019 at 19% of the total. Third, it has one of the largest proportions of homes built between 2000 to 2009 at 34% of the total and is ranked #2. The only larger place being East Valley CDP with 41%. Also, it has the largest proportion of homes built between 1950 to 1959 at 1% of the total and is ranked #1. In addition, it has one of the largest proportions of homes built between 1940 to 1949 at 4% of the total and is ranked #2. The only larger place being Genoa CDP with 13%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 355 of the total and is ranked #3. Only #2 Gardnerville CDP (1,228), and #1 Gardnerville Ranchos CDP (1,331) are larger.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has one of the largest proportions of 2 units at 8% of the total and is ranked #3. Only #2 Genoa CDP (9%), and #1 Gardnerville CDP (13%) are larger.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2014 or later at $454,700 of the total and is ranked #3. Only #2 Ruhenstroth CDP ($500,000), and #1 Gardnerville Ranchos CDP ($678,600) are larger. Second, it has the second smallest when sorted by value of homes built 2014 or later of all the other places in the local area in terms of value of homes built 2010 to 2013 at $470,400 of the total. Third, it has less than most other places in the surrounding region in order of value of homes built 2000 to 2009 at $389,800 of the total. Also, it has less than most other places in the local area in terms of value of homes built 1990 to 1999 at $382,700 of the total. In addition, it has in the mid range of other places in the metropolitan area when ranked by value of homes built 1980 to 1989 at $473,900 of the total. Furthermore, it has the largest proportion of value of homes built 1970 to 1979 at $722,200 of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Minden CDP residents. it has a Owner-Household Size of 2.3 which is less than most other places in the metro area. The place with the highest homeowner household size in the area is Gardnerville Ranchos CDP which shows a homeowner household size of 2.5 (8.6% larger).

Figure 37 shows the household size for renters. Minden CDP depicts it has a Renter-Household Size of 2.7 which is ranked #1 of all places in the greater Minden CDP region. Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2019 or later at 33% of the total and is ranked #2. The only larger place being Gardnerville CDP with 48%. Second, it has less than most other places in the greater region in order of owners moved in 2010 to 2014 at 26% of the total. Figure 39 shows the year that people who rent moved into the area. Minden CDP has one of the largest proportions of renters moved in 2019 or later at 49% of the total and is ranked #2. The only larger place being Gardnerville Ranchos CDP with 53%. Second, it has less than most other places in the local area as measured by renters moved in 2015 to 2018 at 21% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2012 which is the second most of all the places in the metro area. Figure 41 compares the median year that renters moved into their home. Minden CDP shows it has a Renter Median Year Moved In of 2016 which is the largest of all places in the greater Minden CDP region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of home using electricity at 1% of the total and is ranked #1. Second, it has less than most other places in the metro area when ranked by homes using coal or coke at 3% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Minden CDP housing department, Nevada department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Minden CDP depicts it has a Total In Group Quarters of 63 which is the second most of all the places in the local area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Minden CDP residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Minden CDP has one of the largest proportions of number of people under 18 years of age and in group quarters at 92% of the total and is ranked #2. The only larger place being Gardnerville CDP with 97%.