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Double Spring

Learn about the people, housing, costs and businesses in Double Spring, Nevada

Median Home$429,300
Median Rent$1,280/month
Population176
Leading IndustriesArts, Food & Hospitality · Healthcare · Manufacturing14% arts, food & hospitality
Home Value Growth-1.5% over 2 years
Young Adults28% of residentsnear the national average
Homeowners75% of occupied units
NotableHighly Educated32% bachelor's · 14% graduate · top 6% nationally
Double Spring
NV

Frequently Asked Questions

What are today's mortgage rates in Double Spring?

As of today, the 30-year fixed mortgage rate for Double Spring is approximately 6.834% (6.868% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Double Spring?

The median home value in Double Spring is $429k. The median monthly rent is $1,280. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Double Spring?

Home values in Double Spring have decreased 1.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Double Spring?

Based on a typical all-in ownership cost of $1,125/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Double Spring is $83k/year.

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What industries drive the economy in Double Spring?

The largest employment sectors in Double Spring are public administration (22%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.