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Orovada

Learn about the people, housing, costs and businesses in Orovada, Nevada

Median Home$255,200
Median Rent$1,224/month
Population130
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services14% healthcare
Home Value Growth+10.5% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners86% of occupied units
Orovada
NV

Frequently Asked Questions

What are today's mortgage rates in Orovada?

As of today, the 30-year fixed mortgage rate for Orovada is approximately 6.894% (6.930% 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 Orovada?

The median home value in Orovada is $255k. The median monthly rent is $1,224. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Orovada?

Home values in Orovada have increased 10.5% over the past two years. This indicates a strong appreciation trend. 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 Orovada?

Based on a typical all-in ownership cost of $561/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orovada is $72k/year.

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What industries drive the economy in Orovada?

The largest employment sectors in Orovada are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.