Data & Research

Nevada Life Insurance Statistics & Data

The most comprehensive collection of Nevada life insurance data available online. Covering premium costs, city demographics, career employment, health condition insurability, and regulatory information across the Silver State.

Last updated: March 2025 · Sources: U.S. Census Bureau, Bureau of Labor Statistics, Nevada Division of Insurance, carrier rate filings

This data is freely available under Creative Commons BY 4.0. Please cite Silver State Life Insurance when referencing.

Nevada at a Glance

Key figures for life insurance in the Silver State

$607 Avg. Annual Premium
3.2M State Population
$63,276 Median Household Income
$425,000 Median Home Value
No State Income Tax
10 Days Free Look Period
2 Years Contestability Period
$300,000 Guaranty Association
Nevada Division of Insurance Regulatory Body
NRS 686A Governing Chapter
Premium Data

Estimated Monthly Premium per $100,000 of Term Coverage

Illustrative rates based on health class, age, and gender. Actual premiums vary by carrier and individual underwriting.

Male Rates

Age ExcellentGoodAverageBelow Average
25 $5$6$9$15
30 $6$8$11$19
35 $8$10$15$25
40 $11$14$21$35
45 $15$19$28$48
50 $21$26$39$65
55 $28$35$53$88
60 $38$48$72$120
65 $52$65$98$163

Female Rates

Age ExcellentGoodAverageBelow Average
25 $4$5$8$13
30 $5$7$10$17
35 $7$9$13$22
40 $10$13$18$31
45 $13$17$25$42
50 $18$23$34$57
55 $25$32$46$77
60 $34$43$62$106
65 $46$59$85$143

Rates are illustrative estimates for 20-year level term policies. Actual premiums depend on carrier, underwriting, health history, and coverage amount. Preferred Plus assumes no health issues and ideal weight. Contact a licensed Nevada agent for personalized quotes.

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#premium-costs">Nevada Life Insurance Premium Costs by Age</a> - Silver State Life Insurance, March 2025
City Data

Life Insurance Data by Nevada City

34 Nevada cities across 16 counties and 5 regions, sorted by population.

City County Region Population Median Income Median Home Value
Las Vegas Clark County Southern Nevada 656,274 $62,000 $425,000
Henderson Clark County Southern Nevada 331,000 $78,000 $485,000
North Las Vegas Clark County Southern Nevada 276,000 $56,000 $380,000
Reno Washoe County Northern Nevada 274,000 $65,000 $550,000
Summerlin Clark County Southern Nevada 125,000 $105,000 $575,000
Sparks Washoe County Northern Nevada 112,000 $62,000 $480,000
Carson City Carson City (Independent City) Central Nevada 59,000 $58,000 $425,000
Pahrump Nye County Rural Southern Nevada 45,000 $48,000 $285,000
Fernley Lyon County Northern Nevada 24,000 $68,000 $395,000
Mesquite Clark County Southern Nevada 22,000 $52,000 $365,000
Elko Elko County Rural Northern Nevada 22,000 $72,000 $320,000
Minden-Gardnerville Douglas County Central Nevada 18,000 $72,000 $525,000
Boulder City Clark County Southern Nevada 16,500 $62,000 $425,000
Dayton Lyon County Central Nevada 16,000 $70,000 $420,000
Incline Village Washoe County Northern Nevada 10,000 $115,000 $1,200,000
Fallon Churchill County Central Nevada 9,500 $58,000 $285,000
Laughlin Clark County Southern Nevada 8,500 $38,000 $195,000
Winnemucca Humboldt County Rural Northern Nevada 8,500 $62,000 $275,000
Silver Springs Lyon County Rural Southern Nevada 6,500 $52,000 $275,000
West Wendover Elko County Rural Northern Nevada 5,000 $42,000 $195,000
Ely White Pine County Rural Southern Nevada 4,000 $50,000 $165,000
Battle Mountain Lander County Rural Northern Nevada 3,600 $70,000 $245,000
Yerington Lyon County Central Nevada 3,500 $48,000 $235,000
Hawthorne Mineral County Rural Southern Nevada 3,200 $45,000 $125,000
Tonopah Nye County Rural Southern Nevada 2,500 $52,000 $145,000
Carlin Elko County Rural Northern Nevada 2,400 $68,000 $235,000
Lovelock Pershing County Rural Northern Nevada 2,000 $52,000 $175,000
Wells Elko County Rural Northern Nevada 1,300 $48,000 $135,000
Indian Springs Clark County Southern Nevada 1,200 $55,000 $175,000
Caliente Lincoln County Rural Southern Nevada 1,100 $38,000 $95,000
Beatty Nye County Rural Southern Nevada 1,000 $42,000 $115,000
Pioche Lincoln County Rural Southern Nevada 900 $35,000 $85,000
Virginia City Storey County Rural Southern Nevada 850 $58,000 $325,000
Goldfield Esmeralda County Rural Southern Nevada 270 $32,000 $75,000
Total / Average 2,072,594 $58,529 $317,941

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#city-data">Nevada City Life Insurance Demographics</a> - Silver State Life Insurance, March 2025
Regional Data

Income & Home Values by Nevada Region

Average demographic data grouped by Nevada's 5 geographic regions.

Southern Nevada

Las Vegas metropolitan area including Henderson, North Las Vegas, and Clark County communities.

8 Cities
1,436,474 Population
$63,500 Avg. Income
$378,125 Avg. Home Value

Northern Nevada

Reno-Sparks metropolitan area and surrounding Washoe County communities.

4 Cities
420,000 Population
$77,500 Avg. Income
$656,250 Avg. Home Value

Central Nevada

Carson City, Lake Tahoe area, Carson Valley, and surrounding communities.

5 Cities
106,000 Population
$61,200 Avg. Income
$378,000 Avg. Home Value

Rural Southern Nevada

Pahrump, Tonopah, and communities outside the Las Vegas metro area.

10 Cities
65,320 Population
$45,200 Avg. Income
$169,000 Avg. Home Value

Rural Northern Nevada

Gold mining country including Elko, Winnemucca, Battle Mountain, and northeastern Nevada.

7 Cities
44,800 Population
$59,143 Avg. Income
$225,714 Avg. Home Value

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#regional-income">Nevada Regional Income Data</a> - Silver State Life Insurance, March 2025
Employment Data

Career & Employment Life Insurance Data

Employment and income data for 55 Nevada careers across 12 industry categories.

55 Careers Covered
1,653,500 Total NV Employment
12 Industry Categories
12 High-Risk Careers

Top 15 Careers by Nevada Employment

Career Category Risk Level Avg. Income NV Employment
Hotel & Hospitality Worker Gaming & Hospitality Low $30,000 - $55,000 300,000
Veteran Military & Veterans Low $40,000 - $100,000 200,000
Restaurant Server & Bartender Gaming & Hospitality Low $35,000 - $75,000 (including tips) 130,000
Retail Worker Retail & Service Low $28,000 - $45,000 120,000
Construction Worker Construction & Trades High $40,000 - $75,000 100,000
Freelancer & Gig Worker Small Business & Self-Employed Low $25,000 - $100,000+ (highly variable) 100,000
Small Business Owner Small Business & Self-Employed Low $50,000 - $500,000+ (highly variable) 75,000
Warehouse & Distribution Worker Transportation & Logistics Moderate $32,000 - $55,000 50,000
Registered Nurse Healthcare Moderate $75,000 - $110,000 30,000
Rideshare Driver Transportation & Logistics Moderate $25,000 - $60,000 30,000
Entertainment Worker Gaming & Hospitality Moderate $35,000 - $150,000+ 25,000
Software Engineer Technology Low $90,000 - $180,000 25,000
Truck Driver Transportation & Logistics High $45,000 - $80,000 25,000
Teacher Education Low $45,000 - $75,000 25,000
Customer Service Representative Retail & Service Low $30,000 - $50,000 25,000

Showing top 15 of 55 careers by Nevada employment count. Income figures represent median ranges. Risk levels reflect occupational hazard classifications that may affect life insurance underwriting.

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#career-data">Nevada Career Life Insurance Data</a> - Silver State Life Insurance, March 2025
Business Data

Business Life Insurance in Nevada

Insurance needs data for 165 Nevada business types across 18 industry categories.

165 Business Types
18 Industry Categories
163 Need Key Person Insurance
165 Need Buy-Sell Agreements

Business Types by Industry

Gaming & Entertainment 5 types

Casinos, nightclubs, entertainment venues, and gaming operations

Food & Beverage 7 types

Restaurants, bars, breweries, catering, and food service businesses

Professional Services 8 types

Law firms, accounting, financial advisory, and consulting

Retail 10 types

Stores, shops, and retail establishments

Healthcare & Wellness 10 types

Medical practices, dental offices, clinics, and wellness centers

Construction & Trades 10 types

Contractors, builders, and skilled trade businesses

Automotive 10 types

Dealerships, repair shops, and automotive services

Beauty & Personal Care 10 types

Salons, spas, barbershops, and personal care services

Technology 10 types

Software companies, IT services, and tech startups

Hospitality & Tourism 10 types

Hotels, tour companies, event planning, and travel services

Home Services 10 types

Cleaning, pest control, lawn care, and home maintenance

Transportation & Logistics 10 types

Trucking, delivery, logistics, and transportation services

Cannabis 5 types

Dispensaries, cultivation, manufacturing, and cannabis services

Manufacturing 10 types

Production facilities, fabrication shops, and manufacturing operations

Real Estate 10 types

Property management, development, and real estate services

Agriculture & Ranching 10 types

Farms, ranches, and agricultural operations

Franchise 10 types

Franchise operations across various industries

Energy & Mining 10 types

Mining operations, renewable energy, and resource extraction

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#business-data">Nevada Business Insurance Data</a> - Silver State Life Insurance, March 2025
Health Data

Health Conditions & Life Insurance Insurability

Rate impact data for 12 health conditions across 6 medical categories.

12 Conditions Covered
5 Minimal Impact
4 Moderate Impact
3 Significant / Case-by-Case
Condition Category Rate Impact Typical Rate Classes
Diabetes Diabetes Moderate Impact Standard, Standard Plus, Table 2-4 (if complications)
High Blood Pressure Cardiovascular Minimal Impact Preferred, Standard Plus, Standard
High Cholesterol Cardiovascular Minimal Impact Preferred, Standard Plus, Standard
Heart Disease Cardiovascular Significant Impact Standard, Table 2-6, Table 8+
Depression & Anxiety Mental health Moderate Impact Standard Plus, Standard, Table 2-4
Asthma & COPD Respiratory Minimal Impact Preferred, Standard Plus, Standard
Thyroid Conditions Metabolic Minimal Impact Preferred, Standard Plus, Standard
Weight Loss Metabolic Moderate Impact Standard Plus, Standard, Table 1-4
Sleep Disorders Chronic Minimal Impact Standard Plus, Standard, Table 1-2
Chronic Pain Chronic Case-by-Case Standard, Table 2-4, Table 4-8
Cancer Survivors Chronic Case-by-Case Standard, Table 2-4, Table 4-8+
Autoimmune Conditions Chronic Moderate Impact Standard, Table 2-4, Table 4-8

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#health-conditions">Nevada Health Condition Insurability Data</a> - Silver State Life Insurance, March 2025
Strategy Data

Retirement & Life Insurance Strategies

17 retirement strategies across 4 categories, with 99 unique FAQs answered.

17 Strategies
4 Categories
99 FAQs Answered

Retirement Account Conversions

Convert taxable retirement accounts into tax-advantaged life insurance vehicles for greater control and legacy value.

Retirement Income Strategies

Generate tax-free retirement income using permanent life insurance and strategic distribution planning.

Cite this data

<a href="https://www.silverstatelifeinsurance.com/nevada-life-insurance-statistics/#retirement-strategies">Nevada Retirement Strategy Data</a> - Silver State Life Insurance, March 2025
Products

Life Insurance Types Available in Nevada

5 major policy types available to Nevada residents through A-rated carriers.

Term Life Insurance

Affordable protection for life's most important years

Coverage Period 10, 15, 20, or 30 years
Premium Type Level (fixed for term)
Cash Value No
Permanent No
Typical Cost $20-$50/month for $500K coverage (healthy 35-year-old)
Learn more about Term Life →

Whole Life Insurance

Lifetime protection with guaranteed cash value accumulation

Coverage Period Lifetime (to age 100/121)
Premium Type Level (fixed for life)
Cash Value Yes
Permanent Yes
Typical Cost $150-$400/month for $500K coverage (healthy 35-year-old)
Learn more about Whole Life →

Universal Life Insurance

Flexible permanent coverage that adapts to your life

Coverage Period Lifetime (with adequate funding)
Premium Type Flexible (within limits)
Cash Value Yes
Permanent Yes
Typical Cost $100-$350/month for $500K coverage (healthy 35-year-old)
Learn more about Universal Life →

Indexed Universal Life Insurance

Market-linked growth potential with downside protection

Coverage Period Lifetime (with adequate funding)
Premium Type Flexible (within limits)
Cash Value Yes
Permanent Yes
Typical Cost $200-$500/month for $500K coverage (healthy 35-year-old)
Learn more about IUL →

Final Expense Insurance

Affordable coverage for life's final chapter

Coverage Period Lifetime
Premium Type Level (fixed for life)
Cash Value Yes
Permanent Yes
Typical Cost $30-$100/month for $10K-$25K coverage (ages 50-75)
Learn more about Final Expense →

Additional Data Coverage

Further resources available on Silver State Life Insurance

38 Customer Segments
6 Segment Categories
66 Educational Articles
422 Total Pages on Site
Common Questions

Nevada Life Insurance Data FAQs

Answers to the most frequently asked questions about life insurance statistics in Nevada.

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