Everything You Should Know Before Moving to Midas, NV
Considering a move to the historic mining hamlet of Midas, NV? With a tiny population of just 65, Midas offers rural tranquility, affordable home prices around $108,000, and rents near $850. Crime is virtually nonexistent, and residents enjoy a sunny high desert climate with 77% sunny days a year. While there are no schools in town, educational opportunities are available in nearby Elko, and the closest hospital is about 40 miles away. Midas is ideal for those seeking peace, low costs, and classic Nevada charm.
Demographics - Midas, NV
Midas, Nevada is a quiet rural community with a population of just 65 residents, a median age of 57, and a predominantly White demographic. The low population density and slightly higher male-to-female ratio contribute to its small-town atmosphere, making it ideal for those seeking a peaceful, close-knit environment.
Population:
65
Density:
4 per sq mi
Median Age:
57
Gender Ratio:
110 males per 100 females
Non-English Speakers Percentage:
4.0%
Ethnic Composition
White:
90.0%
Black:
0.0%
Asian:
0.0%
Others:
10.0%
Cost Of Living
What is the average cost of living in Midas, NV?
Living in Midas is highly affordable, with median home values around $108,000 and average rents at $850. The overall cost of living index is below the national average, and residents benefit from Nevada's 0% state income tax, making it an attractive option for those seeking value.
Median House Value:
$108,000
Gross Rent:
$850
Monthly Electricity Charges:
$120
Auto Insurance:
$1,340
House Owner Cost With Mortgage:
$980
House Owner Cost Without Mortgage:
$340
State Taxes:
Low:
0.0%
|
High:
0.0%
Cost Of Living Index:
89.2
Grocery:
92.5
Housing:
65.0
Utilities:
96.0
Transportation:
91.0
Health Care:
90.0
Miscellaneous:
98.0
Crime
Is Midas, NV a safe place to live?
Midas boasts a remarkably low crime rate, with both violent and property crimes virtually nonexistent. This makes the town exceptionally safe, offering peace of mind for residents and newcomers alike.
Violent Crimes Per 100k:
0
Property Crimes Per 100k:
0
Crime Index:
Very Low
Chance Of Violent Crime:
Extremely rare
Chance Of Property Crime:
Extremely rare
Weather
What is the weather like in Midas, NV year-round?
Midas enjoys a sunny, high desert climate with 77% of days filled with sunshine. Winters can be chilly with lows around 12°F, while summers are warm and pleasant, reaching highs of 85°F and experiencing modest rainfall throughout the year.
Winter
Min:
12°F
Max:
37°F
Spring
Min:
30°F
Max:
62°F
Summer
Min:
44°F
Max:
85°F
Fall
Min:
28°F
Max:
67°F
Average Rainfall Inches:
11.5 inches
Sunny Days Percentage:
77%
Neighbors
The median household income in Midas is $55,000, with about 85% of residents holding at least a high school diploma. Commutes tend to be longer at 33 minutes, and public transportation is not available, reflecting the rural and independent lifestyle of the community.
Median Income:
$32,000
Household Income:
$55,000
Family Income:
$61,000
Per Capita Income:
$28,500
Income Male:
$40,000
Income Female:
$30,000
Poverty Rate:
12.8%
Non English Speakers:
4.0%
Rent:
$850
Unemployment Rate:
5.2%
Public Transport Usage:
0.0%
Commute Time:
33 minutes
Education
High School or Higher:
85.0%
Bachelors or More:
16.5%
Education
How are the schools in Midas, NV?
While there are no schools within Midas itself, students typically attend public schools in nearby Elko, such as Elko High School, which offers a variety of educational opportunities. Higher education is available at Great Basin College, also based in Elko and about 40 miles from Midas.
Public Schools
Name:
Elko High School
Street:
987 College Ave
Phone:
775-738-7281
Students:
1,200
Student Teacher Ratio:
17.5
Colleges
Name:
Great Basin College
City:
Elko
State:
NV
Distance:
40 miles
Students:
3,800
Healthcare
Healthcare services are accessible in nearby Elko, with Northeastern Nevada Regional Hospital located about 40 miles away. Most residents have health insurance, and while physician availability is somewhat limited, basic healthcare needs are met within a reasonable distance.
Major Hospitals
Name:
Northeastern Nevada Regional Hospital
Address:
2001 Errecart Blvd, Elko, NV 89801
Phone:
(775) 738-5151
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.1
Health Insurance Coverage:
87.5%
Health Care Index:
68.0
Housing Market
What is the housing market like in Midas, NV?
Midas features an affordable housing market, with a median home price of $108,000 and high owner-occupancy rates at 82%. Rental vacancies are moderate, and home values have appreciated modestly over the past year, making it a stable environment for homebuyers.
Median Home Price:
$108,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
82.0%
Rental Vacancy Rate:
10.5%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.0%
Foreclosure Rate:
0.4%
DMV Information
Residents of Midas are served by the Nevada Department of Motor Vehicles, with the nearest full-service office located in Las Vegas. DMV services, including licensing and vehicle registration, can also be accessed online through the state’s official website.
State:
Nevada
Department:
Nevada Department of Motor Vehicles
Address:
8250 W. Flamingo Rd, Las Vegas, NV 89147
Phone:
1-877-368-7828
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.