Nevada is a city located in Collin County, Texas, United States. It is situated approximately 30 miles northeast of downtown Dallas. As of 2020, the estimated population of Nevada is around 1,500, making it a small and closely knit community.

Demographically, Nevada is predominantly white, with a Hispanic population of around 27%. The median age of residents is 38 years old, and the median household income is around $72,000.

The average home price in Nevada is around $220,000, which is slightly lower than the average home price in the Dallas-Fort Worth metroplex. Property tax rates in Nevada are relatively low, with an effective tax rate of around 2%.

Despite its small size, there are several things to do in Nevada. The city is home to several parks and recreational areas, including the Community Park, which features a playground, basketball court, and picnic areas. Additionally, the city is located near Lake Lavon, which provides opportunities for water activities such as boating and fishing.

Nevada is part of the Community Independent School District, which serves students in Nevada, as well as portions of nearby Lavon and Wylie. The district is rated “A” by the Texas Education Agency.

For those interested in doing business in Nevada, the Nevada Community Development Corporation can be reached at (972) 843-2700. The Corporation offers a range of services and resources for local businesses, including assistance with financing and business development.

Finally, for any city-related inquiries, the Nevada City Hall can be reached at (972) 843-2204. The City Hall is located at 120 W. 1st St. and is open Monday through Friday from 8am to 5pm.