Nevada City is a very small city located in the state of California. With a population of 3,112 people and two associated neighborhoods, Nevada City is the 606th largest community in California. Much of the housing stock in Nevada City was built prior to World War II, making it one of the older and more historic cities in the country.

Housing costs in Nevada City are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California.

Of important note, Nevada City is also a city of artists. Nevada City has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Nevada City’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 37.73% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Being a small city, Nevada City does not have a public transit system used by locals to get to and from work.

The education level of Nevada City citizens is very high relative to the national average among all cities (21.84%): 38.33% of adults in Nevada City have a bachelor's degree or even advanced degree.

The per capita income in Nevada City in 2022 was $47,936, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $191,744 for a family of four. However, Nevada City contains both very wealthy and poor people as well.

The people who call Nevada City home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Nevada City residents report their race to be White, followed by Black or African-American. Important ancestries of people in Nevada City include German, English, Russian, Irish, and Polish.

The most common language spoken in Nevada City is English. Other important languages spoken here include Italian and German/Yiddish.