Nevada is a city in Collin County, Texas, United States. The population was 822 at the 2010 census. First settled in 1835 by John McMinn Stambaugh and named "McMinn Chapel", the area was settled by Granville Stinebaugh, who named it after the Nevada Territory. Nevada enjoyed some prosperity after becoming a stop on the St. Louis Southwestern Railway, and the town incorporated in 1889. On 9 May 1927, a half-mile-wide F4tornado ripped through Nevada, leaving 19 dead, 100 injured, and property damage exceeding $650,000. The town had a difficult recovery; citizens voted to unincorporate, and placed the restoration of the community in the hands of the Collin County authorities. However, the growing mechanisation involved in agriculture, along with the Great Depression, caused the town to fall into stagnation. The railroad later removed its tracks from the area. Recent growth in Collin County during the last 25 years has moderately improved life in Nevada. The population has again reached the heights of 1927, and the town reincorporated in 1988.
As of the census of 2000, there were 563 people, 187 households, and 146 families residing in the city. The population density was 486.0 people per square mile. There were 203 housing units at an average density of 175.2/sq mi. The racial makeup of the city was 90.23% White, 5.51% African American, 1.42% Native American, 0.53% Asian, 0.18% Pacific Islander, 1.78% from other races, and 0.36% from two or more races. Hispanic or Latino of any race were 6.57% of the population. There were 187 households out of which 44.9% had children under the age of 18 living with them, 65.2% were married couplesliving together, 9.6% had a female householder with no husband present, and 21.4% were non-families. 17.1% of all households were made up of individuals and 5.9% had someone living alone who was 65 years of age or older. The average household size was 3.01 and the average family size was 3.36. In the city, the population was spread out with 32.5% under the age of 18, 7.6% from 18 to 24, 33.0% from 25 to 44, 17.6% from 45 to 64, and 9.2% who were 65 years of age or older. The median age was 33 years. For every 100 females, there were 98.9 males. For every 100 females age 18 and over, there were 94.9 males. The median income for a household in the city was $46,500, and the median income for a family was $49,688. Males had a median income of $29,375 versus $20,000 for females. The per capita income for the city was $15,221. About 2.2% of families and 4.8% of the population were below the poverty line, including 1.3% of those under age 18 and 5.6% of those age 65 or over.