Sparks, NV Economy


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Sparks, NV is a great place to live for those who want to enjoy an affordable cost of living. The average two-bedroom rent in Sparks, NV is $1,660 while the average 2 bedroom rent in the US is just $1,430. Similarly, the grocery cost index in Sparks is 101 compared to 100 in the US. This makes Sparks an attractive place for families looking to save money on their housing costs without sacrificing quality or amenities. Within Sparks there are multiple businesses such as Sierra Summit Corporation that offer employment opportunities and provide a vital source of economic activity within the city. All things considered, Sparks is an ideal city for those looking for affordable housing options and job opportunities without compromising on the quality of life.

Sparks has an unemployment rate of 4.7%. The US average is 6.0%.

Sparks has seen the job market increase by 4.6% over the last year. Future job growth over the next ten years is predicted to be 52.7%, which is higher than the US average of 33.5%.

Tax Rates for Sparks
- The Sales Tax Rate for Sparks is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sparks is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sparks
- The average income of a Sparks resident is $26,185 a year. The US average is $28,555 a year.
- The Median household income of a Sparks resident is $73,678 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySparks, NevadaUnited States
  4.76
  -6.6%-6.2%
  52.7%33.5%
  8.3%6.2%
  0.0%4.6%
  $34,838$37,638
  $73,678$69,021
  $84,486$85,028
  Population by Occupation
  0.5%1.2%
  0.4%0.5%
  9.0%6.8%
  10.3%10.0%
  3.4%2.5%
  11.8%11.0%
  6.8%4.8%
  0.7%0.8%
  1.6%1.9%
  3.2%4.7%
  2.4%1.9%
  4.1%7.6%
  0.1%0.1%
  4.8%4.2%
  7.3%9.3%
  10.9%14.0%
  4.5%2.1%
  8.3%7.0%
  4.8%4.8%
  5.1%4.7%
Reviews for Sparks
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Over 11 years ago

Nice place to live. Lots of events, recreation, and  More

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LOVE it! Fifth generation Reno/Sparks native. Paternal great grandparents born and raised in Reno. Sparks has an old fashioned home town feeling. I love Sparks! Great  More

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Over 16 years ago

Do not listen to the Californian. Sparks has all 4 seasons. It does snow here but the snow is very wet and melts quickly and it does not snow six months out of the year.  More

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