Lemmon Valley, NV Economy


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Lemmon Valley, NV is a vibrant community in the Reno area. It is known for its affordable housing, with two bedroom rent costing approximately $1,660. This is slightly higher than the US average of $1,430 per month. Lemmon Valley also has a grocery cost index of 100 versus the national average of 100, so groceries remain affordable. The area has plenty of amenities for locals to enjoy such as local parks, recreational centers and shopping centers. Companies like Dollar General, AutoZone and Nevada State Bank are all located in Lemmon Valley to provide convenience to residents. There is something for everyone making it an ideal place to live!

Lemmon Valley has an unemployment rate of 4.6%. The US average is 6.0%.

Lemmon Valley 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 50.8%, which is higher than the US average of 33.5%.

Tax Rates for Lemmon Valley
- The Sales Tax Rate for Lemmon Valley is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lemmon Valley 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 Lemmon Valley
- The average income of a Lemmon Valley resident is $21,981 a year. The US average is $28,555 a year.
- The Median household income of a Lemmon Valley resident is $78,703 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLemmon Valley, NevadaUnited States
  4.66
  -6.6%-6.2%
  50.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $33,610$37,638
  $78,703$69,021
  $78,586$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  17.9%6.8%
  3.6%10.0%
  4.8%2.5%
  8.3%11.0%
  9.1%4.8%
  1.1%0.8%
  1.7%1.9%
  2.1%4.7%
  0.5%1.9%
  3.8%7.6%
  0.0%0.1%
  3.3%4.2%
  8.6%9.3%
  5.8%14.0%
  5.2%2.1%
  3.5%7.0%
  7.2%4.8%
  10.7%4.7%
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