Spanish Springs, NV is a suburban town located just outside of Reno. It is known for its close proximity to the Truckee River and Pyramid Lake as well as its bustling downtown area full of local businesses such as Raley's Supermarket, Round Table Pizza, The Purple Avocado Cafe, and the Von Tobel Lumber Company. With a population of over 33,000 people according to the most recent census count Spanish Springs is one of the larger towns in Nevada. When it comes to cost of living however Spanish Springs is slightly more expensive than some other areas in Nevada. According to recent reports the median rent for a 2 bedroom apartment in Spanish Springs is $2,300 compared to $1,430 across the United States. Similarly there is a grocery cost index of 104 in Spanish Springs versus 100 across the US.
Spanish Springs has an unemployment rate of 4.6%. The US average is 6.0%.
Spanish Springs 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 Spanish Springs
- The Sales Tax Rate for Spanish Springs is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spanish Springs 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 Spanish Springs
- The average income of a Spanish Springs resident is $30,839 a year. The US average is $28,555 a year.
- The Median household income of a Spanish Springs resident is $106,500 a year. The US average is $69,021 a year.