Topaz Lake, NV Economy


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Topaz Lake, NV is a great place to live as it offers an affordable lifestyle. The average two-bedroom rent in Topaz Lake is $1,810 per month for those who want to live in a residential area. This is more expensive than the two-bedroom rent across the United States, which averages at $1,430 per month. Grocery costs in Topaz Lake are also higher than the US with a grocery cost index of 104 versus 100 in the US. There are many companies that offer employment opportunities within Topaz Lake including Amazon, Raytheon Technologies, and Walmart. Living in Topaz Lake offers residents a better quality of life at a slightly higher cost than other places in the US.

Topaz Lake has an unemployment rate of 4.5%. The US average is 6.0%.

Topaz Lake has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.

Tax Rates for Topaz Lake
- The Sales Tax Rate for Topaz Lake is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Topaz Lake 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 Topaz Lake
- The average income of a Topaz Lake resident is $40,753 a year. The US average is $28,555 a year.
- The Median household income of a Topaz Lake resident is $78,889 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTopaz Lake, NevadaUnited States
  4.56
  -9.1%-6.2%
  35.1%33.5%
  7.1%6.2%
  0.0%4.6%
  $40,156$37,638
  $78,889$69,021
  $83,333$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.3%6.8%
  2.3%10.0%
  0.0%2.5%
  12.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  2.3%4.7%
  0.0%1.9%
  20.9%7.6%
  0.0%0.1%
  7.0%4.2%
  16.3%9.3%
  5.8%14.0%
  3.5%2.1%
  2.3%7.0%
  9.3%4.8%
  15.1%4.7%
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