Reno Valley, ND is a small city located in the United States of America. It is known for its affordable cost of living and friendly atmosphere. The average 2 bedroom rent in Reno Valley is $950, which is significantly less than the US average of $1430. Additionally, the Grocery Cost Index in Reno Valley is 97 versus 100 in the US, making food more affordable for residents.
Reno Valley has several local companies that contribute to its vibrant economy such as Watson's Construction Company, King's Office Supplies, Nevada Auto Parts and Repair Shop, and Brown's Bakery. All these businesses are locally owned and operated by members of the community who help to keep Reno Valley thriving.
In addition to affordable housing and great local businesses, Reno Valley also offers many recreational activities like fishing at nearby lakes and hiking trails along with other fun attractions such as miniature golf courses that add to its charm. Visitors can enjoy breathtaking views of nature while exploring this quaint town or spend time with friends and family enjoying some great shopping spots in downtown Reno Valley. With plenty of activities to do along with its great cost of living opportunities, it’s no wonder why Reno Valley continues to draw a large number of people annually!
Reno Valley has an unemployment rate of 4.5%. The US average is 6.0%.
Reno Valley has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Reno Valley
- The Sales Tax Rate for Reno Valley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Reno Valley is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Reno Valley
- The average income of a Reno Valley resident is $11,038 a year. The US average is $37,638 a year.
- The Median household income of a Reno Valley resident is $0 a year. The US average is $69,021 a year.