Reno, NV is an excellent choice for those looking for a place to live. Its rental prices are notably lower than the US average, with two bedroom apartments costing an average of $1,680 compared to the national figure of $1,430. The city also has good infrastructure and amenities; its grocery cost index is 102 versus 100 in the US. Reno is home to many successful businesses, such as Sierra Nevada Corporation, Applebee's International, and Holland & Hart LLP. Moreover, several renowned colleges and universities are located here including the University of Nevada and the Truckee Meadows Community College. With its diverse economy and vibrant culture, Reno offers something for everyone.
Reno has an unemployment rate of 4.6%. The US average is 6.0%.
Reno 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 51.1%, which is higher than the US average of 33.5%.
Tax Rates for Reno
- The Sales Tax Rate for Reno is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Reno 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 Reno
- The average income of a Reno resident is $26,352 a year. The US average is $28,555 a year.
- The Median household income of a Reno resident is $67,557 a year. The US average is $69,021 a year.