Fernley, NV Metro Area is an ideal place for people looking to rent an apartment or house on a budget. The average two bedroom rent in the area is $1,100, which is significantly lower than the average price nationwide at $1,430. Additionally, groceries are more affordable in this region with a grocery cost index of 101 versus 100 in the US. There are also a variety of local companies located in the area such as Walmart, Reno Catholic Schools and Big O Tires. People living in Fernley can benefit from the low cost of living and find plenty of job opportunities with these local businesses.
Fernley Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.
Fernley Metro Area has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.
Tax Rates for Fernley Metro Area
- The Sales Tax Rate for Fernley Metro Area is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fernley Metro Area 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 Fernley Metro Area
- The average income of a Fernley Metro Area resident is $32,568 a year. The US average is $37,638 a year.
- The Median household income of a Fernley Metro Area resident is $63,952 a year. The US average is $69,021 a year.