Reno Metro Area, NV Economy


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United States / Nevada / Reno Metro Area / Counties / Cities / Zip Codes
The Reno, NV Metro Area has become a popular destination for many people looking for an affordable place to live. With a 2 bedroom rent of only $1,590 compared to the US average of $1,430, living in this area is more financially viable than other places in the country. Additionally, local grocery cost indices are at 103 versus 100 in the US which makes it even more appealing for budget conscious individuals. This area boasts numerous notable employers such as Apple Inc., Tesla Motors, FedEx Express, and Zulily so there are plenty of job opportunities available for those looking to work in this region. Furthermore, with its close proximity to some beautiful national parks such as Yosemite National Park and Redwood National Forest, it offers a great balance between city life and outdoor adventure. All these factors make Reno, NV Metro Area an attractive option for those seeking value and quality of life.

Reno Metro Area has an unemployment rate of 4.6%. The US average is 6.0%.

Reno Metro Area 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 Reno Metro Area
- The Sales Tax Rate for Reno Metro Area is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Reno 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 Reno Metro Area
- The average income of a Reno Metro Area resident is $28,699 a year. The US average is $28,555 a year.
- The Median household income of a Reno Metro Area resident is $74,216 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReno, NevadaUnited States
  4.66
  -6.6%-6.2%
  50.8%33.5%
  8.3%6.2%
  0.0%4.6%
  $40,299$37,638
  $74,216$69,021
  $90,507$85,028
  Population by Occupation
  0.4%1.2%
  0.4%0.5%
  8.0%6.8%
  8.4%10.0%
  2.9%2.5%
  11.1%11.0%
  6.1%4.8%
  0.8%0.8%
  1.6%1.9%
  3.2%4.7%
  2.5%1.9%
  7.2%7.6%
  0.1%0.1%
  4.4%4.2%
  8.0%9.3%
  11.6%14.0%
  5.5%2.1%
  8.6%7.0%
  4.6%4.8%
  4.6%4.7%
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