Zip 89408 (Fernley, NV) Economy


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Fernley, Nevada is a small town located in the north-eastern corner of the state just outside Reno. It has a population of approximately 20,000 people and offers convenient access to the ski resorts and tourist attractions of Lake Tahoe. The average rent for a 2 bedroom apartment in Fernley is $1,230 which is slightly lower than the national average rent of $1,430. Grocery costs are also relatively low, with an index score of 100 versus 100 for the US. Famous employers in Fernley include Amazon Fulfillment Centers and Walmart Distribution Centers, as well as nearby businesses such as Walmart Supercenter and Target stores. Despite its lower cost of living compared to larger cities like Reno or Las Vegas, Fernley also offers excellent housing options, great outdoor recreation opportunities, and strong community support.

Fernley (zip 89408) has an unemployment rate of 5.4%. The US average is 6.0%.

Fernley (zip 89408) has seen the job market increase by 1.0% 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 (zip 89408)
- The Sales Tax Rate for Fernley (zip 89408) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fernley (zip 89408) 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 (zip 89408)
- The average income of a Fernley (zip 89408) resident is $23,395 a year. The US average is $28,555 a year.
- The Median household income of a Fernley (zip 89408) resident is $77,659 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFernley, NevadaUnited States
  5.46
  -5.9%-6.2%
  33.1%33.5%
  7.1%6.2%
  0.0%4.6%
  $32,706$37,638
  $77,659$69,021
  $84,347$85,028
  Population by Occupation
  0.0%1.2%
  1.5%0.5%
  7.1%6.8%
  17.4%10.0%
  5.9%2.5%
  11.8%11.0%
  8.7%4.8%
  0.6%0.8%
  0.3%1.9%
  1.5%4.7%
  2.3%1.9%
  5.1%7.6%
  0.0%0.1%
  2.1%4.2%
  4.7%9.3%
  9.3%14.0%
  4.5%2.1%
  6.5%7.0%
  4.9%4.8%
  6.0%4.7%
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