Zip 89503 (Reno, NV) Economy


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Reno, Nevada 89503 is a bustling town in the northwestern United States. The two bedroom rent in Reno is $1,440 and the grocery cost index is 101 compared to 100 in the US. There are many companies that can benefit local residents from this growing city. For example, Apple Inc. has a store located here that provides technology such as Macbooks and iPhones for work and recreation purposes. Tesla Motors also offers electric car charging stations at their Reno facility which helps reduce carbon emissions throughout the community. Additionally, Smith’s Food & Drug Centers offer groceries for reasonable prices making it easier for families to provide food for their children. Finally, Amazon has created more than 1,500 full-time jobs since opening its fulfillment center in 2015 which helps give many people in Reno employment opportunities and a chance to move up financially.

Reno (zip 89503) has an unemployment rate of 4.6%. The US average is 6.0%.

Reno (zip 89503) 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 (zip 89503)
- The Sales Tax Rate for Reno (zip 89503) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Reno (zip 89503) 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 (zip 89503)
- The average income of a Reno (zip 89503) resident is $22,262 a year. The US average is $28,555 a year.
- The Median household income of a Reno (zip 89503) resident is $58,678 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReno, NevadaUnited States
  4.66
  -6.6%-6.2%
  51.1%33.5%
  8.3%6.2%
  0.0%4.6%
  $35,315$37,638
  $58,678$69,021
  $76,775$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  7.4%6.8%
  5.6%10.0%
  2.2%2.5%
  11.3%11.0%
  6.1%4.8%
  0.8%0.8%
  0.8%1.9%
  2.0%4.7%
  2.1%1.9%
  7.5%7.6%
  0.0%0.1%
  2.9%4.2%
  14.2%9.3%
  9.5%14.0%
  8.3%2.1%
  12.7%7.0%
  3.3%4.8%
  3.2%4.7%
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