Reno, NV89506 has an average two bedroom rent of $1,720. This is significantly higher than the national average of $1,430. Grocery Cost Index for this area is equal to that found in the US, at 100. The city is home to a range of local companies such as Tesla Motors' Gigafactory 1, International Game Technology and the University of Nevada Reno. Additionally, there are many small businesses like Sierra Tap House, Beard Coffee and The Melting Pot that continue to thrive in this economy.
Reno (zip 89506) has an unemployment rate of 4.6%. The US average is 6.0%.
Reno (zip 89506) 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 89506)
- The Sales Tax Rate for Reno (zip 89506) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Reno (zip 89506) 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 89506)
- The average income of a Reno (zip 89506) resident is $20,844 a year. The US average is $28,555 a year.
- The Median household income of a Reno (zip 89506) resident is $73,608 a year. The US average is $69,021 a year.