Zip 89509 (Reno, NV) Economy


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Reno, NV 89509 is an attractive city for those looking for a place to live. According to rental data, the 2 bedroom rent in Reno is $1,590 compared to the US average of $1,430. Additionally, grocery cost index indicates that prices are slightly higher in Reno at 105 versus 100 in the US.
Reno is home to many well-known companies such as Apple Inc., Microsoft Corporation, Amazon.com, Oracle Corporation and Intel Corporation. Other local services include Silver State Schools Credit Union, Atlantis Casino Resort Spa and Harrah’s Reno Hotel & Casino.
Some interesting facts about Reno include it being named “The Biggest Little City in the World” due to its vibrant culture and many entertainment options; it is also home to the University of Nevada; and according to WalletHub's 2020 Ranking of Best Places for Jobs it was ranked number 6 out of 182 cities across America.

Reno (zip 89509) has an unemployment rate of 4.6%. The US average is 6.0%.

Reno (zip 89509) 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 89509)
- The Sales Tax Rate for Reno (zip 89509) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Reno (zip 89509) 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 89509)
- The average income of a Reno (zip 89509) resident is $36,574 a year. The US average is $28,555 a year.
- The Median household income of a Reno (zip 89509) resident is $68,248 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%
  $48,149$37,638
  $68,248$69,021
  $104,105$85,028
  Population by Occupation
  0.5%1.2%
  0.2%0.5%
  6.7%6.8%
  7.7%10.0%
  2.0%2.5%
  8.4%11.0%
  4.5%4.8%
  1.0%0.8%
  1.5%1.9%
  2.8%4.7%
  2.8%1.9%
  11.5%7.6%
  0.1%0.1%
  4.0%4.2%
  10.6%9.3%
  12.2%14.0%
  5.1%2.1%
  7.8%7.0%
  5.5%4.8%
  5.0%4.7%
Health