Zip 89510 (Reno, NV) Economy


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Reno, NV 89510 is a great place to live with plenty of amenities. The average rent for a 2 bedroom in this area is $1,550, which is significantly higher than the national average of $1,430. Grocery costs are slightly higher here as well with an index score of 105 versus 100 in the US.
Reno is home to a number of large companies such as Tesla, Apple, Microsoft, Switch and more that offer excellent jobs and career opportunities. There are also plenty of smaller businesses in the area such as breweries, restaurants, boutiques and local shops that create a vibrant city atmosphere. The overall cost of living in Reno is higher due to the many amenities available. However it’s still very affordable compared to bigger cities like New York or San Francisco.

Reno (zip 89510) has an unemployment rate of 4.6%. The US average is 6.0%.

Reno (zip 89510) 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 (zip 89510)
- The Sales Tax Rate for Reno (zip 89510) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Reno (zip 89510) 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 89510)
- The average income of a Reno (zip 89510) resident is $33,334 a year. The US average is $28,555 a year.
- The Median household income of a Reno (zip 89510) resident is $71,944 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%
  $43,173$37,638
  $71,944$69,021
  $92,917$85,028
  Population by Occupation
  9.0%1.2%
  0.0%0.5%
  12.4%6.8%
  1.4%10.0%
  7.0%2.5%
  6.1%11.0%
  1.8%4.8%
  2.7%0.8%
  0.0%1.9%
  2.0%4.7%
  0.0%1.9%
  5.6%7.6%
  0.0%0.1%
  2.7%4.2%
  4.1%9.3%
  9.7%14.0%
  10.4%2.1%
  9.4%7.0%
  9.2%4.8%
  6.5%4.7%
Health