Spring Valley in 89103 is located in the Las Vegas Metropolitan area of Nevada. With a population of 178,395 according to the United States Census Bureau, this community offers residents many options for jobs and recreational activities. The average rent for a two bedroom home in Spring Valley is $1,460, which is slightly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Spring Valley is 100 versus 100 nationwide.
Spring Valley is home to several local businesses such as Durango Dental Care and Spring Valley Dental Care. Additionally, other popular companies such as Costco Wholesale are located here. In fact, 27% of residents in Spring Valley work for small businesses or self-employed workers. Furthermore, 8% of households have an income greater than $200k per year according to the most recent census data; making it one of the wealthiest communities in Nevada.
Spring Valley (zip 89103) has an unemployment rate of 8.8%. The US average is 6.0%.
Spring Valley (zip 89103) has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Spring Valley (zip 89103)
- The Sales Tax Rate for Spring Valley (zip 89103) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spring Valley (zip 89103) 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 Spring Valley (zip 89103)
- The average income of a Spring Valley (zip 89103) resident is $21,946 a year. The US average is $28,555 a year.
- The Median household income of a Spring Valley (zip 89103) resident is $43,401 a year. The US average is $69,021 a year.