Zip 89147 (Spring Valley, NV) Economy


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Spring Valley, NV (89147) is a great place to live and work. The two bedroom rent averages $1,670 per month which is slightly higher than the US average of $1,430. Grocery costs in Spring Valley are also higher than the USA average with an index of 104 versus 100 in the US.
The cost of living in Spring Valley can be offset by access to employment opportunities from local companies like Walmart, Nevada State Bank, Walgreens and St. Rose Dominican Hospital. There are also businesses like The Shoppes at Summerlin Centre that offer quality shopping experiences for residents and visitors alike. With its reasonable cost of living and abundance of job opportunities, Spring Valley is an attractive option for those looking to settle in Nevada.

Spring Valley (zip 89147) has an unemployment rate of 8.8%. The US average is 6.0%.

Spring Valley (zip 89147) 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 89147)
- The Sales Tax Rate for Spring Valley (zip 89147) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Spring Valley (zip 89147) 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 89147)
- The average income of a Spring Valley (zip 89147) resident is $25,715 a year. The US average is $28,555 a year.
- The Median household income of a Spring Valley (zip 89147) resident is $63,086 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpring Valley, NevadaUnited States
  8.86
  -13.2%-6.2%
  40.3%33.5%
  8.3%6.2%
  0.0%4.6%
  $33,624$37,638
  $63,086$69,021
  $71,292$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.0%6.8%
  1.9%10.0%
  1.6%2.5%
  11.8%11.0%
  7.7%4.8%
  0.3%0.8%
  1.8%1.9%
  3.3%4.7%
  2.6%1.9%
  4.0%7.6%
  0.0%0.1%
  4.9%4.2%
  6.0%9.3%
  8.9%14.0%
  13.0%2.1%
  21.7%7.0%
  4.2%4.8%
  2.3%4.7%
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