Zip 89704 (Washoe Valley, NV) Economy


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Washoe Valley, Nevada is a small unincorporated community with a population of just over 1,000 people located in Washoe County. It’s an ideal place to live, with 2 bedroom rent at $1,410 and a grocery cost index of 104 compared to the US index of 100. Washoe Valley is home to several small businesses such as Reno Wheelmen Bicycle Club and High Desert Outfitters which provides outdoor goods and equipment. The valley is also known for its scenic beauty including scenic lakes, rivers, and mountains. Additionally, there are several recreational activities available such as fishing, biking, hiking and camping. With its low cost of living and abundance of recreational activities it makes Washoe Valley an attractive place to live.

Washoe Valley (zip 89704) has an unemployment rate of 4.6%. The US average is 6.0%.

Washoe Valley (zip 89704) has seen the job market decrease by -6.6% 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 Washoe Valley (zip 89704)
- The Sales Tax Rate for Washoe Valley (zip 89704) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Washoe Valley (zip 89704) 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 Washoe Valley (zip 89704)
- The average income of a Washoe Valley (zip 89704) resident is $46,039 a year. The US average is $37,638 a year.
- The Median household income of a Washoe Valley (zip 89704) resident is $90,343 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashoe Valley, NevadaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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