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What is the main industry in Reno?

What is the main industry in Reno?

Reno’s economy is principally based in the trade and service sector, with approximately 65% of the work force employed in these occupations.

What salary do you need to live in Reno?

Assuming additional payments of $260 a month for escrow, taxes and insurance plus a back-end ratio of 45 percent for debt to income, you’re looking at a required annual income of $52,700 in order to afford the median single-family house in Reno, Henderson said.

What percent of Reno is black?

Black or African American: 2.81% Native American: 1.04% Native Hawaiian or Pacific Islander: 0.77%

What is the population of Reno Nevada 2021?

The current metro area population of Reno in 2021 is 514,000, a 1.98% increase from 2020. The metro area population of Reno in 2020 was 504,000, a 2.02% increase from 2019. The metro area population of Reno in 2019 was 494,000, a 2.07% increase from 2018.

What tech companies are moving to Reno?

The Economic Development Authority of Western Nevada on Wednesday, March 31, announced the addition of two tech companies to Northern Nevada — Sacramento-based biotech firm StemExpress, which is expanding to Reno; and Los Gatos-based fintech company PayCertify, which is relocating its headquarters here.

What is moved throughout NV?

Nevada’s move over law covers emergency vehicles, construction equipment, parked private vehicles, pedestrians, and even debris on the road. Drivers who violate Nevada’s move over law face fines, license points, and even jail time.

Why is Reno NV so expensive?

Bonnenfant said supply and demand is only part of the story of why prices are high in Reno. The other part is rising incomes. Reno’s tech boom has fueled higher incomes, which means more people can afford more expensive homes. With prices so high, many people are concerned about affordability.

Is Reno NV Safe?

Reno is nationally rated at an 18 crime index with 100 being the safest ranking. (It is 18% safer than other cities in the US). The chance of being a victim of violent crime in Reno is 1 and 180. The chance of being a victim of property crime in Reno is 1 and 49.

Is Reno poor?

The poverty rate in Reno is 16.2%. One out of every 6.2 residents of Reno lives in poverty. How many people in Reno, Nevada live in poverty? 38,071 of 235,279 Reno residents reported income levels below the poverty line in the last year.

Is Reno the next Silicon Valley?

Two California tech companies have announced plans to bring their businesses to Reno. “Reno is now becoming the new Silicon Valley.”

What tech companies are leaving California?

Oracle and Hewlett-Packard are among the Fortune 500 tech companies to move their respective headquarters out of California, both opting for Texas. Researchers used data not just from the beginning of the pandemic but data all the way back to 2018 to illustrate the three-year exodus.

Who are the residents of Reno, Nevada?

84.06% of Reno residents were born in the United States, with 31.83% having been born in Nevada. 8.68% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

How big of a city is Reno, Nevada?

Reno is located in the high desert valley at the foot of the Sierra Nevada about 26 miles north of the capital, Carson City, and 22 miles northeast of Lake Tahoe and it is known as “the Biggest Little City in the World .” The Reno-Sparks metropolitan area, or Truckee Meadows, has a population of more than 500,000 people.

What is the language spoken in Reno Nevada?

74.17% of Reno residents speak only English, while 25.83% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 17.71% of the population.

What is the population of Washoe County Nevada?

As the population of Washoe County and Nevada grow, the demographics are shifting. The non-Hispanic white population has dropped in every county between 2010 and 2014 except for three counties. In Washoe County, the non-Hispanic white population grew very slightly, with the Latino population growing 5%.