Greater Reno-Tahoe Fact Sheet

Greater Reno-Tahoe Fact Sheet

Regional Summary

Greater Reno-Tahoe, once known primarily for its gaming history, has transitioned into a more diverse economy in recent years. Emerging industries include clean energy technology and software, which are helping to attract a younger and more educated population, as well as entrepreneurial companies.

The Economic Development Authority of Western Nevada (EDAWN) is the private/public partnership committed to recruiting and expanding these companies in the region, which includes Carson City, Douglas, Lyon, Mineral, Pershing, Storey and Washoe Counties.

Quick Facts
  • Reno-Sparks Metro Population: 413,195 (2007)
  • Average home value: $370,000
  • Per capita personal income: $41,749
  • Job growth: 1.3 percent (2007)
  • Unemployment rate: 4.8 percent (2007)
Target Industries
  • Advanced Logistics
  • Advanced Manufacturing
  • Business/Financial Services
  • Clean Energy Technology
  • Life Sciences
  • Software
Pro-Business Tax Climate
  • No State Corporate Income Tax
  • No Personal Income Tax
  • No Franchise Tax
  • No Unitary Tax
  • No Estate or Gift Tax
  • No Inheritance Tax
  • No Inventory Tax
Top Fortune 100 Companies Doing Business in Greater Reno-Tahoe
  • Wal-Mart
  • General Motors
  • General Electric
  • Citigroup
  • Bank of America
  • Cardinal Health
  • Morgan Stanley
  • Merrill Lynch
Major “Local” Target Industry Employers
  • Altair Nanotechnologies
  • Cisco Systems
  • Delphi
  • International Game Technology (IGT)
  • Microsoft Licensing, GP
  • Ormat Technologies
  • Patagonia
  • Sierra Pacific
Leading Research Institutions
  • Desert Research Institution
  • University of Nevada, Reno
Quality of Life
  • 300 days of sunshine per year
  • Average temperature of the region: 67.4 degrees (high) and 33.2 degrees (low)
  • Air quality index: 81.9 percent
  • Average commute time: 15.6 minutes
  • 6 percent of population walk or bike to work
  • Largest concentration of ski resorts in North America are all within a fifty-mile radius
Major Transportation Hub
  • Reno-Tahoe International Airport
Proximity to Major Western Metros (by air)
  • Denver, CO: 2 hours
  • Las Vegas, NV: 1 hour
  • Los Angeles, CA: 1 hour, 30 minutes
  • Phoenix, AZ: 1 hour, 45 minutes
  • Portland, OR: 1 hour, 30 minutes
  • San Francisco, CA: 1 hour
  • Salt Lake City, UT: 1 hour, 30 minutes
  • Seattle, WA: 1 hour, 50 minutes

For More Info Contact:
Julie Ardito
Toll Free: 800.256.9761
Direct: 775.829.3706
Fax: 775.829.3706
ardito@edawn.org