Living in Reno, Nevada
Cost of living, income, home prices, rent and demographics of Reno · Census data 2020–2024
Reno has 273,212 residents with a median age of 37.1. The median household income is $80,760 (3% higher than the Nevada median), the median home value is $548,300, the median rent is $1,556/month.
Reno at a glance
- Population
- 273,212
- Median age
- 37.1State: 39.1
- Median household income
- $80,760State: $78,260
- Median home value
- $548,300State: $435,400
- Median rent
- $1,556/moState: $1,597
- Homeowners
- 49.8%
- Bachelor's degree or higher
- 36.8%
- Average commute
- 20 min
Is Reno a good place to live?
Pros: Median household income 3% higher than the Nevada median; an average commute of 20 minutes; unemployment of 5.1%.
Cons: Home values 26% higher than the state median; a poverty rate of 12.6%.
The weather is best in May–June and September–October.
Cost of living in Reno
Housing is the biggest part of the cost of living. In Reno the median home value is $548,300, 65% higher than the U.S. median. Renters pay a median of $1,556 per month, which is 31.3% of household income. Homeowners with a mortgage pay $2,113 a month in housing costs.
Reno median household income
The median household income in Reno is $80,760 and the income per person is $47,051. 12.6% of residents live below the poverty line (Nevada: 12.4%).
Housing in Reno: homes for sale and rent
- Housing units
- 123,756
- Owner-occupied
- 49.8%
- Renter-occupied
- 50.2%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.33
Reno demographics
- Population
- 273,212
- Median age
- 37.1
- Under 18
- 19.9%
- 65 and older
- 16.8%
- Households
- 114,322
- Foreign-born
- 15.8%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Reno ›
Education in Reno
36.8% of adults 25 and older in Reno have a bachelor's degree or higher (Nevada: 27.9%), and 14.5% have a graduate or professional degree.
Jobs and commute in Reno
- Unemployment rate
- 5.1%State: 7%
- Average commute
- 20 minState: 25 min
- Work from home
- 12.4%
- Drive alone
- 67.1%
- Public transit
- 2.3%
- Walk to work
- 2.6%
- Homes with broadband
- 89.4%
Reno vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Reno | 273,212 | $80,760 | $548,300 | $1,556 |
| Mogul | 1,050 | $145,250 | $653,600 | — |
| Golden Valley | 1,139 | $93,456 | $498,800 | — |
| Sun Valley | 22,228 | $77,446 | $349,100 | $1,214 |
| Verdi | 1,012 | $80,670 | $661,000 | — |
| Sparks | 110,024 | $89,056 | $483,800 | $1,716 |
| Lemmon Valley | 4,412 | $76,029 | $384,000 | — |
| Cold Springs | 11,321 | $93,732 | $433,300 | $2,185 |
| Spanish Springs | 17,980 | $127,658 | $623,900 | $1,963 |
More for people moving to Reno
Reno ZIP code ›Weather and climate ›Living in Reno: FAQ
What is the median household income in Reno, NV?
The median household income in Reno is $80,760, 3% higher than the Nevada median of $78,260 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Reno?
The median home value in Reno is $548,300, compared with $435,400 in Nevada.
How much is rent in Reno?
The median gross rent in Reno is $1,556 per month, about 31.3% of household income.
Is Reno, NV a good place to live?
Pluses: median household income 3% higher than the Nevada median; an average commute of 20 minutes; unemployment of 5.1%. Minuses: home values 26% higher than the state median; a poverty rate of 12.6%.
What is the median age in Reno?
The median age in Reno is 37.1 years (Nevada: 39.1).
How long is the commute in Reno?
The average commute to work in Reno is 20 minutes; 12.4% of workers work from home.
What is the unemployment rate in Reno?
The unemployment rate in Reno is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Reno?
36.8% of adults in Reno have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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