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Facts about RENO

State: NV
Environment: Urban,Suburban,College Town,Mountain,Desert,Outdoor Oriented,Singles,
City Population: 100,001+
Median age of Population: 25-44
Avg Jan Temperature: 21-40
Avg July Temperature: 60-80
Median HH Income: 20,001-40,000
Average Home Price (MLS): $300,001-$500,000
Annual Property Tax on a $200,000 house: Less than 2000
Total Crime Index: 101-110 (slightly above average)
Cost of Living Index: 111-120 (high)
Culture Index: 111-120 (high)
State Sales Tax: Yes
State Income Tax: No
Name of the Guide: boomer1

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Reno : Nevada

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What It Is Like to Retire in Reno

Reno, "The Biggest Little City in the World", is the 4th largest city in Nevada with a population of about 220,000. It is near the slightly smaller city of Sparks in the northwest corner of Nevada. Reno came to fame in the 20th century when people from the east, particularly New Yorkers, came here to get a quickie divorce. Gambling is very important to Reno's economy, although it is no longer the gambling capital of Nevada. The larger and more successful hotel casinos include the Atlantis, the Peppermill and the Grand Sierra Resort.The downtown has had some renewal work since several casinos closed. The nearby Sierra Nevada Mountains and deserts make this a great area for people who like the outdoors. University of Nevada-Reno and Truckee Community College make Reno a college town. It has a full supply of cultural and sporting venues. In 2004, the city completed a $1.5 million whitewater park on the Truckee River in downtown Reno - the facility now attracts paddlers from all over the region. There are 18 ski areas within 2 hours. Reno is near 3 major bodies of water - Lake Tahoe, the Truckee River, and Pyramid Lake. Photo of Reno sign courtesy of Wikipedia and LVtalon (public domain). Reno skyline by Wikipedia (public domain).

Where to Retire in Reno and Home Prices

Some of the larger buildings in the downtown buildings such as the Comstock have been converted to residential use.There are many new developments here, some of which have problems with foreclosures and defaults. Some are for people of all ages, while others are more for active adults and 55+. (see link at left).

Nevada has been one of the hardest hit states in the recession of 2008-10. According to the National Association of Realtors the median home value in Reno/Sparks had dropped to about $156,600 in mid 2011, but during the 4th quarter of 2020, the median home sale price was at $468,600. Nevada is a tax paradise with no state income tax and the 49th highest tax burden. See our mini-guide to Nevada retirement.

What Is Special about Reno

Outdoor recreation is readily accessible from Reno, thanks to its desert, Lake Tahoe, and the nearby Sierra Nevadas,

What Is Not Special about Reno

Reno is very windy and dry. Thanks to overbuilding, there are a lot foreclosures and unemployed. Some people are upset about crime in Reno.

Who Will Like Retirement in Reno

People who like gambling and/or living near the mountains and lakes might like it in Reno. There are a lot of active adult communities to choose from.

Local Economy Is Driven by

Gambling, tourism, health care, and education are important to the local economy.

Climate and Physical Environment

Reno is the northwest corner of Nevada very near the city of Sparks. It sits in the rain shadow of the Sierra Nevada, so it only gets about 7" of rain per year. The average July high temperature is 91 and the average January low is 22. The wettest month is January (1").

Restaurants & Cultural Scene

Reno has a full range of cultural institutions including museums, orchestras, galleries, the Nevada Shakespeare Company, the Pioneer Center for the Performing Arts, and an active library system. Reno holds several events and festivals throughout the year. They include Hot August Nights, which is a classic car convention. There are also minor league teams for most professional sports.

Crime

The City-Data.com Crime Index in Reno is 420 vs. the national index of 320. It is higher than the U.S. average in all categories of crime.

Medical Facilities

Renown Medical Center, Saint Mary's Medical Center

Transportation

Reno has an active bus transportation system, RTC Ride. Amtrak serves Reno. The Reno/Lake Tahoe Airport provides convenient air service. Reno is about average in walkability and biking when compared to other communities.

Valuable Links

City of Reno

Wikipedia page for Reno
Nevada Retirement Guide

What people are saying about Reno
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Facts about RENO

State: NV
Environment: Urban,Suburban,College Town,Mountain,Desert,Outdoor Oriented,Singles,
City Population: 100,001+
Median age of Population: 25-44
Avg Jan Temperature: 21-40
Avg July Temperature: 60-80
Median HH Income: 20,001-40,000
Average Home Price (MLS): $300,001-$500,000
Annual Property Tax on a $200,000 house: Less than 2000
Total Crime Index: 101-110 (slightly above average)
Cost of Living Index: 111-120 (high)
Culture Index: 111-120 (high)
State Sales Tax: Yes
State Income Tax: No
Name of the Guide: boomer1

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Reno : Nevada

What It Is Like to Retire in Reno

Where to Retire in Reno and Home Prices

What Is Special about Reno

What Is Not Special about Reno

Who Will Like Retirement in Reno

Local Economy Is Driven by

Climate and Physical Environment

Restaurants & Cultural Scene

Crime

Medical Facilities

Transportation

Valuable Links

What people are saying about Reno

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