Reno, NV — income, home value, property tax, and sales tax.
Households in ZIP code 89402, near Reno, report a per-capita income of $260,323, a figure that shapes nearly every spending decision here. Homes carry a median value of $2,000,001, and the county-level property tax rate of 0.44% applies to that base, so owners still owe a substantial sum each year despite the low percentage. Day-to-day purchases face an 8.27% combined sales tax, which adds up quickly on large buys. High earnings absorb these costs, though the housing market demands serious capital, and property taxes scale directly with the seven-figure valuations common in this area.
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