Reno, NV — income, home value, property tax, and sales tax.
In ZIP code 89501, which covers part of Reno, homes carry a median value of $414,000 while the county-level property tax rate sits at 0.44%. That rate applies to a steep price base, so annual property taxes land well above what the percentage alone implies. Households here earn a median of $33,963, though per-capita income reaches $45,853, a gap that hints at varied living arrangements and incomes across the area. Combined with a 24.80% sales tax rate, everyday costs add pressure. Buying at these home values on these earnings makes ownership a genuine stretch for many who live here.
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