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Reno, Nevada, sometimes called "The Biggest Little City in the World", is a place with a rich arts scene and year-round outdoor activities. There is something for everyone from skiing to enjoying beautiful Lake Tahoe which is only 45 minutes away.
The people who live in Reno actually get an active say in the city’s development, so buying Reno real estate might not be such a bad idea.
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| Population 180,480 | Median Age 34.5 yrs | Household Size: 2.38 |
| Avg Home Value: $158,700 | July High: 90.0°F | January Low: 21.5°F |
Reno Real Estate
Reno is the center of commerce and culture in northern Nevada. It has over 189,000 residents who enjoy life in a high desert valley on the eastern slope of the Sierra. The quality of life that people who buy Reno properties experience is second to none. Perhaps one of the most popular areas of Reno real estate is the Truckee Meadows. On a recent survey, 87.1% of the residents said they were satisfied with their quality of life. A further 91.4% said that they felt safe in their neighborhood, and 60% of respondents said that the City of Reno employees were knowledgeable about their jobs, responsive, polite, and easily accessible to citizens.
The population of Reno is expanding, just like many other cities in the great state of Nevada. There are an estimated 263,239 people residing in this cosmopolitan and famous city, and this looks only set to increase over the coming years. The average median age of residents in Reno is 34.5 years, but almost 25% of the population is under the age of 18 years old, making Reno real estate a haven for young people and young families.
There are many cultural and recreational services, which provide safe and attractive parks, diverse recreational programs, and special cultural events, in Reno. There are also various sporting, instructional, and aquatic activities to be enjoyed in this exciting city. In addition to this, special programs that target at-risk youth, special needs citizens, and senior citizens are also heavily focused on in the city.
The City of Reno places a lot of emphasis on community support services. The services currently available include administration of federal CDBG and HOME grants, comprehensive planning, building inspection, development review, and zoning enforcement.
The public are encouraged to participate in the decisions made for the city as well, which is done through various citizen commissions and councils. The City Council has established many such commissions such as the Recreation and Parks Commission, the Planning Commission, the Animal Services Board, the Civil Service Commission, the Financial Advisory Board, the Traffic Advisory Committee, the Board of Adjustment, the Senior Advisory Committee, and the Bicycle Committee. The purpose of the commissions and the committees is to provide guidance within the city, and to resolve issues affecting their area of responsibility. Owners of Reno real estate may take particular interest in Reno’s zoning and community laws.
Reno is best described as a patient and hard-working town, as their economy is built on decades of hard work and perseverance. The Reno area sees an average of six thousand new jobs a year, and the wages outpace inflation by 13% - and over 10% of people in Reno earn over $100,000 per year. The per capita personal income here is 21% above inflation as well, making Reno a very profitable place to live.
Reno’s real estate is well priced for such a large city, with the average median house price hovering around the $158,700 mark. If you are looking for Reno real estate then you should contact the local estate agents and ask to see their listings. You would be surprised at the number of well-maintained, affordable properties that are currently on the market.
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®