Reno, Nevada is a large city with a population of 237,121 people. The majority of Reno residents report their race to be White; this is followed by Asian and Black. If you are not a fan of long commutes, you will enjoy living in Reno. With average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Reno, Nevada could be a fulfilling experience for anyone who puts in the effort to do the research required. Finding the best places to live in Reno and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, weather, employment, housing and other important metrics.
Using data and statistics Reno has received a livability score of 68 out of 100. This score is ranked in the 54th percentile when compared to all other cities. There are seven total categories that generate the livability score. Reno scores well for amenities (A+) and housing (B-). Reno does not fare well for the following: crime (F), cost of living (D-) and employment (D). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Reno on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the interesting things to do and attractions include: National Automobile Museum, Truckee River Walk, and Casino at Silver Legacy Resort.
Assuming that Reno meets all of your requirements, the next most important item to examine is the affordability of real estate in Reno. Everything else becomes a lot less important if it turns out that home prices in Reno are simply unattainable. Median real estate prices in Reno come in at $235,800, which is 23.1% higher than the Nevada average. The home price to income ratio compares the median home prices to the median household income. In Reno, the home price to income ratio is 4.8, which is 33.3% higher than the Nevada average. Year over year appreciation rates for homes in the Reno area were 9.1% and the 5 year appreciation rates came in at 13.8%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.