There is no personal income tax, no corporate tax, and lower sales tax than California. The median housing price in Washoe County (Reno) is $353,250 (Sep 2005) and Nevada's power costs average 28% to 36% lower than California's.
Located at 38°46'N and 112°5'W, the climate offers a beautiful 310 sunny days a year and you can hike, bike, snowboard, and rock climb, all in your backyard. Shielded by the nearby Sierra Nevada mountains, Reno receives only 7.5 inches of precipitation each year. Snowfall is generally infrequent and light, yet excellent winter skiing is available only 30 minutes from the
The community continues to grow with the second-highest job growth rate in the nation and an average unemployment rate of 3.5%. California's average rate hovers near 5.1% and the national average sits at 4.9%. (Rates as of Jan 2006). The recent completion of the largest civic project ever undertaken by the city has moved train traffic through the downtown area underground, encouraging more development in the city center.
Many companies are recognizing the advantages of doing business here, and Reno is quickly becoming a hub for technology firms due to its strong infrastructure and a favorable tax and business climate. For more information on Reno, visit the city Web site at http://www.cityofreno.com/.