Interested in purchasing investment houses in the 89502 zip code in Reno, NV?
The zip code 89502 is in Washoe county with a latitude of -119.745080000000 and longitude of 39.492080000000, is in the state of Nevada. The average asking price of houses and condos is $145,325.00 and the average sale price was $99,785.00. this regions is classified as the Reno metro area and is in the 775 area code. The location in degrees is 39° 29' 31.488" N, 119° 44' 42.288" W. The county F.I.P.S. is 32031. The total land area is 22.3 square miles and the water area is 0.1 square miles. The elevation in this area is 4400 - 5292 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 89502 is in county number 031 and is L. Sector 09, L. Segment , H. Sector , and H. Segment . The population was 45,788 in 2019 and 43,566 in 2010. Of this, the break down in 2019 was 45,085 urban and 702 rural. This further breaks down to 23,951 males (52.3%) and 21,836 females (47.7%). The median age of residents is 35.5 years. The population of the greater Reno-Sparks, NV area is 437,595. The population density (people per square mile) is 2,057. This zip code has a combined total of 20,621 houses and condos. There are 12,704 rented appartments. 66% of residents rent versus the 66% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $37,562 and the average salary is $30,545. The median household income of individuals is $42,141.00 and the average is $47,070.00. This zip code has a mean commute time to work of 19.8 minutes. The unemployment rate is 5.2%. Income earners by percent breakdown as 58.60% (Under $50,000), 30.30% ($50,000-$100,000), and 11.00% earn over $100,000. 15.8% of residents live below poverty line versus the 12.5% in the state that are below this line. The cost of living index is 96.9. The educational breakdown is 78.2% have a high school education or higher, 19.5% have a bachelor's degree or higher, and 5.4% have some kind of profesional degree.
This area has 16,975 households and the average size is 2.4 people. Individuals who are single and have never been married are 36.0%, 39.5% are now married, 3.9% are separated, 5.1% are widowed, and 15.5% are divorced. The average yearly contribution amount given by people to charity was $3,350 versus the state average of $4,329. The percent of residents who gave to charity was 10.1%.
The estimated median value of houses and condos is $270,797. The median monthly owner costs of mortgage holders was $1,448, where as the costs for those who don't have a mortgage are $401. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,261. In comparision, the average real estate tax percent rate in the state is 0.5% which equated to an average real estate tax amount payment in the state of $1,695. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $1,419. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $926. Reported taxable interest for persons was $2,203, dividends $7,587, capital gains +$15,667, and itemized deductions $20,840. The average earned income tax credit is $2,307. The percent of individuals that use a tax preparer is 52.9%. The total average income taxes paid by individuals was $3,914. Businesses reported an average profit of $11,582.
Ruby River Steakhouse
2750 S Virginia St, Reno, NV 89502
Reno Organic Juice Bar & Water Store
5060 Meadowood Mall Cir, Reno, NV 89502
Tofu House
294 E Moana Ln, Reno, NV 89502
Tokyo Sushi
1999 S Virginia St, Reno, NV 89502
Two Chicks South
5851 S Virginia St, Reno, NV 89502
Fuddruckers
321 Broadway Blvd, Reno, NV 89502
Asian Noodles
1290 E Plumb Ln Ste I, Reno, NV 89502
Fusion China
1290 S Virginia St, Reno, NV 89502
Flaming Wok
5650 Meadowood Mall Cir, Reno, NV 89502
Mario's Portofino Ristorante Italiano
1505 S Virginia St, Reno, NV 89502
PJ & Company
1590 S Wells Ave, Reno, NV 89502
Dandelion Deli & Catering
1170 S Wells Ave, Reno, NV 89502
Purple Parrot at Atlantis
Reno, NV 89502
Beefy's
1300 S Virginia St, Reno, NV 89502
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