Interested in purchasing investment houses in the 89511 zip code in Reno, NV?
The zip code 89511 is in Washoe county with a latitude of -119.894930000000 and longitude of 39.395270000000, is in the state of Nevada. The average asking price of houses and condos is $567,201.00 and the average sale price was $428,592.00. this regions is classified as the Reno metro area and is in the 775 area code. The location in degrees is 39° 23' 42.972" N, 119° 53' 41.748" W. The county F.I.P.S. is 32031. The total land area is 149.0 square miles and the water area is 0.0 square miles. The elevation in this area is 4436 - 8819 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 89511 is in county number 029 and is L. Sector 70, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 26,731 in 2019 and 25,011 in 2010. Of this, the break down in 2019 was 20,430 urban and 6,300 rural. This further breaks down to 13,214 males (49.4%) and 13,517 females (50.6%). The median age of residents is 48.1 years. The population of the greater Reno-Sparks, NV area is 437,595. The population density (people per square mile) is 179. This zip code has a combined total of 12,051 houses and condos. There are 2,997 rented appartments. 26% of residents rent versus the 26% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $161,177 and the average salary is $84,747. The median household income of individuals is $83,647.00 and the average is $217,430.00. This zip code has a mean commute time to work of 20.2 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 27.30% (Under $50,000), 32.40% ($50,000-$100,000), and 40.30% earn over $100,000. 6.7% of residents live below poverty line versus the 12.5% in the state that are below this line. The cost of living index is 99.6. The educational breakdown is 97.2% have a high school education or higher, 53.3% have a bachelor's degree or higher, and 22.4% have some kind of profesional degree.
This area has 9,937 households and the average size is 2.3 people. Individuals who are single and have never been married are 22.6%, 61.1% are now married, 0.7% are separated, 5.5% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $8,255 versus the state average of $4,329. The percent of residents who gave to charity was 37.3%.
The estimated median value of houses and condos is $690,318. The median monthly owner costs of mortgage holders was $2,559, where as the costs for those who don't have a mortgage are $703. The median number of rooms in houses and condos are 7.4 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $4,015. 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 0.6% which amounted to an average tax amount of $3,975. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $4,135. Reported taxable interest for persons was $6,485, dividends $24,660, capital gains +$69,547, and itemized deductions $41,520. The average earned income tax credit is $1,611. The percent of individuals that use a tax preparer is 53.2%. The total average income taxes paid by individuals was $10,881. Businesses reported an average profit of $35,401.
The Growler Guys
7530 Longley Ln, #106, Reno, NV 89511
Bistro 7
7111 S Virginia St, Reno, NV 89511
Chinese Village
18132 Wedge Pkwy, Reno, NV 89511
Paisan's Old World Deli & Catering
6550 Longley Ln Ste 110, Reno, NV 89511
Greek Cafe
6405 S Virginia St Ste 5, Reno, NV 89511