Reno, NV
Population 268,959 · Nevada
About Reno, NV
Reno is a major city located in Nevada with a population of 268,959 residents according to the latest US Census Bureau American Community Survey data. The median household income is $78,448 per year, which is 4% above the national median of $75,149. The median age of 37.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Reno features a median home value of $498,600, which is 104% above the national median of $244,900. This places Reno in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,453, 25% above the national average of $1,163/month. Of the 120,491 total housing units, 49% are owner-occupied (55,334 units) and 51% are renter-occupied (56,727 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Reno shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 12.5%, above the national average of 12.4%. Workers in Reno have an average one-way commute time of 20.6 minutes.
Education & Demographics
35.7% of Reno residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 17.9% White, 2.6% Hispanic or Latino, 0.7% Black or African American, and 5.7% Asian residents, with 16.1% of the population being foreign-born.
How Reno Ranks in Nevada
Cost of Living in Reno, NV
Compared to national averages, Reno has a median household income of $78,448 (4% above the national median of $75,149). Home values average $498,600, which is 104% above the national median. Monthly rent at $1,453 is 25% above the US average of $1,163. Within Nevada, Reno's income is 4% below the state average of $81,841, and home values are 15% above the state median of $433,389.
Why Live in Reno, NV?
Reno offers a strong local economy with a median household income of $78,448, well above the national average, and a well-educated community where 35.7% of residents hold a bachelor’s degree or higher, and short commute times averaging just 20.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $498,600. However, as a major city, Reno provides access to a wide range of amenities and services.
Reno has a population of 268,959 with a median age of 37.3 years. Compare Reno with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Reno
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Las Vegas | 270,773 | $76,772 | $372,300 | Compare |
| Enterprise | 232,043 | $93,980 | $449,300 | Compare |
| Spring Valley | 219,913 | $72,364 | $407,900 | Compare |
| Henderson | 324,523 | $88,654 | $465,000 | Compare |
| Sunrise Manor | 199,099 | $55,034 | $290,900 | Compare |
| Paradise | 186,178 | $58,874 | $358,400 | Compare |
| Sparks | 109,106 | $86,979 | $455,900 | Compare |
| Carson City, Nevada | 58,364 | $71,809 | $426,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nevada
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Reno With Other Cities
Frequently Asked Questions about Reno
What is the population of Reno, NV?
The population of Reno, NV is 268,959 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Nevada.
What is the median household income in Reno?
The median household income in Reno, NV is $78,448 per year, which is 4% above the national median of $75,149.
What is the median home value in Reno?
The median home value in Reno, NV is $498,600, which is 104% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Reno?
The median monthly rent in Reno, NV is $1,453, which is 25% above the national average of $1,163/month.
What is the unemployment rate in Reno?
The unemployment rate in Reno, NV is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Reno, NV a good place to live?
Reno offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 268,959 and a median age of 37.3, the city appeals to a broad range of residents.
How educated is Reno, NV?
35.7% of residents in Reno aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Reno?
Key cost-of-living indicators for Reno, NV: median home value is $498,600 (104% above national), median rent is $1,453/month, and median household income is $78,448. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Reno?
The poverty rate in Reno, NV is 12.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Reno, NV?
Reno's population is 17.9% White, 2.6% Hispanic or Latino, 0.7% Black or African American, 5.7% Asian, and 3.1% two or more races. 16.1% of residents are foreign-born.