Washoe County, Nevada: commercial real estate data.
Washoe County, Nevada had an estimated 507,280 residents on July 1, 2024, up 4.3 percent since the 2020 census base of 486,491, across 6,302 square miles. County output reached $43.72 bn in 2024, 14,199 establishments operate here, and the SBA record carries 600 7(a) approvals worth $345.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Washoe County
How many people live in Washoe County
- Population, American Community Survey 2020-2024497,200
- Households199,296
- Average household size2.49
- Median household income$88,096
- Median age39.0
- Median gross rent$1,608 per month
- Median owner-occupied home value$539,900
- Home value to household income6.1 times
- Annual rent as a share of median income21.9 percent
- Adults 25 and over with a bachelor degree or higher34.2 percent
- Adults 25 and over with a graduate degree13.4 percent
- Adults 25 and over350,857
- Population under 18102,934
- Share under 1820.7 percent
- Population 65 and over88,010
- Share 65 and over17.7 percent
- Working age population, 18 to 64306,256
- Civilian labor force266,420
- Unemployment rate5.1 percent
- Labor force participation, adults 18 and over67.6 percent
- Rank by population among Nevada counties2nd of 17
- Rank by population among US county-equivalents, Puerto Rico included146th of 3,222
Washoe County is the 2nd largest of 17 Nevada counties by population. A median home costs 6.1 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 20.7 percent against 17.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Washoe County
Is Washoe County's population growing?
- Population, July 1, 2024507,280
- Census 2020 base population486,491
- Population change since the 2020 census base4.27 percent
- Population change, 2023 to 20247,121
- Births, 20244,772
- Deaths, 20244,591
- Natural change, 2024181
- Net domestic migration, 20242,198
- Net international migration, 20244,716
- Total net migration, 20246,914
- Cumulative net domestic migration, 2021 to 20249,428
- Rank by growth among US county-equivalents644th of 3,144
The county has grown 4.27 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Washoe County
Where are people moving to Washoe County from?
- Tax returns filed by households arriving13,513
- People arriving, from those returns21,300
- Tax returns filed by households leaving12,783
- Net household movement730
- Adjusted gross income arriving$2.02 bn
- Net adjusted gross income movement$632.8 m
- Average income of an arriving household$149,431
- Average income of a leaving household$108,462
- Largest single originClark County (966 households)
- Largest single destinationClark County (953 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Clark County | 966 | 1,492 | $-281.0 m |
| Lyon County | 572 | 976 | $30.8 m |
| Carson City | 548 | 819 | $38.3 m |
| Los Angeles County | 468 | 730 | $62.7 m |
| Santa Clara County | 451 | 756 | $120.3 m |
| Sacramento County | 419 | 634 | $35.1 m |
| Placer County | 357 | 556 | $50.0 m |
| Contra Costa County | 355 | 557 | $67.0 m |
Households arriving report $40,969 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Clark County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Washoe County
What is the Washoe County economy?
- County GDP, 2024$43.72 bn
- County GDP, 2023$41.31 bn
- GDP change, 2023 to 20245.8 percent
- GDP change over five years45.3 percent
- Rank by GDP among the Nevada areas BEA publishes2nd of 17
- Rank by GDP among the US county areas BEA publishes134th of 3,127
- GDP per resident$87,927
Output grew 5.8 percent in the latest year and 45.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Washoe County
Employment by industry in Washoe County
- Covered employment, annual average240,544
- Establishments reporting16,950
- Average annual pay$69,452
- Average weekly wage$1,336
- Accommodation and food services, employment31,333
- Accommodation and food services, average annual pay$34,045
- Health care and social assistance, employment27,994
- Health care and social assistance, average annual pay$71,163
- Retail trade, employment23,832
- Retail trade, average annual pay$43,185
- Construction, employment21,822
- Construction, average annual pay$78,529
- Transportation and warehousing, employment19,580
- Administrative and support and waste management services, employment15,170
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 31,333 | 1,200 | $34,045 |
| Health care and social assistance | 27,994 | 1,534 | $71,163 |
| Retail trade | 23,832 | 1,388 | $43,185 |
| Construction | 21,822 | 1,522 | $78,529 |
| Transportation and warehousing | 19,580 | 576 | $62,136 |
| Administrative and support and waste management services | 15,170 | 1,122 | $49,433 |
| Manufacturing | 13,906 | 483 | $75,272 |
| Professional, scientific and technical services | 13,302 | 2,724 | $104,998 |
Accommodation and food services is the largest private sector at 31,333 jobs, 13.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Washoe County
How many businesses are in Washoe County?
- Establishments, all industries14,199
- Employment at those establishments209,307
- Annual payroll$12.90 bn
- Establishments per 1,000 residents28.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Washoe County
Building permits in Washoe County
- Housing units authorized by permit, 20244,085
- Declared construction value permitted$878.4 m
- Single family units authorized2,256
- Multifamily units authorized1,829
- Multifamily share of units44.8 percent
- Average declared value per unit$215,037
- Units authorized per 1,000 households20.5
Multifamily is 44.8 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Washoe County
SBA loans in Washoe County (7(a) and 504)
- 7(a) approvals recorded600
- 7(a) gross approval dollars$345.9 m
- Average 7(a) approval$576,568
- Median 7(a) approval$250,000
- 10th percentile approval$27,180
- 90th percentile approval$1,501,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)6,768
- Jobs per approval11.3
- Distinct 7(a) lenders active78
- Distinct industries receiving approvals194
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.0 percent
- Loans on real estate terms90
- Loans on working capital terms, 120 months or shorter470
- Franchise loans98
- Franchise share of approvals16.3 percent
- Most active lenderU.S. Bank, National Association (72)
- 504 approvals recorded407
- 504 gross approval dollars$318.4 m
- Average 504 approval$782,334
- Median 504 approval$504,000
- Distinct CDCs active6
- 504 jobs per approval9.8
- 504 jobs per million dollars approved12.6
- Most active CDCNevada State Development Corporation (301)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$664.4 m
The average approval of $576,568 sits well above the median of $250,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 15.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Washoe County
SBA loan default and charge-off rates in Washoe County
Do SBA loans in Washoe County get paid back?
- Loans with a final outcome recorded101
- Paid in full93
- Charged off8
- Charge-off rate on resolved loans7.9 percent
- Status: Exempt from disclosure383
- Status: Paid in full93
- Status: Cancelled79
- Status: Charged off8
- Status: Committed, not yet disbursed37
Of the 101 loans that have reached a final outcome, 7.9 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Washoe County
SBA lending by place in Washoe County
- Borrower cities with recorded lending6
- Reno, approvals418
- Sparks, approvals155
- Incline Village, approvals13
- Washoe Valley, approvals8
- Verdi, approvals3
- Sun Valley, approvals3
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Reno | 418 | $247,982,600 |
| Sparks | 155 | $78,878,200 |
| Incline Village | 13 | $8,454,900 |
| Washoe Valley | 8 | $5,099,600 |
| Verdi | 3 | $5,340,000 |
| Sun Valley | 3 | $185,500 |
Reno accounts for 418 approvals against 155 in Sparks. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Washoe County
How large is Washoe County?
- Land area6,302 sq mi
- Rank by land area among Nevada counties7th of 17
- Width, east to west44.1 mi
- Height, north to south195.6 mi
- Geographies sharing a boundary13
- Residents per square mile of land79
- Establishments per square mile2.25
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Washoe County
Flood risk in Washoe County
- Participation of the county's own NFIP community Washoe County, unincorporated areasParticipating, community 320019
- Community Rating System class of the county's own communityClass 6
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 6
- Communities carrying a CRS class1
- Radon levels in Washoe County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Washoe County (community 320019), participates in the National Flood Insurance Program and carries Community Rating System class 6, a flood insurance premium discount for policies written there. The EPA places Washoe County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 6, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Washoe County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Washoe County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024497,200
- Households199,296
- Average household size2.49
- Median household income$88,096
- Median age39.0
Common questions
Washoe County questions, answered from the record.
How many people live in Washoe County, Nevada?
The Census Bureau estimates 507,280 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 497,200, in 199,296 households, ranking 2nd of 17 Nevada counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Washoe County's population growing?
The population has grown 4.27 percent since the 2020 census base of 486,491, to 507,280 on July 1, 2024. In 2024 there were 4,772 births against 4,591 deaths, with net migration of 6,914. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Washoe County?
$88,096. The median owner-occupied home is valued at $539,900, which is 6.1 times income, and median gross rent is $1,608 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Washoe County?
14,199 establishments, employing 209,307 people with an annual payroll of $12.90 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Washoe County?
Accommodation and food services is the largest private sector at 31,333 jobs, 13.0 percent of covered employment. Covered employment averages 240,544 jobs at an average annual pay of $69,452, or $1,336 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Washoe County?
600 7(a) approvals totaling $345.9 m since FY2020, across 78 lenders, with a median approval of $250,000, plus 407 504 approvals worth $318.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Washoe County get paid back?
Of the 101 loans that have reached a final outcome, 93 were paid in full and 8 charged off, a charge-off rate of 7.9 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Washoe County?
4,085 housing units were authorized by permit in 2024, with a declared construction value of $878.4 m. Multifamily was 44.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Washoe County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Washoe County come from?
The largest single origin is Clark County, with 966 households. Arriving households report an average income of $149,431 against $108,462 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Washoe County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Washoe County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Washoe County
Cities and places in Washoe.
17 Census places lie wholly or partly in Washoe County. All 17 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Reno | city | 273,212 | 418 | Wholly in this county |
| Sparks | city | 110,024 | 155 | Wholly in this county |
| Sun Valley | CDP | 22,228 | 3 | Wholly in this county |
| Spanish Springs | CDP | 17,980 | None recorded | Wholly in this county |
| Cold Springs | CDP | 11,321 | None recorded | Wholly in this county |
| Incline Village | CDP | 9,272 | 13 | Wholly in this county |
| Lemmon Valley | CDP | 4,412 | None recorded | Wholly in this county |
| Washoe Valley | CDP | 3,315 | 8 | Wholly in this county |
| Golden Valley | CDP | 1,139 | None recorded | Wholly in this county |
| Mogul | CDP | 1,050 | None recorded | Wholly in this county |
| Verdi | CDP | 1,012 | 3 | Wholly in this county |
| Wadsworth | CDP | 705 | None recorded | Wholly in this county |
| Nixon | CDP | 305 | None recorded | Wholly in this county |
| Sutcliffe | CDP | 282 | None recorded | Wholly in this county |
| Crystal Bay | CDP | 131 | None recorded | Wholly in this county |
| Gerlach | CDP | 58 | None recorded | Wholly in this county |
| Empire | CDP | 0 | None recorded | Wholly in this county |