Finding the Best Places to Retire Since 2006!
Reno, Nevada
Reno Sits at the Base of the Rugged Sierra Nevada Mountains in Western Nevada and is About an Hour North of Stunning Lake Tahoe
Reno sits along the Trukee River at the base of the Sierra Nevada Mountains in sun soaked western Nevada. About an hour north of stunning Lake Tahoe, it started out as river crossing point in the 1840s as people itching to get rich headed to the California gold fields.
For the last 50 years, the city has been known as a kind of second tier gambling town, with flashy but slightly faded casinos, shows and nightclubs. These days it still has casinos but is also repositioning itself as a technolgy hub. The downtown has tall office buildings and highrise condos, and the Truckee River Walk has a fun wine tour, some excellent eateries and a biergarten. Locals enjoy a good menu of cultural venues, including the Reno Philharmonic Orchestra, the Reno Little Theater, the Ageless Repertory Theater and the Nevada Museum of Art. Wingfield Park is a unique park in the middle of the river. Artown and Food Truck Fridays are just two of the many fun events throughout the year. Neighborhoods meander and are primarily populated with ranch ramblers and raised ranch ramblers.
A bike trail runs from downtown to Lake Tahoe 50 miles to the southwest. Several ski resorts are 20 to 25 miles away.
Population: 275,000
Cost of Living: 22% above the national average
Median Home Price: $535,000
Age 45 or Better: 33%
Climate: Summer temperatures are in the 90s, but the area cools off quickly when the sun sets. Winter temperatures in the 20s, 30s, 40s. On average, the area receives seven inches of rain and 21 inches of snow per year. The elevation is 4,500 feet above sea level.
At Least One Hospital Accepts Medicare Patients? Yes
At Least One Hospital Accredited By Joint Commission? Yes
Public Transit: RTC Rides Bus Line, RTC Spirit (free downtown service) and RTC Intercity (transit between Reno and Carson City) serve the city.
Public Library: Yes
Crime Rate: Meets the national average
Political Leanings: Liberal
College Educated: 32%
Is Nevada Considered Tax Friendly for Retirement? Yes
Cons: The area has an earthquake risk 90% higher than the national average. Home prices have decreased 5% since a year ago. The population has grown 15% during the last decade.
Recommended as a Retirement Spot? Yes
Nevada:
The Sagebrush State entered the Union during the Civil War on October 31, 1864. It was the first state to ratify the 15th Amendment and give African American men the right to vote. Gambling may be Nevada's claim to fame. The state has approximately one slot machine for every 10 residents. Las Vegas has more hotel rooms than any other city on earth.
Although Nevada is the home of Lake Mead, Hoover Dam, and Lake Tahoe, water is a scarce commodity. The landscape can be characterized by alkalai sinks and sage brush. Nevada's named mountain ranges include the Battle, Monitor, Sierra Nevada, and Snake chains. Winters in Northwest Nevada can be cold. Summers in the south can be inhospitable.
Nevada is the largest gold producing state in the nation. Copper, silver, and mercury add to the state's wealth. Tourism, however, drives the state. Gambling taxes are its chief source of revenue.
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