Washoe County, Nevada: commercial real estate data.
Washoe County, Nevada has a population of 497,200 across 6,302 square miles, up 4.3 percent since the 2020 census base. 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.
123 sourced county values · tier FULL · 11 sections
Washoe County
How many people live in Washoe County
- Population497,200
- 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-equivalents146th
Washoe County is the 2nd largest of 17 Nevada counties by population. A median home costs 6.1 times median household income, which is a stretched ownership market and usually shows up as rental demand. 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 growing
- Population change since the 2020 census base4.27 percent
- Census 2020 base population486,491
- 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
The county has grown 4.27 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Washoe County
Where people moving to Washoe County come from
- Tax returns filed by households arriving13,513
- People arriving, from those returns21,300
- Adjusted gross income arriving$2.02 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$149,431
- Largest single originWashoe County Non-migrants (200,900 households)
- Largest single destination (200,900 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Washoe County Non-migrants | 200,900 | 375,931 | $27.50 bn |
| Other flows - Different State | 3,174 | 4,962 | $431.0 m |
| Other flows - South | 1,152 | 1,882 | $95.2 m |
| Clark County | 966 | 1,492 | $-281.0 m |
| Other flows - West | 879 | 1,395 | $203.7 m |
| Other flows - Midwest | 687 | 1,053 | $85.6 m |
| Lyon County | 572 | 976 | $30.8 m |
| Carson City | 548 | 819 | $38.3 m |
The largest single source of arrivals is Washoe County Non-migrants, 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 the Washoe County economy runs on
- 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 Nevada counties2nd
- Rank by GDP among US county-equivalents134th
- 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
Who employs people in Washoe County
- Covered employment, annual average240,544
- Establishments reporting16,950
- Average annual pay$69,452
- Average weekly wage$1,336
- Sector 72, employment31,333
- Sector 72, average annual pay$34,045
- Sector 62, employment27,994
- Sector 62, average annual pay$71,163
- Sector 44-45, employment23,832
- Sector 44-45, average annual pay$43,185
- Sector 23, employment21,822
- Sector 23, average annual pay$78,529
- Sector 48-49, employment19,580
- Sector 56, employment15,170
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 31,333 | 1,200 | $34,045 |
| Sector 62 | 27,994 | 1,534 | $71,163 |
| Sector 44-45 | 23,832 | 1,388 | $43,185 |
| Sector 23 | 21,822 | 1,522 | $78,529 |
| Sector 48-49 | 19,580 | 576 | $62,136 |
| Sector 56 | 15,170 | 1,122 | $49,433 |
| Sector 31-33 | 13,906 | 483 | $75,272 |
| Sector 54 | 13,302 | 2,724 | $104,998 |
The largest sector is the biggest private employer group at 31,333 jobs, 13.0 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Washoe County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Washoe County
What is being built in Washoe County
- Housing units authorised by permit, 20244,085
- Declared construction value permitted$878.4 m
- Single family units authorised2,256
- Multifamily units authorised1,829
- Multifamily share of units44.8 percent
- Average declared value per unit$215,037
- Units authorised per 1,000 households20.5
Multifamily is 44.8 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Washoe County
How much SBA lending happens in Washoe County
- 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$27,200
- 90th percentile approval$1,515,000
- 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
- Leading industry by approval countFull-Service Restaurants (26)
- 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)
- 7(a) share of SBA approvals59.6 percent
- Combined SBA approval dollars$664.4 m
The average approval of $576,568 sits well above the median of $250,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually 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
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.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Washoe County
Which parts of Washoe County get the lending
- Places in the county with recorded lending6
- Reno, approvals418
- Sparks, approvals155
- INCLINE VILLAGE, approvals13
- WASHOE VALLEY, approvals8
- VERDI, approvals3
- SUN VALLEY, approvals3
| Place | 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 big 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 boundary6
- 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.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population497,200
- 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?
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 growing?
The population has grown 4.27 percent since the 2020 census base. 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 there 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 the average wage in Washoe County?
Average annual pay is $69,452, or $1,336 a week, across 240,544 covered jobs. 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 totalling $345.9 m since FY2020, across 78 lenders, with a median approval of $250,000, plus 407 504 approvals worth $318.4 m. 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.
What is being built in Washoe County?
4,085 housing units were authorised 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 Washoe County Non-migrants, with 200,900 households. Arriving households report an average income of $149,431 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.