Why Companies Relocate to Nevada

Many companies are fleeing from California in order to escape the high cost of doing business there. Whereas Nevada’s business-friendly climate, conducive regulations, and unparalleled recreation and quality of life have been attracting businesses. In fact, Nevada has been seeing this influx of companies for several decades now, but it really didn’t start gaining national media attention until 2003 as a great place to do business.

This increased attention can be related to several different factors, including bold new marketing campaigns developed by EDAWN, a coalition of Nevada economic development organizations. The coalition has generated countless marketing campaigns that have bolstered attention, and has drawn business into Nevada in droves.

Their recent campaign, “Missing,” was somewhat of a spoof on several Californian icons that included the California Grizzly Bear, the happy California cows and the Golden Gate Bridge which all came up missing. In the campaign, it turns out all of these icons were driven out by the high cost of doing business in California, and were found thriving in Nevada’s business climate.

Related Posts
Quick Statistics for Reno and Surrounding Area
Understanding Local Markets

Should you have any questions or need further information, please don't hesitate to contact me,(775) 220-1630
Or visit my website at www.SellingNorthernNV.com




Joshua Talayka
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521



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Source of Information
Publication: 2006/2007 Business Resource and Relocation Guide, Reno Gazette Journal
Title: California Marketing

Quick Statistics for Reno and Surrounding Area

COST OF LIVING INDEX

San Francisco, CA	170.6
Los Angeles, CA	158.2
San Jose, CA	156.0
Sacramento, CA	120.1
Reno-Sparks MSA, NV	109.7
Phoenix, AZ	103.8
Salt Lake City, UT	102.9
Denver, CO	100.4
Boise, ID	98.0

Source: ACCRA Cost of Living Index 1st Quarter 2006

CLIMATE IN NORTHERN NEVADA

Temperature	High	Low
Annual	67.4°	35.2°
January	45.5°	21.8°
April	64.1°	33.2°
July	91.2°	51.4°
October	69.9°	34.0°

Days above 90	53
Relative Humidity	53%
Annual Water Total	7.48”
Annual Snow Total	24.3”
Clear/partly cloudy days	251
Phoenix, AZ	103.8
Salt Lake City, UT	102.9
Denver, CO	100.4
Boise, ID	98.0

Source: Western Regional Climate Center

PER CAPITA PERSONAL INCOME FOR SELECT MSAs 2004

Area Name	Dollars	U.S. Ranking
San Francisco, CA	$49,276	2
San Jose, CA	$48,530	3
Denver, CO	$40,939	12
Reno-Sparks MSA	$39,430	19
Los Angeles, CA	$35,188	47
Sacramento, CA	$33,338	74
Salt Lake City, UT	$31,419	119
Phoenix, AZ	$31,133	128
Boise, ID	$30,545	139

Source: Bureau of Economic Analysis

Washoe County Median Household Income = $47,402
US Median Household Income = $44,684
(US Census Bureau, 2004 American Community Survey)

AVERAGE HOME PRICE

Area Name	Home Price*	2 Bed Rent
San Francisco, CA	$873,361	$1987
San Jose, CA	$828,210	$1186
Los Angeles, CA	$848,780	$1630
Sacramento, CA	$500,555	$924
Reno-Sparks MSA	$360,800	$760
Phoenix, AZ	$356,809	$760
Denver, CO	$333,075	$741
Salt Lake City, UT	$305,975	$750
Boise, ID	$264,000	$757

Source: ACCRA Cost of Living Index 1st Q 2006

* total purchase price of a 2,400 sq ft new home on 8,000 sq ft lot in urban area with all utilities

** apartment, monthly rent for a 2 bed unfi nished excluding all utilities except water, 1 ½ or 2 bath, 950 sq ft.

AVERAGE ANNUAL GROWTH

	1990-00	2000-10	2010-20
Northwest* Nevada	3.3%	22.3%	13.6%

RENO-SPARKS MSA POPULATION

Population	2002	2003	2004	2005
Washoe County	359,423	373,233	383,452	396,844
Northwest* Nevada	500,895	519,036	535,845	556,928

POPULATION PROJECTIONS

Population	2010	2015	2020
Washoe County	415,402	442,878	466,546
Northwest* Nevada	583,000	625,000	661,941
Nevada	2,806,940	3,125,677	3,412,147

Source: Office of the State Demographer

* Northwest Nevada: Washoe, Carson, Douglas, Lyon and Storey Counties

RENO-SPARKS MSA RACE & ETHNICITY 2005

Race	% of Pop.
Caucasion	69.7%
African American	2.2%
American Indian, Escimo, or Aluet*	1.9%
Asian or Pacific Islander	5.9%
Hispanic Origin	20.3%

Source: Nevada Office of the State Demographer

*not of Hispanic origin

RENO-SPARKS MSA AGE DISTRIBUTION 2002

Age	Persons	% of Pop
0-19	112575	28.1%
20-39	116218	29.0%
40-64	130499	32.6%
65-85+	41565	10.4%

Source: Nevada Offi ce of the State Demographer

EDUCATIONAL ATTAINMENT RENO-SPARKS MSA

27% of population (25 and older) with bachelor’s degree or higher (equal to national average)

Source: US Census, 2004 American Community Survey

FORTUNE 500 COMPANIES DOING BUSINESS IN NORTHERN NEVADA

THIRTY-FIVE FORTUNE 500 COMPANIES AND NINE OF FORTUNE’S TOP 20 OF AMERICA’S MOST ADMIRED COMPANIES HAVE A SIGNIFICANT PRESENCE IN NORTHERN NEVADA.

These companies represent a range of top multi-national brands that have chosen Reno/Sparks/Lake Tahoe to do business because of Nevada’s tax-friendly climate and unparalleled quality of life.

Rating #	Corporation
2	Wal-Mart Stores*
3	General Mortors
7	General Electric*
25	Dell*
27	AmerisourceBergen
31	Pfizer
39	AT&T
44	United Parcel Service*
48	Microsoft*
61	PepsiCo*
68	Sysco
70	FedEx*
79	Alcoa
83	Cisco Systems
89	Coca-Cola
90	Weyerhaeuser
96	Deere
118	J.C. Penney
159	Apple Computer*
196	Oracle
209	Arrow Electronics
215	Aramark
265	R.R. Donnelley & Sons
272	Amazon.com
311	Sherwin-Williams
338	Starbucks*
379	C.H. Robinson Worldwide
380	Harley-Davidson
413	Charter Communications
418	Charles Schwab
422	Barnes & Noble
424	US Airways Group
445	Henry Schein
460	Clorox
461	Newmont Mining
476	Graybar Electric

Source: Fortune magazine, April 2006;

*America’s Most Admired Companies 2006

Home Sales Up Prices Down
Housing Market Rebound

Should you have any questions or need further information, please don't hesitate to contact me,(775) 220-1630
Or visit my website at www.SellingNorthernNV.com




Joshua Talayka
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521

Spanish Springs vs. Sparks

Where exactly does Sparks end and Spanish Springs begin? Most people have their own opinion as to where the border between the two actually is. Many people who believe that they live in Spanish Springs, may in fact be within the Sparks City limits, and vise-versa.

Although it may not be seem like much of a concern, to many it is. “People define themselves by where they live, by the schools they attend, the churches they got to and the lifestyle by which they’ve become accustomed,” Says Eric Young, a land-use planner with the Community Development Department of Washoe County.

Then there are those who really couldn’t care less about where they technically live

“We’re transplants to this area,” Says Kathy Haskel who lives in Cimarron near the Wingfield Springs Development. “Some natives have different perspectives about where the boundaries are. It doesn’t matter if we’ll eventually be annexed into the city.”

But the fact is that a region is defined by jurisdictional and community boundaries, according to Eric Young. “Land uses are different between city and county, Urban development must happen within an incorporated area of the county.”

So whether you live within the City of Sparks, or within the county jurisdiction can effect your property and the surrounding area. At the moment, the official boundary is this; anything east of Pyramid Way and south of La Posada Drive is within the Sparks city limits, and anything west of Pyramid Way and North of La Posada is Spanish Springs which is an unincorporated area of Washoe County.

Related Posts
High Rise Condominium Projects on Hold in Reno
Washoe County Transfer Tax Increase
Quick Statistics for Reno and Surrounding Area
Why Companies Relocate to Nevada


Should you have any questions or need further information, please don't hesitate to contact me,(775) 220-1630
Or visit my website at www.SellingNorthernNV.com




Joshua Talayka
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521



Source of Information
Publication: Valley View, a RGJ publication
Title: Border Wars
Author: Anne-Marie Hoppe