Carson City

Overview

Carson City is a centrally located community situated in western Nevada and bordered by Washoe and Storey counties to the north and Douglas County to the south. Nestled along the majestic Sierra Nevada Mountains, Carson City offers an ideal climate and breathtaking beauty. Nevada's capital city offers great advantages including affordable housing, and abundant labor force. With a strong support of industry, Carson City has quietly become Nevada's leading manufacturing city with 14 percent of its workers in manufacturing, compared to the state average of four percent."The Rating Guide to Life in America's Small Cities" rated Carson City as the 19th best "micropolitan area" in the nation. The recent book "Boomtown USA" from the National Association of Industrial & Office Properties ranked Carson City in its top 50 communities in the West for the greatest opportunities for business, jobs and lifestyle and a favorite relocation spot for companies interested in low taxes, affordable housing and real estate costs and an abundant labor force.*

Carson City is the state capital of Nevada, which has time and again been recognized as the #1 business-friendly state in the country. This ranking is based on taxes, electricity costs, workers' compensation costs, total crime rate, right to work, number of bureaucrats, and state minimum wage. Carson City is a favorite relocation spot for companies interested in low taxes, affordable housing and real estate costs and an abundant labor force. *

*Source: Carson City Economic Development

Business Advantages

The advantages of doing business in Nevada are expansive. Nevada boasts one of the most liberal tax structures in the nation and from a tax-planning perspective, the return on investment in the form of tax saving dollars can be enormous.

Advantages

Taxes

Sales Tax Rate

In Carson City, the sales tax rate is 7.475.

Property Tax Rate

In Carson City, the 2009-10 average county wide tax rate is 3.2928.

Calculating Real Property Taxes

The formula for calculating real property tax is as follows:

  • Taxable Value x .35 = Assessed Value
  • Assessed Value x Tax Rate = Total Real Property Tax

For more information, please see How Property Taxes are Calculated.

Calculating Personal Property Taxes

Using the Cost Conversion Factor tables in the Personal Property Manual, use the following formula to calculate the assessed value. The assessed value is the value on which taxes are calculated.

  • Actual Cost x Cost Index (for appropriate year) = Cost of Replacement
  • Cost of Replacement x Percent Good = Taxable Value
  • Taxable Value x .35 = Assessed Value
  • Assessed Value x Tax Rate = Total Personal Property Tax

Demographics

Population

Year Population
2008 57,600
2007 57,723
2006 57,701
2005 57,104
2004 56,146

Source: Nevada State Demographer

Gender Composition

Year Est Population Male Female
# % # %
2008 56,274 29,006 51.5 27,268 48.5
2007 57,594 29,694 51.6 27,900 48.4
2006 58,029 29,912 51.5 28,117 48.5
2005 57,139 29,211 51.1 27,928 48.9

Source: Applied Geographic Solutions

Labor

Employment

Year Labor Force Employment Unemployment Unemployment Rate (Local)
2009 29,043 26,996 3,445 11.6
2008 29,634 27,499 2,135 7.2
2007 28,463 26,930 1,533 5.4
2006 27,906 26,580 1,326 4.8
2005 27,301 26,051 1,250 4.6

Source: Nevada Department of Employment, Training and Rehabilitation (DETR). 

Job Growth Numbers

Carson City MSA Number of Employed % Job Growth
2009 29,900 -3.5
2008 31,000 -6.3
2007 33,100 0.9
2006 32,800 0.6
2005 32,600 2.2

Source: Nevada Department of Employment, Training and Rehabilitation