Pershing County

Overview

In Pershing County, one can enjoy the simple pleasures of a rural lifestyle and yet experience Nevada's unbeatable business climate. Home to wonderful outdoor recreation as well as numerous annual events, Pershing County offers everything one looks for in a rural setting.

One can find great opportunities for businesses, large or small. For a business looking for available land with clean air, dependable workforce and beautiful desert landscaping, Pershing County would be ideal.

Lovelock
Located 92 miles east of Reno/Sparks, Lovelock was the last place where travelers could find abundant grass to feed their stock before crossing the 40-mile Desert. Lovelock was developed around the railroad, with its economy based on agriculture and mining. Lovelock is the county seat for Pershing County.

Advantages

The incentives 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.

Incentives

Taxes

Sales Tax Rate

In Pershing County, the sales tax rate is 7.100.

Property Tax Rate

In Pershing County, the 2009-10 average county wide tax rate is 3.1563.

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 7,192
2007 7,075
2006 6,955
2005 6,736
2004 6,631

Source: Nevada State Demographer

Population within the Cities of Pershing County

City Year Population
Lovelock 2008 2,458
2007 2,465
2006 2,427
2005 2,363
2004 2,381

Source: State of Nevada Demographer

Gender Composition

Year Est Population Male Female
# % # %
2008 6,339 3,930 62.0 2,409 38.0
2007 6,321 3,886 61.5 2,435 38.5
2006 6,309 3,936 62.4 2,373 37.6
2005 6,305 3,867 61.3 2,438 38.7

Source: Applied Geographic Solutions

Labor

Employment

Year Labor Force Employment Unemployment Unemployment
Rate (Local)
2009 2,517 2,341 271 10.5
2008 2,554 2,372 183 7.1
2007 2,399 2,262 136 5.7
2006 2,450 2,312 138 5.6
2005 2,479 2,352 127 5.1

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