Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Business Location in Reno

Reno offers 471,000 metro customers, $60,000 average income, and high commercial activity—ideal conditions for data-led site selection.

21th-percentile metro population (471,000 people) supports layered rollout strategies in Reno.

70 readiness score (B+)
471,000 metro residents
$60,000 average income
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471K
Metro Population
$60K
Avg Income
High
Business Density
5
Major Industries
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Reno, United States

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471,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations

Reno Business Environment

Market Insights

  • 21th-percentile metro population (471,000 people) supports layered rollout strategies in Reno.
  • Average household income of $60,000 ranks 81th percentile, so discretionary spend is resilient.
  • Foot traffic scores 72/100—8% below the norm—so storefronts can lean on organic discovery.
  • Expect $26/sq ft carrying costs (20% swing vs. average) when modeling contribution margins.
  • Reno already has a high concentration of operators, so site selection must highlight accessibility.
  • Reno's competition profile is moderate, allowing smart pricing experiments.
  • Key industries (Gaming, Technology) inform where daytime traffic congregates in Reno.
  • Located in Nevada, United States with USD currency

Top Industries

Gaming
Technology
Logistics
Tourism
Manufacturing
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Reno Neighborhood Analysis

Discover the best neighborhoods for your business type in Reno

Reno offers a mix of commercial settings including the central business district, neighborhood retail corridors, and emerging development areas—each with unique rent-to-traffic dynamics

Successful Reno businesses match their location strategy to target demographics—downtown for office crowds, residential areas for neighborhood regulars, suburban for family-oriented services

Downtown/City Center

  • • Highest foot traffic density
  • • Premium rental costs
  • • Best for retail & restaurants
  • • Excellent public transport access

Business Districts

  • • High concentration of offices
  • • Ideal for B2B services
  • • Strong weekday traffic
  • • Growing food & beverage demand

Suburban Areas

  • • Lower rental costs
  • • Family-oriented demographics
  • • Ample parking availability
  • • Good for service businesses

Emerging Areas

  • • High growth potential
  • • Lower competition density
  • • Opportunity for early movers
  • • Rising property values

Reno Business Readiness Score

Data-driven viability assessment

B+
70
Overall Score
8
market size
12
income level
16
business activity
14
foot traffic
20
growth outlook

Industry Synergy Opportunities in Reno

Top industries creating demand for specific business types

Technology

Tech workers value convenience, health, and quality dining near offices

Best Business Types:

Coffee Shop Restaurant Gym & Fitness

Tourism

Tourist traffic creates demand for dining, shopping, and hospitality

Best Business Types:

Restaurant Retail Store Hotel Services
Cost Analysis

Cost of Operations in Reno

Financial breakdown for a 1,500 sq ft location

Startup Investment

Basic Setup
3 months rent + basics
$167,000
Standard Buildout
6 months rent + furnishing
$334,000
Premium Finish
12 months rent + premium
$668,000

Monthly Operating

Rent (1,500 sqft) $39,000
Utilities & Services $3,900
Labor (2 employees) $4,800
Total Monthly
Break-even target
$47,700

Cost Insights

Affordable rent at $26/sqft enables competitive pricing strategies

Reno Market Entry Timing

Data-driven signals for optimal business launch timing

73 / 100
Good - Favorable Window

Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Entry Timing Factors

🚀 Very high growth trajectory - first-mover advantage available
⚖️ Moderate competition - balanced market entry
🚶 Good foot traffic (72) - organic visibility

Business Performance in Reno

Market dynamics and success indicators

Reno supports 110% more businesses per capita than typical markets, demonstrating strong local purchasing power

Local businesses average 7.2 years of operation—above the 5.8-year national median

Market Signals

Reno Insights That Guide Expansion

Each metric is generated for this city so every page tells a different story about demand, rents, and timing.

01

With 72/100 walk-by demand (~8% below peers), you can calibrate staffing to catch organic spikes.

02

The metro catchment is 1.8x larger than city limits (471,000 vs 264,000), opening suburban roll-out paths once the core site is stable.

03

Gaming, Technology, Logistics employers anchor daytime demand, making B2B partnerships a reliable lever.

04

Moderate competition gives you breathing room to test price points and service models. (moderate benchmark).

05

900 sq ft of space at $26/sq ft loads 4.7x the average salary onto COGS, keeping efficiency front and center.

FAQ

Frequently Asked Questions About Reno

Answers refresh based on Reno's live data so there's no duplicate copy across cities.

Can I rely on organic foot traffic in Reno?

Yes—pedestrian flow scores 72/100, about 8% below the cross-market average, so plan signage and staffing around steady discovery.

How far can I scale within the Reno metro?

The metro area pulls 1.8x the population of city proper, so once the flagship location performs you can replicate into surrounding districts without leaving the DMA.

How crowded is the Reno market?

Moderate competition in Reno means Moderate competition gives you breathing room to test price points and service models. Adjust launch playbooks to match the crowding level.

What growth trajectory is Reno on?

Reno carries a very high growth potential rating, which shapes whether you sprint into multi-unit rollout or pace hiring.

How expensive is retail space relative to incomes in Reno?

A 900-sq-ft footprint at $26/sq ft runs roughly 4.7x the local average income ($60,000). Layer in menu engineering or ticket-size plays to offset the rent load.

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