When determining the cost of living, it is important to consider the tax rates. The tax rate in Sandy Valley is 8.3%, which is higher than the US average of 6.0%. In addition, the city has a 0.0% income tax rate, which can have an impact on your cost of living. Also, the average annual income in Sandy Valley is $27,395 compared to the US average of $28,555.
The Census Bureau's definition of a housing unit includes a house, apartment, mobile home, room, or other structure used for habitation. Sandy Valley's share of renter-occupied units is 23.0%, which is less than in neighboring cities like Fallon and Reno.
The city's primary economic activity is retail trade. It also has many other businesses geared toward visitors, such as many inns and hotels, art galleries, boutiques, and restaurants. The city's population is small, but it is thriving. There are around 3,000 residents, and it is home to more than 40,000 shoppers each day.
The town was named after a family that lived in Lower Sandy Valley. This family was devoted to education. They were known to take on the challenges of learning the trade. In addition to their own businesses, they operated a thriving salt and flour mill. Their home was called Gavitt Place, and the residents of the area were known as the "knowledge seekers."