2026 State of the Economy

The momentum is real. Here are the numbers.

Highlights from our 2026 State of the Economy, including the regional outlook from Applied Analysis.

2025 ResultsNorthern Nevada in 2025

Companies are moving here

$534M
invested by 11 relocating and 4 expanding companies
  • 593new jobs created
  • $76.8Kaverage salary of those jobs
  • Globalprospects from Europe, Asia, and Canada

Local companies are hiring

772
jobs created by companies already here
  • 697more jobs projected in 2026
  • $53M+invested in 4 expansions adding 195 jobs
  • 307local companies supported

Startups are thriving

$554M
raised by 20 Northern Nevada startups
  • $1Bventure funding in the past year
  • 348startups supported, 41 newly launched
  • 1sttech unicorn in Reno
$26B+in projects planned or under construction across the region
  • Tesla
  • Apple
  • Google
  • Panasonic
  • Switch
  • Microsoft
Applied Analysis regional outlook

What the 2026 outlook shows

01

Ranked #1 for economic strength

#1
of 949 U.S. metro and micro areas

Area Development ranked Reno the top metro in the country for job growth, unemployment trends, and advanced industry output.

02

Talent keeps moving here

1.3%
annual labor force growth, vs. 0.6% for the U.S.
  • #5State for talent attraction in 2025 (Lightcast)
  • Top 10Inbound state in 2025 (United Van Lines)
03

Training built with industry

850+
Tesla employees through a 4 week program

TMCC’s accelerated technician certificate is a national model for fast entry into advanced manufacturing, and UNR ranks #1 in the U.S. for nursing licensure pass rates.

04

Where digital infrastructure is headed

953%
projected data center capacity growth through 2030

JLL ranks Reno and Las Vegas the #1 growing data center hub in the U.S., backed by clean power like the 20 year Switch and Ormat geothermal agreement.

Connections

We make the introductions.

Thinking about the move? We connect you with the executives, founders, investors, and partners who can help, and bring you into the room at events like these.

Reno Startup Week1,900+ registered in 2026. The region’s biggest week for founders, investors, and companies.
State of the EconomyOur annual regional outlook with business and community leaders.
AFTER5! receptionsEvening networking with the region’s business community.
Free Founder FridaysOpen desk space and a place to meet other founders.
Complimentary support

Exploring a move? Let’s build the case.

From site visits to incentives and introductions, we support you every step of the way at no cost. In 2025 we hosted 176 site visits, a pace in the top 1% nationally.

Your contactMiguel Solanomiguel@northernnvnow.com
northernnvnow.com
50 W Liberty Street, Ste. 108, Reno, NV 89501
(775) 829-3700

Sources: Northern NV Now 2026 State of the Economy, including the Applied Analysis regional outlook (Area Development, BLS, Lightcast, United Van Lines, TMCC, UNR, JLL, Northern Nevada Community Development Map); Reno Startup Week 2026 registration.