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
- Minimum State Requirements for Rural Areas
- Minimum State Requirements for Expansions
- Minimum State Requirements for Rural Recycling and Intellectual Property
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)