2011 Truckee Business Directory

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Truckee Facts Location

Located in the Sierra Nevada mountain range, Truckee is just 200 miles northeast of San Francisco, 100 miles east of Sacramento, California, 40 miles west of Reno, Nevada and 12 miles north of Lake Tahoe, California.

Elevation

Downtown Truckee – 5,980 ft. Donner Summit – 7,239 ft. Donner Peak – 8,019 ft. Mt. Judah – 8,243 ft.

Population & Housing

Town of Truckee Population – 16,618 Total Housing Units – 12, 297 Detached Single Family – 10,012 Attached Single Family – 380 Multiple Family, 2 to 4 – 920 Multiple Family, 5 plus – 690 Mobile Homes – 209 Occupied Housing Units – 6,405 Percent Vacant Housing Units – 47.23% Persons Per Household – 2,561

Median Household Income: $59,000 (SOURCE: 2000 U.S. CENSUS)

Truckee Single Family Homes: Median price: $400,000 (Average days on market 103) Truckee Condos: Median price: $347,000 (Average days on market 172) (SALES INFORMATION OBTAINED FROM TAHOE SIERRA MULTIPLE LISTING SERVICE DEEMED RELIABLE BUT NOT GUARANTEED. DATA FOR AREAS REPORTED ARE 007, 008, 009 INCLUSIVE.)

Average Rent: $1,500 to $1,700 (approx.) 3-bedroom, 2-bath, 2-car garage (SOURCE: BETTER HOMES & GARDENS REAL ESTATE-MASON MCDUFFIE/DAN POWERS – CB RENTALS TRUCKEE)

Climate

Average Summer Temperature: 40–79º (Fahrenheit) Average Winter Temperature: 17–42º (Fahrenheit) Average Total Snowfall: 201 inches Average Total Precipitation: 30 inches

Town Boundary

34 square miles of largely developed land in the eastern portion of Nevada County. Residential Land: 35.3% Commercial Land: 0.11% Industrial Land: 0.90% Parks, Public/Quasi Public: 17.2% Undeveloped: 28.4%

Government

Truckee was first established in 1863; incorporated in 1993. The Town of Truckee is one of three incorporated cities in Nevada County (Grass Valley and Nevada City are the other two). The Town is governed by five council members, elected at-large for four-year terms. Elections are held every other year, and terms are staggered. Sales Tax (State and Local): 8.875% State of California 8.25% Nevada County Library .125% Truckee Measure V – Roads .5%

(SOURCE: WESTERN REGIONAL CLIMATE CENTER)

(SOURCE: CA DEPARTMENT OF FINANCE, AS OF JANUARY 1, 2010)

2011 BUSINESS DIRECTORY

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WWW.TRUCKEE.COM

Sales Tax Revenue 2009/2010: $2,406,784 2008/2009: $2,824,335 2007/2008: $3,703,638 2006/2007: $3,548,969 Transient Occupancy Tax (TOT): 10% 2009/2010: $1,431,927 2008/2009: $1,333,990 2007/2008: $1,434,819 2006/2007: $1,295,908

Major Employers

Bank of the West Boreal Mountain Resort Clear Capital Northstar-at-Tahoe Resort at Squaw Creek Ritz-Carlton Highlands Safeway Sierra College Squaw Valley Ski Corp. Sugar Bowl Resort Tahoe Donner Association Tahoe Forest Hospital Town of Truckee

For more information about the Town of Truckee visit www.townoftruckee.com


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