Spanish Springs Subregion - Sparks, Washoe County, Nevada

New Residential Construction Activity Spanish Springs Subregion - Sparks, Washoe County, Nevada 4Q 2017 Activity Status Under Construction Stopped Construction Approved Pending City of Sparks Boundary 12 W CALLE DE LA PLATA ISIDOR CT 13 16 17 3 6 PYRAMID WAY 5 ALAMOSA DR 5 8 10 11 SUNSET SPRINGS LN CALLE DE LA PLATA 14 15 0 0.5 1 1.5 2 Miles (Refer index # to accompanying report for project details) 26 EAGLE CANYON DR PYRAMID WAY 33 43 53 56 57 61 62 60 65 67 68 70 69 71 73 72 76 74 79 LA POSADA DR 32 35 34 38 36 40 37 52 78 41 66 VISTA BLVD 49 55 45 75 Spanish Springs Subregion 82 LOS ALTOS PKWY 84 SPARKS BLVD VISTA BLVD 83 92 RANCHO DR 100 QUEEN WAY 86 N MC CARRAN BLVD BARING BLVD DISC DR 0 88 91 89 SHADOW LN S LOS ALTOS PKWY 90 94 99 N D`ANDREA PKWY 87 102 Í LVD

Index to New Residential Construction Activity Map Spanish Springs Subregion - Washoe County, Nevada # of Units Approved on Tentative Maps # of Tentative Units Recorded on Final Maps # of Final Mapped Units Total Remaining that have Closed "Approved/ Escrow Unsold" Units Constructed Units Ready for Sale (Standing Inventory) Map Index Project Name Developer/Owner Location Project Status 53 Kiley Ranch North MF - West Rising Tides LLC Pyramid Hwy & Lazy 5 Pky Approved 737 - - 737-57 Kiley Ranch North MF - East Rising Tides LLc North of Existing Kiley Projec Approved 577 - - 577 61 Pioneer Meadows Village VIIIB Tanamera Construction Between Wingfield/Kiley Ranch Approved 255 - - 255 62 Lumina @ Spanish Springs Ph I Sunroad 6400 Rolling Meadows Dr Under Construction 330 - - 330 86 Vineyard @ Galleria Tanamera Construction Disc Dr & Galleria Pkwy Under Construction 210 - - 210 - MULTI-FAMILY Approved Multi Family Subtotal: 2,109 - - 2,109 - Avg Sale Price of New Homes (4Q- 17) 3 Pebble Creek Pebble Creek II INC 1.4 miles N of Calle de Plata Under Construction 344 344 305 39 1 $ 627,930 1 38 5 Harris Ranch Spanish Springs Associates Pyramid Hwy/Alamosa Dr Approved 610 - - 610 - $ - - - 8 Shadow Ridge Ryder Homes 1/2 Mi N of Calle dela Plata Under Construction 390 249 179 211 7 $ 483,979 12 63 10 Blackstone Estates SP58, LLC Pyramid Hwy/Calle de la Plata Approved 161 - - 161 - $ - - - 11 Sugarloaf Ranch Estates Sugarloaf Peak, LLC Pyramid Hwy/Calle de la Plata Approved 119 - - 119 - $ - - - 13 Silent Sparrow Spanish Springs Associates Silent Sparrow Dr & Lanstar Dr Approved 24 24-24 - $ - - - 14 Eagle Canyon 4 Unit 3 Lennar Homes Pyramid Hwy/Calle de la Plata Under Construction 125 125 15 110 2 $ 428,308 11 108 15 Autumn Trails Pinnacle Land Holdings LLC Terminus of Hayfield Dr Under Construction 43 43 24 19 - $ 608,566 4 19 16 Eagle Canyon Ranch Spanish Springs Associates Ruddy Way (Eagle Canyon) Under Construction 452 133 27 425 - $ 404,385 8 106 17 Pyramid Ranch Annex Spanish Springs Associates Sand Dune Dr & Dromedary Rd Approved 61 - - 61 - $ - - - 34 Stonebrook Village A1/B1 RRW Stonebrook LLC SEC La Posada/SR445 Approved 106 106-106 - $ - - 106 35 Stonebrook Village D1 RRW Stonebrook LLc SEC La Posada/SR445 Approved 114 114-114 - $ - - 114 41 Sierra Shadows MTA Investments, LLC Wingfield Springs/Baldwin Wy Approved 17 - - 17 - $ - - - 45 Starcrest: Horizon Place Lennar Homes Hubble/Wisdom Under Construction 125 125 119 6 3 $ 428,817 11 3 49 Meadow Springs CEB Holdings Near The Foothills Stopped Construction 81 81 18 63 - $ - - 63 52 Candelara Lennar Homes Rolling Meadows/Fen Way Under Construction 129 129 77 52 3 $ 364,330 10 49 55 The Foothills Village 11 Silverado Homes Vista Blvd & Passage Dr Under Construction 109 109 45 64 1 $ 319,083 17 63 56 Pioneer Meadows V6 BPH I LLC NEC Rolling Meadows/WF Hills Approved 180 52-180 - $ - - 52 60 Pioneer Meadows Village 10 Lennar Homes Wingfield Hills/Rolling Meadws Approved 140 88-140 - $ - - 88 66 Wingfield Cove Village 30 West Coast Homebuilders Inc Wingfield Springs & Poco Rey Under Construction 123 123 32 91 5 $ 373,225 11 86 68 Riata Collection DR Horton Peppergrass Dr/Vista Under Construction 238 237 176 62 3 $ 300,255 14 58 69 Kiley Ranch V37c Rising Tides/KM2 Devel. NEC Kiley & Henry Orr Pkwys Approved 147 - - 147 - $ - - - 72 Kiley Ranch North V37A&B, V43 Rising Tides LLC Kiley Pkwy & Windmill Farms Rd Approved 394 - - 394 - $ - - - 73 Kiley Ranch V38 Jenuane Communities Kiley Ranch LLC SEC Kiley Pky/Sparks Blvd Under Construction 113 113 39 74 2 $ 334,016 10 72 76 Kiley Ranch V40 Kiley by Desert Wind LP Sparks Blvd/Nite Latch Under Construction 72 72 17 55 6 $ 399,275 13 49 78 The Summit York Reynen Custom Homes SWC Wingfield South Under Construction 50 50 28 22 - $ - - 22 79 The Cottages First Tee Development NEC Sparks Bl/First Tee Under Construction 80 80 70 10 1 $ 256,900 3 9 83 Ventana/Miramonte Corona Lasenda 2 LLC/Ryder Homes Vista Heights Dr Under Construction 986 589 533 453 6 $ 395,196 15 50 84 Galleria Station 2 Galleria by Desert Wind LP NEC Galleria/Costa Azul Under Construction 74 74 74 - - $ 360,679 9-88 Sky View Estates Silverado Sky Ridge LLC West of Sunset Pointe Stopped Construction 194 113 64 130 - $ - - 49 87 Miramonte Townhomes Fort Apache Homes E of Los Altos & Belmar Approved 448 - - 448 - $ - - - SINGLE-FAMILY DETACHED Approved Single-Family, Detached Subtotal: 6,249 3,173 1,842 4,407 40 149 1,267 No. of New Sales (4Q-17) # of Finished/Pa rtially Finished Lots Grand Total of Approved Units: 8,358 3,173 1,842 6,516 40 149 1,267

Index to New Residential Construction Activity Map Spanish Springs Subregion - Washoe County, Nevada Map Index Project Name Developer/Owner Location Project Status # of Units Approved on Tentative Maps # of Tentative Units Recorded on Final Maps # of Final Mapped Units Total Remaining that have Closed "Approved/ Escrow Unsold" Units Constructed Units Ready for Sale (Standing Inventory) Avg Sale Price of New Homes (4Q- 17) No. of New Sales (4Q-17) # of Finished/Pa rtially Finished Lots Type 33 Stonebrook MF RRW Stonebrook LLC SEC La Posada/SR445 Pending 240 MF 71 Golden Triangle Village MF Golden Triangle, LLC Vista Blvd Pending 625 MF 94 Sierra View Townhomes Olsen Investments N of Los Altos/Tecumseh Pending 45 SF-ATT 6 Pebble Creek Estates Mystic Mountain LLC End of Pebble Creek Dr Pending 83 SF-DET 12 Broken Hill Subdivision Barker Coleman Communities NE of Eagle Canyon and Airport Pending 170 SF-DET 26 Sonoma Highlands Sonoma Highlands LLC West of Eagle Canyon Pending 2,583 SF-DET 32 Stonebrook Village B2 RRW Stonebrook LLC SEC La Posada/SR445 Pending 60 SF-DET 36 Stonebrook Village C1 RRW Stonebrook LLC SEC La Posada/SR445 Pending 126 SF-DET 37 Stonebrook PD Balance RRW Stonebrook LLC SEC La Posada/SR445 Pending 905 SF-DET 38 Stonebrook Village D2 RRW Stonebrook LLC SEC La Posada/SR445 Pending 85 SF-DET 40 Stonebrook Village C2 RRW Stonebrook LLC SEC La Posada/SR445 Pending 111 SF-DET 43 Stonebrook SF RRW Stonebrook LLC SEC La Posada/SR445 Pending 390 SF-DET 65 Kiley Ranch North Ph.7 Rising Tides/KM2 Devel. NEC Kiley & Henry Orr Pkwys Pending 507 SF-DET 67 Kiley Ranch North Ph.8 Rising Tides/KM2 Devel. NEC Kiley & Henry Orr Pkwys Pending 343 SF-DET 70 Kiley Ranch North Ph.6 balance Rising Tides/KM2 Devel. NEC Kiley & Henry Orr Pkwys Pending 537 SF-DET 74 Golden Triangle Village SF Golden Triangle, LLC Vista Blvd Pending 361 SF-DET 75 Wingfield Commons Foothills at Wingfield LLc E of Golden Eagle Park Pending 817 SF-DET 89 Eagle Peak Discovery Builders NEC Sparks Blvd/Satellite Dr Pending 40 SF-DET 90 Sierra View Estates Delmont Associates apn 514-010-85 Pending 8 SF-DET 91 Liam Court Seraliam, LLC Spanish Springs/Bria Cir (SEC) Pending 7 SF-DET PENDING PROJECTS Total Units Pending Approval: 8,043 NOTES: Green = Under Construction; Orange = Stopped Construction ; Blue = Approved; Red = Pending Approval The total number of approved units on tentative maps represents the total approved units at build out. The actual number of units upon completion of the development may change due to lot size changes at the final map stage. The total number of recorded units on final maps represents the number of units in approved subdivision "phases" and have obtained the necessary permits to begin construction. The final map units are a subset of the tentative map units. The difference between "approved" and "recorded" units is the number of units remaining to be released in future phases of the development. The number of final map units that have closed escrow are the number of units that have transfered from the original builder to a private owner, according the county assessor records. The remaining "approved-unsold" units in each subdivision are the difference between the total number of tentative map units and the number of units that have closed escrow. Standing inventory units are fully constructed and ready for sale, but are still owned by the original builder. This number may include model homes for each subdivision. The average sale price of new homes lists the average transaction price during the reported quarter for homes within that particular subdivision, according to county assessor records. Finished/partially finished lots are vacant parcel lots owned by the developer that are part of the final map inventory. These vacant parcel lots may or may not include utilities. Proposed Units:

Index Project Name Unit Type Unabsorbed Units 12/31/17 Estimated Annual Absorption Unit Absorption Projections by Subdivision Spanish Springs Subregion - Washoe County, Nevada Occ- Rate Household Size Year 1: 2018 Year 2: 2019 Year 3: 2020 Year 4: 2021 Year 5: 2022 Green = Under Constr.; Brown = Stopped Constr.; Blue = Approved; Red = Pending Approval Estimated Annual Number of Units Absorbed by Project: Estimated Annual Population Increase by Project: 3 Pebble Creek SF 39 20.00 0.90 3.12 20 19 - - - - - - - - 56 53 - - - - - - - - 5 Harris Ranch SF 610 12.00 0.94 3.12 12 12 12 12 12 12 12 12 12-35 35 35 35 35 35 35 35 35 6 Pebble Creek Estates SF 83 12.00 0.90 3.12 12 12 12 12 12 12 11 - - - 34 34 34 34 34 34 31 8 Shadow Ridge SF 211 52.00 0.94 3.12 52 52 52 52 3 - - - - - 153 153 153 153 9 - - - - - 10 Blackstone Estates SF 161 12.00 0.94 3.12 12 12 12 12 12 12 12 12 12-35 35 35 35 35 35 35 35 35 11 Sugarloaf Ranch Estates SF 119 12.00 0.94 3.12 12 12 12 12 12 12 12 12 12-35 35 35 35 35 35 35 35 35 12 Broken Hill Subdivision SF 170 12.00 0.90 3.12 12 12 12 12 12 12 12 - - - 34 34 34 34 34 34 34 13 Silent Sparrow SF 24 12.00 0.90 3.12 12 12 - - - - - - - - 34 34 - - - - - - - 14 Eagle Canyon 4 Unit 3 SF 110 32.00 0.90 3.12 32 32 32 14 - - - - - - 90 90 90 39 - - - - - - 15 Autumn Trails SF 19 12.00 1.00 2.57 12 7 - - - - - - - - 31 18 - - - - - - - - 16 Eagle Canyon Ranch SF 425 24.00 0.90 3.12 24 24 24 24 24 24 24 24 24 24 67 67 67 67 67 67 67 67 67 67 17 Pyramid Ranch Annex SF 61 12.00 0.90 3.12 12 12 12 12 12 1 - - - - 34 34 34 34 34 3 - - - 26 Sonoma Highlands SF 2,583 12.00 0.96 2.81 12 12 12 12 12 12 12 - - - 32 32 32 32 32 32 32 32 Stonebrook Village B2 SF 60 12.00 1.00 2.87 12 12 12 12 12 - - 34 34 34 34 34 - - 33 Stonebrook MF MF 240 40.00 0.86 2.48 40 40 40 40 40 40-85 85 85 85 85 85-34 Stonebrook Village A1/B1 SF 106 12.00 1.00 2.87 12 12 12 12 12 12 12 12 10 34 34 34 34 34 34 29 35 Stonebrook Village D1 SF 114 12.00 1.00 2.87 12 12 12 12 12 12 12 12 12 34 34 34 34 34 34 34 36 Stonebrook Village C1 SF 126 12.00 1.00 2.87 12 12 12 12 12 12 12 34 34 34 34 34 34 34 37 Stonebrook PD Balance SF 905 12.00 1.00 2.87 12 12 12 12 12 12 12 34 34 34 34 34 34 34 38 Stonebrook Village D2 SF 85 12.00 1.00 2.87 12 12 12 12 12 12 12 34 34 34 34 34 34 34 40 Stonebrook Village C2 SF 111 12.00 1.00 2.87 12 12 12 12 12 12 12 34 34 34 34 34 34 34 41 Sierra Shadows SF 17 12.00 0.96 2.68 12 5 - - - - - - - - 31 13 - - - - - - - 43 Stonebrook SF SF 390 12.00 1.00 2.87 12 12 12 12 12 12 12 34 34 34 34 34 34 34 45 Starcrest: Horizon Place SF 6 24.00 0.94 3.12 6 - - - - - - - - - 18 - - - - - - - - - 49 Meadow Springs SF 63 12.00 0.94 3.12 12 12 12 12 12 3 - - - - 35 35 35 35 35 9 - - - 52 Candelara SF 52 32.00 1.00 2.87 32 20 - - - - - - - - 92 57 - - - - - - - - 53 Kiley Ranch North MF - West MF 737 40.00 0.86 2.48 40 40 40 40 40 40 40 40 40-85 85 85 85 85 85 85 85 85 55 The Foothills Village 11 SF 64 52.00 0.94 3.12 52 12 - - - - - - - - 35 - - - - - - - - 56 Pioneer Meadows V6 SF 180 12.00 1.00 2.87 12 12 12 12 12 12 12 12 12-34 34 34 34 34 34 34 34 34 57 Kiley Ranch North MF - East MF 577 40.00 0.86 2.48 40 40 40 40 40 40 40 40 40-85 85 85 85 85 85 85 85 85 60 Pioneer Meadows Village 10 SF 140 12.00 1.00 2.87 12 12 12 12 12 12 12 12 12-34 34 34 34 34 34 34 34 34 61 Pioneer Meadows Village VIIIB MF 255 40.00 1.00 2.87 40 40 40 40 40 40 15 - - 115 115 115 115 115 115 43 - - 62 Lumina @ Spanish Springs Ph I MF 330 80.00 0.86 2.48 80 80 80 80 10 - - - - - 170 170 170 170 21 - - - - - 65 Kiley Ranch North Ph.7 SF 507 12.00 1.00 2.87 12 12 12 12 12 12 12 - - - 34 34 34 34 34 34 34 66 Wingfield Cove Village 30 SF 91 36.00 0.96 2.68 36 36 19 - - - - - - - 93 93 49 - - - - - - - 67 Kiley Ranch North Ph.8 SF 343 12.00 1.00 2.87 12 12 12 12 12 12 12 - - - 34 34 34 34 34 34 34 68 Riata Collection SF 62 40.00 1.00 2.87 40 22 - - - - - - - - 115 63 - - - - - - - - 69 Kiley Ranch V37c SF 147 12.00 1.00 2.87 12 12 12 12 12 12 12 12 12-34 34 34 34 34 34 34 34 34 70 Kiley Ranch North Ph.6 balance SF 537 12.00 1.00 2.87 12 12 12 12 12 12 12 - - - 34 34 34 34 34 34 34 71 Golden Triangle Village MF MF 625 40.00 0.76 1.35 40 40 40 40 40 40 40 - - - 41 41 41 41 41 41 41 72 Kiley Ranch North V37A&B, V43 SF 394 12.00 1.00 2.87 12 12 12 12 12 12 12 12 12 34 34 34 34 34 34 34 34 34 73 Kiley Ranch V38 SF 74 28.00 1.00 2.87 28 28 18 - - - - - - - 80 80 52 - - - - - - - 74 Golden Triangle Village SF SF 361 12.00 0.93 2.90 12 12 12 12 12 12 12 - - - 32 32 32 32 32 32 32 75 Wingfield Commons SF 817 12.00 0.94 3.12 12 12 12 12 12 12 12 - - - 35 35 35 35 35 35 35 76 Kiley Ranch V40 SF 55 32.00 0.90 2.74 32 23 - - - - - - - - 79 57 - - - - - - - - 78 The Summit SF 22 4.00 0.93 2.90 4 4 4 4 4 2 - - - - 11 11 11 11 11 5 - - - - 79 The Cottages SF 10 12.00 1.00 2.87 10 - - - - - - - - - 29 - - - - - - - - - 83 Ventana/Miramonte SF 453 56.00 0.93 2.90 56 56 56 56 56 56 56 56 5-150 150 150 150 150 150 150 150 13-84 Galleria Station 2 SF 0 24.00 0.99 2.85 - - - - - - - - - - - - - - - - - - - - 86 Vineyard @ Galleria MF 210 80.00 1.00 3.81 80 80 50 - - - - - - - 305 305 191 - - - - - - - 87 Miramonte Townhomes SF-ATT 448 12.00 1.00 2.20 12 12 12 12 12 12 12 12 12-26 26 26 26 26 26 26 26 26 88 Sky View Estates SF 130 12.00 0.98 2.63 12 12 12 12 12 12 12 12 12-31 31 31 31 31 31 31 31 31 89 Eagle Peak SF 40 12.00 0.99 2.85 12 12 12 4 - - - - - - 34 34 34 11 - - - 90 Sierra View Estates SF 8 12.00 0.98 2.63 8 - - - - - - - - - 21 - - - - - - 91 Liam Court SF 7 12.00 1.00 2.70 7 - - - - - - - - - 19 - - - - - - 94 Sierra View Townhomes SF-ATT 45 12.00 0.98 2.63 12 12 12 9 - - - - - - 31 31 31 23 - - - MARKET AREA TOTALS: 14,559 596 795 628 793 645 630 597 555 477 429 1,539 2,123 1,634 2,022 1,651 1,615 1,522 1,404 1,190 1,083 Year 6: 2023 Year 7: 2024 Year 8: 2025 Year 9: 2026 Year 10: 2027 Year 1: 2018 Year 2: 2019 Year 3: 2020 Year 4: 2021 Year 5: 2022 Year 6: 2023 Year 7: 2024 Year 8: 2025 Year 9: 2026 Year 10: 2027 1) 2) 3) 2017 Housing Units Estimate (ESRI): 20,945 Projected Housing Units (Accumulative): 21,541 22,336 22,964 23,757 24,402 25,032 25,629 26,184 26,661 27,090 2017 Popuation Estimate (ESRI): 57,106 Projected Population (Accumulative): NOTES: 58,645 60,768 62,402 64,424 66,075 67,690 69,212 70,616 71,806 72,889 The "Unabsorbed Units" are the total number of units in approved and pending projects, less the number of units that have closed escrow as of the report date. The "Estimated Annual Absorption" comes from the calculated historical average SALES absorption rate of single-family projects based on county assessor records. For subdivisions with active sales, the Estimated Annual Absorption equals the most recent sales activity for that particular project. For approved and pending projects, the Estimated Annual Absorption is derived by looking at the project type and location and applying a comparable, known value from a similar type subdivision. Absorption rates for multifamily projects under construction are based on Johnson Perkins Griffin Apartment Survey data. Occupancy Rates and Average Household Sizes as reported by the 2015 American Community Survey (US Census Bureau) at the Census tract level, by type of housing unit. 1) 2) 3) ASSUMPTIONS: APPROVED projects (with tentative maps, but no final maps) and STOPPED CONSTRUCTION subdivisions are not estimated to begin building and selling before 2018. All PENDING subdivisions are assumed to begin building no earlier than 2020, which may or may not reflect the builder's timeframe after final approval. Only the identified subdivisions are included in the 10-year projections; additional residentially-zoned land indicates more subdivisions will likely be approved and come online during the next 10 years.

Demographic and Income Profile Spanish Springs Area: 289.43 square miles Prepared by Esri Summary Census 2010 2017 2022 Population 49,183 57,106 63,075 Households 17,273 19,777 21,732 Families 13,540 15,348 16,808 Average Household Size 2.84 2.88 2.90 Owner Occupied Housing Units 13,947 15,273 16,740 Renter Occupied Housing Units 3,326 4,505 4,992 Median Age 37.3 38.2 38.2 Trends: 2017-2022 Annual Rate Area State National Population 2.01% 1.52% 0.83% Households 1.90% 1.40% 0.79% Families 1.83% 1.36% 0.71% Owner HHs 1.85% 1.39% 0.72% Median Household Income 1.37% 1.45% 2.12% 2017 2022 Households by Income Number Percent Number Percent <$15,000 817 4.1% 932 4.3% $15,000 - $24,999 928 4.7% 983 4.5% $25,000 - $34,999 1,359 6.9% 1,356 6.2% $35,000 - $49,999 2,171 11.0% 2,147 9.9% $50,000 - $74,999 3,746 18.9% 3,474 16.0% $75,000 - $99,999 3,611 18.3% 4,033 18.6% $100,000 - $149,999 4,644 23.5% 5,626 25.9% $150,000 - $199,999 1,386 7.0% 1,737 8.0% $200,000+ 1,115 5.6% 1,444 6.6% Median Household Income $79,569 $85,188 Average Household Income $93,253 $103,721 Per Capita Income $32,641 $36,059 Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent 0-4 3,299 6.7% 3,586 6.3% 3,989 6.3% 5-9 3,665 7.5% 3,886 6.8% 4,144 6.6% 10-14 4,025 8.2% 4,156 7.3% 4,441 7.0% 15-19 3,477 7.1% 3,811 6.7% 4,052 6.4% 20-24 2,487 5.1% 3,322 5.8% 3,255 5.2% 25-34 5,910 12.0% 7,272 12.7% 8,627 13.7% 35-44 7,771 15.8% 7,996 14.0% 9,067 14.4% 45-54 7,734 15.7% 8,323 14.6% 8,119 12.9% 55-64 6,094 12.4% 7,468 13.1% 8,038 12.7% 65-74 3,213 6.5% 4,982 8.7% 6,015 9.5% 75-84 1,142 2.3% 1,826 3.2% 2,721 4.3% 85+ 367 0.7% 477 0.8% 606 1.0% Census 2010 2017 2022 Race and Ethnicity Number Percent Number Percent Number Percent White Alone 41,444 84.3% 46,626 81.6% 50,309 79.8% Black Alone 887 1.8% 1,147 2.0% 1,351 2.1% American Indian Alone 702 1.4% 821 1.4% 912 1.4% Asian Alone 2,358 4.8% 3,194 5.6% 3,882 6.2% Pacific Islander Alone 153 0.3% 201 0.4% 243 0.4% Some Other Race Alone 1,885 3.8% 2,691 4.7% 3,395 5.4% Two or More Races 1,753 3.6% 2,427 4.2% 2,983 4.7% Hispanic Origin (Any Race) 6,295 12.8% 8,765 15.3% 11,001 17.4% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. November 08, 2017 2017 Esri Page 1 of 2

Summary Total Firms 673 12,356 Total Employment 5,636 200,149 Average Wage* $17.56 $22.88 Total Annual Payroll** $177,313,672 $8,959,266,300 Firms by Industry Agriculture & Forestry 6 0.9% 40 0.3% Construction 118 17.5% 1,128 9.1% Educational, Health, & Social Services 63 9.4% 1,433 11.6% Entertainment, Accommodation, & Food Services 73 10.8% 1,193 9.7% Finance, Insur., & Real Estate 78 11.6% 1,420 11.5% Government 2 0.3% 126 1.0% Information 7 1.0% 163 1.3% Management & Admin. Services 66 9.8% 1,106 9.0% Manufacturing 9 1.3% 487 3.9% Mining 3 0.4% 31 0.3% Other Services 26 3.9% 928 7.5% Professional Services 81 12.0% 1,660 13.4% Retail Trade 65 9.7% 1,401 11.3% Transportation & Utilities 27 4.0% 513 4.2% Wholesale Trade 31 4.6% 621 5.0% Undefined 18 2.7% 106 0.9% Employment by Industry Agriculture & Forestry 35 0.6% 302 0.2% Construction 525 9.3% 12,468 6.2% Educational, Health, & Social Services 831 14.7% 41,502 20.7% Entertainment, Accommodation, & Food Services 1,393 24.7% 35,375 17.7% Finance, Insur., & Real Estate 235 4.2% 9,211 4.6% Government '10-19 d 8,238 4.1% Information 21 0.4% 1,904 1.0% Management & Admin. Services 185 3.3% 18,039 9.0% Manufacturing 33 0.6% 12,501 6.2% Mining 33 0.6% 103 0.1% Other Services 127 2.3% 5,075 2.5% Professional Services 228 4.0% 9,796 4.9% Retail Trade 1,512 26.8% 22,239 11.1% Transportation & Utilities 255 4.5% 14,870 7.4% Wholesale Trade 193 3.4% 8,401 4.2% Undefined 20 0.4% 125 0.1% Average Wage by Industry* Employment & Wages by Industry 2nd Quarter 2016 Averages Spanish Springs Subregion - Sparks, Washoe County, Nevada Spanish Springs Subregion Greater Reno-Sparks Agriculture & Forestry $14.52 $15.78 Construction $21.43 $25.12 Educational, Health, & Social Services $16.94 $25.23 Entertainment, Accommodation, & Food Services $9.62 $12.49 Finance, Insur., & Real Estate $21.53 $32.08 Government d $28.56 Information $49.39 $31.37 Management & Admin. Services $20.51 $21.98 Manufacturing $30.33 $28.27 Mining $33.75 $49.50 Other Services $13.52 $18.64 Professional Services $27.05 $33.41 Retail Trade $15.30 $16.15 Transportation & Utilities $19.04 $21.78 Wholesale Trade $28.34 $27.74 Undefined $30.18 $30.61 d- Disclosure limitations. *Wage estimates are calculated by dividing the quarterly payroll by the number of employees and 520 hours (13 weeks by 40 hours). The resulting estimates do not account for employees that work less than or more than 40 hours per week. **The Total Annual Payroll is calculated by multiplying the quarterly payroll by four (the number of quarters in a year). ***Wages for service workers may include tips. Data does not include most sole-proprietors. Totals and averages for city and county governments and school districts are assigned to parent locations. Individual totals and averages for each school and government satellite locations are not provided. Source: Department of Employment, Training, & Rehabilitation (DETR) for specific use by Center for Regional Studies 5/8/2017 Center for Regional Studies University of Nevada, Reno (775) 784-1771