A giga ripple: Tesla effect will add jobs in Carson City

Tesla’s gigafactory is estimated to bring 764 new jobs to Carson City over the next 20 years — and that doesn’t count residents who actually will be working at the battery plant.

State Demographer Jeff Hardcastle, making his annual estimates of population growth on Thursday, said effects of the Tesla plant are likely to ripple widely across the area’s economy.

As the estimated 6,500 workers at the Tesla plant spend money on everything from health care to dog food, employers across the region will be adding new jobs.

To provide some sense of scale, the 764 new jobs that would result from the Tesla ripple would be about as many people as currently work for the Carson City municipal government.

If anything, Hardcastle said, his estimates of the Tesla-related ripple may be too low.

And he notes that much will depend on where Tesla employees live.

The state demographer uses a sophisticated software tool created by Regional Economics Model Inc. to estimate the effects of basic employers — the companies that bring fresh dollars to town and drive the economy.

Among the factors that Hardcastle plugs into the model are the historical commuting patterns around the region. But the planned construction of USA Parkway from Tahoe Reno Industrial Center to Highway 50 at Silver Springs is likely to change those patterns.

In Lyon County, where both Fernley and Dayton are expected to feel big effects from the Tesla facility, Hardcastle projects the Tesla ripple will create 865 jobs in the next two decades.

And the jobs number plays a key part in estimating the population growth of a region.

The total population of Carson City is estimated to increase to 69.965 in 2033, compared with an estimated 54,772 today.

The Tesla ripple will add about 4,600 people to the Carson City population.

Without the effects of the Tesla plant, the demographer estimates that Carson City will see more than 7,364 additional jobs in the next 20 years.

The biggest gains in Carson are expected in employment of professional, scientific and technical workers as well as the healthcare industry.

The Lyon County economy is projected to add 4,294 jobs even without the Tesla ripple. Its total population is estimated to increase to 73,415 in 2033 compared with 53,331 currently. The Tesla effect, Hardcastle estimated, by itself will add nearly 10,000 people to Lyon County.

Statewide, Hardcastle projects population growth of 528,000 people over the next 20 years — with more than 328,000 coming in the Las Vegas area alone. Gaming and tourism will drive growth in southern Nevada.

The State Demographer, who works in the Nevada Small Business Development Center at the University of Nevada, Reno, prepares estimates that are used in the preparation of the state’s budget as well as other planning.




Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment