Clark County · Nevada · West · 660k residents
Las Vegas, NV: economy, jobs & business costs
The site-selection read on Las Vegas: labor costs, talent, corporate tax, energy, and business activity, with the Nevada median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,298/wk. Nevada's corporate income tax rate is 0%. Commercial electricity averages 10.2¢/kWh.
Compare Las Vegas side by side
Avg. weekly wage
$1,298/wk
Corporate income tax
0%
Bachelor's degree or higher
27.7%
Commercial electricity
10.2¢/kWh
Economic momentum
How fast Las Vegas's economy is moving, ranked against the US cities we track.
55/100
Steady
Ranks Las Vegas's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $430,000 |
| Price per sq. ft. | $250 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $1,300/mo |
| 2-bedroom rent | $1,600/mo |
| State & local income tax | 0% |
| Sales tax | 8.38% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,298/wk |
| Bachelor's degree or higher | 27.7% |
| Commercial electricity | 10.2¢/kWh |
| Businesses per 1k residents | 29.1/1k |
| Wage: Software developer | $129,940 |
| Wage: Registered nurse | $103,940 |
| Wage: General manager | $97,290 |
| Wage: Customer service | $39,560 |
| Wage: Warehouse worker | $36,700 |
| Wage: Heavy truck driver | $60,650 |
| Wage: Electrician | $70,890 |
| Wage: Retail salesperson | $33,720 |
| Cost of living index | 100 |
| Groceries index | 101 |
| Utilities | $195/mo |
| Transit pass | $65/mo |
| Gas price | $3.95/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,100/mo |
| Median household income | $66,000 |
| Unemployment rate | 5.4% |
| Population | 660k |
| Crime index | 51/100 |
| School rating | 5.0/10 |
| Walkability | 42/100 |
| Disaster risk | 100/100 |
| Avg. commute | 26 min |
| Sunny days / year | 294 days |
| July high | 106°F |
| January low | 38°F |
| Annual snowfall | 0 in |
| Home price YoY | -2.9% |
| Home price MoM | -0.4% |
| Rent YoY | -0.2% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | +1.3% |
| Building permits YoY | -35.1% |
| Ocean coast | 237 mi |
| Big lake | 41 mi |
| Mountains | 32 mi |
| Major airport | 7 mi |
| Ski resort | 33 mi |
Popular comparisons
Nearby
- Winchester, NV · 37k
- Sunrise Manor, NV · 200k
- Paradise, NV · 186k
- Whitney, NV · 47k
- Spring Valley, NV · 219k
Similar size
- Henderson, NV · 332k
- North Las Vegas, NV · 279k
- Reno, NV · 273k
- Enterprise, NV · 240k
- Sparks, NV · 110k
Real listings in Las Vegas
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Las Vegas a good place to run a business?
- Nevada's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,298/wk; commercial electricity averages 10.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Las Vegas, NV?
- Las Vegas indexes at 100 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,600/mo and a median home value of $430,000.
- How much does a house cost in Las Vegas?
- The median home value in Las Vegas is $430,000 (compiled estimate; individual listings vary).
- How much is rent in Las Vegas?
- A two-bedroom in Las Vegas rents for about $1,600/mo.