Las Vegas, Nevada Economy

Economy in Las Vegas, Nevada

Las Vegas has an unemployment rate of 7.2%. The US average is 5.2%.

Las Vegas has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 38.0%.

Tax Rates for Las Vegas
- The Sales Tax Rate for Las Vegas is 8.2%. The US average is 6.0%.
- The Income Tax Rate for Las Vegas is 0.0%. The US average is 4.6%.

Income and Salaries for Las Vegas
- The average income of a Las Vegas resident is $25,555 a year. The US average is $28,555 a year.
- The Median household income of a Las Vegas resident is $50,903 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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ECONOMY	Las Vegas, Nevada	United States
Unemployment Rate	7.2%	5.2%
Recent Job Growth	3.5%	1.6%
Future Job Growth	39.9%	38.0%
Sales Taxes	8.2%	6.0%
Income Taxes	0	0.046
Income per Cap.	$25,555	$28,555
Household Income	$50,903	$53,482
Family Median Income	$59,500	$65,443
POPULATION BY OCCUPATION
Agriculture, forestry, fishing, hunting	0.2%	1.3%
Mining, quarrying, oil and gas extraction	0.1%	0.6%
Construction	6.3%	6.2%
Manufacturing	2.6%	10.4%
Wholesale trade	1.8%	2.7%
Retail trade	12.0%	11.6%
Transportation and warehousing	3.7%	4.1%
Utilities	0	0
Information	1.8%	2.1%
Finance and insurance	3.4%	4.7%
Real estate, rental, leasing	2.9%	1.9%
Professional, scientific, technical services	5.9%	6.7%
Management of companies	0.2%	0.1%
Administrative, support, waste mgt svcs	6.6%	4.3%
Educational services	6.0%	9.3%
Health care and social assistance	9.6%	13.8%
Arts, entertainment, recreation	8.1%	2.2%
Accommodation, food services	19.1%	7.4%
Other services	4.8%	4.9%
Public administration	4.1%	4.8%

ECONOMY MAP

Unemployment Rate (US Avg: 5.2%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Las Vegas 330 Reviews

Dirty water. Nasty. - 11/20/2018
I don't agree with the water quality rating. The tap water quality (on the LV Strip) is absolutely disgusting. I wouldn't want to wash my dirty shoes in... Read More

William | Lakewood, CO | Reply | No Replies | Send Message

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Difficult and depressing place to live - 9/25/2018
Visited three different dentists and told three completely different things. Scammers afoot in Sin City. Very difficult place to live from the brutal heat to the... Read More

Greg | Whitney, NV | Reply | No Replies | Send Message

Put on hold when calling police - 6/27/2018
Las Vegas is the only place I've lived where I was put on hold when calling 911. Check out the Yelp reviews on Vegas police departments and you'll see. Another time I... Read More

Matt | Las Vegas, NV | Reply | 1 Reply | Send Message

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