Zip 89166 (Las Vegas, NV) Economy


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Las Vegas, NV 89166 is a great city to live in due to its affordability and amenities. The average rent for a two-bedroom apartment is $1,820, which is lower than the US’s average of $1,430. Additionally, the city's grocery cost index is higher than the US average; 104 versus 100 in the US. This means that groceries may be slightly more expensive here but it is still worth living in Las Vegas because of the large number of local companies. These companies include MGM Resorts International, Caesars Entertainment Corporation, Station Casinos LLC, Boyd Gaming Corporation and Southwest Gas Corporation. With all these businesses operating in this city, there are abundant employment opportunities and support services available to those who wish to move here.

Las Vegas (zip 89166) has an unemployment rate of 8.9%. The US average is 6.0%.

Las Vegas (zip 89166) 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 39.0%, which is higher than the US average of 33.5%.

Tax Rates for Las Vegas (zip 89166)
- The Sales Tax Rate for Las Vegas (zip 89166) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Las Vegas (zip 89166) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Las Vegas (zip 89166)
- The average income of a Las Vegas (zip 89166) resident is $25,507 a year. The US average is $28,555 a year.
- The Median household income of a Las Vegas (zip 89166) resident is $97,591 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLas Vegas, NevadaUnited States
  8.96
  -13.2%-6.2%
  39.0%33.5%
  8.3%6.2%
  0.0%4.6%
  $37,663$37,638
  $97,591$69,021
  $103,706$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.9%6.8%
  3.6%10.0%
  1.5%2.5%
  14.6%11.0%
  3.8%4.8%
  0.9%0.8%
  0.8%1.9%
  6.9%4.7%
  3.9%1.9%
  7.0%7.6%
  0.0%0.1%
  5.4%4.2%
  7.5%9.3%
  12.2%14.0%
  5.3%2.1%
  11.7%7.0%
  2.3%4.8%
  6.4%4.7%
Health