Everything You Need to Know About the City of Las Vegas Nevada

In 2018, Las Vegas, Nevada had a population of 645k people with a median age of 38.1 and a median household income of $53,575 dollars. Between 2017 and 2018 the population of Las Vegas, NV grew from 641,708 to 644,664, a 0.461 percent increase and its median household income declined from $56,699 dollars to $53,575 dollars, a -5.51 percent decrease.

The population of Las Vegas, NV is 42.3 percent White Alone, 34.6 percent Hispanic or Latino, and 10.6 percent Black or African American Alone. N/A% of the people in Las Vegas, NV speak a non-English language, and 89.2 percent are U.S. citizens.

The largest universities in Las Vegas, NV are College of Southern Nevada (5,093 degrees awarded in 2017), Brightwood College-Las Vegas (439 degrees), and Milan Institute-Las Vegas (421 degrees).

 

Education in Las Vegas

In 2017, universities in Las Vegas, NV awarded 6,939 degrees. The student population of Las Vegas, NV is skewed towards women, with 14,936 male students and 22,190 female students.

Most students graduating from Universities in Las Vegas, NV are White (2,358 and 34.2 percent), followed by Hispanic or Latino (1,948 and 28.3 percent), Black or African American (819 and 11.9 percent), and Asian (752 and 10.9 percent).

The largest universities in Las Vegas, NV by the number of degrees awarded are College of Southern Nevada (5,093 and 73.4 percent), Brightwood College-Las Vegas (439 and 6.33 percent), and Milan Institute-Las Vegas (421 and 6.07 percent).

The most popular majors in Las Vegas, NV are Nursing Assistant & Patient Care Assistant (747 and 10.8 percent), Liberal Arts & Sciences (583 and 8.4 percent), and General Studies (497 and 7.16 percent).

The median tuition costs in Las Vegas, NV is $N/A for private four-year colleges, and $2,850 dollars and $9,628 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

The median property value in Las Vegas, NV is $285,000 dollars, and the homeownership rate is 53.3 percent. Most people in Las Vegas, NV commute by Drove Alone, and the average commute time is 25.4 minutes. The average car ownership in Las Vegas, NV is 2 cars per household.

 

Economy in Las Vegas

The economy of Las Vegas, NV employs 295k people and Las Vegas has an unemployment rate of 5.0 percent. Las Vegas has seen the job market increase by 3.5 percent over the last year. Future job growth over the next ten years is predicted to be 39.0 percent, which is higher than the US average of 33.5 percent. The largest industries in Las Vegas, NV is Retail Trade (34,791 people), Accommodation & Food Services (45,688 people), and Health Care & Social Assistance (29,884 people), and the highest paying industries are Utilities ($90,432 dollars), Mining, Quarrying, & Oil & Gas Extraction ($62,091 dollars), and Information ($61,162 dollars).

Households in Las Vegas, NV have a median annual income of $53,575 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $56,699 dollars in 2017, which represents a -5.51 percent annual growth.

 

Tax Rates for Las Vegas

– The Sales Tax Rate for Las Vegas is 8.3 percent.

– The Income Tax Rate for Las Vegas is 0.0 percent. 

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Las Vegas

– The average earnings of a Las Vegas resident is $25,555 dollars a year.

– The Median household earnings of a Las Vegas resident is $50,903 dollars a year.