Living in Las Vegas, Nevada
Cost of living, income, home prices, rent and demographics of Las Vegas · Census data 2020–2024
Las Vegas has 660,400 residents with a median age of 38.6. The median household income is $73,877 (6% lower than the Nevada median), the median home value is $427,900, the median rent is $1,563/month.
Las Vegas at a glance
- Population
- 660,400
- Median age
- 38.6State: 39.1
- Median household income
- $73,877State: $78,260
- Median home value
- $427,900State: $435,400
- Median rent
- $1,563/moState: $1,597
- Homeowners
- 56.6%
- Bachelor's degree or higher
- 27.7%
- Average commute
- 26 min
Is Las Vegas a good place to live?
Pros: Home values about the same as the state median.
Cons: Median household income 6% lower than the Nevada median; an average commute of 26 minutes; unemployment of 7.4%; a poverty rate of 14%.
The weather is best in March–April and October–November.
Cost of living in Las Vegas
Housing is the biggest part of the cost of living. In Las Vegas the median home value is $427,900, 29% higher than the U.S. median. Renters pay a median of $1,563 per month, which is 34.7% of household income. Homeowners with a mortgage pay $1,933 a month in housing costs.
Las Vegas median household income
The median household income in Las Vegas is $73,877 and the income per person is $39,906. 14% of residents live below the poverty line (Nevada: 12.4%).
Housing in Las Vegas: homes for sale and rent
- Housing units
- 267,654
- Owner-occupied
- 56.6%
- Renter-occupied
- 43.4%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.64
Las Vegas demographics
- Population
- 660,400
- Median age
- 38.6
- Under 18
- 22.4%
- 65 and older
- 16%
- Households
- 247,741
- Foreign-born
- 20.9%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Las Vegas ›
Education in Las Vegas
27.7% of adults 25 and older in Las Vegas have a bachelor's degree or higher (Nevada: 27.9%), and 10.1% have a graduate or professional degree.
Jobs and commute in Las Vegas
- Unemployment rate
- 7.4%State: 7%
- Average commute
- 26 minState: 25 min
- Work from home
- 12.1%
- Drive alone
- 70.9%
- Public transit
- 2.5%
- Walk to work
- 1.3%
- Homes with broadband
- 91.7%
Las Vegas vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Las Vegas | 660,400 | $73,877 | $427,900 | $1,563 |
| Summerlin South | 31,354 | $117,035 | $672,400 | $2,509 |
| Spring Valley | 219,187 | $74,511 | $433,800 | $1,743 |
| Winchester | 37,081 | $50,120 | $302,800 | $1,220 |
| North Las Vegas | 278,595 | $79,542 | $404,400 | $1,705 |
| Nellis AFB | 5,087 | $68,652 | — | $2,143 |
| Paradise | 185,913 | $59,190 | $384,200 | $1,372 |
| Sunrise Manor | 200,218 | $58,421 | $320,000 | $1,397 |
| Whitney | 47,221 | $67,155 | $329,000 | $1,574 |
More for people moving to Las Vegas
Las Vegas ZIP code ›Weather and climate ›Living in Las Vegas: FAQ
What is the median household income in Las Vegas, NV?
The median household income in Las Vegas is $73,877, 6% lower than the Nevada median of $78,260 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Las Vegas?
The median home value in Las Vegas is $427,900, compared with $435,400 in Nevada.
How much is rent in Las Vegas?
The median gross rent in Las Vegas is $1,563 per month, about 34.7% of household income.
Is Las Vegas, NV a good place to live?
Pluses: home values about the same as the state median. Minuses: median household income 6% lower than the Nevada median; an average commute of 26 minutes; unemployment of 7.4%; a poverty rate of 14%.
What is the median age in Las Vegas?
The median age in Las Vegas is 38.6 years (Nevada: 39.1).
How long is the commute in Las Vegas?
The average commute to work in Las Vegas is 26 minutes; 12.1% of workers work from home.
What is the unemployment rate in Las Vegas?
The unemployment rate in Las Vegas is 7.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Las Vegas?
27.7% of adults in Las Vegas have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: