Markets: Las Vegas

MSA population (rank): 2.11 million (29th)

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Since 2010: +8 percent

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Major pro team: NHL expansion franchise to begin play in 2017-18

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Nearest teams: In Los Angeles, 270 miles away

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

TV teams: Dodgers, Angels, Giants, A’s, Diamondbacks, Padres, Lakers, Clippers, Sacramento Kings, L.A. Kings, Ducks

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

TV households (rank): 736,700 (40th)

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Metro GDP (rank): $103.3 billion (36th)

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Fortune 1000 HQs (rank): 8 (30th)

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Employment profile: Driven by tourism and hospitality, Vegas has more than twice the concentration of personal care and service jobs as other markets of similar size, largely because that’s where about 35,000 of the city’s gaming jobs are categorized. Thanks to its strip hotels and nearby resorts, it also has double the concentration of building and grounds maintenance jobs as other markets and over-indexes by 75 percent in food prep and serving jobs. Orlando and San Antonio have similar clusters in those areas, but at far lower rates, making Vegas unlike any of the other markets we examined.

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Places to play: Opened in April, the $375 million T-Mobile Arena is slated to become home to the Vegas Golden Knights NHL expansion team beginning next season. Nevada legislators also have approved $750 million in public funding toward a $1.6 billion stadium built to attract an NFL team — likely the Oakland Raiders, or possibly the San Diego Chargers.

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

— Bill King

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)

Appraisal

LAS VEGAS
 
Income profile (annual):
Household median: $51,552
Household, 60th percentile: $64,358
Household, 80th percentile: $99,285
Median, family of four: $71,727
Discretionary, family of four (rank): $3,438 (60th)


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