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Las Vegas, Nevada Mortgage and Housing Information

Population: 478,434
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Las Vegas, Nevada and the U.S.
U.S.NevadaLas Vegas
Median home value
in year 2006		$185,200$315,200$309,800

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.NevadaLas Vegas
With a mortgage$1,402$1,617$1,647
Without a mortgage$399$401$413

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Las Vegas (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage23,89218.5%
First Mortgage Only74,95158.1%
Second Mortgage and/or Home Equity Loan30,20023.4%
Total129,043100%

Tenancy in Las Vegas

How many people in Las Vegas live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes129,043
Renter-occupied homes79,829
Homes for sale5,165
Homes for rent9,899
Total235,232

Age of Las Vegas Residents

Median age for males and females (2000).
Males 33
Females 35

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.NevadaLas Vegas
Median Earnings$27,239$30,228$30,206
Median Earnings, Males$32,396$34,440$32,713
Median Earnings, Females$22,097$25,589$26,141

Males earn $6,572 (25.1%) more than Females in Las Vegas.

Commuting in Las Vegas

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo155,575
Carpooled31,736
Public Transit10,069
Bicycle814
Walking4,545
Other Means2,932
Total, Commuted205,671
Worked from home5,135
Total210,806

Time Spent Commuting in Las Vegas

Time spent commuting in Las Vegas
Time spent in minutesNumber of People
Less than 53,090
5-913,897
10-1423,498
15-1932,745
20-2443,725
25-2917,989
30-3439,580
35-395,004
40-445,795
45-599,522
60-895,820
Over 905,006

Education

Level of higher education for people over 25 years in Las Vegas (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College40,96921.8%42,10822.4%
Associate Degree12,7456.8%13,2877.1%
Bachelor's Degree26,37614.0%23,65112.6%
Master's Degree8,6864.6%10,1675.4%
Professional Degree3,8622.1%2,2021.2%
Doctorate Degree1,6010.9%7750.4%
Total (at least some college)94,23950.2%92,19050.1%
Total over 25187,767100%184,086100%

Comments on Las Vegas

July 24th, 2008

No trees here and kind of a dump. Not a bad place to have a conference or come here for a weekend and spend money. No point in having a second home here because there are so many rentals available

– Unregistered User

Latest comment on Las Vegas

July 24th, 2008

No trees here and kind of a dump. Not a bad place to have a conference or come here for a weekend and spend money. No point in having a second home here because there are so many rentals available

– Unregistered User

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