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LAS VEGAS, a Spanish Word That Means “The POPULATION CLARK COUNTY Meadows,” Is More Than Just a City of Gaming

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LAS VEGAS, a Spanish Word That Means “The POPULATION CLARK COUNTY Meadows,” Is More Than Just a City of Gaming PopulationFacts LAS VEGAS, a Spanish word that means “the POPULATION CLARK COUNTY meadows,” is more than just a city of gaming. It 1,912,000 is a place where lives are created and families are raised everyday. Dubbed “the fastest growing AVERAGE AGE OF ADULTS metropolitan city in the U.S.,” there has been a steady growth in the Valley for many years with no signs of 47.9 slowing down; with focus on education, community MEDIAN HOUSEHOLD INCOME outreach programs, transportation, senior care and our youth. $47,320 PERCENT POPULATION MARRIED A land that maintains a steady climate and is not ravaged by natural disasters, combined with 51.8% an appealing tax structure, has been enticing new POPULATION WHO HAS CHILDREN companies to “set up shop” giving Las Vegas a bursting economy that has attracted more 32% than 750,000 new residents to the Valley since the early nineties. The latest population prediction in the Las Vegas Valley is 2 million people by 2005. Las Vegas to many has become a new beginning. Come join us in our “Oasis in the Desert.” WHY ARE PEOPLE HERE & FACTS WHERE DO THEY LIVE? New residents come from all parts of the country, with County, Nevada and rises 2,174 feet above 38% relocating from California. Why are people so sea level. eager to move to Las vegas? The city is... 290 miles NE of Los Angeles 17.5% Like the Area 378 miles NW of Phoenix 13.9% To Live Near Relatives 675 miles SE of San Francisco 13.1% For a Better Lifestyle 447 miles S of Reno 13.1% Retirement Las Vegas sees sunshine 85% of the year 53.4% Single Family Homes (roughly 310 days) with low humidity and 30.3% Apartment only 4.47 inches of rainfall per year. 10.1% Condo/Townhome 4.2% Mobile Homes Average high 80 F 1.4% Duplex Average low 58 F 62.3% Own Homes 37.7% Rent Average Apartment Rent $807.32 2 • Equity Title of Nevada PopulationFacts COSTOFLIVINGANALYSIS COMPOSITE SALES STATE AVERAGE UNEMPLOYMENT MEDIAN MEDIAN HOME INDEX TAX INCOME TAX ELECTRICITY RATE FAMILY INCOME PURCHASE PRICE LAS VEGAS, NV 80 7.75% NO TAX $50 3.30% $47,320 $315,618 Phoenix, AZ 87 7% $906 $66 2.60% $34,172 $190,000 Seattle, WA 108 9% No Tax $30 3.10% $39,860 $260,000 Denver, CO 135 7% $1,550 $53 2.60% $32,038 $320,000 Tucson, AZ 81 7% $906 $66 2.30% $27,208 $172,000 Boise, ID 99 5% $2,025 $35 3.30% $35,663 $212,000 Reno, NV 88 7% No Tax $62 2.80% $36,200 $210,000 Sacramento, CA 101 8% $517 $59 4.10% $33,087 $250,000 San Diego, CA 136 8% $517 $78 3.20% $39,318 $340,000 NO personal income tax, state income tax. inheritance tax, gift or estate taxes Low taxes in Nevada have made Las Vegas $100,000 X .35 = $35,000 assessed value the place to be for industrial and To calculate the tax, multiply the assessed professional growth, as inventory or value by the tax rate ($3.2546 per hundred corporate taxes are levied. dollars of assessed value). The Assessor’s office of Clark County $35,000 (assessed value) x .032546 (tax rate) determines the value of each parcel of land = $1,139 taxes for the 2001-02 fiscal year. wether improved or unimproved. The value is multiplied by 35% to acquire the Payments are made quarterly and due assessed value of property. as follows: Property taxes are figured by multiplying 1st Quarter the assessed value by the tax rate, which 3rd Monday of August for the 2001-2002 tax year was on average $3.25 per $100 of assessed value. 2nd Quarter 1st Monday of October To calculate the tax on your home, let's assume you have a home with a taxable 3rd Quarter value of $100,000, located in the City of Las 1st Monday of January Vegas. The tax rate for 2001-02 in the City is $3.2546 per hundred of assessed value. To 4th Quarter determine the assessed value, multiply the 1st Monday of March taxable value of the home ($100,000) by the assessment ratio (35%): WHATPEOPLEDO Self-Employed Professional 9.0% Currently Not Employed 4.5% Employed Full-Time - Hotel/Gaming 13.1% Retired with Part-Time Employment 2.5% Employed Full-Time - Non-Hotel/Gaming 32.3% Retired without Employment 23.6% Employed Part-Time 5.8% Student 3.0% Homemaker 6.2% 3 • Las Vegas Relocation Guide ResourceFacts 2006 REAL ESTATE STATISTICS Single Family Home AVERGAGE UTILITIES Average Sales Price $382,835 Median Square Footage 1,960 Basic service does not include taxes. Annual Number of Sales 49,496 Owner Occupied 83% ELECTRIC POWER Condo / Townhouse NEVADA POWER COMPAN Average Sales Price $256,636 Median Square Footage 1,221 $98.00 Recorded Sales 7,852 Owner Occupied 46% NATURAL GAS SOUTHWEST GAS CORP. HOW OLD ARE THE HOMES? $36.00 0-12 mos. 5.6% 1-5 years 28.8% 6-10 years 18.9% TELEPHONE 11-15 13.2% EMBARQ TELEPHONE CO. 16-20 years 10.3% 21 or more 23.2% $11.00 CLARK COUNTY POPULATION WATER 2000 1,428,600 LAS VEGAS VALLEY WATER DISTRICT 2001 1,498,200 $28.00 2002 1,578,200 2003 1,641,000 2004 1,747,000 SEWER 2005 1,815,000 2006 1,912,000 CLARK COUNTY SANITATION $16.00 WATER DISPOSAL REPUBLIC SERVICE OF SOUTHERN NEVADA $10.00 4 • Equity Title of Nevada ResourceFacts UTILITIES SANITATION, WATER, SEWER, DISPOSAL ELECTRIC, GAS, DISPOSAL CLARK COUNTY SANITATION DISTRICT NEVADA POWER COMPANY 5857 E. FLAMINGO RD. LAS VEGAS, NV 89122 6226 W. SAHARA AVE. LAS VEGAS, NV 89102 702-458-1180 24-HOUR CUSTOMER SERVICE: 702-367-5555 PARA SERVICIO EN ESPAÑOL: 702-367-5554 CITY OF NORTH LAS VEGAS WATER, TOLL FREE: 800-331-3103 SEWER & GARBAGE TDD: 702-367-5080 P.O. BOX 4086 NORTH LAS VEGAS, NV 89030 702-633-1484 SOUTHWEST GAS CORPORATION 4300 W. TROPICANA AVE. LAS VEGAS, NV 89103 CITY OF LAS VEGAS SEWER SERVICES CUSTOMER SERVICE: 702-365-1555 3RD FLOOR, CITY HALL 400 E. STEWART AVE. GENERAL OFFICES: 702-876-7011 LAS VEGAS, NV 89101 702-229-1289 REPUBLIC SERVICES OF NEVADA 770 E. SAHARA AVE. LAS VEGAS, NV 89104 LAS VEGAS VALLEY WATER DISTRICT GENERAL OFFICE: 702-735-5151 1001 S. VALLEY VIEW, LAS VEGAS, NV 89153 CUSTOMER SERVICE: 702-870-4194 PHONE CABLE EMBARQ TELEPHONE COMPANY COX COMMUNICATIONS RESIDENTIAL PHONE SERVICE 121 S. MARTIN L. KING BLVD. LAS VEGAS, NV 89106 330 S. VALLEY VIEW BLVD. LAS VEGAS, NV 89107 702-383-4000 CUSTOMER SERVICE: 702-244-7400 TOLL FREE: 1-800-877-7077 ACM, INC. CITY OF HENDERSON 605 OAKMONT DR., SUITE 2402 LAS VEGAS, NV 89109 CORRECT NUMBER? UTILITY SERVICES MGC COMMUNICATIONS CITY HALL OFFICE 3301 N. BUFFALO RD. LAS VEGAS, NV 89129 240 S. WATER ST., ROOM 207 702-310-3100 HENDERSON NV 89015 702-267-5900 NEVADA TELEPHONE 1700 S. MAIN ST., LAS VEGAS, NV 89104 702-648-1863 BOULDER CITY UTILITIES PROCELL ELECTRONICS 4685 E. CHARLESTON BLVD. LAS VEGAS, NV 89104 WATER & ELECTRIC 702-457-8111 401 CALIFORNIA AVE. BOULDER CITY, NV 89005 702-293-9244 5 • Las Vegas Relocation Guide ResourceFacts U.S. POSTAL SERVICE General Information Hotline: 800-275-8777 Web site: www.usps.gov OFFICE LOCATION ZIP SERVED Las Vegas Main Office 1001 E. Sunset Road 89193 Airport Station McCarran Int’l Airport 89111 Blue Diamond Blue Diamond Road 89004 Bonanza Station 901 W. Bonanza Road 89106 - 89127 Boulder City 1101 Colorado St. 89005 - 89006 Downtown Station 301 Stewart Ave. 89101 - 89125 East Las Vegas 4948 S. Mountain Vista 89112 - 89121 89122 - 89160 Federal Station 300 Las Vegas Blvd. South 89101 Garside 1801 S. Decatur Blvd. 89102 - 89107 89126 Green Valley Station 2722 N. Green Valley Pwky 89012 - 89014 89016 - 89104 Henderson 404 S. Boulder Highway 89009 - 89011 89015 Huntridge Station 3115 E. Olive St. 89104 - 89116 89185 Meadow Mesa Station 4904 Camino Al Norte 89031 Nellis AFB Branch 89191 North Las Vegas 1414 E. Lake Mead Blvd. 89030 - 89031 89033 - 89036 Paradise Valley 4975 S. Swenson St. 89109 - 89119 89132 Red Rock Vista 2449 N. Tenaya Way 89108 - 89129 89130 - 89101 89133 Spring Valley 3375 S. Rainbow Blvd 89103 - 89113 89117 - 89180 Strip Station 3100 S. Industrial Rd 89114 Summerlin Station 1611 Spring Gate Lane 89128 - 89134 89137 - 89138 Sunrise Carrier Unit 4885 E. Carey Ave 89110 - 89115 Sunset Carrier Unit 950 S. Pilot Road Ste I 89118 - 89120 89123 - 89139 University Branch 4632 S. Maryland Parkway 89170 6 • Equity Title of Nevada ResourceFacts POPULATION GROWTH, combined with NEWSPAPERS great job potential ensures the continued success Las Vegas has experienced well into the new millennium. The Las Vegas Weekly industries in construction, manufacturing, durable and 2290 Corporate Circle Henderson, NV 89014 non-durable goods, wholesale and retail, education, 702-259-4180 housing, public administration and transportation exhibit the greatest employment potential in Las Vegas Las Vegas CityLife with over 35.8 million visitors and more than 3.8 million Las Vegas Press Ste. 111 con- ventionees coming to Las Vegas in 2000 pumping over $36 million into the local economy, conventions and 1385 Pama Lane Las Vegas, NV 89119 tourism have continued to be the city’s top industries. 702-871-6780 As the steady growth of Las Vegas continues, the city’s Las Vegas Business Press economic future through the next decade is quite strong. 3335 Wynn Rd. Las Vegas, NV 89102 With no signs of slowing down, more and more people 702-383-0211 from all over the country are calling Las Vegas home.
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