Las Vegas, Nevada Income Statistics
Las Vegas Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Las Vegas Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,149 | $78,637 | $80,455 |
| Median Personal Income | $53,026 | $54,226 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.9% | 4.8% |
| Six-Figure Earners | 10.9% | 11.7% | 13.9% |
| $200k+ Households | 10.3% | 10.9% | 13.2% |
The median household income in Las Vegas is about 7% lower than in Nevada. Income has been growing slower in Las Vegas (4.7%/yr) than in Nevada (4.9%/yr).
About 11% of adults in Las Vegas earn six figures ($100,000 or more) a year, lower than the Nevada average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Las Vegas, Nevada grew by 34.8% from 2009 to 2024, reaching $73,149 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Las Vegas
| Metric | Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.557 | 0.546 | 0.552 |
| Male Median Income | $60,007 | $62,240 | $69,667 |
| Female Median Income | $51,965 | $52,310 | $56,850 |
| Gender Pay Gap | 13.4% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Las Vegas, it is 0.557, higher than Nevada's 0.546, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 15% more than women's income in Las Vegas, Nevada. Over a 35-year career, a 15% wage gap accumulates to roughly $281,470 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Las Vegas, Nevada has narrowed from about 19% to 13% in 2024. Over that period the gap was narrowest at 11% in 2022. In dollar terms, the gap has narrowed by $84 since 2009.
Employment
| Metric | Las Vegas | Nevada Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.4% | 6.9% | 5.2% |
| Working from Home | 11.8% | 11.9% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 23,433 people are unemployed in Las Vegas, Nevada.
The average commute time in Las Vegas is 23 minutes, longer than the 22 minutes in Nevada.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Las Vegas, Nevada has fallen from 11.2% to 7.4% in 2024. Over that period the rate peaked at 13.8% in 2013 and fell as low as 6.7% in 2019.
Las Vegas, NV Wealth Compared With Nearby Cities
Las Vegas, NV is the largest of the 6 cities compared here, 628,856 residents against a local median of 186,450. There is no headline here. Every measure below sits within 15% of the median across the nearest cities, which makes Las Vegas, NV an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is unemployment, 12% below the local median at 7.4% against 8.4%. Las Vegas, NV has the 2nd lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Las Vegas, NV | 628,856 | $73,149 #4/6 | 4.7%/yr #2/6 | 7.4% #2/6 | 0.557 #6/6 |
| Summerlin South, NV | 29,809 | $117,366 | 3.7%/yr | 3.1% | 0.517 |
| Spring Valley, NV | 217,800 | $74,098 | 4.5%/yr | 7.7% | 0.534 |
| Winchester, NV | 36,180 | $50,917 | 4.6%/yr | 8.9% | 0.544 |
| North Las Vegas, NV | 280,670 | $80,287 | 5.2%/yr | 8.4% | 0.546 |
| Paradise, NV | 186,450 | $58,596 | 4.3%/yr | 9.7% | 0.551 |
Conclusion
Considering all these factors, Las Vegas, Nevada has an overall wealth index grade of C, making it about on par with Nevada, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Las Vegas, Nevada.
How Rich Is Las Vegas, Nevada?
Las Vegas has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $73,149, about 7% lower than the Nevada average of $78,637.
Are incomes growing in Las Vegas, Nevada?
Between 2009 and 2024, the median household income in Las Vegas, Nevada rose 35%, from $54,269 to $73,149. Over the same years, income here lagged behind Nevada as a whole: +35% against +41%.
What was the median household income in Las Vegas in 2023?
In 2023, the median household income in Las Vegas, Nevada was $70,428, up 6% from $66,153 in 2022. The Nevada median that year was $75,604.
What was the median household income in Las Vegas in 2020?
In 2020, the median household income in Las Vegas, Nevada was $58,448. By 2024 it had risen 25% to $73,149.
What is the Gini coefficient in Las Vegas, Nevada?
The Gini coefficient in Las Vegas is 0.557. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Las Vegas, Nevada?
Since 2009, the income gap between men and women in Las Vegas, Nevada has narrowed from about 19% to 13% in 2024. Over that period the gap was narrowest at 11% in 2022. In dollar terms, the gap has narrowed by $84 since 2009.
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