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For the entire decade of the 1990s, Las Vegas was the fastest growing metro area in the nation! Low unemployment, an expanding skilled laborforce, an exceptional tax structure,a pro-business environment and a great climate all give Las Vegas the"total package."
Each month, a spectacular 2.5 million visitors and 6,000 new residentsflock to Las Vegas to enjoy its warm climate, fabulous resorts,unparalleled entertainment, western lifestyle and economic prosperity.The current population is estimated at 1.2 million.
Las Vegas has continued to rank first nationally in employment growthsince 1995, according to the Arizona State University Economic OutlookCenter. With Clark County’s consistently low unemployment rate, LasVegas is projected to maintain itsposition well into the millennium.
The population explosion has resulted in great opportunities for newbusinesses and more jobs. Las Vegas continually ranks among the topcities in job growth — an important element to people relocating.Outlook Magazine recently named Las Vegas as one of the top five citiesin the country to live. Inc. Magazine rated Las Vegas as the # 1entrepreneurial city in America, citing the 17,000 new businesses thatstarted in Nevada last year. Fortune Magazine named Las Vegas asthe #2 city in the country in which to do business.
Because tourism adds up to nearly one-third of the state’s annual taxrevenue, business owners are not subject to corporate income tax orfranchise, inventory or unitary taxes.Residents pay no personal income tax. The minimal tax burden means thatNevadans can keep more of the money they earn. U.S. CommerceDepartment’s Economic Analysis Bureau ranks Las Vegas as the top metroarea for income per capita, with a continual annual growth rate of 2.3%.
If you are planning to relocate, Las Vegas should be at the top of yourlist of desirable locations. Apartment Selector extends a warm welcome —and to call Las Vegas home.
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