Las Vegas, NV
LAS VEGAS, NEVADA: Demographic and Financial Snapshot
(Last updated on 12.2.20)
AGE IN LAS VEGAS, NEVADA
| Age Range | Population | Percent |
| 20 to 24 years | 38,503 | 6.0% |
| 25 to 29 years | 47,369 | 7.3% |
| 30 to 34 years | 43,346 | 6.7% |
| 35 to 39 years | 40,306 | 6.3% |
| 40 to 44 years | 44,660 | 6.9% |
| 45 to 49 years | 47,577 | 7.4% |
| 50 to 54 years | 40,796 | 6.3% |
| 55 to 59 years | 38,048 | 5.9% |
| 60 to 64 years | 37,568 | 5.8% |
| 65 to 69 years | 31,126 | 4.8% |
| 70 to 74 years | 27,278 | 4.2% |
| 75 to 79 years | 17,451 | 2.7% |
| 80 to 84 years | 10,832 | 1.7% |
| 85+ years | 11,400 | 1.8% |
The median age in Las Vegas is 38.1 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN LAS VEGAS, NEVADA
| Ethnicity | Population | Percent |
| White | 379,389 | 58.9% |
| Black or African American | 73,470 | 11.4% |
| American Indian and Alaska Native | 9,803 | 1.5% |
| Asian | 47,686 | 7.4% |
| Native Hawaiian and Other Pacific Islander | 4,127 | 0.6% |
| Other | 96,141 | 14.9% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN LAS VEGAS, NEVADA
| Education Level | Population | Percent |
| Less than 9th grade | 29,874 | 6.8% |
| 9th to 12th grade, no diploma | 41,415 | 9.4% |
| High school graduate (includes GED) | 122,046 | 27.7% |
| Some college, no degree | 102,502 | 23.3% |
| Associate’s degree | 34,002 | 7.7% |
| Bachelor’s degree | 71,326 | 16.2% |
| Graduate or professional degree | 39,343 | 8.9% |
| High school graduate or higher | 369,219 | 83.8% |
| Bachelor’s degree or higher | 110,669 | 25.1% |
| Less than Bachelor’s degree | 329,839 | 74.9% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN LAS VEGAS, NEVADA
| Annual Household Income | Percent |
| Less than $10,000 | 7.4% |
| $10,000 to $14,999 | 4.3% |
| $15,000 to $24,999 | 9.8% |
| $25,000 to $34,999 | 10.5% |
| $35,000 to $49,999 | 14.2% |
| $50,000 to $74,999 | 17.7% |
| $75,000 to $99,999 | 12.7% |
| $100,000 to $149,999 | 13.4% |
| $150,000 to $199,999 | 5.1% |
| $200,000 or more | 4.8% |
Median household income: $54,694
Mean household income: $76,483
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN LAS VEGAS, NEVADA
| Education Level | Average Income |
| Less than high school graduate | $25,682 |
| High school graduate (includes GED) | $31,314 |
| Some college or Associate’s degree | $36,453 |
| Bachelor’s degree | $48,928 |
| Graduate or professional degree | $68,748 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN LAS VEGAS, NEVADA
| Population | Percent | |
| Population 15+ years | 519,575 | NA |
| Never married | 185,248 | 35.7% |
| Now married (except separated) | 226,307 | 43.6% |
| Separated | 10,338 | 2.0% |
| Widowed | 28,178 | 5.4% |
| Divorced | 69,504 | 13.4% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN LAS VEGAS, NEVADA
| Population | Percent | |
| Living beneath poverty line | 97,499 | 15.8% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN LAS VEGAS, NEVADA
| Owner-occupied housing units | 118,781 |
| Renter-occupied housing units | 107,615 |
| Single-family detached units | 156,494 |
| Homeownership rate | 52.5% |
| Vacancy rate | 11.4% |
| Renters rate | 47.5% |
| Average housing value | $274,652 |
| Average monthly owner cost (with/ mortgage) | $1,161 |
| Average rent | $928 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN LAS VEGAS, NEVADA
| Average income | $76,483 |
| Average household size | 2.73 |
| Percent population 16 years and over in labor force | 63.1% |
| Percent disabled | 13.1% |
| Percent with health coverage | 86.9% |
| Average travel time to work (in minutes) | 25.7 |
| Percent workers using public transportation | 4.0% |
| Percent veterans | 8.9% |
| Percent foreign born | 20.8% |
| Percent speaking Spanish at home | 10.5% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN LAS VEGAS, NEVADA
| Total consumer expenditures per household | $67,857.47 |
| Alcoholic beverages | $525.59 |
| Alcoholic beverages consumed at home | $315.12 |
| Beer consumed away from home | $89.39 |
| Wine consumed away from home | $45.84 |
| Apparel & services | $1,997.29 |
| Men’s apparel | $384.66 |
| Women’s apparel | $655.17 |
| Children’s apparel | $315.74 |
| Boys’ apparel | $106.18 |
| Girls’ apparel | $119.31 |
| Footwear | $456.76 |
| Dining out (food away from home) | $3,422.28 |
| Dining out – Breakfast | $352.49 |
| Dining out – Lunch | $1,074.43 |
| Dining out – Dinner | $1,581.86 |
| Education | $1,359.33 |
| Entertainment / recreation | $2,908.42 |
| Club membership fees | $208.26 |
| Dating services | $0.69 |
| Pet food | $226.86 |
| Pet services | $60.64 |
| Food consumed at home | $4,764.60 |
| Bakery products consumed at home | $623.45 |
| Dairy products consumed at home | $485.17 |
| Fruits and vegetables consumed at home | $938.53 |
| Meat, poultry, fish, eggs consumed at home | $1,060.91 |
| Nonalcoholic beverages consumed at home | $464.01 |
| Snacks / other food products consumed at home | $1,656.54 |
| Health care | $5,272.80 |
| Medical services | $990.78 |
| Nonprescription drugs | $130.05 |
| Household Services | $1,858.41 |
| Care for the elderly and handicapped | $62.05 |
| Lawn and garden services | $395.09 |
| Housekeeping services | $164.44 |
| PC repair | $6.20 |
| Housing | $21,405.23 |
| Home improvements | $2,327.58 |
| Utilities, fuel, and public services | $4,439.64 |
| Phone services | $1,626.68 |
| Water | $682.90 |
| Life and other insurance | $383.03 |
| Pensions and social security | $7,272.58 |
| Personal care products and services | $827.65 |
| Hair care products | $99.57 |
| Personal care products | $354.42 |
| Local transportation | $7,830.23 |
| Gasoline | $2,064.94 |
| Vehicle maintenance and repair | $1,056.11 |
| Travel | $1,987.13 |
| Airline fares | $492.27 |
| Auto / truck rental on trips | $23.65 |
| Lodging on trips | $533.38 |
| Food and drink on trips | $481.08 |
| Entertainment on trips | $168.89 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN CLARK COUNTY (home to LAS VEGAS, NEVADA)
| % with any debt in collections | 39% |
| Average debt in collections | $1,958 |
| % with medical debt in collections | 21% |
| Average medical debt in collections | $665 |
| % with student loan debt | 14% |
| Average student loan debt | $15,208 |
| Average monthly student loan payment | $154 |
| % with auto debt | 31% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN LAS VEGAS, NEVADA
| Year | Population | Percent |
| January 2019 | 14,805 | 4.8% |
| February 2019 | 13,612 | 4.3% |
| March 2019 | 13,364 | 4.3% |
| April 2019 | 12,924 | 4.1% |
| May 2019 | 13,154 | 4.2% |
| June 2019 | 14,349 | 4.6% |
| July 2019 | 14,234 | 4.5% |
| August 2019 | 13,339 | 4.2% |
| September 2019 | 12,797 | 4.0% |
| October 2019 | 12,368 | 3.9% |
| November 2019 | 11,608 | 3.7% |
| December 2019 | 11,222 | 3.5% |
| January 2020 | 12,802 | 4.0% |
| February 2020 | 12,615 | 3.9% |
| March 2020 | 23,096 | 7.3% |
| April 2020 | 91,617 | 32.1% |
| May 2020 | 74,936 | 27.1% |
| June 2020 | 50,926 | 16.7% |
| July 2020 | 47,936 | 15.8% |
| August 2020 | 45,274 | 14.9% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
Read More
Learn more about Nevada, lending statistics in the following cities…