Las vegas : Nevada

What Las Vegas is like for active adults
Las Vegas Nevada is one of the fastest growing communities in the U.S. Located in the Nevada desert, legalized gambling has created a huge economy and attracted many new residents, including retirees in active adult communities. The Las Vegas strip is justly famous for its glitz and many attractions. Even if you don't ever bet a single nickel, it is worth it to see the astonishing architecture and excess that are Las Vegas trademarks.

Las Vegas is also about the hardest hit real estate market in the U.S. Overbuilding and speculation have created an enormous oversupply of homes, many of which are now in foreclosure.  It will take years to recover. There are, however, many excellent active adult communities to choose from in this enormousMetro. GIven the recently instability, one should be selective in choosing an established community that is solid financially. Average home prices in Las Vegas have had double digit percentage drops for months on end, the average price in the third quarter of 2009 was just under $138,500 (source: National Association of Realtors), less than half of what prices were at the 2006 peak. Dataquick reports the average selling price to be $130,000 in the same period, although prices differ tremendously by zip code.
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What is special about this retirement community
An exciting place to live with something for everyone. No income tax.
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What is not special about this retirement community
A new artificial town with a lot of tawdry aspects. Although there are many nice neighborhoods, driving everywhere and future water worries are real concerns
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What kinds of people like retiring here
People who like living in the desert. Being a gambler or entertainment junkie would help too
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Local economy is driven by
Gambling, tourism, construction
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Climate and Physical Environment
Las Vegas is in the Nevada desert - dry and mountainous. Summers are extremely hot, winters are mild. The average July high is 107 and the average January low is 37. Most rain comes in winter.
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Cultural environment
Go to the strip for any kind of entertainment
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Medical facilities
Las Vegas is full of top-rated medical facilities
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Transportation
Click Edit to add your suggestions
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Valuable Links
Las Vegas real estate update
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Facts about LAS VEGAS
  • State: NV
  • Environment: Urban,Suburban,College Town,Mountains,Desert,
  • City Population: 100,001+
  • Median age of Population: 0-24
  • Avg Jan Temperature: 41-60
  • Median HH Income: 41,001-60,000
  • Average Home Price (MLS): $200,001-$300,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 121+ (very high)
  • Cost of Living Index: 81-90 (low)
  • Culture Index: 121+ (very high)
  • State Sales Tax: Yes
  • State Income Tax: No
  • Name of the Guide: boomer1

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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