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.

Edit | History

What is special about this retirement community

An exciting place to live with something for everyone. No income tax.

Edit | History

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

Edit | History

What kinds of people like retiring here

People who like living in the desert. Being a gambler or entertainment junkie would help too

Edit | History

Local economy is driven by

Gambling, tourism, construction

Edit | History

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.

Edit | History

Cultural environment

Go to the strip for any kind of entertainment

Edit | History

Medical facilities

Las Vegas is full of top-rated medical facilities

Edit | History

Transportation

Click Edit to add your suggestions

Edit | History

Valuable Links

Las Vegas real estate update

Edit | History

Was this review helpful?

Yes

Please share your opinions on this community in the Forum
Register to become a Site Guide to Edit these sections or Add a Community If you have suggestions on how Topretirements.com could improve these reviews, contact us.
Suggest a community we want to know about your top retirement spots

Please note that all contributions to Topretirements may be edited, altered, or removed by other contributors. If you don't want your writing to be edited mercilessly, then don't submit it here. By submitting content and/or photographs here you agree to give Topretirements.com the rights to use them in any manner without cost or attribution.You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Project:Copyrights for details). DO NOT SUBMIT COPYRIGHTED WORK WITHOUT PERMISSION!

Forward to a Friend | print

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

Add Your City Photo here

Vote on the Ratings for Las Vegas

Total Ratings

1. Overall Retirement Ratings Discuss

Currently 0.00>/5
1
2
3
4
5