According to the City of Las Vegas, around 5,500 new people arrive every year, bringing the population to over 650,000. If you count the entire metro area of more than 2.2 million people, that figure rises to 158,000 moving from California since 2020!

So why are so many people upping sticks and going to Las Vegas, Nevada? Let’s find out: 

Career Opportunities

For starters, Las Vegas offers exceptional career opportunities. It recently ranked among the top three cities in the U.S. for job market recovery after the pandemic: a testament to Nevada’s sensible economic policies. 

The main career opportunities in Las Vegas include: 

• Leisure and hospitality jobs – 26.8% of jobs
• Trade, transportation, and utility jobs – 19.1%
• Professional business services work (consultants, accountants, legal professionals) – 14.6%
• Education and health jobs (teachers, nurses, doctors, specialists) – 11.1%
• Government roles – 11%

There are also plenty of opportunities in the construction sector because Las Vegas is always building. Numerous contractors operate in the region and need people to construct new housing and business premises. 

Food And Entertainment

Las Vegas’s food and entertainment options are also encouraging people to move to the city. There’s always something to eat or do in town. 

The smattering of celebrity chef restaurants is a major pull. Gordon Ramsay runs Hell’s Kitchen (named after the TV series of the same name) located on Las Vegas Boulevard, which offers an all-American dining experience with a dramatic twist. Then there’s Nobu, a high-end restaurant by famous Japanese chef Nobu Matsuhisa, and the iconic É by José Andrés. 

You can also find plenty of all-you-can-eat options in the city. The Buffet at Wynn is the place to go for fresh food while the Wicked Spoon at The Cosmopolitan is for those wanting to sample smaller dishes (and preserve their figures!)

As for entertainment, Las Vegas spoils its residents. Places to go on The Strip include Bellagio Fountains (an outdoor water and light show) and the High Roller Observation Wheel that provides awesome city views (ideal for dates). You can also tour the Venetian Canals and enjoy the spirit of Venice in the heart of the American West, riding a gondola for a small fee. 

As you might imagine, Las Vegas’s nightlife centers around the Strip. Must-visit events include Omnia at Caesars Palace and XS at Wynn Las Vegas. For live performances, you can go to Drai’s Nightclub or various casinos for live shows by headliners, like magicians Penn & Teller, or bands, including Lady Gaga, Usher and more. 

Affordable Housing

Housing in Las Vegas isn’t cheap like it is in some of the southern states. However, it is more affordable than other locations, like California or New England. 

Data show residents pay $268 per square foot of real estate in Las Vegas, putting average home prices at $469,000. Given the demand for the available space, prices are rising faster now than at any other time in the last ten years, reflecting the need to leave nearby states like California. 

Starter homes in the city are cheaper. Residents pay around $300,000 for a first-time property with one or two bedrooms, rising to between $320,000 and $600,000 for a four-bedroom house in a reasonable neighborhood.  

The cost of living in Las Vegas is also below the national average (if only by 1%). Gas is $3.75 per gallon, energy bills are $215 per month, and a doctor’s visit is $121 per session, around 12% lower than the national average. 

However, food prices are slightly higher than the national average because of Las Vegas’s location in the country’s desert interior, but not by much. Expect to pay an extra 5% on weekly grocery shopping compared to the average U.S. city. 

Low Taxes

Low taxes are another reason people are moving from Los Angeles to Las Vegas. Nevada has no state income tax, unlike California, meaning residents can save between 1% and 12.3% per year just by hopping over the border. It also offers other low tax rates. For example, the sales tax is just 8.375% in Clark County (the sum of the State of Nevada sales tax rate and the county rate), which is below the 10.75% some California residents pay. And the property tax is only 0.77%, below the national average of 1.19%. 

Other specific tax benefits and incentives include: 

• No inheritance tax if you live there for more than three years
• No taxes on labor, franchises, or corporate income

Now You Know Why So Many People Are Moving To Las Vegas

After reading this article, you should have a clearer picture why so many people are moving to Las Vegas. Properties in the city are in high demand!

Software Developer

Software developers are at the heart of the Vegas tech scene and it’s not just Vegas either. The national employment level for this field is set to soar by 25%. It’s faster than all other occupations, too. Las Vegas is one of the most promising landscapes for those who want to create cutting-edge services or products. With an average salary of $120,000, it’s safe to say that if you are a tech professional, this is one of the best-paying jobs you could hope for.

Construction Worker

Construction within Las Vegas looks to be thriving right now. 83,000 people who are employed in the sector have experienced an increase in work. The demand for new infrastructure, such as the Sphere concert arena, has brought a lot of people to the Las Vegas area. When you combine this with a tight housing market, you will soon see that this is helping to drive a lot of new opportunities for those who work construction within the area. Working in construction is quite possibly one of the most rewarding jobs out there and if you do not have a degree, then you can still expect to earn a good wage.

Customer Service

Las Vegas is known for having a lot of different entertainment hubs. Customer service representatives play a huge role within the vibrant business scene. Whether you are engaging with guests at casinos or helping shoppers with their purchasing decisions, it’s safe to say that you can earn a lot of money by going into customer service. This is one of the best jobs for those who do not have a degree, so you should make sure that you give it some thought as it is one of the best options for those who don’t have a set career path in mind.

Tax Accountant

In Las Vegas, tax accountants have to work hard to navigate complex regulatory requirements. Salaries tend to vary quite a lot and the state has a diverse economy. Marked by industries such as real estate, tech and even gaming, this also comes with a range of unique challenges. Tax accountants who work within the city may find themselves having to work with large corporations on very delicate matters. If you love to work with numbers then you should give this some thought as it could be the gateway to a lot of new career opportunities.

Aerospace Engineer

If you want a career that is a bit more intensive then why not consider working as an aerospace engineer? Developments such as the Harry Reid Research Center are quickly proving that they can become a hub for innovation and they are also providing engineers with the chance to work on cutting-edge projects. You can feel confident knowing that you will be able to work closely with defense technologies and you will also be able to work with test ranges. You will be given the chance to work close to a range of industry conferences as well. If you have never given any thought to this kind of career before then it can give you a lot of opportunity and it is also known for having quite a lot of professional opportunities too.

HR Generalist

Do you love to work with people? If so then a job in HR could be for you. With Nevada’s opening rates for jobs topping the national average, it’s safe to say that this is a great opportunity if you want to work in the customer service sector. HR generalists tend to be tasked with the job of finding new talent as well as coordinating and training new team members. Employee relations are also very important. This role can be somewhat challenging but at the same time, it is also highly rewarding. You can earn quite a lot of money here too, so it’s a good option if you feel as though you are stagnating in your current career.

Warehouse Worker

Another job would be for you to become a warehouse worker. One thing to know about warehouse work is that Las Vegas has a very strategic position. It’s less than a day’s drive from 40 million customers, as the largest seaport isn’t far away. Distribution hubs and fulfillment centers all need to have warehouse workers. If you’re not afraid to be a little hands-on then you may find this to be an advantageous career option. This is one of the best roles for those who do not have a college degree. If you do have a degree but want to change your path then this could be a good career choice for you as you will be kept busy and you may find that you can progress to a management position.

Marketing Manager

If you want to become a marketing manager for a campaign that spans across the world then Las Vegas is the way to go. In Las Vegas, you will find a lot of top casino resorts that range from the Bellagio to The Venetian Resort. If you work within this sector then it is your job to engage with technology startups. The profession is set to grow by over 10% over the coming years and this is faster than the national average, which stands at 5% currently. There are a lot of opportunities to be had if you feel as though you are a creative or strategic person and most of the time, the salary will reflect the demand. You can expect to come away with a nice paycheck at the end of the day and if you have marketing experience then you can expect to enter the sector at a higher position. This gives you even more room for passion and it means you will be able to work up the ranks faster.

Administrative Assistant

It’s been proven time and time again that Las Vegas is one of the top cities when it comes to administrative assistants. You can expect to earn quite a lot of money here and it’s one of the best jobs in Vegas for those who want to be behind the scenes. You will be an organizational force and you will even be able to contribute to the general success of the company you are working for. A lot of big companies, that range from Zappos to Caesars Entertainment, often find themselves in need of employees who can do this kind of job. So make sure that you give it some thought if you suspect that you’d be very good at an administrative assistant role.

Call Center Representative

There has been an increase in those who want to work as call center representatives. This is an entry-level job but at the end of the day, there is room for so much potential. If you don’t have a college degree then this is a very viable option and it is especially suited to those who want to work in a fast-paced environment. The starting salary is good and you may even find that you can work your way up in no time at all. If you want a job that is largely performance-based then this is one that you won’t want to overlook. So make sure that you keep that in mind going forward.

Civil Engineer

Las Vegas will always be in need of experienced civil engineers. The fact that the environment is so unique, means that it brings challenges as well as opportunities. If you want to work within this sector then you can expect a solid starting salary, but if you have experience this will increase quite significantly.

Living in Las Vegas

So there you have it, some of the fastest-growing careers across Las Vegas. If you want to become more financially stable going forward, then pursuing any of the above options will give you plenty of flexibility and stability for 2024. If you are a young professional in need of housing opportunities, then we can help with that, especially if you are looking to move to Vegas for career development. Contact us today to learn more about Signature Management LV apartment communities today.