Are you thinking about moving to Las Vegas? In this article we will go over the top 10 reasons why you should consider moving to Las Vegas.
Before you pack your bags, and hire long distance movers, you should know that Las Vegas is an entirely unique place that isn’t quite like any other place in which you’ve lived. When people think of Las Vegas, they picture slot machines, glitzy casinos, themed hotels and entertainment extraordinaire.
However, there is a lot more to this world-famous getaway destination, and nearly 2 million people valley-wide call Las Vegas home. If you are thinking about moving to Las Vegas, here are ten reasons why you should.
1. Homes are still Affordable – For Now
The median home value in Las Vegas is $300,000.
Las Vegas home values have risen 13.2% in the past year.
Prices in Sin City are currently still relatively affordable, though upward pressure on price may change that.
One advantage of the Las Vegas market is that home prices haven’t skyrocketed like they have in certain parts of the country.
2. Moving to Las Vegas Is Affordable
Since Las Vegas has no shortage of place, and plenty of money flowing in from the tourism industry – living in Las Vegas is surprisingly affordable compared to what you’d experience in other major cities.
When you consider job offers before moving to Las Vegas, take the low cost of living into account.
3. No State Income Tax
If you like to save money, you’ll love moving to Las Vegas because Nevada has no state income tax.
The state earns the money it needs from tourism, casino resort fees and from a slightly higher sales tax rate of 8.25%.
Since Nevada has no state income tax, it is also one of the easiest places in the country to open a new business.
4. Low Property Taxes
Property taxes in Nevada pay for local services such as roads, schools and police. However, Nevada’s property tax rates are among the lowest in the U.S.
Homeowners in Nevada are protected from steep increases in property tax bills by Nevada’s property tax abatement law, which limits annual increases in property tax bills to a maximum of 3% for homeowners.
Another great feature of Las Vegas is that it draws some serious talent.
As a Vegas resident you’ll have access to amazing shows, and you may be able to score last-minute deals on tickets.
If you love music and going to big concerts is your thing, then moving to Las Vegas will be a game-changer.