The Las Vegas metro is home to 2,293,764 people (up 7.1% over five years), with a median household income of $73,845. Typical rent of $1,732/month works out to 28.1% of the median household income — near the 30% affordability threshold (Census ACS + Zillow, September 2026).
The share of Las Vegas's workforce by sector — the base of tenant demand:
| Sector | % of workforce |
|---|---|
| Arts, food & hospitality | 22.8% |
| Education & health care | 16.5% |
| Professional & management | 12.7% |
| Retail trade | 11.4% |
| Construction | 7.4% |
Arts, food & hospitality is the metro's largest employment base; a diversified mix beneath it spreads tenant-demand risk.
Rents at 28.1% of median income leave moderate headroom; underwrite rent growth conservatively. Market pricing, yields and the Star Score live on the Las Vegas market page; run a deal in the calculator.
At the 30%-of-income affordability rule, typical rent of $1,732/month suggests a household income around $69,000/year. The metro's median household income is $73,845.
By workforce share: Arts, food & hospitality (22.8%), Education & health care (16.5%), Professional & management (12.7%) (Census ACS 5-year).