Las Vegas has continued to rank first nationally in employment growth since 1995, according to the Arizona State University Economic Outlook Center. With Clark County's consistently low unemployment rate, Las Vegas is projected to maintain its position well into this new millennium. The population explosion has resulted in great opportunities for new businesses and more jobs. Outlook Magazine recently named Las Vegas as one of the top five cities in the country to live. Because tourism adds up to nearly one-third of the state's annual tax revenue, business owners are not subject to corporate income tax or franchise, inventory or unitary taxes.
Residents pay no personal income tax.
The minimal tax burden means that Nevadans can keep more of the money they earn. U.S. Commerce Department's Economic Analysis Bureau ranks Las Vegas as the top metro area for income per capita, with a continual annual growth rate of 2.3 percent. If you are planning to relocate, Las Vegas should be at the top of your list of desirable locations. More Information . . .