Las Vegas is a great place to live and work. It has some of the highest salaries in the United States, and the cost of living is relatively low. But what is the median salary for middle class people in Las Vegas?
The median household income in Las Vegas is $59,345, according to the U.S. Census Bureau. That puts it just slightly below the national average of $61,372. This median income is also slightly lower than the median salary for other large cities in the United States, such as Austin, Texas ($62,573) and Seattle, Washington ($70,879).
Generally, those making between $41,000 and $125,000 are considered middle-class. However, that range can vary depending on the cost of living in the area. For example, in Las Vegas, the median home price is $293,000, which is lower than other cities like Los Angeles ($719,000) and San Francisco ($1,052,000). This means that someone making $41,000 would have more buying power in Las Vegas than they would in Los Angeles or San Francisco.
Overall, the median salary for middle class people in Las Vegas is slightly lower than the national average, but the cost of living is also relatively low, so you can still get a lot of value for your money. Those making between $41,000 and $125,000 can comfortably live in Las Vegas and still enjoy the city’s many attractions.
What Is The Average Middle Class Income In Las Vegas?
If you’re planning to move to Las Vegas, it’s important to know the average middle class income in the area. Las Vegas is a popular destination for tourists and many people move to the city to start a new life. But before you take the plunge and move to Las Vegas, it’s important to know what you can expect as far as finances go. Here is an overview of the average middle class income in Las Vegas.
The median household income in Las Vegas is around $51,000. This means that half of the households in Las Vegas have an income of less than $51,000, while the other half have an income of more than $51,000. This is slightly lower than the national median household income of $56,000.
When breaking down the median household income by race, the average for Whites is $58,000, for Asians is $54,000, for African Americans is $44,000, and for Hispanic/Latinos is $55,000. This shows that the median household income in Las Vegas is lower than the national average for each racial group.
Las Vegas also has some of the highest-paying jobs in the nation, with the top 10 percent of earners taking home more than $150,000 a year. So, while there are some high-earners in Las Vegas, the average middle-class salary is much lower. The median household income in Las Vegas is around $51,000 and the highest 10 percent of earners make more than $150,000.
Las Vegas also has some of the highest costs of living in the country. According to the Council for Community and Economic Research, the cost of living in Las Vegas is six percent higher than the national average. This means that, while you may be making more money than the national average, you’ll also be spending more money on the same things. Housing, groceries, and other everyday costs will all be more expensive in Las Vegas than in other parts of the country.
In summary, the average middle class income in Las Vegas is around $51,000. This is lower than the national median household income of $56,000 and significantly lower than the highest 10 percent of earners who make more than $150,000 a year. Additionally, the cost of living in Las Vegas is higher than the national average, which means that you’ll have to make more money to cover the same costs in other parts of the country.
How Does Las Vegas Middle Class Salary Compare To The National Average?
Las Vegas is a popular vacation and entertainment destination, drawing millions of tourists each year. But what about those who live and work in the area? Is their pay in line with the national average? Let’s take a look:
According to the Bureau of Labor Statistics, the median salary in Las Vegas for all occupations is $47,890 – slightly lower than the national median of $51,939. However, the median salary for those in the middle class, or those earning between $35,500 and $85,500 annually, is much higher in Las Vegas. This figure is an impressive $71,150. It’s worth noting, however, that the cost of living in Las Vegas is slightly higher than the national average, which could mean that middle-class families are not able to save as much as those in other parts of the country.
When it comes to specific occupations, the median salaries in Las Vegas are slightly higher than the national median in some cases. For instance, the median salary of registered nurses in Las Vegas is $93,000, compared to the national median of $73,300. For the same occupation, those in Las Vegas also earn more than those in other major U.S. cities such as New York City ($67,220) and Los Angeles ($90,800).
If you’re a middle class worker in Las Vegas, you’re likely to make more than the national median salary. However, you should also keep in mind that the cost of living in the city is slightly higher than the national average, which could mean that you’re not able to save as much as you would in other parts of the country.
Below is a table that compares the median salary for some occupations in Las Vegas to the national and major city averages:
| Occupation | Las Vegas Median | National Median | New York Median | Los Angeles Median |
|---|---|---|---|---|
| Registered Nurse | $93,000 | $73,300 | $67,220 | $90,800 |
| Elementary School Teacher | $49,210 | $56,900 | $64,560 | $75,660 |
| Accountant | $62,700 | $70,500 | $80,080 | $79,680 |
The average middle class salary in Las Vegas is around $50,000 per year.
The range of middle class salaries in Las Vegas typically falls between $30,000 to $80,000 per year.
Yes, there are several taxes that may impact middle class salaries in Las Vegas, including payroll taxes and sales taxes.
Having a middle class salary in Las Vegas usually allows individuals to live comfortably and enjoy many of the city’s attractions.
Earning higher education or certifications, obtaining additional job responsibilities and experience, or seeking out more competitive salaries can all increase a middle class salary in Las Vegas.
Yes, depending on the employer, there may be benefits such as health insurance, vacation time, and 401(k) matching associated with a middle class salary in Las Vegas.
Popular job sectors that typically pay middle class salaries in Las Vegas include hospitality, transportation, education, and health services.
Yes, the state of Nevada offers a variety of programs to support middle class salaries in Las Vegas, including incentives for businesses, job training, and tax credits.
The cost of living in Las Vegas is generally higher than in other parts of the country, so most middle class salaries in Las Vegas are higher as well.
When deciding if Las Vegas is the right place to pursue a middle class salary, one should consider the cost of living, job market, and tax rate in the area.