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Market AnalysisUpdated March 2026

Clark County, NV — Market Snapshot

Real estate market data for Clark County, Nevada. Census demographics, rental trends, and economic indicators for investors and developers.

Population

2,293,764

ACS 2023

Median Household Income

$79,865

ACS 2023

Renter-Occupied

43%

ACS 2023

Median Rent

$1,537/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
24.7%
Ages 20–29
13.0%
Ages 30–39
14.8%
Ages 40–49
13.3%
Ages 50–59
12.8%
Ages 60–69
11.0%
Over 70
10.4%

Household Income Distribution

Under $30K
18.0%
$30K–$50K
15.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Expensive (5-7x)

ACS 2023

Price-to-Income Ratio

7.2x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
7.2x

At 7.2x price-to-income, median home prices in Clark County are significantly above what income alone can support.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$484,218
Median Gross Rent
$1,537/mo
Homeownership Rate
57%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$1,552/mo
Median Annual Property Tax(ACS estimate)
$2,200
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Clark County HPI

306.4

FRED Q4 2025

Since 2020

+53.5%

vs. 2020 baseline

Clark County home values have appreciated 53.5% since 2020, trailing the Nevada statewide average of 53.8%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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Market Tier

Bawa Score: 86 / 100

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Economic Indicators

Unemployment Rate
5.2%
Per Capita Personal Income
$66,952
Labor Force
1,198,399
GDP
$152B
Building Permits
14,754

▲ +4.6% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$3.9B
State Home Price Index
638.5
State GDP
$269B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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