Henderson, NV

Clark County ยท Pop. 320,189

Ranked #143 of 243 cities

36Crisis

Median Home Price

๐Ÿ 

$420K

4.5% YoY

Median Rent

๐Ÿ”‘

$1,600

3.5% YoY

Median Income

๐Ÿ’ฐ

$68K

Rent Burden

๐Ÿ“Š

30.5%

% of income to rent

Income to Buy

๐Ÿฆ

$121K

annual income needed

Income to Rent

๐Ÿ“

$64K

annual income needed

Price-to-Income

โš–๏ธ

6.2x

Homeownership

๐Ÿก

62.0%

Rent vs. Buy

Buy

$2,235/mo

Est. mortgage (7%, 20% down)

Need $121K/yr income

Rent

$1,600/mo

Median rent

Need $64K/yr income

How Henderson Compares

MetricHendersonNevadaNational
Home Price$420K$441K$410K
Rent$1,600$1,622$1,500
Income$68K$76K$75K
Rent Burden30.5%36.0%30.0%

Key Takeaways

  • โ€ข Home prices in Henderson are 2% higher than the national average.
  • โ€ข Rent is 7% higher than the national average.
  • โ€ข You need an income of $121K to comfortably buy a home here.
  • โ€ข The homeownership rate is 62.0%, compared to 65.0% nationally.