Clark County

Nevada ยท Pop. 2,265,461

Ranked #140 of 200 counties

34Crisis

Median Home Price

๐Ÿ 

$400K

4.5% YoY

Median Rent

๐Ÿ”‘

$1,550

Median Income

๐Ÿ’ฐ

$58K

Rent Burden

๐Ÿ“Š

33.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

45,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

18,000

Price-to-Income Ratio

โš–๏ธ

6.9x

Homeownership Rate

๐Ÿก

54.0%

How Clark County Compares

MetricClark CountyNevadaNational
Home Price$400K$441K$410K
Rent$1,550$1,622$1,500
Income$58K$76K$75K
Rent Burden33.5%36.0%30.0%
Homeownership54.0%60.0%65.0%

Key Takeaways

  • โ€ข Home prices are 2% below the national average.
  • โ€ข Rent is 3% above the national average.
  • โ€ข The county has an estimated housing shortage of 45,000 units.
  • โ€ข 18,000 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 4.5%.