Las Vegas Info
Joined: 14 Dec 2006 Posts: 17
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Posted: Mon Dec 18, 2006 11:57 pm Post subject: LAS VEGAS CITY PROFILE / LAS VEGAS CITY GUIDE |
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LAS VEGAS CITY PROFILE
Introduction
Las Vegas is unique among U.S. cities. Famous for luxury casinos and show palaces offering non-stop recreation on the "Strip" and in downtown Casino Center, the city has over the years become synonymous with glitter and glamour. Las Vegas since the late 1980s has acquired another identity as a centre for business, finance, transportation, and services; still the "Entertainment Capital of the World," it has actively and successfully cultivated a diversified economy. The Las Vegas resident can enjoy legalised gaming, yet more often will take advantage of the diverse range of cultural and recreational opportunities offered in the city and in the surrounding area.
The City in Brief
Founded: 1905 (incorporated, 1911)
Head Official: Mayor Oscar B. Goodman (since 1999)
City Population
1980: 164,674
1990: 258,877
2000: 478,434
2003 estimate: 517,017
Percent change, 1990–2000: 84.1%
U.S. rank in 1980: 89th
U.S. rank in 1990: 63rd
U.S. rank in 2000: 39th (State rank: 1st)
Metropolitan Area Population
1980: 528,000
1990: 852,737
2000: 1,563,282
Percent change, 1990–2000: 83.3%
U.S. rank in 1980: 72nd
U.S. rank in 1990: 53rd
U.S. rank in 2000: 32nd
Geography and Climate
Area: 113 square miles (2000)
Elevation: 2,180 feet above sea level
Average Annual Temperature: 67.1° F
Average Annual Precipitation: 4.16 inches
Economy
Major Industries: Gaming, tourism, mining, retailing, warehousing
Unemployment Rate: 4.0% (February 2005)
Per Capita Income: $22,060 (1999)
Cost of Living
Nevada's low taxes make everything else cheaper: wages, rents, and energy costs. The average rent of a two bedroom apartment at the end of 2004 was $752 per month.
The following is a summary of data regarding key cost of living factors for the Las Vegas area.
2004 (3rd Quarter) ACCRA Cost of Living Index: 113.3 (U.S. average = 100.0)
2004 (3rd Quarter) ACCRA Average House Price: $353,798
State income tax rate: None
State sales tax rate: 7.5%
Local income tax rate: None
Local sales tax rate: 7.5% (9% hotel room tax)
Property tax rate: 3.0815% of assessed value
Other Information
2002 FBI Crime Index Total: 81,627
Major Colleges and Universities: Nevada State College, University of Nevada at Las Vegas, Community College of Southern Nevada
Daily Newspapers: Las Vegas Review Journal |
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