Nevada’s strategic location for business boasts central access to many major markets. It is located at the hub of the 11-state western region, which means it’s an ideal place for companies looking for cost-efficient access to major markets both locally and globally.

No Personal or Corporate Income Tax

There is no personal state income tax for residents of Nevada, nor is there corporate income tax for businesses that are registered there. This helps to contribute to the generally low cost of living.

Rising Home Sales

Total home sales, both new and existing, as well as median home prices, have been on an upward trajectory since the end of the recession in the late 2000s through mid-2018. This trend is expected to continue.

High Crime Rates

Crime is one of the biggest factors that undermine the Nevada real estate market. The state ranks amongst the worst in the United State for its crime rate. Property crime rate, for example, is about 8% higher than the national average. State officials attribute much of the crime to the high number of tourists who visit Las Vegas, Reno, and other gaming cities.

What are the Best Markets to Invest in Nevada?

While nearly 75% of the people living in the Silver State live in the Las Vegas region, there are several other great neighborhoods that real estate investors should consider, including Paradise, Henderson, Reno, and Carson City.