06-08-2015, 02:24 PM
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#776
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Powerplay Quarterback
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Quote:
Originally Posted by New Era
Census statistics don't support this claim. Per capita income is $25,607, below the state average by almost a thousand dollars. Annual spending for a household sees 34.9% spent on housing, 16.5% spent on transportation, 12.9% spent on food, 17% spent on healthcare, insurance and pensions, and the remainder available for disposable income. That is around $10K for the average household. Not a ton to spend on sports tickets. It also doesn't help that Las Vegas is still suffering from the housing crisis and the values in homes is still low, not even worth 2/3 of the value they had in 2007, and with foreclosures still almost double the national average. Also the majority of jobs still remain in the Leisure and Hospitality industry, with Trade, Transportation and Utilities being a distant second. Professional and Business Services were third. Except for the entertainment and hospitality industries wages are below the national average.
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Keep in mind that there's a lot of money floating around in Vegas that's under the table. I think their per capita income is much higher than reported.
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