Employment Tax & Business
Nevada is ranked as the nation’s best tax climate…while Las Vegas is the number one nationally in job growth and employment potential. INC MAGAZINE has named Las Vegas as the number one metropolitan area in the country for business. It is the only major western metro area wired with all-digital fiber optics by its telephone company. In 1998, FORTUNE MAGAZINE named Las Vegas as the number one city nationally for business owners. Las Vegas is expected to lead the nation through 2000 and 2005 for job growth.
Clark county has become a key rail, truck and airplane shipping hub for the western region of the country, which helps to account for the growth of warehouse storage facilities in the state. Through the programs offered by University of Nevada Las Vegas (UNLV), Las Vegas has become the leading center for training engineers. Hi tech companies have been relocating here throughout the past decade, while UNLV and Southern Nevada Community College have continued to meet their needs by adding new curriculum and new continuing education courses for their scientists.
INC MAGAZINE has also named Las Vegas as the top US city for entrepreneurs, while ENTREPRENEUR MAGAZINE named Las Vegas as one of the nation’s top 20 cities for new businesses.
Las Vegas ranks ninth in the nation for personal income per capita. The average personal income of southern Nevada employees is $38,000.
Much of the growth is due to the aggressive efforts of the Nevada Development Authority, whose goal has been diversification in the southern Nevada economy. During the past five years, NDA and the Chamber of Commerce have attracted more than 50 new companies to our area. Among them are Citibank, Ocean Spray, Williams Sonoma, Marin Credit Card Services, Household Finance…to name just a few.
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