Quick facts: Henderson, NV

Quick Facts

105.3
Cost of Living
above US average
331,415
Population
21.81
Crime Rate per 1000
below US average
$85,311
Median Income
above US average
$450,000
Median House Price
above US average
$1849.94
Average Rent
above US average
Poverty rate Data is updating, will be available soon
5.9%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $85,311.

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Income Needed to Buy

βœ— Stretch
$141k/year
Based on $450,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $141k vs median $85,311
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Income Needed to Rent

βœ“ Affordable
$79k/year
Based on $1849.94/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($85,311) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Henderson, NV

Henderson, Nevada, is a vibrant city located just southeast of Las Vegas, known for its beautiful residential neighborhoods, outdoor recreation, and a family-friendly atmosphere. Established in 1941 as a magnesium production site during World War II, Henderson has transformed into one of the largest cities in Nevada, boasting a population of over 300,000 residents. The city features an array of parks, including the sprawling Wetlands Park, which offers hiking and biking trails, picnic areas, and bird-watching opportunities. Henderson is also home to the impressive Lake Mead National Recreation Area, where visitors can enjoy boating, fishing, and water sports. Culturally, Henderson hosts several annual events, such as the Henderson Heritage Parade and the Water Street District Art Festival. The city boasts a diverse array of dining, shopping, and entertainment options, making it an attractive location for both families and young professionals. With its close proximity to the glitz of Las Vegas, Henderson offers a perfect balance of urban convenience and suburban tranquility, making it a desirable place to live and visit in Southern Nevada.

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