How Many Homes are Free and Clear? Las Vegas Owners vs Renters

How many homes are free and clear in Las Vegas? Also what percentage of homes are owner occupant vs tenant?

Single family homes in Las Vegas are surprisingly far more than the US national average of 42% owned free and clear. The current percentage of all residences, condos, townhomes and houses are over 50% with single family dwellings at 48%. Additionally most other homes have a substantial amount of debt paid off.

In Las Vegas 33% of all homes are tenant occupied, which is greater than the national average, which is closer to 25%. Even though only about 62% of all people own their home, these numbers differ because of people that live in apartments or share space with other people.

Leave a Reply

Your email address will not be published. Required fields are marked *