Las Vegas Housing: Not Affordable Yet, But Getting Closer

The 2008 Colorado College "State of the Rockies Report Card" found that just 18.9 percent of the Las Vegas Valley’s housing stock is attainable to workers earning the area’s median wage, which was $14.03 an hour in June, ... Affording a two-bedroom apartment at fair-market rents in Clark County required pay of at least $15.01 an hour, the report card added. Those figures translated into a D+ for overall housing affordability in Clark County.