CALVADA VALLEY
MULTIFAMILY OFFERINGS
Calvada Valley offers excellent investment opportunities only 40 minutes outside of Las Vegas. Efficiently located in the center of Pahrump, Calvada Valley is becoming the primary multifamily corridor. Pahrump has had a rapidly growing economy and many new industries' diversification of employment sources in the last couple of years. Modern-day Pahrump is one of the fastest-growing communities in the west. Its unique urban features are visible from Highway 160 along with five bright casinos. The local coffee houses and tasting rooms at the Pahrump Valley Winery, Artesian Cellars, and Sanders Family Winery are busier. Other notable businesses in Pahrump include Front Sight Firearms Training Institute, Pahrump Valley Speedway, and Spring Mountain Motor Resort & Country Club. Today the beautiful wild countryside is a hotspot for RV rallies, outdoor enthusiasts, and avid golfers with the addition of Mountain Falls Golf Club and Lake View Executive Golf Course.
Please see the current multifamily offerings listed below.
PAHRUMP BY THE NUMBERS
STRONG JOB MARKET AND WORKFORCE
•Pahrump Metro Area has an unemployment rate of 5.7%. The US average is 6.0%.
•Pahrump Metro Area has seen the job market increase by 3.0% over the last year.
•Over the next ten years, future job growth is predicted to be 35.3%, higher than the US average of 33.5%.
PAHRUMP TAX RATES
•The Sales Tax Rate for Pahrump Metro Area is 7.6%. The US average is 7.3%.-
•The Income Tax Rate for Pahrump Metro Area is 0.0%. The US average is 4.6%.
•Tax Rates can have a significant impact when comparing the cost of living.
INCOME AND SALARIES
•The average income of a Pahrump Metro Area resident is $23,035 a year. The US average is $28,555 a year.
•The Median household income of a Pahrump Metro Area resident is $41,757 a year. The US average is $53,482 a year.
