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Henderson, Nevada Real Estate

A Helpful Guide to Real Estate in the City of Henderson, NV

In 2006, Money Magazine ranked Henderson, Nevada #20 on its list of best places to live in the United States. So right away, we have some journalistic validation that real estate in Henderson, Nevada is a good investment to make.

Why Henderson Real Estate?

So why do publications like Money Magazine consider Henderson, Nevada a great place to buy a home? Well, there are plenty of good reasons actually. So let's take a closer look at what makes Henderson a solid real estate investment for your home-buying dollars.

Image: McCullough Mountain range above a Henderson, NV neighborhood. Source

In order to assess the true real estate value of a city, you have to discussing all the aspects of that city, such as lifestyle, educational opportunities, climate, etc. So let's examine Henderson, Nevada real estate by examining the city as a whole.

Henderson, NV Stats - Population, Geography, Etc.

If you already reside in Henderson, Nevada, you're probably already familiar with the city's population and geography. But if you're relocating to Henderson from elsewhere in Nevada or from out of state, this information is a must-read. After all, growth and geography are two of the factors that make Henderson real estate a good investment to begin with.

Henderson, Nevada (part of Clark County) is located about seven miles southeast of Las Vegas. The city is surrounded by gently sloping mountains, such as the McCullough Mountain range shown above. Many of these ranges are marked by outcroppings of black rock, reminiscent of a volcanic eruption that occurred in the area millions of years ago.

View map of Henderson

Population growth is also a good measure of real estate growth. After all, more people means more homes being built. So let's take a look back at the population growth rate of Henderson, Nevada over the years:

In 2000, the population of Henderson was just over 175,000 people. In July of 2007, the population was estimated at more than 265,000 people. That's As of 2005, the population was estimated at just over 600,000. That's an increase of around 90,000 people in just seven years, which is a pretty significant growth rate for a desert city like Henderson.

Though it's hard to measure, logical would suggest that the presence of Henderson, Nevada on real estate lists such as the one by Money Magazine has played a roll in this growth, at least in recent years.

Henderson Climate & Weather

If you currently live in Henderson, Nevada and are merely shopping for a new home in the city, then you are no doubt already familiar with the climate of Henderson. But if you are relocating to Henderson from elsewhere in Nevada or from out of state, the following information should prove helpful.

Like much of Nevada, Henderson has a desert climate with very little natural water. In fact, the only natural water within the city comes from washes like Duck Creek. Like most desert climates, the temperature in Henderson can drop significantly from the high temps of day to the lowest temps at night.

The average high in July is 108 degrees Fahrenheit. The average high the coldest months is 60 degrees. The winters do get below freezing from time to time, mostly in December and January.

As you would imagine, there is very little rainfall in Henderson. The average precipitation is only about 6 inches per year.

The Climate / Real Estate Connection

As home buyers, we all have our own preferences and opinions. Some people would look at the information presented above and think that Henderson, Nevada is too hot for them. But a surprising number of people look at the same climate information and find it very appealing — particularly the mild winters. There are enough people in this latter category to make the warm climate a benefit to Henderson real estate values, rather than a drawback.

Tax Advantages of Henderson, Nevada

While people may be divided on the climate issues, there is one aspect of Henderson real estate that everyone can agree on as being positive — the tax advantages of living there.

Residents of the city do not pay personal income tax, inheritance tax, corporate tax, estate and/or gift tax. You can't complain about that! In addition, the property taxes in Henderson (and in Nevada as a whole) are comparatively low. According to Money Magazine, the state of Nevada has the eighth lowest tax burden (when compared to statewide income) in the United States.

According to the city's website: "The Fiscal Year 2007 City property tax rate for Henderson will remain constant at $.7108 per $100 in assessed valuation. The City has maintained the same property tax rate for the past seventeen years and continues to have one of the lowest rates in the Las Vegas Metropolitan area, as well as the State of Nevada." [Source]

Economy & Employment

When considering Henderson real estate investment, you must also consider the city's economy as a whole. After all, economic strength and development go hand in hand with property values. Fortunately, the news here is mostly good!

Due to favorable tax situation and other incentives, several major corporations are located in Henderson, Nevada. These include Levi Strauss, Toyota Financial, and Ocean Spray Cranberries.

Other major employers in the city include Berry Plastics, Ford Motor Credit, Good Humor - Breyers Ice Cream, and Graham Packaging Company.

Because of Henderson's proximity to Las Vegas (about 7 miles away), the tourism industry also plays a major role in the city's economy. Many residents of Henderson work in Las Vegas, making the short commute each day.

By most measurements, Henderson, Nevada is a steadily growing city with no signs of slowing any time soon. In fact, the city estimates that around 6,000 people move into the region on a monthly basis. So while nothing is certain in the world of real estate investment, it would seem that Henderson is a good place to buy real estate — both now and into the foreseeable future.

Lifestyle & Entertainment in Henderson

The city of Henderson is close enough to Las Vegas to allow easy access to big concerts and shows. But it's far enough away to also allow for the peace and tranquility of a vastly beautiful desert setting.

In addition to the world-class attractions of Las Vegas, the city of Henderson offers a variety of concerts, festivals, visual art exhibits and more. There are several facilities in the city to accommodate these events, such as the Henderson Pavilion, Convention Center, and Amphitheatre (three separate facilities).

You can see what's happening around Henderson at www.HendersonLive.com.

Schools & Education

You can't talk about real estate in Henderson, Nevada without talking about the city's schools and educational opportunities. This is obviously an important topic for parents with school-aged children. But it's also important from a real estate investment standpoint. After all, the quality of local schools is a major factor in property values.

Public schools in Henderson are managed by the Clark County School District (CCSD), the fifth-largest school district in the nation. Several of the schools in this district are have receive top ratings from websites such as GreatSchools.net, based on graduation rates, teacher-to-student ratios, and other criteria.

At the collegiate level, there are plenty of educational opportunities in and around the city of Henderson, Nevada. The University of Nevada (Las Vegas) is located in nearby Paradise, Nevada, an easy commute from Henderson. The College of Southern Nevada has a campus located in Henderson, as does Nevada State College. There are numerous training institutions.

Aside from traditional four-year universities, there are also a wide variety of professional training programs in and around Henderson, Nevada. These include DeVry University, National University and several others.

Should You Buy Real Estate in the Henderson Area?

Should you buy a home in Henderson, Nevada? In reality, this is a question that only you, as the homebuyer, can answer for yourself. All cities have certain pros and cons with regard to quality of life, climate, real estate values, etc. And this obviously applies to the city of Henderson as well. Hopefully, however, this guide to Henderson real estate will help you answer this question.