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Las Vegas, NV Insightsas of Oct 2026
Population size
680 K People
Population growth
1.8%
Age distribution
0-17: 22.4%
18-64: 61.6%
65+: 16.0% percent
18-64: 61.6%
65+: 16.0% percent
Household size
2.63 People
Household composition
Families: 60%
Non-families: 40%
Households with children: 30% percent
Non-families: 40%
Households with children: 30% percent
Education level
High school or higher: 86.1%
Bachelor's or higher: 28.0% percent
Bachelor's or higher: 28.0% percent
Median household income
80,000 USD/year
Employment rate
62.3 %
Job growth
2 %
Dominant industries
Tourism/hospitality: 40%, Retail: 15%, Construction: 10% percent of employment
Cost of living index
105 index (US=100)
Retail sales per capita
27,133 USD/year
Disposable income
40,000 USD/person/year
Spending behavior by category - apparel, dining, electronics
Apparel: 5%, Dining: 10%, Electronics: 4% percent of total spending
Existing retail mix
Malls, strip centers, luxury outlets, grocery chains, tourist-oriented shops
Number of competitors
5,000 establishments
Market saturation
High in tourist areas, medium in residential
Presence of anchor tenants
Yes, Macy's, Nordstrom, Walmart in major malls
Foot traffic from nearby businesses
High, 50M+ annual from casinos/hotels visits/year
Rent costs
25 USD/sqm/month
Property values
5,000,000 USD/property
Zoning laws
Mixed-use and commercial zones permit retail with height/density limits
Business permits
Standard city business license required, $200-500 fee
Availability of retail space
5 SQM
Proximity to major roads
Most retail within 1km of I-15 or US-95
Public transportation access
Good via RTC buses and monorail on Strip
Parking availability
Ample, 5-10 spaces per 1,000 sqm spaces/1,000 sqm
Pedestrian traffic
1,000,001,000 people/day
Vehicle traffic
200,000 vehicles/day
Public transport accessibility
Moderate, 10% commute share percent
Commute times
25.7 minutes
Work patterns
Shift work dominant in hospitality, 40-hour weeks average
Shopping preferences
Convenience, deals, experiential shopping
Brand affinity
High for luxury like Gucci, Louis Vuitton on Strip
Consumer loyalty
Moderate, 40% repeat local shoppers percent
Entertainment and leisure trends
Gambling, shows, dining out increasing
Crime statistics
Property crime rate: 2,500/100,000, Violent: 500/100,000 incidents/100,000 people
Shoplifting rates
2 percent of sales
Public safety measures
Surveillance, police patrols, security in retail areas
Tourist spending
7,000,000,000 USD/year
Tourist footfall
40,000,000 visitors/year
Major local events
CES, EDC, Formula 1 Grand Prix
Seasonal attractions
Summer festivals, winter holidays, year-round shows
E-commerce penetration
15 %
Click-and-collect adoption
20 %
Local preference for in-store shopping
70 %
Total retail space
10,000,000 sqm
Retail space per capita
10 SQM
Projected growth in retail space
2 %
Retail leakage rate
5 %
Sustainable retail demand
Growing at 3% percent/year
Major upcoming retail projects
Durango Resort retail expansion, new outlets
Grocery market share distribution - Top 3 retailers & market share
Smith's: 30%, Albertsons: 25%, Walmart: 20% percent
Consumer spending patterns
High on entertainment/dining: 30%, Retail: 25% percent of income
Grocery expenditure trends
Increasing 4% annually percent/year
Luxury retail performance
Strong, $2B annual sales on Strip USD/year
Top mall shopping preferences
Fashion Show Mall, Forum Shops at Caesars
Shopping trips to other cities - % of residents
10 percent
Key drivers for mall visits
Entertainment, dining, unique experiences
Preferred brand categories - Luxury fashion, Value fashion, etc.
Luxury fashion: 40%, Value fashion: 60% percent
Number of existing malls
20 malls
Total retail footfall - annual visits across malls
100,000,000 sqm
Retail market gaps
Organic groceries, specialty tech stores
Trade area population
2,300,000 people
Retail potential in catchment area
High, $20B sales potential USD/year
Projected retail growth rate
3 %
Preferred mall layouts
Open-air with entertainment integration
Public transport access
Good for Strip malls, moderate suburbs
Walkability score
42 index/100
Road infrastructure & car access
Excellent highways I-15, US-95
Parking capacity in comparable malls
7,500 spaces/mall
Surrounding land use & future developments
Mixed urban/residential with resort expansions
Retail Destinations in Las Vegas, NV
Browse 9 retail destinations in Las Vegas, NV, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Las Vegas, NV at a Glance
- Total Properties9
- CountryUnited States
