51 Nevada Business Stats & Facts For 2025

Here are 51 business stats about Nevada for 2025.

Basics:

Population: 3,194,176 (US Census 2020)
Population desnity per square mile: 28.30
GDP: $239,398 (millions USD)
GDP Per Capita: $75,585
Median household income (in 2022 dollars): $71,646
Real GDP Growth Rate: 2.70%
Total Employment: 1.9m
Unemployment Rate: 5.5%

Rankings

% Share of National Economy: 0.87%
State Economic Growth Rank (out of 50): 32
Population Growth Rank (out of 50): 6
Business Growth Rank (out of 50): 4
State Growth Rank in Employment (out of 50): 50

Biggest Industries In Nevada By Revenue

1. Casino Hotels: $32.3b
2. Lotteries & Native American Casinos: $17.2b
3. Hospitals: $10.9b
4. New Car Dealers: $10.4b
5. Supermarkets & Grocery Stores: $8.7b
6. Commercial Banking: $8.3b
7. Gas Stations with Convenience Stores: $7.8b
8. Warehouse Clubs & Supercenters: $7.7b
9. Public Schools: $7.1b
10. Property, Casualty and Direct Insurance: $6.4b

Biggest Employers In Nevada

1. Mgm Resorts International: 55,000 (2.9%)
2. Clark County School District: 35,000 (1.9%)
3. Vici Properties: 18,500 (1.0%)
4. Amazon.Com, Inc.: 18,000 (1.0%)
5. Walmart: 15,246 (0.8%)
6. Wynn Las Vegas Llc: 12,080 (0.6%)
7. Clark County: 8,750 (0.5%)
8. Washoe County School District: 8,750 (0.5%)
9. Las Vegas Metropolitan Police: 5,000 (0.3%)
10. University of Nevada Las Vegas: 4,073 (0.2%)

Small Businesses In Nevada

Number of Small Businesses 312,702
Percent of bossiness that are small businesses: 99.20%
Number of employees: 542,167
Share of Employment: 42.50%
Number of New Businesses In The Past Year: 18,730
Number of Businesses That Closed In The Past Year: 8,336
Net Change In New Businesses: 10,394

Number of Businesses With No Employees: 258,560
Number of Businesses with 1-19 Employees: 46,995
Number of Businesses with 20-499 Employees: 7,147
Share of Businesses Owned By Women: 45.20%
Share of Businesses Owned By Veterans: 7.20%
Share of Hispanic Owned Businesses: 19.30%
Share of Businesses Owned By Racial Minorities: 24.30%

Fortune 500 Companies In Nevada

Number of Fortune 500 Headquaters: 2
Biggest Company: MGM Resorts International
Biggest Company Type: Hotels, Casinos, Resorts
Number of Employees: 66,000
Revenue (in millions): $13,128

Taxes In Nevada

State Corporate Tax Rate: N/A
State Corporate Tax Rate Brackets: N/A

State Sales Tax Rate: 6.85%
State Sales Tax Rank (out of 50): 7
Average Local Sales Tax Rate: 1.39%
Max Local Sales Tax Rate: 1.53%
Average Combined Sales Tax Rate: 8.24%
Combined Sales Tax Rank (out of 50): 13

Minimum State Income Tax Rate If You’re Single: None
Minimum State Income Tax Rate If You’re Married: None

General Nevada Population Facts

In civilian labor force, total, percent of population age 16 years+: 62.80%
In civilian labor force, female, percent of population age 16 years+: 58.30%
Share of population which is foreign born: 19.10%
Mean travel time to work (minutes), workers age 16 years+: 24.7

Housing

Number of Housing Units: 1,348,211
Owner-occupied housing unit rate: 58.40%
Median value of owner-occupied housing units: $373,800
Median gross rent per month: $1,382
Households with a computer: 95.30%
Households with a broadband Internet subscription: 88.70%

Education

High school graduate or higher, percent of persons age 25 years+: 87.10%
Bachelor’s degree or higher, percent of persons age 25 years+: 26.50%

Also See

• Nevada Registered Agent Services
• Nevada Secretary of State Business Search
• How To Form an LLC In Nevada
• Nevada Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Nevada
• https://www.ibisworld.com/united-states/economic-profiles/nevada/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-NV.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/west/nevada.htm#eag
• https://www.census.gov/quickfacts/fact/table/NV,US/PST045223
• https://www.50pros.com/fortune500