Discover the Best Nevada Communities
Nevada may be best known for its vacation destinations of Las Vegas and Reno, but the past 20 years have seen the establishment of new luxury retirement communities throughout the state.
There are many great reasons for relocating to Nevada, including:
- Nevada is one of the nation’s most tax-friendly states for retirees.
- The cost of living in Nevada is at or below national averages.
- The warm and sunny Nevada climate is perfect for outdoor recreations.
- Nevada offers an abundance of gaming and entertainment options.
Tax-friendly Nevada
For seniors and retirees looking for relief from the financial burden of high state taxes, Nevada is an ideal choice of location. Nevada has no state income tax, nor does it tax any income from Social Security benefits, public or private pensions, 401(k) plans and individual retirement accounts (IRAs). There is also no Nevada estate or inheritance tax.
Property taxes in Nevada are well below the national average, with an average effective property tax rate of just 0.53% statewide. While the applicable rate can vary from country to county, there are some available property tax exemptions for qualified military veterans, disabled residents and surviving spouses.
The statewide sales tax rate is 6.85%, plus some local rates that may add about 1% to that total. However, senior residents in Nevada benefit from the state’s sales-tax exemptions for all prescription drugs, durable medical equipment and groceries.
Best Towns for Retirees in Nevada
- Las Vegas
- Gardnerville
- Laughlin
- Boulder City
- Mesquite
Nevada Cost Of Living
With no income taxes and low property taxes, Nevada residents enjoy an average cost of living that’s below the national average. Low food and utility costs are major contributors to those everyday savings. New home prices in Nevada luxury retirement communities with all of the most popular resort-style amenities are also lower than in comparable destinations in California and Arizona. When you add in the numerous senior discounts available for restaurant dining, show tickets, golf rounds and more, the cost of living in Nevada is very affordable.
Nevada Climate
Southern Nevada is a semi-arid desert region with little annual rainfall. Summer days can be hot, but with relatively low humidity, and the balance of the year is comfortably warm and sunny for all outdoor activities. Temperatures are more moderate in the northern part of the state with some winter snowfall at ski resorts in the higher elevations.
Nevada Recreation And Entertainment
Nevada is both a major vacation destination and a sunny playground for retirees and other residents. The state has about 100 resort golf courses, mostly in the Las Vegas and Reno areas, plus a number of top-rated upscale private country clubs. Hiking and biking in Nevada’s expansive wilderness areas and state parks are among the other poplar outdoor recreations, along with boating and fishing on Lake Mead and Lake Tahoe.
Evening entertainment in Nevada certainly includes casino gaming, but those same venues also host a variety of big-name music concerts and other productions in their showrooms that residents can enjoy just as much as visitors do. Sports lovers in Nevada also have plenty on their schedules, with the NFL’s Las Vegas Raiders now playing in their new stadium, plus franchise teams in the NHL and WNBA. There are also championship professional boxing matches and races at the Las Vegas Motor Speedway.
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New luxury communities in suburban towns just outside of Las Vegas and Reno welcome residents who seek the warm sunshine and round-the-clock excitement that Nevada offers. Take a virtual tour, then plan a visit to discover what the Nevada lifestyle has in store for you.