SOUTHERN NEVADA

ECONOMY

Peak to Present
Peak

Present

% Change

Drivers License Surrenders

Aug-04

8,889

Jan-16

5,008

-43.7%

Electric Meter Hookups

Nov-15

786,910

Dec-15

786,866

-0.01%

Total Nonfarm Employment

May-07

936,800

Jan-16

921,300

-1.7%

Unemployment Rate

Dec-05

3.7%

Jan-16

6.5%

2.8%

Initial Unemployment Insurance

Claims

Dec-08

36,414

Jan-16

13,742

-62.3%

New Home Closings

Dec-05

4,209

Jan-16

387

-90.8%

New Residential Units Permitted

Mar-06

5,204

Jan-16

737

-606.1%

Existing Home Closings

Jun-05

5,843

Jan-16

2,830

-51.6%

Value of New Commercial Buildings

Permitted (Millions)

May-07

$379.5

Jan-16

$34.4

-90.9%

Taxable Retail Sales (Billions)

Dec-15

$38.6

Dec-15

$38.6

0.0%

Average Weekly Wages - Private

Jun-07

$751

Jan-16

$724

-3.5%

Prior Year to Present

Prior Year

Present

% Change

Drivers License Surrenders

Jan-15

4,640

Jan-16

5,008

7.9%

Electric Meter Hookups

Dec-14

772,573

Dec-15

786,866

1.9%

Total Nonfarm Employment

Jan-15

898,500

Jan-16

921,300

2.5%

Unemployment Rate

Jan-15

7.5%

Jan-16

6.5%

-1.0%

Initial Unemployment Insurance

Claims

Jan-15

15,572

Jan-16

13,742

-11.8%

New Home Closings

Jan-15

357

Jan-16

387

8.4%

New Residential Units Permitted

Jan-15

417

Jan-16

737

76.7%

Existing Home Closings

Jan-15

2,593

Jan-16

2,830

9.1%

Value of New Commercial Buildings

Permitted (Millions)

Jan-15

$15.3

Jan-16

$34.4

124.2%

Taxable Retail Sales (Billions)

Dec-14

$36.5

Dec-15

$38.6

5.6%

Average Weekly Wages - Private

Jan-15

$708

Jan-16

$724

2.3%

NEVADAS GROWING
HISPANIC POPULATION

Hispanic
Population:

767,898

Source: American Community Survey, 2014 1-Year Estimates

Nevada Population
Millions

Non-Hispanic

Hispanic

3.0
2.5

27.8%
23.7%

2.0
1.5
1.0
0.5

0.0
'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

Source: American Community Survey, 2014 1-Year Estimates

Nevada Population Growth

Hispanic Growth

Total Growth

9%
8%
7%
6%
5%
4%

3.0%

3%

1.8%

2%
1%

0%
'06

'07

'08

'09

'10

'11

'12

'13

'14

Source: American Community Survey, 2014 1-Year Estimates

The Hispanic population

reached a new high of
55.4 million in
2014However, that
2.1% rate continues a
trend of slower growth
that began in 2010.
-- Pew Research Group, 6/25/15

Clark County Hispanic Population

Hispanic
30.3%

The Hispanic population in

Clark County increased by
56,159 residents since 2010.
Source: American Community Survey, 2014 1-Year Estimates

Clark County Hispanic Population

Native Born
18.1%
Foreign Born
12.2%

Of all foreign born residents in

Clark County, 54.8% are of
Hispanic origin.
Source: American Community Survey, 2014 1-Year Estimates

Clark County Domestic Hispanic Migration

2013-2014

27.9%

No Rep. Migration
Less than 1.0%

1.0% - 1.9%
2.0% - 4.9%
5.0% or Greater
Source: American Community Survey, 2014 1-Year Estimates

CC International Hispanic Migration

2013-2014

Of all international Hispanic migration into

Clark County from 2013 through 2014,
those migrating from Cuba accounted for
33.3% of the total and those migrating from
Mexico accounted for 28.1% of the total

Source: American Community Survey, 2014 1-Year Estimates

SOUTHERN NEVADAS
HISPANIC ECONOMY

Las Vegas MSA Employment

Thousands

Trailing 12-Months

1,000

Trough to Present:
+115,417 (+14.4%)

900
800
700
600
500

400
'00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
Source: U.S. Bureau of Labor Statistics

Clark County Employment

By Ethnicity | 2014

Hispanic/
Latino
26.5%

African American
8.9%

White
40.8%

Other
14.7%
Asian
9.0%

According to the American

Community Survey, Hispanic
employment has increased by
45,196 jobs (+18.9%) since 2010.
Source: American Community Survey, 2014 1-Year Estimates

Clark County Labor Force Participation Rate

64.6%

71.6%

Valley-Wide

Hispanic/Latino

Source: American Community Survey, 2014 1-Year Estimates

Unemployment Rate
16%

Las Vegas MSA

United States

14%
12%
10%
8%

6.5%

6%
4%

5.3%

2%
0%
'00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16
Source: U.S. Bureau of Labor Statistics

National Unemployment Rate

By Ethnicity

18%
16%
14%
12%

African American
8.8%

10%

Hispanic/Latino
5.4%

8%
6%

White
4.3%

4%
2%

Asian
3.8%

0%
'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16

Source: U.S. Bureau of Labor Statistics

Nevada Unemployment Rate

By Ethnicity | 2014
15.4%

7.3%

7.5%

White

Hispanic/Latino

3.2%

Asian

Black/African
American
Source: U.S. Bureau of Labor Statistics

Clark County Unemployment Rate

By Ethnicity | 2014
15.3%

7.3%

Asian

8.3%

White

9.3%

Hispanic/Latino

Black/African
American

Source: American Community Survey, 2014 1-Year Estimates

Employment Distribution

Southern Nevada Workers

Hispanics/ Latinos
10.9% 10.3% 13.0%
24.0%

Average Market
7.6%

41.8%

Management, Business, Science & Arts

Sales and Office
Production, Transportation & Material Moving

27.6%

8.9%

26.2%
29.8%

Service
Natural Resources, Construction & Maintenance
Source: American Community Survey, 2014 1-Year Estimates

Median Household Income

Median Household Income
Hispanics/Latinos in Clark County

$44,125

All Households in Clark County

$51,214

Source: American Community Survey, 2014 1-Year Estimates

Poverty Status in the Past 12 Months

Clark County

All Races

Hispanics

Poverty
15.2%

Poverty
20.4%

Source: American Community Survey, 2014 1-Year Estimates

Southern Nevada Homeownership Rates

55.8%
TOTAL VALLEY

39.0%

HISPANICS/LATINOS

Source: Las Vegas Perspective

Hispanic-Owned Businesses
Nevada

Clark County

Hispanic
14.8%

Other
85.2%

Hispanic
17.2%

Other
82.8%

Source: U.S. Census Bureau, 2012 Survey of Business Owners

So. Nevada Household Income

Distributions
Hispanic/Latino
Under $15,000
$15,000 to $19,999
$20,000 to $24,999
$25,000 to $34,999

Valley-Wide Average

7.5%

12.0%

5.5%

5.5%

9.4%

6.2%
14.6%

$35,000 to $49,999

12.2%

19.1%

$50,000 to $74,999

15.1%

21.1%

$75,000 to $99,999

11.5%

$100,000 and Over

11.5%

21.0%
9.2%
18.9%
Source: Las Vegas Perspective

SOUTHERN NEVADAS
NEIGHBORHOOD
RISK INDEX

Hispanic Population
Density
Less than 10.0%
10.0% - 19.9%
20.0% - 39.9%
40.0% or Greater

Source: Las Vegas Perspective

Zip Codes with the

Highest Share of
Hispanics
Zip Code

% Hispanic

89030

73.1%

89110

62.6%

89101

61.6%

89115

57.8%

89104

56.8%

89102

53.3%

89142

51.7%

89107

51.4%

89156

47.6%

89169

45.9%
Source: Las Vegas Perspective

Zip Codes with the

Highest Share of
Hispanics
Zip Code

# Hispanic

89030

38,024

89110

47,179

89101

26,941

89115

35,734

89104

21,669

89102

18,705

89142

18,765

89107

19,055

89156

13,283

89169

10,710

TOTAL

250,065
Source: Las Vegas Perspective

Valley-Wide
Neighborhood
Risk Index

Source: Quarterly Neighborhood Risk Index, Applied Analysis

SNAP

Source: Quarterly Neighborhood Risk Index, Applied Analysis

TANF

Source: Quarterly Neighborhood Risk Index, Applied Analysis

Medicaid

Source: Quarterly Neighborhood Risk Index, Applied Analysis

CC Residents With Health

Insurance Coverage

84.0%

73.7%

Valley-Wide

Hispanic/Latino

Source: American Community Survey, 2014 1-Year Estimates

Unemployment
Insurance
Claims

Source: Quarterly Neighborhood Risk Index, Applied Analysis

Foreclosures

Source: Quarterly Neighborhood Risk Index, Applied Analysis

Residential
Vacancy

Source: Quarterly Neighborhood Risk Index, Applied Analysis

Bank-Owned
Homes

Source: Quarterly Neighborhood Risk Index, Applied Analysis

Composite
Risk

Source: Quarterly Neighborhood Risk Index, Applied Analysis

SOUTHERN NEVADAS
HISPANIC EDUCATION
STATISTICS

Southern Nevada Educational Attainment

Hispanics/Latinos

Valley-Wide Average

36.6%
31.1%

29.3%
21.2%

12.2%

17.0%

14.1%
8.0%

10.6%

9.7%

8.2%
2.1%

Less Than
High School

High School Some College

Degree

Associate's
Degree

Bachelor's
Degree

Graduate
Degree
Source: Las Vegas Perspective

National Unemployment Rate

By Highest Educational Attainment

16%
Less Than
High School
7.3%
High School
Diploma
5.3%
Some College or
Associate Degree
4.2%
Bachelors
Degree or Higher
2.5%

14%
12%
10%
8%
6%
4%
2%

0%
'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16
Source: U.S. Bureau of Labor Statistics

Nevada K-12 Schools

Enrollment Demographics
Other
500,000
450,000

Asian

Black

White

+46,930 (+11.4%)

Hispanic
459,095

412,165

400,000
350,000
300,000
250,000
200,000

150,000
100,000
50,000
0
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Source: Nevada Report Card

Nevada K-12 Schools

Enrollment Demographics
Non-Hispanic
500,000

300,000

138,522

350,000

188,701

+50,179 (+36.2%)

450,000
400,000

Hispanic

250,000
200,000

150,000
100,000
50,000
0
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Source: Nevada Report Card

Nevada Student Population

2014-2015

Hispanic
41.1%
NonHispanic
58.9%

Since the 2005-2006 school year,

the Hispanic share of the student
population has increased by 7.5
percentage points.
Source: Nevada Report Card

Clark County School District

Enrollment Demographics

Other
350,000

300,000

Asian

Black

White

+24,259 (+8.3%)

Hispanic
318,040

293,781

250,000
200,000
150,000
100,000
50,000
0
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Source: Nevada Report Card

Clark County School District

Enrollment Demographics

Non-Hispanic
350,000

108,206

200,000

143,274

+35,068 (+32.4%)

300,000
250,000

Hispanic

150,000
100,000
50,000
0
'05-'06 '06-'07 '07-'08 '08-'09 '09-'10 '10-'11 '11-'12 '12-'13 '13-'14 '14-'15
Source: Nevada Report Card

CCSD Student Population

2014-2015

Other
55.0%

Hispanic
45.0%

Since the 2005-2006 school year,

the Hispanic share of the student
population has increased by 8.2
percentage points.
Source: Nevada Report Card

CCSD Percentage of Proficient Students

Mathematics

All Races
69.0%

63.7%

Hispanic

61.3%

26.7%

4th Grade

8th Grade
Source: Nevada Report Card

CCSD Percentage of Proficient Students

Reading

All Races

Hispanic

67.5%
61.1%
51.7%
43.1%

4th Grade

8th Grade
Source: Nevada Report Card

CCSD High School Graduation Rates

2010-2011

All Graduates
59.3%

Hispanic
Graduates
51.8%

Source: Nevada Report Card

CCSD High School Graduation Rates

2014-2015

All Graduates
72.1%

Hispanic
Graduates
67.9%

Source: Nevada Report Card

[UNLV] is tied for second in

[U.S. News & World Reports]
annual Best Ethnic Diversity
listinga jump from sixth last
year. UNLV has placed in
the top ten for the past five
years[The report] noted
UNLVs high percentage of
Hispanic students.
Campus News, 9/9/2015

College Student Enrollment

Fall 2014

UNLV

CSN

Hispanic
23%

Hispanic
27%
Other
73%

Other
77%

Source: College of Southern Nevada Headcount and UNLV Office of Diversity Initiatives

KEY TAKEAWAYS

The Concerns of the Hispanic Population and

Those of the General Population are the Same
Sustainable population growth
Greater availability and diversity of jobs
More opportunities for career development
Improved housing environment
Access to good healthcare
Better education and opportunity for their
children