City of Henderson surges past Reno as second most populous city in large part due to relocations from California
The Wall Street Journal recently published an article describing how a Las Vegas suburb is experiencing a population boom because of the number of folks leaving California. Why are so many leaving the Golden State? The high cost of living of course. More specifically, the WSJ reported the following reasons for the exodus to Henderson:
- Traffic, traffic and more traffic – Commuters in Southern California face the longest commutes of any city in the United States, where some LA residents commute more than two hours daily.
- California has some of the highest utility bills and taxes in the country.
- Housing affordability – Only 28% of Californians can afford to buy a home in their home state as the median home price soared 83% between 2012 and 2018.
“Newer master-planned communities like Inspirada, in particular, are a huge draw to those from out of state, says Jennifer Graff, founder of the New Home Experts of Las Vegas. “Inspirada offers a variety of homes across several price ranges, lots of activities, community events and is close to the 95 freeway to get back to Southern California for a weekend getaway.”
If you are considering a move to Henderson or Las Vegas, please contact The New Home Experts Las Vegas and learn more about great opportunities to purchase in our area.