NAICS 44-45

Retail Trade in Las Vegas-Henderson-North Las Vegas, NV

Metro Market Score 60.4 (Difficult), ranked #257 of 378 metros. 5,973 establishments, 108,575 jobs.

Metro Market Score 60.4

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national retail trade average.

💰High-Cost Market⚡Rising Wages

Las Vegas-Henderson-North Las Vegas stands out for high retail trade labor costs. Wage competitiveness hits 87.8 (above the 70th percentile of metros), and year-over-year wage pressure at 76.7 signals continued increases. Plan for higher payroll if entering this market.

Industry Concentration

17.7

LQ: 0.97

Rank #67 of 378 metros

Wage Competitiveness

87.8

$43,114 avg wage

Growth Trend

↓ 37.8

Employment growth index

Rank #236 of 378 metros

Wage Pressure

76.7

YoY wage change index

5,973 Retail Trade Firms in Las Vegas-Henderson-North Las Vegas

5,973

Establishments

+0.0% YoY

108,575

Total Employment

-0.9% YoY

$43,114

Average Annual Wage

+2.9% YoY

0.97

Location Quotient

Below national avg

Within Nevada

#1 of 2

retail trade metros in state

Nevada state rank

#3 of 51

for retail trade entry risk

vs State Median

-12.5

better than median (72.9)

Las Vegas-Henderson-North Las Vegas vs Nevada Statewide

How this metro's retail trade market compares to Nevada overall. The state ranks #3/51 for entry risk.

Measure	Las Vegas-Henderson-North Las Vegas	NV Statewide
Overall Score	60.4 Difficult	37.0 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#257 of 378 metros	#3 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Las Vegas-Henderson-North Las Vegas

Healthcare and Social Assistance 36.7 Other Services 41.8 Professional, Scientific, and Technical Services 50.0 Information 50.6 Administrative and Support Services 51.0 Finance and Insurance 55.8 Real Estate and Rental and Leasing 61.9 Accommodation and Food Services 68.0 Construction 70.5

Retail Trade in Other Nevada Metros

Carson City 72.9 #354/378

Retail Trade Metros With Similar Conditions

Metros within 5 points of Las Vegas-Henderson-North Las Vegas's 60.4 score. Useful when comparing markets with comparable entry profiles.

South Bend-Mishawaka, IN 60.4 #258/378 Rockford, IL 60.5 #259/378 Winston-Salem, NC 60.3 #256/378 Tucson, AZ 60.5 #260/378 Albany, OR 60.5 #261/378 Fort Smith, AR 60.2 #255/378 San Diego-Chula Vista-Carlsbad, CA 60.6 #262/378 Binghamton, NY 60.2 #254/378 Urban Honolulu, HI 60.1 #253/378 Seattle-Tacoma-Bellevue, WA 60.7 #263/378

Retail Trade in States Bordering Nevada

State-level entry risk for retail trade in adjacent states. Use this to weigh cross-border options.

Idaho 40.1 #12/51 Utah 40.3 #13/51 Oregon 42.9 #24/51 California 44.0 #28/51 Arizona 44.9 #32/51

Browse Retail Trade in Other States

State-level entry risk reports for retail trade across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Las Vegas-Henderson-North Las Vegas's retail trade sector, the wage competitiveness component (87.8) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Las Vegas-Henderson-North Las Vegas, NV MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment