The salary required to buy a home in the Las Vegas metro area is well below than the surrounding states although it varies by neighborhood.
According to the Unison Home Affordability Report 2018, your salary would have to be $59,022 with a 10 percent down payment in the Las Vegas-Henderson-Paradise metropolitan area.
The most affordable city in Clark County is Mesquite where your salary would have to be $54,000 with 10 percent down payment while the most expensive is Summerlin South with a salary of $95,000. Mesquite has a median home value of $207,807 while Summerlin South is $363,543.
With a 10 percent down payment in the city of Las Vegas, the salary is $57,000 while in Henderson it is $71,000. Median home values are $220,979 and $272,724 in Las Vegas and Henderson, respectively.
In Boulder City, it's slightly more affordable at a $69,000 salary where the median home value is $265,040. One thing of note in Boulder City is that 68 percent of homes are owned versus rented.
To see what salary would be needed for a 5 percent and 20 percent down payments, click here.
When compared to the surrounding states and their metropolitan areas, Phoenix-Mesa-Scottsdale is only slightly higher with a salary of $60,256 but it only goes up from there. Salt Lake City is $72,712 while Los Angeles-Long Beach-Anaheim is $157,728 and San Francisco-Oakland-Hayward is $231,216.