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Forbes
an hour ago
- Business
- Forbes
The Richest Places In Nevada, Latest Census Data Shows
A series of recent studies analyzed and identified the richest cities in a number of states that lie in the geographic Mountain division, such as Colorado, Utah, Idaho, and Wyoming. For this article, the analysis will be for Nevada's richest cities. This study analyzed 134 cities in Nevada with complete data from the Census Bureau, in terms of their median household income, mean (average) household income, median home value, and median property taxes paid per year, to come up with a list of the 15 richest places in the state. Read on to find out what the richest city in Nevada is, plus the top 15 wealthiest cities in the state overall. In order to compile this list of the richest cities in Nevada, we sourced key financial data from the Census Bureau's 2023 American Community Survey. Harnessing these datasets, we put together a scoring system based on four factors to help identify the wealthiest cities in Nevada: The Census Bureau does some interesting things with its data. For certain factors, the Census numbers have upper limits, so there's no exact value for certain factors. When it comes to median household income, the Census Bureau has an upper limit of '$250,000+'. For median home value, the upper limit is '$2,000,000+'. For median property taxes paid, the upper limit is '$10,000+'. Thus, for these reasons, the mean household income (which is the same as average household income) dataset is crucial because the Census Bureau has exact figures for it. All four of these metrics were scored, added up, and then ranked by the cities' combined scores. Census data also categorizes geographies in a particular way that the average person might not conceive of. And it is particularly relevant to Nevada. The Census has a geographic unit called census-designated places, CDPs, which it essentially treats as what people would think of as cities. So, if you see places here listed as cities, it's because they are CDPs and the Census Bureau more or less treats them as cities or towns. You'll find a table detailing the top 15 richest cities in Nevada and their respective dollar figures for each metric, below: The No. 1 richest city in Nevada in this ranking is Crystal Bay, a very small town of only 80 households, on the northern shore of Lake Tahoe. It borders the state line with California. It sits on Crystal Bay across from Incline Village, another city on this list of wealthiest places in Nevada. The median household income in Crystal Bay is over $250,000. The average household income is an incredible $673,626. Not surprisingly, its median home value is in excess of $2 million, which is the upper limit the Census Bureau tracks. And the median property taxes paid by households is over $10,000 a year. The second wealthiest place in Nevada is another Lake Tahoe town, Glenbrook. This town is on the east coast of Lake Tahoe, south-southeast of Crystal Bay. The median household income is $223,942, while the average household income is north of $400,000. Like Crystal Bay, the median home value here is over $2 million. The median property taxes paid per household is over $10,000. Nearly 57% of households earn $200,000 or more a year. The No. 3 richest city in Nevada is Round Hill Village, another town along Lake Tahoe. This place is bigger than the No. 1 and No. 2 cities, being home to 380 households. This town is down in the southeast corner of Lake Tahoe, right near the California border and the aptly named city of Stateline. The median household income is $189,038, while the average household income is $279,816. The median home value here is almost $1.216 million and individual listings can be well over this figure. The median property taxes paid, however, aren't as bad as in the No. 1 and No. 2 cities, at $3,868 per year. The vast majority of the top 15 richest cities in Nevada are located in the vicinity of Lake Tahoe, with one or two in the Las Vegas metro area. You can see in the income figures, however, the imbalance in wealth generated by resort towns in the Take Tahoe area. The home values, even more so, convey the wealth disparity, with many places having median home values well beyond what the typical household income can sustain.
Yahoo
2 hours ago
- Business
- Yahoo
Opinion - Trump's new DEI: Drama, exaggeration and incoherence
President Trump's war against diversity, equity and inclusion is reverberating throughout nearly every sector, igniting a civil rights pushback. But his executive orders ending DEI cannot halt the historic pace of national racial diversity. According to the Census Bureau, the 'white only' share of the population is now 58.4 percent. Non-Hispanic whites are projected to fall below 50 percent by 2045. So the 'D' in DEI represents America's destiny. Although contentious race-based policy debates will continue, diversity is the new America and must be embraced. The DEI acronym, along with tariffs, ranks among Trump's most frequent utterances. But due to overuse and clouded meaning, change is afoot to rename DEI, starting with the 'Office of Belonging' at the renowned Mayo Clinic. Therefore, I propose changing DEI to mean 'drama, exaggeration and incoherence,' reflecting Trump's unique communication and governing style. 'Drama' captures the daily, head-splitting, inescapable second Trump term. Every day is Trump Day, as Americans are surrounded by media and compelled to tune in. The president's insatiable desire to consolidate power, combined with his unconventional need to create drama, leads to constant breaking news that affects every citizen's life to some degree. Such intentional 'drama by design' could be perceived as a subtle form of domination. Through daily headlines — regardless of whether the news is good or bad, since bad news is spun, justified or rationalized as good — Trump keeps himself prominently on your screen. He 'wins the day' by overshadowing or blotting out others. His need to be on your screen evokes George Orwell's classic dystopian novel '1984,' written long before screen viewing became a daily ritual. In '1984,' a totalitarian state dominates and controls its people through pervasive surveillance via their 'telescreen.' Maintaining a constant screen presence is 'Big Brother,' the all-powerful leader who is always watching and enforcing ideological purity throughout the land. Remarkably, Trump maintains a communication advantage over the fictional Big Brother. He holds a 65 percent stake in Trump Media and Technology Group, which operates Truth Social, his primary communication platform, with a market capitalization of $5 billion. Thus, a drama-loving president who owns and controls his main media dissemination vehicle is rationalized as 'Trump being Trump.' Through Truth Social — an Orwellian sounding name — Trump crafts his version of 'truth.' He generates non-stop drama, attacks America's premier institutions, denigrates his enemies, spews factually incorrect statements, picks fights with celebrities and, most egregiously, conducts official presidential business with no filters or guardrails. How long will Americans tolerate the pace of Trump's move-fast-and-break-things presidency? What most affects presidential job approval ratings are the prices for food, gas, cars, homes and consumer goods. Rising costs and shortages driven by uncertainty due to Trump's tariffs, further complicated by this week's anti-tariff court ruling, and then blocked on appeal, suggest he could 'pay' in the midterms. More damaging is that Trump had promised to combat inflation, the key reason he won in 2024. The president, well aware of this problem, has instituted an ongoing operational plan to prevent Republicans from losing the House of Representatives. Trump also believes (with good reason) that a Democratic victory could trigger his third impeachment. Therefore, cue the 2026 election drama along with nonstop judicial drama. Exaggeration is Trump's default mode of communication. Since facts are often inconvenient, it's easier to use exaggerated words or phrases to enhance a narrative. Nearly every day, on any issue, Trump straddles the line between embellishment and outright lies, known in Trump-speak as 'alternative facts.' His flair for stretching the truth is baked into his always great, best-ever, big, beautiful persona. Although Trump continuously exaggerates his past, present and future achievements — most notably falsely claiming victory in the 2020 election — he occasionally faces the consequences of his exaggerations. After repeatedly saying, 'I will end the Ukraine-Russia war in 24 hours,' he now claims he was only speaking 'in jest.' Continuously fact-checking Trump's exaggerations is a thankless task, and why much of what he says goes unchecked and repeated as fact in Trump-friendly media, on X and Truth Social. Incoherence is Trump's enemy. His 79th birthday, coming in June, will bring more comparisons to former President Joe Biden's diminished mental state. And Trump is exhibiting increasingly bewildering behavior. At all hours, he is always on the attack, often posting bizarre Truth Social videos and tweets unbefitting of a president. Trump's Memorial Day 'scum' remarks and meandering West Point 'trophy wife' address, along with his usual 'weave' of rambling speech patterns bordering on gibberish, explains why the White House is purging its website of official transcripts. This action evokes another detail from '1984,' in which embarrassing documents are disappeared 'down the memory hole.' This new version of DEI represents our president governing through drama, exaggeration and incoherence, brazenly consolidating power with a 'dare you to stop me' attitude. That invites the question of what the presidency will look like after Trump. Do Americans prefer an all-powerful chief executive who enriches himself and tries to rule with fear and an iron fist? If so, Donald Trump Jr. could be our next president. Myra Adams is an opinion writer who served on the creative team of two Republican presidential campaigns in 2004 and 2008. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Zawya
3 hours ago
- Business
- Zawya
US goods trade deficit narrows sharply in April as imports plunge
The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs faded. The goods trade gap contracted 46.0% to $87.6 billion last month, the Commerce Department's Census Bureau said on Friday. Goods imports decreased $68.4 billion to $276.1 billion. Exports of goods increased $6.3 billion to $188.5 billion. A rush to beat import duties pushed the goods trade deficit to a record high in March. The front-running of imports is probably not over. Higher duties for most countries have been postponed until July, while those for Chinese goods have been delayed until mid-August amid negotiations between President Donald Trump's administration and trade partners. Economists said that could see some businesses trying to bring in more imports given the lack of clarity about what happens after the 90-day pauses. Adding to the uncertainty, a U.S. trade court on Wednesday blocked most of Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority. They were temporarily reinstated by a federal appeals court on Thursday. A record trade gap accounted for a large part of the 0.2% annualized rate of decline in gross domestic product in the first quarter. (Reporting By Lucia Mutikani; Editing by Chizu Nomiyama)
Time of India
3 hours ago
- Business
- Time of India
US goods trade deficit narrows sharply in April as imports plunge
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs goods trade gap contracted 46.0% to $87.6 billion last month, the Commerce Department 's Census Bureau said on Friday. Goods imports decreased $68.4 billion to $276.1 billion. Exports of goods increased $6.3 billion to $188.5 billion.A rush to beat import duties pushed the goods trade deficit to a record high in March. The front-running of imports is probably not over. Higher duties for most countries have been postponed until July, while those for Chinese goods have been delayed until mid-August amid negotiations between President Donald Trump's administration and trade said that could see some businesses trying to bring in more imports given the lack of clarity about what happens after the 90-day pauses. Adding to the uncertainty, a U.S. trade court on Wednesday blocked most of Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority. They were temporarily reinstated by a federal appeals court on Thursday.A record trade gap accounted for a large part of the 0.2% annualized rate of decline in gross domestic product in the first quarter.
Yahoo
3 hours ago
- Business
- Yahoo
US goods trade deficit narrows sharply in April as imports plunge
WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs faded. The goods trade gap contracted 46.0% to $87.6 billion last month, the Commerce Department's Census Bureau said on Friday. Goods imports decreased $68.4 billion to $276.1 billion. Exports of goods increased $6.3 billion to $188.5 billion. A rush to beat import duties pushed the goods trade deficit to a record high in March. The front-running of imports is probably not over. Higher duties for most countries have been postponed until July, while those for Chinese goods have been delayed until mid-August amid negotiations between President Donald Trump's administration and trade partners. Economists said that could see some businesses trying to bring in more imports given the lack of clarity about what happens after the 90-day pauses. Adding to the uncertainty, a U.S. trade court on Wednesday blocked most of Trump's tariffs from going into effect in a sweeping ruling that the president overstepped his authority. They were temporarily reinstated by a federal appeals court on Thursday. A record trade gap accounted for a large part of the 0.2% annualized rate of decline in gross domestic product in the first quarter. (Reporting By Lucia Mutikani; Editing by Chizu Nomiyama)
