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| Nestled in the Mojave Desert and
partially ringed by the McCullough Mountain Range, Henderson
(population 265,000) is essentially a residential suburb of Las
Vegas and was incorporated just 58 years ago. In many
ways, it is indistinguishable from Vegas' suburbs and is
characterized by new master-planned communities and tract
housing, particularly on the southern end of the city.
While Vegas is to the northwest, two other attractions, Lake
Mead and Hoover Dam, are to the east, and the area plays host to
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Henderson is well laid out and mostly feels new, with fresh
construction and wide streets, some lined with palm trees (there
are, of course, some older neighborhood, as well). The
cost of living meets the national average, and the median
home price is $185,000, down 20% in just the last year alone
(and down 50% from a year before that).
Anthem is a large age-restricted community with many
neighborhoods, and Green Valley Ranch is a manufactured
"lifestyle center" with retail shops and residential
housing. There are at least another 15 large,
master-planned developments in the city. Of Henderson's population, 34% is age 45 or
better. The city also attracts a lot of families,
and the median household income is above the national average.
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| During the winter months, the mild
weather invites residents to enjoy outdoor activities in the
city's 41 parks, 8 golf courses and 55 miles of walking and
bicycling trails. Lake Mead, 112 miles long and the
largest reservoir in the U.S., is just twenty miles away and
attracts boaters, fishermen (and women), swimmers, hikers and
campers. The Lake, however, has been suffering through
years of drought conditions and the water level is well below capacity. The
shoreline is shrinking and some marinas have closed or have been
relocated (on a good note, water levels are expected to rise this
summer thanks to a relatively wet winter). During the summer, temperatures can reach 110
degrees (with very, very little humidity), and most activity
moves indoors where air conditioning runs non-stop.
The sun shines 300 days a year.
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Retirees enjoy programs and
services at three senior centers, and the
Galleria at Sunset, one of the largest malls in
Nevada, provides plenty of shopping
opportunities. The city's downtown has
been spruced up, with old buildings having been
torn down and replaced by typical southwestern
architecture (sandstone exteriors with tile
roofs). Public transportation is
provided by CAT, but Henderson has been named
one of the nation's most walkable cities.
Crime rates meet the national average (while Las
Vegas' rates are high). There are a few
casinos, and slot machines are everywhere, from
gas stations to restaurant lobbies.
Great restaurants and world-class entertainment
are just 15 miles away, and views of the
mountains and of the Vegas Strip receive rave
reviews from residents.
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St. Rose Dominican is the primary hospital and has
two campuses. It is a non-profit, religious-sponsored
facility, providing services in cardiology, neurosurgery, surgery
and emergency medicine, and it meets national averages in most
specialties. Medicare and Medicaid patients are
accepted. Las Vegas has a dozen hospitals and medical
centers.
Most people who live in Henderson seem to enjoy
it, but the city is having some problems. Nevada continues
to be the hardest hit state when it comes to foreclosures, with
Clark County, where Henderson is located, leading the way (in
March of this year, 1 in 77 Henderson homes received a foreclosure
notice). Lake Las Vegas, a
beautiful, huge, high-profile Henderson resort and residential community,
emerged from bankruptcy nearly a year ago but is embroiled in
legal troubles, and numerous city neighborhoods are
cluttered with empty houses.
Nevada's unemployment rate is also above the
national average, hovering around 14% (higher when part time workers
and underemployed workers are factored in). Much of this
unemployment is centered in Las Vegas, which hit a record 14.9%
unemployment rate in January, but it spills over into Henderson,
too.
This city has grown by 45% during the last decade, with housing subdivisions
spilling into the desert. Today, though, the
boom is over, and much of Henderson's future depends on what
happens in Las Vegas, which is not expected to recover from the
current economic slump for some time. Henderson also has
poor air quality (according to the American Lung Association, the
Las Vegas Metropolitan Area has the 12th worst year round air
quality in the United States). Water restrictions are in place.
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Desert climate, water
recreation, pretty scenery, a moderate crime rate and
world-class amenities in nearby Las Vegas are pluses,
but the current high foreclosure rate, high unemployment
rate and poor air quality are strong negatives and seem to outweigh the
positives.
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| Great Retirement Spots Newsletter is
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