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Indicator Series Methodology:
The density of residential development is a key factor with the potential to
impact land and housing prices, the mix of residential unit offered within a
market, and the perceived quality of life within a region. The Residential
Development Density Indicator series is designed specifically to monitoring
changes in this statistic. Residential density data are calculated based on
acreage and unit capacity information routinely reported by the Clark County
Assessors Office. Unique parcel-level identifiers are utilized summarize
these data by local jurisdiction.

Importantly, acreage data for condominiums are not consistently reported.
For purposes of this analysis it is assumed that condominiums have a
residential density consistent with townhomes and apartments. Unit counts
are then used to estimate the required acreage. |