Mortgage payments would soar to an estimated Â£1,400, almost double what the average homebuyer claims they can afford, should variable rates rise from 4 per cent to six per cent at the end of a typical two-year fixed deal.
Note that zip codes are a crude measure. The highest crime area in town 89109 actually has two completely different mechanisms...the huge number of tourist on the strip is one part and a very nasty area to the northern end the other.
The North Las Vegas, Nevada sales tax rate of 8.15% applies to the following ten zip codes: 89030, 89031, 89032, 89033, 89036, 89081, 89084, 89085, 89086 and 89087. There are approximately 163,612 people living in the North Las Vegas area.