Photo Galleries
Want to buy -- and live in -- a piece of history? It's not that far out of reach. These historic homes are not only for sale, they are incredible bargains. More
5 ways retailers are tracking you If you think pesky salespeople are invading your personal space, check out these 5 technologies that are tracking your movements throughout a store. More
Moto X vs. Droid Turbo: Which Droid should you buy? Motorola has made the two best Android smartphones this year. Here's how they stack up. More
Special Offer
2 of 7
BACK NEXT
Nevada
Nevada
Taxes: No personal or corporate income tax
Best Places to Live and Launch: Reno (No. 54), Henderson (No. 98)

Nevada's advantageous tax structure is helping to lure workers from neighboring states: the state population increased by 25% from 2000 to 2006. Beyond lacking an income tax, Nevada also has no inventory tax and low state payroll taxes. Plus, the cost of living is affordable.

Most people cluster in and around Las Vegas, the state's largest city, and Reno, the second-largest, both known for their gaming and hospitality industries. While construction companies have been hit hard since the housing market's downturn, the growing population has created demand for a variety of services as well as new restaurants and bars.

Henderson, just outside of Las Vegas, boasts thriving health care, education, and finance sectors; its location is conducive to doing business with other major southwest cities. Tourists flock to Reno not just for gambling but also for outdoor recreation - nearby Lake Tahoe offers water sports in the summer and skiing in winter. In rural areas, where mining is the primary industry, businesses are benefiting from the high cost of gold and copper.

NEXT: Florida

Last updated March 27 2008: 10:09 AM ET

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.