$460,000 buys the median home in Henderson right now. With 20% down, that's a $92,000 down payment and a $368,000 loan, set against a $72,000 median household income.
Henderson's 0.62% property tax rate runs below the 1.1% national average. That's $238/month on the median home here, not a rounding error against the mortgage payment.
No state income tax in Nevada means the $72,000 median household income stretches further than the same salary would in an income-tax state, which matters directly against a $2,815/month payment.
Day-to-day expenses in Henderson track at 108 against the national 100 baseline, above average once you look past the mortgage payment itself.
Henderson's median home price runs 5% higher than nearby Las Vegas: $440,000 there versus $460,000 here.