City of Henderson

Current
Economic
Update

As of January 21, 2019
1
Henderson Employment
Unemployment Comparison
  • United States
  • Las Vegas MSA
  • Henderson
Source: U.S. Bureau of Labor Statistics
    Trailing 12-Months ($ Millions)
Clark County Taxable Retail Sales Category Share
of Total
Oct '17 Oct '18 Net
Change
%
Change
Taxable Retail Sales 100.0% $41,243.5 $43,581.6 $2,338.1 5.7%
Food Services and Drinking Places 23.8% $10,680.0 $10,383.9 -$296.1 -2.8%
Motor Vehicle and Parts Dealers 11.3% $4,734.1 $4,915.9 $181.8 3.8%
General Merchandise Stores 8.2% $3,447.1 $3,587.1 $140.0 4.1%
Clothing and Clothing Accessories Stores 7.8% $3,314.4 $3,388.1 $73.8 2.2%
Merchant Wholesalers, Durable Goods 6.1% $2,353.1 $2,639.1 $286.0 12.2%
Building Material and Garden Equipment & Supplies 4.1% $1,637.9 $1,777.1 $139.1 8.5%
Rental and Leasing Services 3.7% $1,509.9 $1,595.9 $86.0 5.7%
Food and Beverage Stores 3.1% $1,290.8 $1,351.5 $60.7 4.7%
Miscellaneous Store Retailers 2.7% $850.8 $1,193.0 $342.2 40.2%
Electronics and Appliance Stores 2.5% $1,083.1 $1,094.8 $11.7 1.1%
Source: Nevada Department of Taxation
Office Market
Henderson
18.0%

Vacancy Rate

Q3 '18
-1.0% vs. prior yr
0.0% vs. prior QTR
$2.06

Lease Rate

Q3 '18
0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
17.7%
$2.00
Retail Market
Henderson
8.1%

Vacancy Rate

Q3 '18
-0.4% vs. prior yr
-0.5% vs. prior QTR
$0.00

Lease Rate

Q3 '18
-100.0% vs. prior yr
-100.0% vs. prior QTR
Las Vegas Area
7.4%
$1.74
Industrial Market
Henderson
4.8%

Vacancy Rate

Q3 '18
-3.7% vs. prior yr
-0.2% vs. prior QTR
$0.62

Lease Rate

Q3 '18
17.0% vs. prior yr
-3.1% vs. prior QTR
Las Vegas Area
6.7%
$0.63
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of January 21, 2019
2
Media Closing Price
Existing Home
New Home
  • Las Vegas Area
  • Henderson
Source: SalesTraq
Existing Home Closings
Henderson
New Home Closings
Henderson
Source: SalesTraq
Henderson Permits
Total Permits
Permit Value
Source: City of Henderson, Building & Fire Safety
Henderson Private Businesses
Sources: Nevada Department of Employment,
Training & Rehabilitation; Applied Analysis
Henderson Vacant Land
Transactions
143

Acres Sold

Q3 '18
208.4% vs. prior yr
-40.3% vs. prior QTR
$47,796,928

Total Value

Q3 '18
130.1% vs. prior yr
-36.6% vs. prior QTR
$334,011

Price per acre

Q3 '18
-25.5% vs. prior yr
6.2% vs. prior QTR
Source: Applied Analysis; excludes resort transactions