City of Henderson

Current
Economic
Update

As of July 28, 2017
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
Apr '16 Apr '17 Net
Change
%
Change
Taxable Retail Sales 100.0% $38,895.3 $40,689.0 $1,793.7 4.6%
Food Services and Drinking Places 25.9% $10,107.6 $10,537.7 $430.1 4.3%
Motor Vehicle and Parts Dealers 11.4% $4,387.2 $4,633.4 $246.1 5.6%
General Merchandise Stores 8.3% $3,347.7 $3,392.8 $45.1 1.3%
Clothing and Clothing Accessories Stores 8.3% $3,446.6 $3,367.9 -$78.7 -2.3%
Merchant Wholesalers, Durable Goods 5.5% $2,143.3 $2,247.8 $104.5 4.9%
Building Material and Garden Equipment & Supplies 3.8% $1,363.1 $1,560.3 $197.2 14.5%
Rental and Leasing Services 3.7% $1,363.9 $1,490.9 $127.0 9.3%
Food and Beverage Stores 3.1% $1,234.0 $1,262.5 $28.4 2.3%
Electronics and Appliance Stores 2.8% $1,103.7 $1,141.0 $37.3 3.4%
Health and Personal Care Stores 2.2% $824.7 $888.6 $63.9 7.7%
Source: Nevada Department of Taxation
Office Market
Henderson
20.8%

Vacancy Rate

Q1 '17
-1.1% vs. prior yr
0.7% vs. prior QTR
$2.02

Lease Rate

Q1 '17
2.5% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
19.8%
$1.90
Retail Market
Henderson
7.4%

Vacancy Rate

Q1 '17
-0.8% vs. prior yr
-0.6% vs. prior QTR
$1.62

Lease Rate

Q1 '17
-6.1% vs. prior yr
-3.4% vs. prior QTR
Las Vegas Area
8.3%
$2.62
Industrial Market
Henderson
7.9%

Vacancy Rate

Q1 '17
3.4% vs. prior yr
3.5% vs. prior QTR
$0.59

Lease Rate

Q1 '17
-0.0% vs. prior yr
0.5% vs. prior QTR
Las Vegas Area
6.9%
$0.62
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of July 28, 2017
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
176

Acres Sold

Q4 '16
42.6% vs. prior yr
65.7% vs. prior QTR
$49,988,816

Total Value

Q4 '16
31.5% vs. prior yr
40.9% vs. prior QTR
$283,464

Price per acre

Q4 '16
-7.7% vs. prior yr
-14.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions