City of Henderson

Current
Economic
Update

As of March 20, 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
Dec '17 Dec '18 Net
Change
%
Change
Taxable Retail Sales 100.0% $41,476.4 $44,318.9 $2,842.5 6.9%
Food Services and Drinking Places 23.6% $10,662.4 $10,475.3 -$187.1 -1.8%
Motor Vehicle and Parts Dealers 11.2% $4,754.8 $4,966.3 $211.5 4.4%
General Merchandise Stores 8.2% $3,466.2 $3,641.0 $174.8 5.0%
Clothing and Clothing Accessories Stores 7.7% $3,311.1 $3,416.0 $105.0 3.2%
Merchant Wholesalers, Durable Goods 6.1% $2,384.2 $2,715.5 $331.3 13.9%
Building Material and Garden Equipment & Supplies 4.0% $1,664.3 $1,792.0 $127.8 7.7%
Rental and Leasing Services 3.7% $1,515.3 $1,645.7 $130.4 8.6%
Food and Beverage Stores 3.1% $1,300.6 $1,360.0 $59.4 4.6%
Miscellaneous Store Retailers 2.8% $896.4 $1,236.6 $340.2 37.9%
Electronics and Appliance Stores 2.5% $1,088.0 $1,104.9 $16.9 1.5%
Source: Nevada Department of Taxation
Office Market
Henderson
18.3%

Vacancy Rate

Q4 '18
0.5% vs. prior yr
0.7% vs. prior QTR
$2.08

Lease Rate

Q4 '18
0.5% vs. prior yr
1.0% vs. prior QTR
Las Vegas Area
17.0%
$2.00
Retail Market
Henderson
7.8%

Vacancy Rate

Q4 '18
-0.1% vs. prior yr
-0.3% vs. prior QTR
$1.55

Lease Rate

Q4 '18
-1.7% vs. prior yr
3.4% vs. prior QTR
Las Vegas Area
7.6%
$1.76
Industrial Market
Henderson
5.4%

Vacancy Rate

Q4 '18
-3.7% vs. prior yr
-0.4% vs. prior QTR
$0.67

Lease Rate

Q4 '18
25.9% vs. prior yr
10.4% vs. prior QTR
Las Vegas Area
6.9%
$0.64
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of March 20, 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
$61,783,310

Total Value

Q4 '18
16.0% vs. prior yr
29.3% vs. prior QTR
$363,132

Price per acre

Q4 '18
13.2% vs. prior yr
8.7% vs. prior QTR
Source: Applied Analysis; excludes resort transactions