City of Henderson

Current
Economic
Update

As of July 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
Apr '18 Apr '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $42,148.8 $45,246.8 $3,098.0 7.4%
Food Services and Drinking Places 23.1% $10,687.9 $10,461.0 -$227.0 -2.1%
Motor Vehicle and Parts Dealers 11.1% $4,815.0 $5,015.9 $200.9 4.2%
General Merchandise Stores 8.1% $3,502.4 $3,655.3 $152.9 4.4%
Clothing and Clothing Accessories Stores 7.5% $3,367.7 $3,383.8 $16.1 0.5%
Merchant Wholesalers, Durable Goods 6.5% $2,463.1 $2,927.9 $464.8 18.9%
Building Material and Garden Equipment & Supplies 4.0% $1,705.5 $1,824.3 $118.8 7.0%
Rental and Leasing Services 3.6% $1,556.5 $1,641.7 $85.2 5.5%
Food and Beverage Stores 3.0% $1,323.3 $1,359.6 $36.3 2.7%
Miscellaneous Store Retailers 2.7% $1,005.5 $1,230.0 $224.5 22.3%
Nonstore Retailers 2.5% $918.5 $1,152.7 $234.2 25.5%
Source: Nevada Department of Taxation
Office Market
Henderson
17.6%

Vacancy Rate

Q1 '19
-0.1% vs. prior yr
-0.4% vs. prior QTR
$2.09

Lease Rate

Q1 '19
1.0% vs. prior yr
1.0% vs. prior QTR
Las Vegas Area
16.0%
$2.01
Retail Market
Henderson
8.0%

Vacancy Rate

Q1 '19
0.2% vs. prior yr
0.0% vs. prior QTR
$1.52

Lease Rate

Q1 '19
-4.8% vs. prior yr
-2.1% vs. prior QTR
Las Vegas Area
7.7%
$1.74
Industrial Market
Henderson
5.2%

Vacancy Rate

Q1 '19
-3.6% vs. prior yr
-0.9% vs. prior QTR
$0.70

Lease Rate

Q1 '19
22.5% vs. prior yr
4.7% vs. prior QTR
Las Vegas Area
6.3%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of July 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
128

Acres Sold

Q1 '19
21.8% vs. prior yr
-24.5% vs. prior QTR
$53,550,847

Total Value

Q1 '19
0.4% vs. prior yr
-13.3% vs. prior QTR
$416,998

Price per acre

Q1 '19
-17.6% vs. prior yr
14.8% vs. prior QTR
Source: Applied Analysis; excludes resort transactions