City of Henderson

Current
Economic
Update

As of January 21, 2020
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 '18 Oct '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $43,581.6 $46,881.7 $3,300.1 7.6%
Food Services and Drinking Places 23.0% $10,365.2 $10,793.6 $428.4 4.1%
Motor Vehicle and Parts Dealers 10.8% $4,879.1 $5,079.7 $200.6 4.1%
General Merchandise Stores 7.9% $3,586.5 $3,721.4 $134.9 3.8%
Clothing and Clothing Accessories Stores 7.3% $3,391.4 $3,414.3 $22.9 0.7%
Merchant Wholesalers, Durable Goods 6.6% $2,664.2 $3,110.1 $445.9 16.7%
Building Material and Garden Equipment & Supplies 3.9% $1,776.9 $1,848.3 $71.4 4.0%
Rental and Leasing Services 3.8% $1,595.7 $1,769.5 $173.8 10.9%
Nonstore Retailers 3.0% $999.4 $1,407.4 $408.0 40.8%
Food and Beverage Stores 2.9% $1,349.9 $1,361.0 $11.0 0.8%
Miscellaneous Store Retailers 2.8% $1,132.9 $1,321.3 $188.4 16.6%
Source: Nevada Department of Taxation
Office Market
Henderson
16.5%

Vacancy Rate

Q3 '19
-0.6% vs. prior yr
-0.2% vs. prior QTR
$2.12

Lease Rate

Q3 '19
2.1% vs. prior yr
-0.1% vs. prior QTR
Las Vegas Area
15.0%
$2.03
Retail Market
Henderson
7.8%

Vacancy Rate

Q3 '19
-0.4% vs. prior yr
-0.4% vs. prior QTR
$1.56

Lease Rate

Q3 '19
3.1% vs. prior yr
1.3% vs. prior QTR
Las Vegas Area
7.5%
$1.78
Industrial Market
Henderson
4.7%

Vacancy Rate

Q3 '19
-1.0% vs. prior yr
-0.8% vs. prior QTR
$0.69

Lease Rate

Q3 '19
12.9% vs. prior yr
-0.7% vs. prior QTR
Las Vegas Area
7.2%
$0.64
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of January 21, 2020
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
154

Acres Sold

Q3 '19
7.4% vs. prior yr
25.5% vs. prior QTR
$77,494,013

Total Value

Q3 '19
62.1% vs. prior yr
42.2% vs. prior QTR
$504,387

Price per acre

Q3 '19
51.0% vs. prior yr
13.3% vs. prior QTR
Source: Applied Analysis; excludes resort transactions