City of Henderson

Current
Economic
Update

As of January 18, 2018
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 '16 Oct '17 Net
Change
%
Change
Taxable Retail Sales 100.0% $39,724.8 $41,243.5 $1,518.7 3.8%
Food Services and Drinking Places 26.0% $10,307.6 $10,732.1 $424.6 4.1%
Motor Vehicle and Parts Dealers 11.5% $4,538.7 $4,743.0 $204.3 4.5%
General Merchandise Stores 8.4% $3,380.0 $3,446.7 $66.7 2.0%
Clothing and Clothing Accessories Stores 8.1% $3,407.8 $3,327.6 -$80.2 -2.4%
Merchant Wholesalers, Durable Goods 5.7% $2,179.3 $2,356.4 $177.1 8.1%
Building Material and Garden Equipment & Supplies 4.0% $1,440.5 $1,638.1 $197.6 13.7%
Rental and Leasing Services 3.7% $1,451.4 $1,511.6 $60.3 4.2%
Food and Beverage Stores 3.1% $1,244.0 $1,290.7 $46.7 3.8%
Electronics and Appliance Stores 2.6% $1,116.5 $1,086.8 -$29.7 -2.7%
Health and Personal Care Stores 2.2% $860.2 $907.5 $47.3 5.5%
Source: Nevada Department of Taxation
Office Market
Henderson
19.3%

Vacancy Rate

Q3 '17
-2.1% vs. prior yr
-1.5% vs. prior QTR
$2.08

Lease Rate

Q3 '17
4.0% vs. prior yr
0.7% vs. prior QTR
Las Vegas Area
18.9%
$1.95
Retail Market
Henderson
8.4%

Vacancy Rate

Q3 '17
-0.2% vs. prior yr
1.0% vs. prior QTR
$1.61

Lease Rate

Q3 '17
-3.2% vs. prior yr
-4.5% vs. prior QTR
Las Vegas Area
8.2%
$1.63
Industrial Market
Henderson
8.5%

Vacancy Rate

Q3 '17
4.0% vs. prior yr
1.8% vs. prior QTR
$0.53

Lease Rate

Q3 '17
-13.7% vs. prior yr
-11.4% vs. prior QTR
Las Vegas Area
7.9%
$0.61
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of January 18, 2018
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
46

Acres Sold

Q3 '17
-56.4% vs. prior yr
-63.0% vs. prior QTR
$20,769,450

Total Value

Q3 '17
-41.4% vs. prior yr
-23.5% vs. prior QTR
$448,100

Price per acre

Q3 '17
34.4% vs. prior yr
107.0% vs. prior QTR
Source: Applied Analysis; excludes resort transactions