City of Henderson

Current
Economic
Update

As of November 18, 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
Aug '16 Aug '17 Net
Change
%
Change
Taxable Retail Sales 100.0% $39,481.9 $41,083.5 $1,601.7 4.1%
Food Services and Drinking Places 26.0% $10,242.0 $10,684.9 $442.9 4.3%
Motor Vehicle and Parts Dealers 11.5% $4,496.5 $4,707.6 $211.1 4.7%
General Merchandise Stores 8.4% $3,360.0 $3,431.2 $71.2 2.1%
Clothing and Clothing Accessories Stores 8.1% $3,394.1 $3,344.4 -$49.7 -1.5%
Merchant Wholesalers, Durable Goods 5.7% $2,182.3 $2,328.5 $146.2 6.7%
Building Material and Garden Equipment & Supplies 3.9% $1,408.7 $1,615.9 $207.2 14.7%
Rental and Leasing Services 3.6% $1,425.7 $1,497.5 $71.8 5.0%
Food and Beverage Stores 3.1% $1,245.3 $1,281.4 $36.1 2.9%
Electronics and Appliance Stores 2.7% $1,127.4 $1,098.2 -$29.3 -2.6%
Health and Personal Care Stores 2.2% $845.5 $898.4 $52.9 6.3%
Source: Nevada Department of Taxation
Office Market
Henderson
20.4%

Vacancy Rate

Q2 '17
-0.8% vs. prior yr
-1.0% vs. prior QTR
$2.06

Lease Rate

Q2 '17
3.2% vs. prior yr
-0.3% 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

Q4 '17
-4.1% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
8.2%
$1.63
Industrial Market
Henderson
6.4%

Vacancy Rate

Q2 '17
1.9% vs. prior yr
-1.5% vs. prior QTR
$0.60

Lease Rate

Q2 '17
-1.0% vs. prior yr
0.7% vs. prior QTR
Las Vegas Area
7.9%
$0.61
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of November 18, 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