City of Henderson

Current
Economic
Update

As of May 27, 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
Feb '17 Feb '18 Net
Change
%
Change
Taxable Retail Sales 100.0% $40,256.0 $41,786.4 $1,530.4 3.8%
Food Services and Drinking Places 25.7% $10,443.8 $10,735.4 $291.6 2.8%
Motor Vehicle and Parts Dealers 11.5% $4,590.4 $4,798.8 $208.5 4.5%
General Merchandise Stores 8.4% $3,377.7 $3,502.6 $124.9 3.7%
Clothing and Clothing Accessories Stores 8.1% $3,373.8 $3,370.8 -$3.0 -0.1%
Merchant Wholesalers, Durable Goods 5.8% $2,213.0 $2,428.9 $215.9 9.8%
Building Material and Garden Equipment & Supplies 4.0% $1,506.6 $1,686.7 $180.1 12.0%
Rental and Leasing Services 3.7% $1,481.9 $1,539.4 $57.5 3.9%
Food and Beverage Stores 3.2% $1,260.2 $1,316.9 $56.7 4.5%
Electronics and Appliance Stores 2.6% $1,143.7 $1,072.6 -$71.1 -6.2%
Miscellaneous Store Retailers 2.3% $704.6 $950.5 $246.0 34.9%
Source: Nevada Department of Taxation
Office Market
Henderson
18.3%

Vacancy Rate

Q1 '18
-3.0% vs. prior yr
0.1% vs. prior QTR
$2.07

Lease Rate

Q1 '18
1.2% vs. prior yr
0.3% vs. prior QTR
Las Vegas Area
18.3%
$1.96
Retail Market
Henderson
7.7%

Vacancy Rate

Q1 '18
-0.0% vs. prior yr
-0.3% vs. prior QTR
$1.60

Lease Rate

Q1 '18
-1.6% vs. prior yr
1.2% vs. prior QTR
Las Vegas Area
7.8%
$1.71
Industrial Market
Henderson
8.9%

Vacancy Rate

Q1 '18
0.9% vs. prior yr
-0.3% vs. prior QTR
$0.57

Lease Rate

Q1 '18
-3.5% vs. prior yr
6.9% vs. prior QTR
Las Vegas Area
7.9%
$0.61
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of May 27, 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