City of Henderson

Current
Economic
Update

As of September 21, 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
Jun '16 Jun '17 Net
Change
%
Change
Taxable Retail Sales 100.0% $39,242.7 $40,888.5 $1,645.8 4.2%
Food Services and Drinking Places 25.9% $10,132.5 $10,595.3 $462.8 4.6%
Motor Vehicle and Parts Dealers 11.5% $4,437.3 $4,692.6 $255.3 5.8%
General Merchandise Stores 8.3% $3,355.4 $3,411.6 $56.3 1.7%
Clothing and Clothing Accessories Stores 8.2% $3,409.6 $3,351.5 -$58.1 -1.7%
Merchant Wholesalers, Durable Goods 5.6% $2,157.7 $2,292.3 $134.6 6.2%
Building Material and Garden Equipment & Supplies 3.9% $1,386.0 $1,592.2 $206.3 14.9%
Rental and Leasing Services 3.7% $1,395.0 $1,497.6 $102.7 7.4%
Food and Beverage Stores 3.1% $1,240.2 $1,271.0 $30.8 2.5%
Electronics and Appliance Stores 2.7% $1,116.2 $1,120.9 $4.7 0.4%
Health and Personal Care Stores 2.2% $835.3 $888.8 $53.5 6.4%
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
19.3%
$1.94
Retail Market
Henderson
7.3%

Vacancy Rate

Q2 '17
-0.8% vs. prior yr
-0.2% vs. prior QTR
$1.69

Lease Rate

Q2 '17
-2.3% vs. prior yr
4.3% vs. prior QTR
Las Vegas Area
8.1%
$1.65
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
6.9%
$0.61
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of September 21, 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