City of Henderson

Current
Economic
Update

As of July 19, 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
Apr '17 Apr '18 Net
Change
%
Change
Taxable Retail Sales 100.0% $40,689.0 $42,148.8 $1,459.7 3.6%
Food Services and Drinking Places 25.5% $10,517.9 $10,740.4 $222.5 2.1%
Motor Vehicle and Parts Dealers 11.5% $4,632.5 $4,834.9 $202.5 4.4%
General Merchandise Stores 8.3% $3,394.0 $3,503.0 $108.9 3.2%
Clothing and Clothing Accessories Stores 8.0% $3,368.5 $3,375.6 $7.1 0.2%
Merchant Wholesalers, Durable Goods 5.8% $2,245.2 $2,462.1 $216.9 9.7%
Building Material and Garden Equipment & Supplies 4.0% $1,557.3 $1,705.7 $148.4 9.5%
Rental and Leasing Services 3.7% $1,490.3 $1,557.5 $67.3 4.5%
Food and Beverage Stores 3.1% $1,262.1 $1,324.1 $62.0 4.9%
Electronics and Appliance Stores 2.6% $1,138.9 $1,078.0 -$60.8 -5.3%
Miscellaneous Store Retailers 2.5% $723.7 $1,043.3 $319.5 44.2%
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 July 19, 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