City of Henderson

Current
Economic
Update

As of September 21, 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
Jun '17 Jun '18 Net
Change
%
Change
Taxable Retail Sales 100.0% $40,888.5 $42,569.4 $1,680.9 4.1%
Food Services and Drinking Places 25.3% $10,560.1 $10,755.8 $195.7 1.9%
Motor Vehicle and Parts Dealers 11.3% $4,688.8 $4,826.5 $137.7 2.9%
General Merchandise Stores 8.3% $3,412.6 $3,526.0 $113.4 3.3%
Clothing and Clothing Accessories Stores 8.0% $3,347.0 $3,389.5 $42.5 1.3%
Merchant Wholesalers, Durable Goods 5.9% $2,288.3 $2,517.5 $229.2 10.0%
Building Material and Garden Equipment & Supplies 4.1% $1,590.7 $1,726.6 $135.9 8.5%
Rental and Leasing Services 3.7% $1,497.0 $1,569.7 $72.8 4.9%
Food and Beverage Stores 3.1% $1,271.1 $1,340.2 $69.1 5.4%
Miscellaneous Store Retailers 2.6% $744.8 $1,096.0 $351.1 47.1%
Electronics and Appliance Stores 2.5% $1,117.8 $1,082.0 -$35.8 -3.2%
Source: Nevada Department of Taxation
Office Market
Henderson
18.1%

Vacancy Rate

Q2 '18
-2.2% vs. prior yr
0.1% vs. prior QTR
$2.06

Lease Rate

Q2 '18
0.6% vs. prior yr
-0.7% vs. prior QTR
Las Vegas Area
17.9%
$1.98
Retail Market
Henderson
8.6%

Vacancy Rate

Q2 '18
1.0% vs. prior yr
0.9% vs. prior QTR
$1.58

Lease Rate

Q2 '18
-6.2% vs. prior yr
-1.3% vs. prior QTR
Las Vegas Area
7.8%
$1.69
Industrial Market
Henderson
5.0%

Vacancy Rate

Q2 '18
-1.7% vs. prior yr
-3.8% vs. prior QTR
$0.64

Lease Rate

Q2 '18
7.5% vs. prior yr
12.2% vs. prior QTR
Las Vegas Area
6.8%
$0.63
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of September 21, 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