City of Henderson

Current
Economic
Update

As of December 08, 2019
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
Sep '18 Sep '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $43,239.0 $46,633.9 $3,394.9 7.9%
Food Services and Drinking Places 23.2% $10,361.2 $10,809.3 $448.1 4.3%
Motor Vehicle and Parts Dealers 10.9% $4,864.0 $5,085.5 $221.5 4.6%
General Merchandise Stores 7.9% $3,570.1 $3,705.2 $135.2 3.8%
Clothing and Clothing Accessories Stores 7.3% $3,378.6 $3,411.5 $32.9 1.0%
Merchant Wholesalers, Durable Goods 6.6% $2,616.0 $3,092.9 $476.9 18.2%
Building Material and Garden Equipment & Supplies 4.0% $1,762.3 $1,844.0 $81.7 4.6%
Rental and Leasing Services 3.7% $1,591.9 $1,738.7 $146.9 9.2%
Food and Beverage Stores 2.9% $1,342.0 $1,364.4 $22.4 1.7%
Miscellaneous Store Retailers 2.8% $1,112.7 $1,308.5 $195.8 17.6%
Nonstore Retailers 2.8% $977.5 $1,288.2 $310.7 31.8%
Source: Nevada Department of Taxation
Office Market
Henderson
16.5%

Vacancy Rate

Q3 '19
-0.6% vs. prior yr
-0.2% vs. prior QTR
$2.12

Lease Rate

Q3 '19
2.1% vs. prior yr
-0.1% vs. prior QTR
Las Vegas Area
15.0%
$2.03
Retail Market
Henderson
7.8%

Vacancy Rate

Q3 '19
-0.4% vs. prior yr
-0.4% vs. prior QTR
$1.56

Lease Rate

Q3 '19
3.1% vs. prior yr
1.3% vs. prior QTR
Las Vegas Area
7.5%
$1.78
Industrial Market
Henderson
4.7%

Vacancy Rate

Q3 '19
-1.0% vs. prior yr
-0.8% vs. prior QTR
$0.69

Lease Rate

Q3 '19
12.9% vs. prior yr
-0.7% vs. prior QTR
Las Vegas Area
7.2%
$0.64
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of December 08, 2019
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
128

Acres Sold

Q1 '19
21.8% vs. prior yr
-24.5% vs. prior QTR
$53,550,847

Total Value

Q1 '19
0.4% vs. prior yr
-13.3% vs. prior QTR
$416,998

Price per acre

Q1 '19
-17.6% vs. prior yr
14.8% vs. prior QTR
Source: Applied Analysis; excludes resort transactions