City of Henderson

Current
Economic
Update

As of February 18, 2020
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
Nov '18 Nov '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $43,994.4 $47,063.7 $3,069.3 7.0%
Food Services and Drinking Places 23.0% $10,421.7 $10,818.8 $397.1 3.8%
Motor Vehicle and Parts Dealers 10.8% $4,907.0 $5,093.9 $186.8 3.8%
General Merchandise Stores 7.9% $3,626.1 $3,718.9 $92.8 2.6%
Clothing and Clothing Accessories Stores 7.3% $3,411.1 $3,415.1 $4.1 0.1%
Merchant Wholesalers, Durable Goods 6.6% $2,710.7 $3,110.6 $399.9 14.8%
Building Material and Garden Equipment & Supplies 3.9% $1,785.7 $1,847.6 $61.9 3.5%
Rental and Leasing Services 3.7% $1,607.4 $1,764.3 $157.0 9.8%
Nonstore Retailers 3.2% $1,032.0 $1,494.1 $462.1 44.8%
Food and Beverage Stores 2.9% $1,350.9 $1,386.0 $35.1 2.6%
Miscellaneous Store Retailers 2.8% $1,150.0 $1,338.7 $188.7 16.4%
Source: Nevada Department of Taxation
Office Market
Henderson
15.7%

Vacancy Rate

Q4 '19
-1.9% vs. prior yr
-0.9% vs. prior QTR
$2.10

Lease Rate

Q4 '19
0.6% vs. prior yr
-0.7% vs. prior QTR
Las Vegas Area
14.5%
$2.03
Retail Market
Henderson
6.6%

Vacancy Rate

Q4 '19
-1.4% vs. prior yr
-1.4% vs. prior QTR
$1.67

Lease Rate

Q4 '19
7.4% vs. prior yr
5.0% vs. prior QTR
Las Vegas Area
7.1%
$1.76
Industrial Market
Henderson
4.6%

Vacancy Rate

Q4 '19
-1.4% vs. prior yr
-0.1% vs. prior QTR
$0.69

Lease Rate

Q4 '19
4.5% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
6.9%
$0.65
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of February 18, 2020
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
154

Acres Sold

Q3 '19
7.3% vs. prior yr
25.4% vs. prior QTR
$77,494,013

Total Value

Q3 '19
62.1% vs. prior yr
42.2% vs. prior QTR
$504,387

Price per acre

Q3 '19
51.0% vs. prior yr
13.3% vs. prior QTR
Source: Applied Analysis; excludes resort transactions