City of Henderson

Current
Economic
Update

As of September 18, 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
Jun '18 Jun '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $42,569.4 $45,901.5 $3,332.1 7.8%
Food Services and Drinking Places 22.8% $10,717.9 $10,483.9 -$234.0 -2.2%
Motor Vehicle and Parts Dealers 11.0% $4,805.4 $5,061.6 $256.2 5.3%
General Merchandise Stores 8.0% $3,525.3 $3,680.3 $154.9 4.4%
Clothing and Clothing Accessories Stores 7.4% $3,386.3 $3,405.7 $19.4 0.6%
Merchant Wholesalers, Durable Goods 6.5% $2,522.7 $2,985.7 $463.0 18.4%
Building Material and Garden Equipment & Supplies 4.0% $1,725.8 $1,834.9 $109.1 6.3%
Rental and Leasing Services 3.6% $1,568.7 $1,649.2 $80.5 5.1%
Food and Beverage Stores 3.0% $1,339.0 $1,355.0 $16.0 1.2%
Miscellaneous Store Retailers 2.8% $1,059.5 $1,267.6 $208.1 19.6%
Nonstore Retailers 2.6% $931.8 $1,212.8 $281.0 30.2%
Source: Nevada Department of Taxation
Office Market
Henderson
16.8%

Vacancy Rate

Q2 '19
-0.4% vs. prior yr
-0.0% vs. prior QTR
$2.11

Lease Rate

Q2 '19
2.5% vs. prior yr
0.9% vs. prior QTR
Las Vegas Area
15.4%
$2.02
Retail Market
Henderson
8.2%

Vacancy Rate

Q2 '19
-0.6% vs. prior yr
0.2% vs. prior QTR
$1.54

Lease Rate

Q2 '19
-2.7% vs. prior yr
0.9% vs. prior QTR
Las Vegas Area
7.6%
$1.76
Industrial Market
Henderson
5.5%

Vacancy Rate

Q2 '19
0.6% vs. prior yr
0.5% vs. prior QTR
$0.69

Lease Rate

Q2 '19
8.3% vs. prior yr
-0.4% vs. prior QTR
Las Vegas Area
6.6%
$0.65
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of September 18, 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