City of Henderson

Current
Economic
Update

As of April 03, 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
Dec '18 Dec '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $44,318.9 $47,552.0 $3,233.1 7.3%
Food Services and Drinking Places 22.9% $10,472.8 $10,902.4 $429.7 4.1%
Motor Vehicle and Parts Dealers 10.8% $4,922.1 $5,121.2 $199.1 4.0%
General Merchandise Stores 7.9% $3,640.5 $3,741.3 $100.7 2.8%
Clothing and Clothing Accessories Stores 7.2% $3,417.0 $3,442.7 $25.6 0.8%
Merchant Wholesalers, Durable Goods 6.6% $2,750.5 $3,129.5 $379.0 13.8%
Building Material and Garden Equipment & Supplies 3.9% $1,792.2 $1,844.9 $52.7 2.9%
Rental and Leasing Services 3.7% $1,645.4 $1,754.4 $109.0 6.6%
Nonstore Retailers 3.5% $1,062.9 $1,652.8 $589.9 55.5%
Food and Beverage Stores 2.9% $1,358.6 $1,388.3 $29.8 2.2%
Miscellaneous Store Retailers 2.9% $1,167.7 $1,357.0 $189.3 16.2%
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 April 03, 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 Vacant Land
Transactions
440

Acres Sold

Q4 '19
158.4% vs. prior yr
186.3% vs. prior QTR
$97,979,441

Total Value

Q4 '19
58.6% vs. prior yr
26.4% vs. prior QTR
$222,843

Price per acre

Q4 '19
-38.6% vs. prior yr
-55.8% vs. prior QTR
Source: Applied Analysis; excludes resort transactions