City of Henderson

Current
Economic
Update

As of May 21, 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
Feb '18 Feb '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $41,786.4 $44,764.7 $2,978.3 7.1%
Food Services and Drinking Places 23.4% $10,668.7 $10,473.3 -$195.5 -1.8%
Motor Vehicle and Parts Dealers 11.1% $4,783.5 $4,985.1 $201.6 4.2%
General Merchandise Stores 8.1% $3,502.1 $3,636.8 $134.7 3.8%
Clothing and Clothing Accessories Stores 7.5% $3,360.5 $3,361.8 $1.3 0.0%
Merchant Wholesalers, Durable Goods 6.3% $2,425.6 $2,837.6 $412.0 17.0%
Building Material and Garden Equipment & Supplies 4.0% $1,687.0 $1,803.5 $116.5 6.9%
Rental and Leasing Services 3.7% $1,538.4 $1,635.2 $96.9 6.3%
Food and Beverage Stores 3.0% $1,316.1 $1,356.7 $40.6 3.1%
Miscellaneous Store Retailers 2.8% $949.8 $1,234.3 $284.6 30.0%
Electronics and Appliance Stores 2.5% $1,068.4 $1,109.7 $41.3 3.9%
Source: Nevada Department of Taxation
Office Market
Henderson
17.6%

Vacancy Rate

Q1 '19
-0.1% vs. prior yr
-0.4% vs. prior QTR
$2.09

Lease Rate

Q1 '19
1.0% vs. prior yr
1.0% vs. prior QTR
Las Vegas Area
16.0%
$2.01
Retail Market
Henderson
8.0%

Vacancy Rate

Q1 '19
0.2% vs. prior yr
0.0% vs. prior QTR
$1.52

Lease Rate

Q1 '19
-4.8% vs. prior yr
-2.1% vs. prior QTR
Las Vegas Area
7.7%
$1.74
Industrial Market
Henderson
5.2%

Vacancy Rate

Q1 '19
-3.6% vs. prior yr
-0.9% vs. prior QTR
$0.70

Lease Rate

Q1 '19
22.5% vs. prior yr
4.7% vs. prior QTR
Las Vegas Area
6.3%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of May 21, 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
170

Acres Sold

Q4 '18
2.4% vs. prior yr
18.9% vs. prior QTR
$61,783,310

Total Value

Q4 '18
16.0% vs. prior yr
29.3% vs. prior QTR
$363,132

Price per acre

Q4 '18
13.2% vs. prior yr
8.7% vs. prior QTR
Source: Applied Analysis; excludes resort transactions