City of Henderson

Current
Economic
Update

As of November 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
Aug '18 Aug '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $43,082.2 $46,360.7 $3,278.6 7.6%
Food Services and Drinking Places 23.3% $10,388.8 $10,784.6 $395.7 3.8%
Motor Vehicle and Parts Dealers 11.0% $4,864.0 $5,087.0 $223.0 4.6%
General Merchandise Stores 8.0% $3,560.6 $3,699.0 $138.3 3.9%
Clothing and Clothing Accessories Stores 7.4% $3,382.7 $3,418.1 $35.4 1.0%
Merchant Wholesalers, Durable Goods 6.6% $2,586.6 $3,063.4 $476.8 18.4%
Building Material and Garden Equipment & Supplies 4.0% $1,752.7 $1,843.2 $90.5 5.2%
Rental and Leasing Services 3.7% $1,586.6 $1,723.9 $137.3 8.7%
Food and Beverage Stores 2.9% $1,350.7 $1,354.2 $3.5 0.3%
Miscellaneous Store Retailers 2.8% $1,097.4 $1,293.0 $195.6 17.8%
Nonstore Retailers 2.7% $960.7 $1,259.5 $298.8 31.1%
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 November 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