City of Henderson

Current
Economic
Update

As of November 21, 2018
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 '17 Aug '18 Net
Change
%
Change
Taxable Retail Sales 100.0% $41,083.5 $43,082.2 $1,998.6 4.9%
Food Services and Drinking Places 24.2% $10,640.4 $10,417.0 -$223.5 -2.1%
Motor Vehicle and Parts Dealers 11.4% $4,701.2 $4,891.9 $190.7 4.1%
General Merchandise Stores 8.3% $3,432.0 $3,561.3 $129.3 3.8%
Clothing and Clothing Accessories Stores 7.8% $3,334.5 $3,381.5 $47.0 1.4%
Merchant Wholesalers, Durable Goods 6.0% $2,323.1 $2,572.1 $249.0 10.7%
Building Material and Garden Equipment & Supplies 4.1% $1,615.3 $1,753.3 $138.0 8.5%
Rental and Leasing Services 3.7% $1,498.0 $1,587.7 $89.8 6.0%
Food and Beverage Stores 3.1% $1,281.9 $1,352.2 $70.3 5.5%
Miscellaneous Store Retailers 2.7% $796.9 $1,144.6 $347.7 43.6%
Electronics and Appliance Stores 2.5% $1,094.6 $1,087.6 -$7.0 -0.6%
Source: Nevada Department of Taxation
Office Market
Henderson
18.0%

Vacancy Rate

Q3 '18
-1.0% vs. prior yr
0.0% vs. prior QTR
$2.06

Lease Rate

Q3 '18
0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
17.7%
$2.00
Retail Market
Henderson
8.1%

Vacancy Rate

Q3 '18
-0.4% vs. prior yr
-0.5% vs. prior QTR
$0.00

Lease Rate

Q3 '18
-100.0% vs. prior yr
-100.0% vs. prior QTR
Las Vegas Area
7.4%
$1.74
Industrial Market
Henderson
4.8%

Vacancy Rate

Q3 '18
-3.7% vs. prior yr
-0.2% vs. prior QTR
$0.62

Lease Rate

Q3 '18
17.0% vs. prior yr
-3.1% vs. prior QTR
Las Vegas Area
6.7%
$0.63
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of November 21, 2018
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
46

Acres Sold

Q3 '17
-56.4% vs. prior yr
-63.0% vs. prior QTR
$20,769,450

Total Value

Q3 '17
-41.4% vs. prior yr
-23.5% vs. prior QTR
$448,100

Price per acre

Q3 '17
34.4% vs. prior yr
107.0% vs. prior QTR
Source: Applied Analysis; excludes resort transactions