Economic Summary

   
Indicator
Location
Date
Latest
Period
Prior
Period
One
Year Ago
Change vs.
Prior Period
Change vs.
Year Ago

Labor Force Employment

Henderson (NV) May-24 168,128 168,526 165,659 -0.2% 1.5%

Labor Force

Henderson (NV) Apr-24 177,164 176,554 173,350 0.3% 2.2%

Unemployment Rate

Henderson (NV) May-24 5.2% 4.9% 4.9% 0.3% 0.3%

Unemployment

Henderson (NV) Apr-24 8,638 8,416 8,218 2.8% 5.3%

Retail Market Avg. Asking Rents PSF

Henderson (NV) Q4 2023 $1.74 $1.73 $1.72 0.6% 1.0%

Industrial Market Inventory

Henderson (NV) Q4 2023 20,442,889 20,442,889 20,442,889 0.0% 0.0%

New Home Average Price Per Square Foot

Henderson (NV) Dec-23 $265.35 $265.12 $260.70 0.1% 1.8%

Existing Home Average Price Per Square Foot

Henderson (NV) Dec-23 $267.89 $269.74 $246.44 -0.7% 8.7%

Retail Market Inventory

Henderson (NV) Q4 2023 10,055,625 10,055,625 9,956,381 0.0% 1.0%

Industrial Market Vacancy Rate

Henderson (NV) Q4 2023 3.4% 3.7% 3.2% -0.3% 0.1%

Industrial Market Avg. Asking Rents PSF

Henderson (NV) Q4 2023 $0.77 $0.77 $0.75 0.0% 2.3%

Office Market Vacancy Rate

Henderson (NV) Q4 2023 17.1% 16.9% 16.6% 0.1% 0.5%

Office Market Avg. Asking Rents PSF

Henderson (NV) Q4 2023 $2.21 $2.21 $2.21 0.0% 0.0%

Office Market Inventory

Henderson (NV) Q4 2023 7,574,315 7,574,315 7,488,805 0.0% 1.1%

Trustee Deeds (Foreclosures)

Henderson (NV) May-24 5 2 7 150.0% -28.6%

Notices of Trustee Sale

Henderson (NV) May-24 17 10 11 70.0% 54.5%

Notices of Default

Henderson (NV) May-24 23 16 33 43.8% -30.3%

New Home Median Closing Price

Henderson (NV) Dec-23 $475,742 $462,551 $493,421 2.9% -3.6%

New Home Closings

Henderson (NV) Dec-23 260 210 187 23.8% 39.0%

Existing Home Median Closing Price

Henderson (NV) Dec-23 $455,000 $445,000 $425,000 2.2% 7.1%

Existing Home Closings

Henderson (NV) Dec-23 359 328 341 9.5% 5.3%

Consolidated Tax Distribution (Tier 2)

Henderson (NV) Apr-24 $14,361,131 $15,814,800 $13,103,086 -9.2% 9.6%

Gross Casino Gaming Revenue

Boulder Strip (NV) May-24 $84,919,317 $83,122,590 $89,849,838 2.2% -5.5%

Population

Henderson (NV) 2023 343,486 333,753 333,753 2.9% 2.9%

Retail Market Vacancy Rate

Henderson (NV) Q4 2023 4.9% 4.9% 4.8% 0.0% 0.1%

Vacant Land - Number of Acres Sold (Excluding Resort)

Henderson (NV) Q4 2023 71.6 114.0 41.6 -37.2% 72.1%

Vacant Land - Total Value (Excluding Resort)

Henderson (NV) Q4 2023 $68,013,439.00 $92,547,467.00 $44,995,960.00 -26.5% 51.2%

Vacant Land - Price per Acre (Excluding Resort)

Henderson (NV) Q4 2023 $950,041.05 $812,033.58 $1,081,893.72 17.0% -12.2%

Vacant Land - Price per SF (Excluding Resort)

Henderson (NV) Q4 2023 $21.81 $18.64 $24.84 17.0% -12.2%

Value of Total Permits

Henderson (NV) Jan-24 $69,771,011 $52,960,371 n.a. 31.7%

Total Permits

Henderson (NV) Jan-24 1,547 1,478 n.a. 4.7%
Indicator
Location
Date
Latest
Period
Prior
Period
One
Year Ago
Change vs.
Prior Period
Change vs.
Year Ago