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) Feb-24 168,460 167,371 161,985 0.7% 4.0%

Labor Force

Henderson (NV) Feb-24 177,009 176,236 171,410 0.4% 3.3%

Unemployment Rate

Henderson (NV) Feb-24 4.8% 5.0% 5.5% -0.2% -0.7%

Unemployment

Henderson (NV) Feb-24 8,549 8,865 9,425 -3.6% -9.3%

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-21 $252.02 $243.80 $206.92 3.4% 21.8%

Existing Home Average Price Per Square Foot

Henderson (NV) Dec-21 $250.89 $248.13 $203.23 1.1% 23.5%

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) Feb-24 1 6 6 -83.3% -83.3%

Notices of Trustee Sale

Henderson (NV) Feb-24 13 10 16 30.0% -18.8%

Notices of Default

Henderson (NV) Feb-24 24 28 22 -14.3% 9.1%

New Home Median Closing Price

Henderson (NV) Dec-21 $456,578 $469,915 $395,840 -2.8% 15.3%

New Home Closings

Henderson (NV) Dec-21 254 241 238 5.4% 6.7%

Existing Home Median Closing Price

Henderson (NV) Dec-21 $450,000 $439,900 $369,000 2.3% 22.0%

Existing Home Closings

Henderson (NV) Dec-21 823 807 763 2.0% 7.9%

Consolidated Tax Distribution (Tier 2)

Henderson (NV) Dec-23 $16,487,590 $14,086,466 $16,444,830 17.0% 0.3%

Gross Casino Gaming Revenue

Boulder Strip (NV) Feb-24 $75,685,118 $93,152,931 $75,267,907 -18.8% 0.6%

Population

Henderson (NV) 2022 333,753 331,913 331,913 0.6% 0.6%

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 2022 41.6 143.7 757.1 -71.1% -94.5%

Vacant Land - Total Value (Excluding Resort)

Henderson (NV) Q4 2022 $44,995,960.00 $133,275,339.00 $407,763,636.00 -66.2% -89.0%

Vacant Land - Price per Acre (Excluding Resort)

Henderson (NV) Q4 2022 $1,081,893.72 $927,519.93 $538,564.89 16.6% 100.9%

Vacant Land - Price per SF (Excluding Resort)

Henderson (NV) Q4 2022 $24.84 $21.29 $12.36 16.6% 100.9%

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