City of Henderson

Current
Economic
Update

As of June 22, 2021
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
Mar '20 Mar '21 Net
Change
%
Change
Taxable Retail Sales 100.0% $46,860.4 $42,532.2 -$4,328.2 -9.2%
Food Services and Drinking Places 14.5% $10,449.9 $6,170.7 -$4,279.1 -40.9%
Motor Vehicle and Parts Dealers 12.2% $4,948.9 $5,190.5 $241.6 4.9%
General Merchandise Stores 9.0% $3,713.3 $3,830.3 $117.0 3.1%
Nonstore Retailers 8.1% $1,895.6 $3,439.6 $1,544.0 81.5%
Merchant Wholesalers, Durable Goods 7.4% $3,135.8 $3,131.6 -$4.2 -0.1%
Clothing and Clothing Accessories Stores 5.6% $3,287.4 $2,367.7 -$919.7 -28.0%
Building Material and Garden Equipment & Supplies 5.3% $1,882.8 $2,249.0 $366.2 19.5%
Food and Beverage Stores 3.7% $1,403.5 $1,572.2 $168.7 12.0%
Miscellaneous Store Retailers 3.4% $1,350.4 $1,456.1 $105.7 7.8%
Rental and Leasing Services 2.9% $1,757.7 $1,219.8 -$537.9 -30.6%
Source: Nevada Department of Taxation
Office Market
Henderson
17.2%

Vacancy Rate

Q1 '21
1.1% vs. prior yr
-1.2% vs. prior QTR
$2.16

Lease Rate

Q1 '21
0.1% vs. prior yr
-2.0% vs. prior QTR
Las Vegas Area
16.5%
$2.07
Retail Market
Henderson
6.7%

Vacancy Rate

Q1 '21
0.5% vs. prior yr
-0.5% vs. prior QTR
$1.74

Lease Rate

Q1 '21
4.2% vs. prior yr
-0.6% vs. prior QTR
Las Vegas Area
7.3%
$1.79
Industrial Market
Henderson
5.3%

Vacancy Rate

Q1 '21
-0.3% vs. prior yr
-0.1% vs. prior QTR
$0.73

Lease Rate

Q1 '21
-5.0% vs. prior yr
-1.5% vs. prior QTR
Las Vegas Area
6.1%
$0.68
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of June 22, 2021
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 Vacant Land
Transactions
507

Acres Sold

Q4 '20
15.3% vs. prior yr
168.9% vs. prior QTR
$232,006,225

Total Value

Q4 '20
136.8% vs. prior yr
136.8% vs. prior QTR
$457,759

Price per acre

Q4 '20
105.4% vs. prior yr
-11.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions