City of Henderson

Current
Economic
Update

As of March 22, 2023
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
Dec '21 Dec '22 Net
Change
%
Change
Taxable Retail Sales 100.0% $55,076.0 $62,497.4 $7,421.5 13.5%
Food Services and Drinking Places 19.5% $10,172.4 $12,162.6 $1,990.2 19.6%
Merchant Wholesalers, Durable Goods 7.1% $3,688.7 $4,433.0 $744.3 20.2%
Rental and Leasing Services 2.9% $1,604.9 $1,831.3 $226.5 14.1%
Professional, Scientific, and Technical Services 1.8% $1,078.1 $1,109.9 $31.8 2.9%
Specialty Trade Contractors 1.6% $772.2 $990.6 $218.4 28.3%
Merchant Wholesalers, Nondurable Goods 1.3% $744.0 $808.8 $64.7 8.7%
Administrative and Support Services 1.3% $591.6 $796.6 $205.0 34.6%
Utilities 0.2% $131.8 $152.5 $20.7 15.7%
Source: Nevada Department of Taxation
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
Office Market
Henderson
17.6%

Vacancy Rate

Q3 '22
0.6% vs. prior yr
0.5% vs. prior QTR
$2.21

Lease Rate

Q3 '22
0.7% vs. prior yr
0.5% vs. prior QTR
Las Vegas Area
15.5%
$2.24
Retail Market
Henderson
5.0%

Vacancy Rate

Q3 '22
-1.7% vs. prior yr
-0.8% vs. prior QTR
$1.75

Lease Rate

Q3 '22
-1.6% vs. prior yr
6.3% vs. prior QTR
Las Vegas Area
6.2%
$1.84
Industrial Market
Henderson
3.1%

Vacancy Rate

Q3 '22
-4.8% vs. prior yr
-0.9% vs. prior QTR
$0.75

Lease Rate

Q3 '22
3.2% vs. prior yr
-4.2% vs. prior QTR
Las Vegas Area
3.9%
$0.81
Source: Applied Analysis
Henderson Vacant Land
Transactions
253

Acres Sold

Q1 '22
69.2% vs. prior yr
-66.6% vs. prior QTR
$112,640,595

Total Value

Q1 '22
19.1% vs. prior yr
-72.4% vs. prior QTR
$445,942

Price per acre

Q1 '22
-29.6% vs. prior yr
-17.2% vs. prior QTR
Source: Applied Analysis; excludes resort transactions