City of Henderson

Current
Economic
Update

As of December 05, 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
Sep '20 Sep '21 Net
Change
%
Change
Taxable Retail Sales 100.0% $42,665.0 $51,246.4 $8,581.4 20.1%
Food Services and Drinking Places 17.4% $7,632.2 $8,905.5 $1,273.4 16.7%
Motor Vehicle and Parts Dealers 11.7% $4,808.5 $6,018.9 $1,210.4 25.2%
General Merchandise Stores 8.3% $3,687.9 $4,229.9 $542.0 14.7%
Nonstore Retailers 7.4% $2,871.9 $3,776.4 $904.4 31.5%
Merchant Wholesalers, Durable Goods 6.9% $3,012.8 $3,557.0 $544.2 18.1%
Clothing and Clothing Accessories Stores 6.7% $2,549.4 $3,422.2 $872.7 34.2%
Building Material and Garden Equipment & Supplies 5.0% $2,037.0 $2,537.6 $500.6 24.6%
Miscellaneous Store Retailers 3.4% $1,329.3 $1,767.5 $438.2 33.0%
Food and Beverage Stores 3.1% $1,497.2 $1,609.2 $112.0 7.5%
Rental and Leasing Services 2.9% $1,432.0 $1,471.9 $39.9 2.8%
Source: Nevada Department of Taxation
Office Market
Henderson
17.0%

Vacancy Rate

Q3 '21
-0.9% vs. prior yr
-0.2% vs. prior QTR
$2.20

Lease Rate

Q3 '21
0.9% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
16.3%
$2.11
Retail Market
Henderson
6.4%

Vacancy Rate

Q3 '21
-0.1% vs. prior yr
-0.1% vs. prior QTR
$1.78

Lease Rate

Q3 '21
6.1% vs. prior yr
3.4% vs. prior QTR
Las Vegas Area
6.9%
$1.79
Industrial Market
Henderson
8.1%

Vacancy Rate

Q3 '21
1.9% vs. prior yr
3.1% vs. prior QTR
$0.73

Lease Rate

Q3 '21
-6.1% vs. prior yr
-0.1% vs. prior QTR
Las Vegas Area
5.4%
$0.71
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of December 05, 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
232

Acres Sold

Q2 '21
71.2% vs. prior yr
55.5% vs. prior QTR
$132,421,340

Total Value

Q2 '21
73.0% vs. prior yr
40.0% vs. prior QTR
$570,413

Price per acre

Q2 '21
1.1% vs. prior yr
-9.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions