City of Henderson

Current
Economic
Update

As of January 27, 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
Oct '19 Oct '20 Net
Change
%
Change
Taxable Retail Sales 100.0% $46,881.7 $42,384.3 -$4,497.4 -9.6%
Food Services and Drinking Places 17.3% $10,817.5 $7,351.4 -$3,466.2 -32.0%
Motor Vehicle and Parts Dealers 11.5% $5,038.9 $4,863.9 -$175.1 -3.5%
General Merchandise Stores 8.7% $3,711.1 $3,699.6 -$11.6 -0.3%
Merchant Wholesalers, Durable Goods 7.2% $3,148.2 $3,052.0 -$96.2 -3.1%
Nonstore Retailers 6.9% $1,346.2 $2,941.6 $1,595.5 118.5%
Clothing and Clothing Accessories Stores 5.9% $3,413.6 $2,501.3 -$912.3 -26.7%
Building Material and Garden Equipment & Supplies 4.9% $1,848.5 $2,061.8 $213.3 11.5%
Food and Beverage Stores 3.6% $1,356.6 $1,518.1 $161.5 11.9%
Rental and Leasing Services 3.2% $1,769.5 $1,368.1 -$401.4 -22.7%
Miscellaneous Store Retailers 3.2% $1,330.0 $1,335.5 $5.5 0.4%
Source: Nevada Department of Taxation
Office Market
Henderson
17.9%

Vacancy Rate

Q3 '20
1.3% vs. prior yr
1.3% vs. prior QTR
$2.18

Lease Rate

Q3 '20
2.5% vs. prior yr
1.4% vs. prior QTR
Las Vegas Area
15.8%
$2.05
Retail Market
Henderson
6.5%

Vacancy Rate

Q3 '20
-1.4% vs. prior yr
0.4% vs. prior QTR
$1.67

Lease Rate

Q3 '20
5.3% vs. prior yr
-2.1% vs. prior QTR
Las Vegas Area
7.0%
$1.79
Industrial Market
Henderson
6.0%

Vacancy Rate

Q3 '20
1.3% vs. prior yr
0.5% vs. prior QTR
$0.79

Lease Rate

Q3 '20
15.1% vs. prior yr
3.5% vs. prior QTR
Las Vegas Area
6.6%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of January 27, 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
189

Acres Sold

Q3 '20
22.7% vs. prior yr
39.0% vs. prior QTR
$97,974,034

Total Value

Q3 '20
26.4% vs. prior yr
28.0% vs. prior QTR
$519,729

Price per acre

Q3 '20
3.0% vs. prior yr
-7.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions