City of Henderson

Current
Economic
Update

As of September 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
Jun '20 Jun '21 Net
Change
%
Change
Taxable Retail Sales 100.0% $43,834.8 $47,524.0 $3,689.2 8.4%
Food Services and Drinking Places 16.2% $8,709.9 $7,715.4 -$994.5 -11.4%
Motor Vehicle and Parts Dealers 12.1% $4,782.2 $5,744.4 $962.2 20.1%
General Merchandise Stores 8.6% $3,670.3 $4,073.5 $403.2 11.0%
Nonstore Retailers 7.6% $2,408.9 $3,614.5 $1,205.6 50.0%
Merchant Wholesalers, Durable Goods 7.1% $3,043.2 $3,361.8 $318.6 10.5%
Clothing and Clothing Accessories Stores 6.5% $2,729.2 $3,067.4 $338.2 12.4%
Building Material and Garden Equipment & Supplies 5.0% $1,976.3 $2,381.0 $404.7 20.5%
Miscellaneous Store Retailers 3.5% $1,298.4 $1,652.6 $354.1 27.3%
Food and Beverage Stores 3.4% $1,440.8 $1,608.3 $167.5 11.6%
Rental and Leasing Services 2.9% $1,606.2 $1,364.5 -$241.8 -15.1%
Source: Nevada Department of Taxation
Office Market
Henderson
17.2%

Vacancy Rate

Q2 '21
0.6% vs. prior yr
0.3% vs. prior QTR
$2.20

Lease Rate

Q2 '21
2.4% vs. prior yr
1.8% vs. prior QTR
Las Vegas Area
16.7%
$2.08
Retail Market
Henderson
6.5%

Vacancy Rate

Q2 '21
0.4% vs. prior yr
-0.3% vs. prior QTR
$1.72

Lease Rate

Q2 '21
0.5% vs. prior yr
-1.3% vs. prior QTR
Las Vegas Area
7.1%
$1.80
Industrial Market
Henderson
5.0%

Vacancy Rate

Q2 '21
-0.3% vs. prior yr
-0.3% vs. prior QTR
$0.73

Lease Rate

Q2 '21
-2.8% vs. prior yr
0.7% vs. prior QTR
Las Vegas Area
5.9%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of September 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
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