City of Henderson

Current
Economic
Update

As of July 27, 2024
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
Apr '23 Apr '24 Net
Change
%
Change
Taxable Retail Sales 100.0% $63,827.3 $66,153.0 $2,325.7 3.6%
Food Services and Drinking Places 19.7% $12,613.3 $13,015.1 $401.8 3.2%
Motor Vehicle and Parts Dealers 10.4% $6,837.2 $6,893.6 $56.4 0.8%
Nonstore Retailers 7.1% $4,392.1 $4,685.2 $293.1 6.7%
Merchant Wholesalers, Durable Goods 6.9% $4,584.6 $4,542.8 -$41.8 -0.9%
Clothing and Clothing Accessories Stores 6.7% $4,467.1 $4,434.9 -$32.2 -0.7%
General Merchandise Stores 6.6% $4,405.9 $4,385.0 -$20.8 -0.5%
Building Material and Garden Equipment & Supplies 4.0% $2,832.9 $2,631.1 -$201.8 -7.1%
Miscellaneous Store Retailers 2.9% $1,930.4 $1,893.0 -$37.5 -1.9%
Rental and Leasing Services 2.8% $1,827.6 $1,834.3 $6.6 0.4%
Food and Beverage Stores 2.6% $1,720.7 $1,745.0 $24.3 1.4%
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
17.1%

Vacancy Rate

Q4 '23
0.5% vs. prior yr
0.1% vs. prior QTR
$2.21

Lease Rate

Q4 '23
0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
14.9%
$2.30
Retail Market
Henderson
4.9%

Vacancy Rate

Q4 '23
0.1% vs. prior yr
0.0% vs. prior QTR
$1.74

Lease Rate

Q4 '23
1.0% vs. prior yr
0.6% vs. prior QTR
Las Vegas Area
6.1%
$1.89
Industrial Market
Henderson
3.4%

Vacancy Rate

Q4 '23
0.1% vs. prior yr
-0.3% vs. prior QTR
$0.77

Lease Rate

Q4 '23
2.3% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
5.3%
$0.83
Source: Applied Analysis
Henderson Vacant Land
Transactions
72

Acres Sold

Q4 '23
72.1% vs. prior yr
-37.2% vs. prior QTR
$68,013,439

Total Value

Q4 '23
51.2% vs. prior yr
-26.5% vs. prior QTR
$950,041

Price per acre

Q4 '23
-12.2% vs. prior yr
17.0% vs. prior QTR
Source: Applied Analysis; excludes resort transactions