City of Henderson

Current
Economic
Update

As of September 11, 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
Jun '23 Jun '24 Net
Change
%
Change
Taxable Retail Sales 100.0% $64,194.2 $66,080.2 $1,886.0 2.9%
Food Services and Drinking Places 19.8% $12,639.5 $13,111.6 $472.1 3.7%
Motor Vehicle and Parts Dealers 10.4% $6,711.9 $6,875.9 $164.0 2.4%
Nonstore Retailers 7.2% $4,430.3 $4,731.3 $301.0 6.8%
Merchant Wholesalers, Durable Goods 7.0% $4,548.2 $4,611.7 $63.5 1.4%
Clothing and Clothing Accessories Stores 6.7% $4,418.4 $4,449.9 $31.5 0.7%
General Merchandise Stores 6.7% $4,371.9 $4,397.3 $25.4 0.6%
Building Material and Garden Equipment & Supplies 3.9% $2,769.6 $2,604.9 -$164.7 -5.9%
Miscellaneous Store Retailers 2.9% $1,936.5 $1,884.6 -$51.9 -2.7%
Rental and Leasing Services 2.8% $1,805.5 $1,843.4 $37.9 2.1%
Food and Beverage Stores 2.7% $1,702.7 $1,784.1 $81.4 4.8%
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%
$2.60
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%
$1.12
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