City of Henderson

Current
Economic
Update

As of April 23, 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
Jan '20 Jan '21 Net
Change
%
Change
Taxable Retail Sales 100.0% $47,772.9 $41,111.4 -$6,661.6 -13.9%
Food Services and Drinking Places 15.0% $10,973.0 $6,171.8 -$4,801.1 -43.8%
Motor Vehicle and Parts Dealers 11.8% $5,113.6 $4,857.0 -$256.6 -5.0%
General Merchandise Stores 9.0% $3,741.2 $3,706.1 -$35.2 -0.9%
Nonstore Retailers 7.8% $1,687.0 $3,214.5 $1,527.5 90.5%
Merchant Wholesalers, Durable Goods 7.4% $3,162.7 $3,049.6 -$113.1 -3.6%
Clothing and Clothing Accessories Stores 5.4% $3,467.9 $2,229.2 -$1,238.7 -35.7%
Building Material and Garden Equipment & Supplies 5.3% $1,847.1 $2,159.1 $312.0 16.9%
Food and Beverage Stores 3.8% $1,386.4 $1,555.0 $168.6 12.2%
Miscellaneous Store Retailers 3.3% $1,372.0 $1,361.7 -$10.3 -0.7%
Rental and Leasing Services 3.0% $1,766.2 $1,243.7 -$522.5 -29.6%
Source: Nevada Department of Taxation
Office Market
Henderson
18.2%

Vacancy Rate

Q4 '20
2.5% vs. prior yr
0.3% vs. prior QTR
$2.20

Lease Rate

Q4 '20
4.8% vs. prior yr
1.2% vs. prior QTR
Las Vegas Area
16.3%
$2.06
Retail Market
Henderson
6.8%

Vacancy Rate

Q4 '20
0.4% vs. prior yr
0.3% vs. prior QTR
$1.76

Lease Rate

Q4 '20
4.2% vs. prior yr
4.9% vs. prior QTR
Las Vegas Area
7.2%
$1.78
Industrial Market
Henderson
5.0%

Vacancy Rate

Q4 '20
0.6% vs. prior yr
-0.8% vs. prior QTR
$0.74

Lease Rate

Q4 '20
11.8% vs. prior yr
-5.3% vs. prior QTR
Las Vegas Area
7.3%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of April 23, 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
507

Acres Sold

Q4 '20
15.3% vs. prior yr
168.9% vs. prior QTR
$232,006,225

Total Value

Q4 '20
136.8% vs. prior yr
136.8% vs. prior QTR
$457,759

Price per acre

Q4 '20
105.4% vs. prior yr
-11.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions