City of Henderson

Current
Economic
Update

As of October 28, 2020
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
Jul '19 Jul '20 Net
Change
%
Change
Taxable Retail Sales 100.0% $46,032.8 $43,496.9 -$2,535.9 -5.5%
Food Services and Drinking Places 19.1% $10,736.3 $8,327.1 -$2,409.2 -22.4%
Motor Vehicle and Parts Dealers 11.1% $4,994.4 $4,813.9 -$180.5 -3.6%
General Merchandise Stores 8.5% $3,684.2 $3,678.0 -$6.1 -0.2%
Merchant Wholesalers, Durable Goods 7.0% $3,090.0 $3,033.1 -$57.0 -1.8%
Clothing and Clothing Accessories Stores 6.1% $3,412.0 $2,650.8 -$761.2 -22.3%
Nonstore Retailers 6.0% $1,192.9 $2,591.6 $1,398.7 117.3%
Building Material and Garden Equipment & Supplies 4.6% $1,843.1 $1,990.5 $147.4 8.0%
Rental and Leasing Services 3.6% $1,652.8 $1,566.1 -$86.8 -5.2%
Food and Beverage Stores 3.4% $1,351.5 $1,464.1 $112.6 8.3%
Miscellaneous Store Retailers 3.0% $1,288.1 $1,300.5 $12.4 1.0%
Source: Nevada Department of Taxation
Office Market
Henderson
16.5%

Vacancy Rate

Q2 '20
-0.4% vs. prior yr
0.4% vs. prior QTR
$2.14

Lease Rate

Q2 '20
0.7% vs. prior yr
-0.6% vs. prior QTR
Las Vegas Area
14.8%
$2.05
Retail Market
Henderson
6.1%

Vacancy Rate

Q2 '20
-2.1% vs. prior yr
-0.2% vs. prior QTR
$1.71

Lease Rate

Q2 '20
11.2% vs. prior yr
2.1% vs. prior QTR
Las Vegas Area
6.9%
$1.77
Industrial Market
Henderson
5.4%

Vacancy Rate

Q2 '20
-0.1% vs. prior yr
-0.4% vs. prior QTR
$0.78

Lease Rate

Q2 '20
13.6% vs. prior yr
0.8% vs. prior QTR
Las Vegas Area
6.6%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of October 28, 2020
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
136

Acres Sold

Q2 '20
10.8% vs. prior yr
-24.8% vs. prior QTR
$76,550,454

Total Value

Q2 '20
40.4% vs. prior yr
-3.0% vs. prior QTR
$564,407

Price per acre

Q2 '20
26.8% vs. prior yr
28.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions