City of Henderson

Current
Economic
Update

As of July 30, 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
May '20 May '21 Net
Change
%
Change
Taxable Retail Sales 100.0% $44,383.8 $46,214.9 $1,831.1 4.1%
Food Services and Drinking Places 15.8% $9,134.4 $7,299.3 -$1,835.1 -20.1%
Motor Vehicle and Parts Dealers 12.2% $4,741.1 $5,653.3 $912.3 19.2%
General Merchandise Stores 8.7% $3,663.7 $4,025.6 $361.9 9.9%
Nonstore Retailers 7.7% $2,237.3 $3,555.2 $1,317.9 58.9%
Merchant Wholesalers, Durable Goods 7.1% $3,048.5 $3,292.6 $244.1 8.0%
Clothing and Clothing Accessories Stores 6.3% $2,835.3 $2,898.4 $63.2 2.2%
Building Material and Garden Equipment & Supplies 5.1% $1,940.8 $2,334.8 $394.0 20.3%
Food and Beverage Stores 3.5% $1,425.5 $1,600.8 $175.3 12.3%
Miscellaneous Store Retailers 3.5% $1,304.2 $1,598.0 $293.8 22.5%
Rental and Leasing Services 2.8% $1,649.4 $1,314.0 -$335.4 -20.3%
Source: Nevada Department of Taxation
Office Market
Henderson
17.2%

Vacancy Rate

Q1 '21
1.1% vs. prior yr
-1.2% vs. prior QTR
$2.16

Lease Rate

Q1 '21
0.1% vs. prior yr
-2.0% vs. prior QTR
Las Vegas Area
16.5%
$2.07
Retail Market
Henderson
6.7%

Vacancy Rate

Q1 '21
0.5% vs. prior yr
-0.5% vs. prior QTR
$1.74

Lease Rate

Q1 '21
4.2% vs. prior yr
-0.6% vs. prior QTR
Las Vegas Area
7.3%
$1.79
Industrial Market
Henderson
5.3%

Vacancy Rate

Q1 '21
-0.3% vs. prior yr
-0.1% vs. prior QTR
$0.73

Lease Rate

Q1 '21
-5.0% vs. prior yr
-1.5% vs. prior QTR
Las Vegas Area
6.1%
$0.68
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of July 30, 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