City of Henderson

Current
Economic
Update

As of November 13, 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
Jul '23 Jul '24 Net
Change
%
Change
Taxable Retail Sales 100.0% $64,601.1 $65,839.4 $1,238.4 1.9%
Food Services and Drinking Places 19.8% $12,641.0 $13,041.3 $400.3 3.2%
Motor Vehicle and Parts Dealers 10.3% $6,894.6 $6,764.7 -$129.9 -1.9%
Nonstore Retailers 7.2% $4,453.6 $4,763.8 $310.2 7.0%
Merchant Wholesalers, Durable Goods 7.0% $4,545.9 $4,637.5 $91.6 2.0%
Clothing and Clothing Accessories Stores 6.7% $4,404.9 $4,415.5 $10.5 0.2%
General Merchandise Stores 6.7% $4,355.3 $4,405.8 $50.5 1.2%
Building Material and Garden Equipment & Supplies 3.9% $2,746.6 $2,586.7 -$159.9 -5.8%
Miscellaneous Store Retailers 2.9% $1,935.0 $1,906.6 -$28.4 -1.5%
Rental and Leasing Services 2.8% $1,812.8 $1,839.0 $26.2 1.4%
Food and Beverage Stores 2.7% $1,727.9 $1,792.1 $64.2 3.7%
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
17.5%

Vacancy Rate

Q2 '24
0.4% vs. prior yr
0.5% vs. prior QTR
$2.21

Lease Rate

Q2 '24
0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
15.6%
$2.34
Retail Market
Henderson
4.2%

Vacancy Rate

Q2 '24
-0.9% vs. prior yr
-0.5% vs. prior QTR
$1.67

Lease Rate

Q2 '24
-1.1% vs. prior yr
-4.5% vs. prior QTR
Las Vegas Area
5.7%
$1.88
Industrial Market
Henderson
5.7%

Vacancy Rate

Q2 '24
2.2% vs. prior yr
0.5% vs. prior QTR
$0.84

Lease Rate

Q2 '24
7.3% vs. prior yr
-0.2% vs. prior QTR
Las Vegas Area
7.9%
$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