City of Henderson

Current
Economic
Update

As of September 18, 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
Jun '19 Jun '20 Net
Change
%
Change
Taxable Retail Sales 100.0% $45,901.5 $43,834.8 -$2,066.7 -4.5%
Food Services and Drinking Places 19.9% $10,501.1 $8,702.7 -$1,798.5 -17.1%
Motor Vehicle and Parts Dealers 10.9% $5,003.8 $4,786.0 -$217.8 -4.4%
General Merchandise Stores 8.4% $3,674.6 $3,676.3 $1.7 0.0%
Merchant Wholesalers, Durable Goods 6.9% $3,039.7 $3,039.8 $0.1 0.0%
Clothing and Clothing Accessories Stores 6.2% $3,405.4 $2,729.4 -$676.0 -19.9%
Nonstore Retailers 5.6% $1,176.1 $2,439.5 $1,263.4 107.4%
Building Material and Garden Equipment & Supplies 4.5% $1,835.6 $1,976.5 $140.9 7.7%
Rental and Leasing Services 3.7% $1,649.5 $1,606.2 -$43.2 -2.6%
Food and Beverage Stores 3.3% $1,352.5 $1,443.7 $91.2 6.7%
Miscellaneous Store Retailers 2.9% $1,272.9 $1,292.2 $19.3 1.5%
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 September 18, 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