City of Henderson

Current
Economic
Update

As of March 06, 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
Nov '19 Nov '20 Net
Change
%
Change
Taxable Retail Sales 100.0% $47,063.7 $42,048.8 -$5,014.9 -10.7%
Rental and Leasing Services 0.2% 98710723.0000000000 $0.0 0.0%
Administrative and Support Services 0.1% 22106754.0000000000 $0.0 0.0%
Gasoline Stations 0.1% 34042964.0000000000 $0.0 0.0%
Merchant Wholesalers, Nondurable Goods 0.1% 43635494.0000000000 $0.0 0.0%
Professional, Scientific, and Technical Services 0.1% 52705938.0000000000 $0.0 0.0%
Sporting Goods, Hobby, Book, and Music Stores 0.1% 53578070.0000000000 $0.0 0.0%
Health and Personal Care Stores 0.2% 72798313.0000000000 $0.0 0.0%
Furniture and Home Furnishings Stores 0.2% 82515993.0000000000 $0.0 0.0%
Electronics and Appliance Stores 0.2% 95753659.0000000000 $0.0 0.0%
Miscellaneous Store Retailers 0.3% 124208462.0000000000 $0.0 0.0%
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 March 06, 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
189

Acres Sold

Q3 '20
22.7% vs. prior yr
39.0% vs. prior QTR
$97,974,034

Total Value

Q3 '20
26.4% vs. prior yr
28.0% vs. prior QTR
$519,729

Price per acre

Q3 '20
3.0% vs. prior yr
-7.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions