City of Henderson
Current
Economic
Update
As of December 01, 2023
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
Aug '22
Aug '23
Net
Change
%
Change
Taxable Retail Sales
100.0%
$60,571.0
$64,815.8
$4,244.8
7.0%
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
16.4%
Vacancy Rate
Q4 '22
-0.8% vs. prior yr
-1.2% vs. prior QTR
$2.21
Lease Rate
Q4 '22
0.4% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
15.1%
$2.24
Retail Market
Henderson
4.9%
Vacancy Rate
Q4 '22
-1.1% vs. prior yr
-0.1% vs. prior QTR
$1.72
Lease Rate
Q4 '22
-3.9% vs. prior yr
-1.7% vs. prior QTR
Las Vegas Area
6.2%
$1.84
Industrial Market
Henderson
3.0%
Vacancy Rate
Q4 '22
-3.7% vs. prior yr
-0.1% vs. prior QTR
$0.75
Lease Rate
Q4 '22
-2.9% vs. prior yr
-0.9% vs. prior QTR
Las Vegas Area
3.9%
$0.81
Source: Applied Analysis
Henderson Vacant Land
Transactions
42
Acres Sold
Q4 '22
-94.5% vs. prior yr
-71.1% vs. prior QTR
$44,995,960
Total Value
Q4 '22
-89.0% vs. prior yr
-66.2% vs. prior QTR
$1.08M
Price per acre
Q4 '22
100.9% vs. prior yr
16.6% vs. prior QTR
Source: Applied Analysis; excludes resort transactions