City of Henderson

Current
Economic
Update

As of November 20, 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
Aug '23 Aug '24 Net
Change
%
Change
Taxable Retail Sales 100.0% $64,815.8 $65,675.8 $860.0 1.3%
Food Services and Drinking Places 19.8% $12,721.5 $13,020.5 $299.0 2.3%
Motor Vehicle and Parts Dealers 10.2% $6,921.2 $6,724.2 -$197.0 -2.8%
Nonstore Retailers 7.3% $4,467.2 $4,799.6 $332.4 7.4%
Merchant Wholesalers, Durable Goods 7.0% $4,556.7 $4,606.2 $49.5 1.1%
Clothing and Clothing Accessories Stores 6.7% $4,406.3 $4,411.0 $4.6 0.1%
General Merchandise Stores 6.7% $4,369.2 $4,406.9 $37.7 0.9%
Building Material and Garden Equipment & Supplies 3.9% $2,698.6 $2,571.4 -$127.2 -4.7%
Miscellaneous Store Retailers 2.9% $1,944.8 $1,908.7 -$36.2 -1.9%
Rental and Leasing Services 2.8% $1,802.6 $1,831.0 $28.4 1.6%
Food and Beverage Stores 2.7% $1,713.5 $1,785.6 $72.0 4.2%
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