City of Henderson

Current
Economic
Update

As of April 19, 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
Jan '23 Jan '24 Net
Change
%
Change
Taxable Retail Sales 100.0% $62,999.0 $65,505.4 $2,506.4 4.0%
Food Services and Drinking Places 19.7% $12,356.8 $12,906.8 $550.0 4.5%
Motor Vehicle and Parts Dealers 10.4% $6,886.6 $6,805.4 -$81.3 -1.2%
Nonstore Retailers 7.0% $4,326.4 $4,596.5 $270.2 6.2%
Merchant Wholesalers, Durable Goods 6.9% $4,484.5 $4,525.0 $40.5 0.9%
Clothing and Clothing Accessories Stores 6.8% $4,473.7 $4,422.4 -$51.3 -1.1%
General Merchandise Stores 6.7% $4,464.0 $4,376.0 -$88.0 -2.0%
Building Material and Garden Equipment & Supplies 4.1% $2,940.7 $2,659.3 -$281.4 -9.6%
Miscellaneous Store Retailers 2.9% $1,909.7 $1,894.6 -$15.2 -0.8%
Rental and Leasing Services 2.7% $1,838.6 $1,794.3 -$44.3 -2.4%
Food and Beverage Stores 2.6% $1,716.3 $1,714.1 -$2.3 -0.1%
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
17.1%

Vacancy Rate

Q4 '23
0.5% vs. prior yr
0.1% vs. prior QTR
$2.21

Lease Rate

Q4 '23
0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
14.9%
$2.30
Retail Market
Henderson
4.9%

Vacancy Rate

Q4 '23
0.1% vs. prior yr
0.0% vs. prior QTR
$1.74

Lease Rate

Q4 '23
1.0% vs. prior yr
0.6% vs. prior QTR
Las Vegas Area
6.1%
$1.89
Industrial Market
Henderson
3.4%

Vacancy Rate

Q4 '23
0.1% vs. prior yr
-0.3% vs. prior QTR
$0.77

Lease Rate

Q4 '23
2.3% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
5.3%
$0.83
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