City of Henderson

Current
Economic
Update

As of October 17, 2019
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
Jul '18 Jul '19 Net
Change
%
Change
Taxable Retail Sales 100.0% $42,864.6 $46,032.8 $3,168.2 7.4%
Food Services and Drinking Places 23.3% $10,457.5 $10,711.6 $254.1 2.4%
Motor Vehicle and Parts Dealers 11.0% $4,827.3 $5,053.1 $225.8 4.7%
General Merchandise Stores 8.0% $3,541.8 $3,690.6 $148.8 4.2%
Clothing and Clothing Accessories Stores 7.4% $3,399.3 $3,412.8 $13.6 0.4%
Merchant Wholesalers, Durable Goods 6.6% $2,559.1 $3,035.1 $476.0 18.6%
Building Material and Garden Equipment & Supplies 4.0% $1,741.8 $1,842.5 $100.7 5.8%
Rental and Leasing Services 3.6% $1,581.3 $1,652.9 $71.6 4.5%
Food and Beverage Stores 2.9% $1,345.9 $1,354.5 $8.6 0.6%
Miscellaneous Store Retailers 2.8% $1,077.8 $1,282.8 $204.9 19.0%
Nonstore Retailers 2.7% $951.7 $1,237.0 $285.3 30.0%
Source: Nevada Department of Taxation
Office Market
Henderson
16.8%

Vacancy Rate

Q2 '19
-0.4% vs. prior yr
-0.0% vs. prior QTR
$2.11

Lease Rate

Q2 '19
2.5% vs. prior yr
0.9% vs. prior QTR
Las Vegas Area
15.4%
$2.02
Retail Market
Henderson
8.2%

Vacancy Rate

Q2 '19
-0.6% vs. prior yr
0.2% vs. prior QTR
$1.54

Lease Rate

Q2 '19
-2.7% vs. prior yr
0.9% vs. prior QTR
Las Vegas Area
7.6%
$1.76
Industrial Market
Henderson
5.5%

Vacancy Rate

Q2 '19
0.6% vs. prior yr
0.5% vs. prior QTR
$0.69

Lease Rate

Q2 '19
8.3% vs. prior yr
-0.4% vs. prior QTR
Las Vegas Area
6.6%
$0.65
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of October 17, 2019
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 Private Businesses
Sources: Nevada Department of Employment,
Training & Rehabilitation; Applied Analysis
Henderson Vacant Land
Transactions
128

Acres Sold

Q1 '19
21.8% vs. prior yr
-24.5% vs. prior QTR
$53,550,847

Total Value

Q1 '19
0.4% vs. prior yr
-13.3% vs. prior QTR
$416,998

Price per acre

Q1 '19
-17.6% vs. prior yr
14.8% vs. prior QTR
Source: Applied Analysis; excludes resort transactions