City of Henderson

Current
Economic
Update

As of January 26, 2022
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
Oct '20 Oct '21 Net
Change
%
Change
Taxable Retail Sales 100.0% $42,384.3 $52,424.9 $10,040.7 23.7%
Food Services and Drinking Places 17.8% $7,351.3 $9,329.4 $1,978.1 26.9%
Motor Vehicle and Parts Dealers 11.6% $4,863.8 $6,087.6 $1,223.9 25.2%
General Merchandise Stores 8.2% $3,698.2 $4,289.7 $591.5 16.0%
Nonstore Retailers 7.3% $2,936.0 $3,824.1 $888.2 30.3%
Merchant Wholesalers, Durable Goods 6.8% $3,052.0 $3,561.5 $509.5 16.7%
Clothing and Clothing Accessories Stores 6.8% $2,501.2 $3,543.0 $1,041.8 41.7%
Building Material and Garden Equipment & Supplies 4.9% $2,061.8 $2,582.8 $521.0 25.3%
Miscellaneous Store Retailers 3.4% $1,336.2 $1,794.1 $457.8 34.3%
Food and Beverage Stores 3.1% $1,517.5 $1,608.4 $90.9 6.0%
Rental and Leasing Services 2.9% $1,368.1 $1,513.8 $145.6 10.6%
Source: Nevada Department of Taxation
Office Market
Henderson
17.0%

Vacancy Rate

Q3 '21
-0.9% vs. prior yr
-0.2% vs. prior QTR
$2.20

Lease Rate

Q3 '21
0.9% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
16.3%
$2.11
Retail Market
Henderson
6.4%

Vacancy Rate

Q3 '21
-0.1% vs. prior yr
-0.1% vs. prior QTR
$1.78

Lease Rate

Q3 '21
6.1% vs. prior yr
3.4% vs. prior QTR
Las Vegas Area
6.9%
$1.79
Industrial Market
Henderson
8.1%

Vacancy Rate

Q3 '21
1.9% vs. prior yr
3.1% vs. prior QTR
$0.73

Lease Rate

Q3 '21
-6.1% vs. prior yr
-0.1% vs. prior QTR
Las Vegas Area
5.4%
$0.71
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of January 26, 2022
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
232

Acres Sold

Q2 '21
71.2% vs. prior yr
55.5% vs. prior QTR
$132,421,340

Total Value

Q2 '21
73.0% vs. prior yr
40.0% vs. prior QTR
$570,413

Price per acre

Q2 '21
1.1% vs. prior yr
-9.9% vs. prior QTR
Source: Applied Analysis; excludes resort transactions