City of Henderson

Current
Economic
Update

As of June 05, 2020
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
Mar '19 Mar '20 Net
Change
%
Change
Taxable Retail Sales 100.0% $44,998.7 $46,860.4 $1,861.8 4.1%
Food Services and Drinking Places 22.2% $10,486.8 $10,426.4 -$60.4 -0.6%
Motor Vehicle and Parts Dealers 10.6% $4,940.3 $4,966.5 $26.2 0.5%
General Merchandise Stores 7.9% $3,634.8 $3,723.7 $88.9 2.4%
Clothing and Clothing Accessories Stores 7.0% $3,370.5 $3,287.9 -$82.6 -2.5%
Merchant Wholesalers, Durable Goods 6.7% $2,923.0 $3,118.2 $195.3 6.7%
Nonstore Retailers 4.2% $1,110.7 $1,944.8 $834.2 75.1%
Building Material and Garden Equipment & Supplies 4.0% $1,815.2 $1,882.9 $67.7 3.7%
Rental and Leasing Services 3.8% $1,630.1 $1,757.8 $127.6 7.8%
Food and Beverage Stores 3.0% $1,356.9 $1,407.9 $51.1 3.8%
Miscellaneous Store Retailers 2.9% $1,220.9 $1,342.0 $121.1 9.9%
Source: Nevada Department of Taxation
Office Market
Henderson
15.9%

Vacancy Rate

Q1 '20
-1.1% vs. prior yr
0.3% vs. prior QTR
$2.10

Lease Rate

Q1 '20
-0.0% vs. prior yr
0.0% vs. prior QTR
Las Vegas Area
14.4%
$2.05
Retail Market
Henderson
6.4%

Vacancy Rate

Q1 '20
-1.6% vs. prior yr
-0.1% vs. prior QTR
$1.66

Lease Rate

Q1 '20
8.9% vs. prior yr
-0.6% vs. prior QTR
Las Vegas Area
6.8%
$1.76
Industrial Market
Henderson
5.9%

Vacancy Rate

Q1 '20
0.8% vs. prior yr
1.3% vs. prior QTR
$0.78

Lease Rate

Q1 '20
11.1% vs. prior yr
12.7% vs. prior QTR
Las Vegas Area
7.1%
$0.67
Source: Applied Analysis
City of Henderson

Current
Economic
Update

As of June 05, 2020
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
440

Acres Sold

Q4 '19
158.4% vs. prior yr
186.3% vs. prior QTR
$97,979,441

Total Value

Q4 '19
58.6% vs. prior yr
26.4% vs. prior QTR
$222,843

Price per acre

Q4 '19
-38.6% vs. prior yr
-55.8% vs. prior QTR
Source: Applied Analysis; excludes resort transactions