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Henderson Nevada Economic and Demographic Overview 2013

BUSINESS AND REAL ESTATE Business Activity Business Licenses Building Permits As of December 31, 2012, the City had 10,277 active business In 2012, a total of 10,684 building permits were issued. This rep- licenses. The decrease in active business license activity is due resents a 7.5% increase compared to the previous year. Permit to the implementation of SB110 and the introduction of the multi- activity that had shifted from new construction to home improv- jurisdicational business license. The reduction is due to no longer ments and remodels, is beginning to move back towards new reporting contractor category licenses if they are not physically home construction. located in Henderson. Indicators point to a continued healthy business environment. The City issued 2,212 business licenses Building permits for new single-family homes increased to 1,133 in 2012. in 2012, a 38% increase over 2011 and a 62% increase over 2010. New single-family homes permits surpassed the numbers issued in 2008 (1,058) and they are trending upward. Active Business Licenses Building Permit Activity Business Percent Total Commercial / Year Licenses Increase Change Building Percent Industrial Percent 1999 8,849 - - Year Permits Change Permits Change 2000 9,536 687 7.8% 1999 18,695 3.4% 542 1.7% 2001 10,739 1,203 12.6% 2000 19,980 6.9% 521 -3.9% 2002 11,518 779 7.3% 2001 17,612 -11.9% 649 24.6% 2003 12,521 1,003 8.7% 2002 16,540 -6.1% 559 -13.9% 2004 13,520 999 8.0% 2003 18,207 10.1% 626 12.0% 2005* 11,228 (2,292) -17.0% 2004 19,710 8.3% 700 11.8% 2006 12,293 1,065 9.5% 2005 21,362 8.4% 754 7.7% 2007 13,282 989 8.0% 2006 16,920 -20.8% 694 -8.0% 2008 13,128 (154) -1.2% 2007 14,708 -13.1% 744 7.2% 2008 12,651 -14.0% 513 -31.0% 2009 12,928 (200) -1.5% 2009 9,909 -21.7% 353 -31.2% 2010 12,414 (514) -4.0% 2010 10,568 6.7% 359 1.7% 2011 12,273 (141) -1.1% 2011 9,941 -5.9% 349 -2.8% 2012** 10,277 (1,996) -16.3% 2012 10,684 7.5% 403 15.5% Source: City of Henderson Business License Division Source: City of Henderson Building & Fire Safety Department * SB 218 became effective 7/1/05, and Henderson updated the Municipal Code (HMC 4.04 and 4.05) effective 10/1/05. ** Decline due to implementation of a multi-jurisdictional business license program. 22 22 cityofhenderson.com


Henderson Nevada Economic and Demographic Overview 2013
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