Housing costs in Henderson?
A typical home costs
$155,000, which is 54.2% less expensive than the national average of
$338,100 and 20.2% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Henderson costs
$860 per month, which is 6.5% cheaper than the national average of
$920 and 12.8% cheaper than the state average of
$970.
Can I afford Henderson?
To live comfortably in Henderson (zip 42420), Kentucky, a minimum annual income of
$29,520 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Henderson?
The cost of living in Henderson, KY (zip code 42420) is relatively low compared to other areas of the state and country. The median home price is around $110,000, making it an affordable place to live for families of all sizes. The average cost of goods and services across the board is also very reasonable when compared to other cities, coming in at just under 14% below the national average. In addition, the unemployment rate in Henderson is much lower than both the state and national averages, sitting around 4%. This provides a great opportunity for people looking for work or wanting to switch careers. All in all, Henderson offers a great deal for people on a budget looking for a safe and secure place to call home.