Housing costs in Henderson?
A typical home costs
$309,000, which is 8.6% less expensive than the national average of
$338,100 and 20.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Henderson costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 38.5% cheaper than the state average of
$1,620.
Can I afford Henderson?
To live comfortably in Henderson (zip 21640), Maryland, a minimum annual income of
$59,040 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Henderson?
The cost of living in 21640 Henderson, MD is relatively low compared to the national average. The median home cost in this area is around $184,000, which is much lower than the national median home cost of over $200,000. Additionally, groceries and healthcare costs are also below the national average. Utility costs such as electricity and heating can be fairly high due to the colder climate in Maryland but these costs are still manageable for most people. All in all, 21640 Henderson offers a relatively low cost of living that makes it an attractive place to live for individuals or families on a budget.