Henderson, LA Economy


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Henderson, LA is a small town located in Northwest Louisiana. The cost of living is relatively low when compared to the US average; rental rates are about $910 for a two bedroom apartment and the grocery cost index is 96. Henderson has become home to various businesses, such as Little Cypress Lumber & Supply Company, Inc., which provides lumber services and products for commercial and residential projects, and Minton Welding & Fabrication LLC, which specializes in custom steel fabrication. Other local companies include Tatum Insurance Agency, Inc., offering a variety of insurance coverages, and Johnson Potato Farms providing fresh potatoes grown locally.

Henderson has an unemployment rate of 6.7%. The US average is 6.0%.

Henderson has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 10.8%, which is lower than the US average of 33.5%.

Tax Rates for Henderson
- The Sales Tax Rate for Henderson is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Henderson is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Henderson
- The average income of a Henderson resident is $18,366 a year. The US average is $28,555 a year.
- The Median household income of a Henderson resident is $34,904 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenderson, LouisianaUnited States
  6.76
  -4.9%-6.2%
  10.8%33.5%
  8.0%6.2%
  6.0%4.6%
  $16,802$37,638
  $34,904$69,021
  $50,406$85,028
  Population by Occupation
  4.2%1.2%
  5.4%0.5%
  13.4%6.8%
  17.6%10.0%
  5.1%2.5%
  13.2%11.0%
  2.0%4.8%
  1.5%0.8%
  0.0%1.9%
  1.9%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  2.0%4.2%
  7.3%9.3%
  2.9%14.0%
  0.7%2.1%
  10.7%7.0%
  4.1%4.8%
  6.3%4.7%
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