Henderson, TN is an affordable city located in the West Tennessee region. With a two bedroom rent average of only $810 compared to the US average of $1,430, Henderson is a great place to live for anyone looking for reasonable living costs. Local businesses include The Bank of Jackson, Henderson Plastics & Supply Inc., and Wingard Farms. Not only is Henderson economical but it also has a low grocery cost index of 94 when compared with the US index of 100. Therefore, residents of Henderson have access to affordable groceries as well as housing. All in all, Henderson is an ideal city for anyone looking for an affordable lifestyle.
Henderson has an unemployment rate of 4.4%. The US average is 6.0%.
Henderson has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Henderson
- The Sales Tax Rate for Henderson is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Henderson is 0.0%. 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 $14,063 a year. The US average is $28,555 a year.
- The Median household income of a Henderson resident is $43,542 a year. The US average is $69,021 a year.