Henderson CDP (Shiawassee County), MI Economy


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United States / Michigan / No Metro Area / Shiawassee County / Henderson CDP (Shiawassee County) / Zip Codes
Henderson, MI is a small community in the United States with a friendly atmosphere and great people. It is home to many local companies such as Henderson Auto Parts, ABC Supply Co., and Clinch River Hardware. The cost of living in Henderson is quite affordable compared to other cities in the US, especially when it comes to rent. The average two-bedroom rental rate in Henderson is $870 while the national average for two bedrooms is $1,430 - making it much cheaper than most other places in the country. Additionally, grocery costs are around 8% lower than the national average. All of these factors make Henderson an ideal place to live for those looking for affordability and convenience.

Henderson CDP (Shiawassee County) has an unemployment rate of 5.6%. The US average is 6.0%.

Henderson CDP (Shiawassee County) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Henderson CDP (Shiawassee County)
- The Sales Tax Rate for Henderson CDP (Shiawassee County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Henderson CDP (Shiawassee County) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Henderson CDP (Shiawassee County)
- The average income of a Henderson CDP (Shiawassee County) resident is $33,575 a year. The US average is $37,638 a year.
- The Median household income of a Henderson CDP (Shiawassee County) resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenderson CDP (Shiawassee County), MichiganUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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