Henrietta, MN is a small rural town located in the Midwest. The population is unknown but it has a low-cost of living compared to the US average. The two bedroom rent is only $920, which is significantly lower than the US 2 Bedroom Rent of $1,430, and the Grocery Cost Index in Henrietta, MN is only 99 versus 100 in the US. There are many local companies such as Crossroads Petroleum LLC that provide oil & gas services for customers in Henrietta and surrounding areas. Another company is Lucky Stop Cafe & Store which offers breakfast and lunch items along with an onsite convenience store. Finally, Mid America Bank provides financial and banking services to customers throughout Henrietta. With these local businesses and its lower cost of living, Henrietta has much to offer its residents.
Henrietta has an unemployment rate of 6.1%. The US average is 6.0%.
Henrietta has seen the job market increase by 6.6% over the last year. Future job growth over the next ten years is predicted to be 45.6%, which is higher than the US average of 33.5%.
Tax Rates for Henrietta
- The Sales Tax Rate for Henrietta is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Henrietta is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Henrietta
- The average income of a Henrietta resident is $29,399 a year. The US average is $28,555 a year.
- The Median household income of a Henrietta resident is $64,917 a year. The US average is $69,021 a year.