Henry, MO is a great place to live, work, and play. The city is home to a variety of local companies such as D & S Supply Co, Henry County Bank, and Henry County Pharmacy. In terms of cost of living, Henry is quite reasonable compared to the US. For example, 2 bedroom rent in Henry is $770 while it's $1,430 in the US. Similarly, grocery cost index in Henry is 93 versus 100 for the entire country. All these factors make it an ideal place to settle down with family or just as a stop-over location for travelers.
Henry has an unemployment rate of 3.5%. The US average is 6.0%.
Henry has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Henry
- The Sales Tax Rate for Henry is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Henry is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Henry
- The average income of a Henry resident is $18,377 a year. The US average is $28,555 a year.
- The Median household income of a Henry resident is $54,375 a year. The US average is $69,021 a year.