Henry, NE is a small town in the Nebraska panhandle located near the geographical center of the state. It is a rural area with few major industries or businesses and a total population of less than 1,000 people. Despite its size, Henry offers some great amenities such as a school district, library, and city park with amenities for outdoor recreation. The cost of living in Henry is quite low compared to most other communities in the US. Rent for two-bedroom apartments averages around $870 per month while the US average is nearly double that at $1,430 per month. Grocery costs are also lower than average here with an Index score of 97 compared to 100 in the US. In addition to plentiful affordable housing options, there are several local businesses to explore including an auto repair shop, grocery store, and farm supply store. All these factors make Henry an attractive place for those looking for a peaceful community with low living costs.
Henry has an unemployment rate of 2.9%. The US average is 6.0%.
Henry has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Henry
- The Sales Tax Rate for Henry is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Henry is 6.8%. 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 $18,702 a year. The US average is $28,555 a year.
- The Median household income of a Henry resident is $67,750 a year. The US average is $69,021 a year.