South Henderson, NC is a charming town located in Vance County. The local economy is based on agriculture and manufacturing, and the area is home to businesses like Southside Farmers Co-op, Henderson Beverage Company, and the Heritage Printing Group. Despite having a relatively small population of 8,000 people, the cost of living in South Henderson is quite low; for example, two bedroom rent averages $770 per month versus the national average of $1,430. Additionally, grocery costs are around 92 compared to the US average of 100. With its lower prices and friendly atmosphere - plus plenty of outdoor activities like camping and hiking - South Henderson offers many attractions for locals and visitors alike.
South Henderson has an unemployment rate of 7.6%. The US average is 6.0%.
South Henderson has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for South Henderson
- The Sales Tax Rate for South Henderson is 6.8%. The US average is 7.3%.
- The Income Tax Rate for South Henderson is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for South Henderson
- The average income of a South Henderson resident is $9,851 a year. The US average is $28,555 a year.
- The Median household income of a South Henderson resident is $32,528 a year. The US average is $69,021 a year.