Henderson, ND is an attractive destination for those looking for affordable living. The average rent for a two bedroom apartment is $850, significantly lower than the national average of $1,430. Food costs are also lower in Henderson with a Grocery Cost Index of 93 versus a US index of 100. In addition to affordability, Henderson offers great job opportunities. Local companies such as BankNorth and Andeavor Logistics have established roots in the city and provide plenty of employment options. With its natural beauty and close proximity to larger cities like Grand Forks, Fargo, and Bismarck, Henderson is also an ideal place to visit or live as a tourist attraction. Popular attractions include the Myra Museum, Clear Lake State Park, Red River Valley Speedway, and the Arboretum Gardens. There is plenty to see and do in Henderson with activities that appeal to all ages.
Henderson has an unemployment rate of 3.9%. The US average is 6.0%.
Henderson has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Henderson
- The Sales Tax Rate for Henderson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Henderson is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Henderson
- The average income of a Henderson resident is $38,371 a year. The US average is $28,555 a year.
- The Median household income of a Henderson resident is $141,625 a year. The US average is $69,021 a year.