Henderson, TX Economy


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Henderson, TX is a great place to live with a relatively low cost of living. The average 2 bedroom rent in Henderson is $870 compared to the US average of $1,430. The Grocery Cost Index is also lower than the national average at 91 compared to 100 in the US. This makes Henderson an ideal location for people looking for an inexpensive lifestyle. Moreover, there are plenty of local companies and attractions in the city that make it even more attractive. Notable companies include Cargill Meat Solutions, Nantze Springs & Manufacturing Company, and Arrowheads Processing Plant. As for attractions, visitors can explore the Depot Museum or take a walk around Lake Rusk State Park.

Henderson has an unemployment rate of 7.5%. The US average is 6.0%.

Henderson has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.

Tax Rates for Henderson
- The Sales Tax Rate for Henderson is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Henderson is 0.0%. 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 $21,074 a year. The US average is $28,555 a year.
- The Median household income of a Henderson resident is $58,277 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenderson, TexasUnited States
  7.56
  -7.1%-6.2%
  18.8%33.5%
  6.3%6.2%
  0.0%4.6%
  $26,307$37,638
  $58,277$69,021
  $64,464$85,028
  Population by Occupation
  0.3%1.2%
  5.8%0.5%
  5.7%6.8%
  11.8%10.0%
  1.6%2.5%
  7.0%11.0%
  3.4%4.8%
  7.1%0.8%
  1.4%1.9%
  3.4%4.7%
  1.2%1.9%
  5.9%7.6%
  0.0%0.1%
  3.6%4.2%
  10.3%9.3%
  13.7%14.0%
  0.3%2.1%
  6.4%7.0%
  5.4%4.8%
  5.8%4.7%
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