Henderson, WV is an affordable place to live with low housing costs and a competitive grocery cost index. Rent for two bedroom apartments here is $690; this is significantly lower than the US average of $1,430. Groceries are also cheaper in Henderson with the index at 94 compared to 100 in the US. Residents of Henderson have access to a wide variety of local businesses that make living here convenient. Some of these local companies include Bigley’s Market, Benson’s Department Store, and I-77 Carpet and Furniture.
Henderson has an unemployment rate of 6.6%. The US average is 6.0%.
Henderson has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Henderson
- The Sales Tax Rate for Henderson is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Henderson is 6.5%. 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 $14,411 a year. The US average is $37,638 a year.
- The Median household income of a Henderson resident is $21,875 a year. The US average is $69,021 a year.