Henry, IA County is a great place to live for those looking for an affordable cost of living. Renting a two bedroom apartment in Henry costs $820, which is significantly less than the US average of $1,430. Groceries are also much cheaper in Henry compared to the national average; with the Grocery Cost Index at 93 versus 100 in the US. For people looking for employment, there are several local companies that offer jobs including Bioscience and Agronomy Enterprises Inc., 4-U Manufacturing and Technology LLC, and Protek Industrial Solutions Inc. All in all, Henry offers a low cost of living when compared to the rest of United States.
Henry County has an unemployment rate of 4.0%. The US average is 6.0%.
Henry County has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Henry County
- The Sales Tax Rate for Henry County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Henry County is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Henry County
- The average income of a Henry County resident is $27,679 a year. The US average is $37,638 a year.
- The Median household income of a Henry County resident is $58,767 a year. The US average is $69,021 a year.