Henry, TN County is a great place to live and work due to its affordability. The average 2 bedroom rent in Henry, TN County is only $760 which is significantly lower than the US average of $1,430. In addition, the Grocery Cost Index in Henry, TN County is 93 compared to the US index of 100. This makes it easy for those living in Henry, TN County to save money on their groceries. There are also plenty of local companies that residents can work for such as Smucker's Manufacturing Plant, Shoe Factory Outlet Store, Tennessee Valley Bank, and Broyles Auto Parts & Services Inc. With its low cost of living and abundance of local businesses, Henry, TN County is an excellent place to call home.
Henry County has an unemployment rate of 5.6%. The US average is 6.0%.
Henry County has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Henry County
- The Sales Tax Rate for Henry County is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Henry County 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 Henry County
- The average income of a Henry County resident is $24,949 a year. The US average is $37,638 a year.
- The Median household income of a Henry County resident is $43,444 a year. The US average is $69,021 a year.