Henry, VA County is a great place to live; it offers both affordable housing and low grocery costs. The average 2 Bedroom rent in Henry, VA County is $790 compared to the US average of $1,430. Additionally the Grocery Cost Index in Henry, VA County is 93 compared to 100 in the US. As a result people living in Henry, VA County can save money on their monthly expenses. \nThe area also has great local businesses with plenty of shopping and dining options. Some local companies include Augsburg Motorsports, Collis Furniture and Apparel Store, National Home Center Outlet, Sub Station II restaurant and the Beulah Theatre. There are plenty of other shops and restaurants around Henry that offer variety for everyone's taste.
Henry County has an unemployment rate of 6.0%. The US average is 6.0%.
Henry County has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Henry County
- The Sales Tax Rate for Henry County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Henry County is 5.8%. 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 $24,337 a year. The US average is $37,638 a year.
- The Median household income of a Henry County resident is $41,103 a year. The US average is $69,021 a year.