Henagar, Alabama is a small town located in DeKalb County. With an estimated population of 35978 as of 2019, it is a rural area with plenty of local businesses that make the town thrive. The rental cost for two bedroom apartments and homes in Henagar is $740, which is much lower than the national average of $1430. Moreover, grocery costs are also significantly lower in Henagar at an index score 94 compared to the US average score of 100. Local companies in Henagar include Henagar Farm Supply & Feed Store, Ellis Fence Company and Ellis Tire Center Inc. All three companies provide essential services and products to the residents of Henagar making them highly valued members of the community.
Henagar (zip 35978) has an unemployment rate of 2.3%. The US average is 6.0%.
Henagar (zip 35978) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Henagar (zip 35978)
- The Sales Tax Rate for Henagar (zip 35978) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Henagar (zip 35978) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Henagar (zip 35978)
- The average income of a Henagar (zip 35978) resident is $22,345 a year. The US average is $37,638 a year.
- The Median household income of a Henagar (zip 35978) resident is $48,182 a year. The US average is $69,021 a year.