Zip 42420 (Henderson, KY) Economy


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Henderson, Kentucky is a great place to live with an estimated population of about 28,000 people. The 2 bedroom rent in Henderson is $860, which is much more affordable than the US average of $1,430. Additionally, the Grocery Cost Index in Henderson is 92 versus 100 in the US making it an even more ideal location for those looking to save money on living expenses. There are many local businesses located in Henderson including a Walmart Supercenter, Home Depot and several restaurants such as Wendy's and Applebee's. Other popular stores include Marshalls, Target and Hobby Lobby. With so many options for shopping and dining out, Henderson is an affordable city that offers convenience and variety for residents and visitors alike!

Henderson (zip 42420) has an unemployment rate of 5.4%. The US average is 6.0%.

Henderson (zip 42420) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Henderson (zip 42420)
- The Sales Tax Rate for Henderson (zip 42420) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Henderson (zip 42420) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Henderson (zip 42420)
- The average income of a Henderson (zip 42420) resident is $23,417 a year. The US average is $28,555 a year.
- The Median household income of a Henderson (zip 42420) resident is $52,142 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenderson, KentuckyUnited States
  5.46
  -5.8%-6.2%
  36.0%33.5%
  6.0%6.2%
  6.0%4.6%
  $27,269$37,638
  $52,142$69,021
  $68,174$85,028
  Population by Occupation
  0.7%1.2%
  0.8%0.5%
  7.7%6.8%
  19.9%10.0%
  1.9%2.5%
  11.4%11.0%
  4.1%4.8%
  3.1%0.8%
  0.7%1.9%
  3.5%4.7%
  1.3%1.9%
  2.9%7.6%
  0.1%0.1%
  3.7%4.2%
  7.6%9.3%
  14.4%14.0%
  2.8%2.1%
  6.2%7.0%
  4.0%4.8%
  3.1%4.7%
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