Zip 21640 (Henderson, MD) Economy


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United States / Maryland / No Metro Area / Caroline County / Henderson / Henderson (zip 21640)
Henderson, MD (21640) is an attractive area to live in for many people. With a 2 bedroom rent costing $1,170, it is still more affordable than the US average of $1,430. Henderson is home to many local businesses such as Chesapeake Occupational Health Services, Primo's Pizza and Subs, and A&D Automotive Repair that offer services to the community. Although the rent costs are relatively lower than the national average, Henderson’s Grocery Cost Index of 101 compared to 100 nationwide indicates that it has a higher cost of living.

Henderson (zip 21640) has an unemployment rate of 4.9%. The US average is 6.0%.

Henderson (zip 21640) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Henderson (zip 21640)
- The Sales Tax Rate for Henderson (zip 21640) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Henderson (zip 21640) is 7.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Henderson (zip 21640)
- The average income of a Henderson (zip 21640) resident is $24,331 a year. The US average is $37,638 a year.
- The Median household income of a Henderson (zip 21640) resident is $70,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenderson, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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