Zip 56044 (Henderson, MN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Henderson, MN (56044) is a great place for families looking to balance their budget. With an average 2 bedroom rent of $1,260 compared to the US average of $1,430, it allows households to keep more money in their pockets. Additionally, the Grocery Cost Index in Henderson is 100 compared to the 100 in the US which helps families maintain or even reduce their cost of groceries. Local stores such as Kwik Trip and Thygesen's Meat Market offer competitive prices on goods, allowing households to save on everyday items. Other businesses such as Krislu Cleaners and Herbrechtsmeier Repair can also help provide necessary services while saving households money in the long run.

Henderson (zip 56044) has an unemployment rate of 5.3%. The US average is 6.0%.

Henderson (zip 56044) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Henderson (zip 56044)
- The Sales Tax Rate for Henderson (zip 56044) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Henderson (zip 56044) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Henderson (zip 56044)
- The average income of a Henderson (zip 56044) resident is $29,540 a year. The US average is $28,555 a year.
- The Median household income of a Henderson (zip 56044) resident is $95,104 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenderson, MinnesotaUnited States
  5.36
  -2.9%-6.2%
  29.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $39,854$37,638
  $95,104$69,021
  $105,324$85,028
  Population by Occupation
  5.8%1.2%
  0.1%0.5%
  12.1%6.8%
  16.6%10.0%
  1.8%2.5%
  7.2%11.0%
  3.9%4.8%
  0.6%0.8%
  0.7%1.9%
  3.8%4.7%
  0.5%1.9%
  4.5%7.6%
  0.2%0.1%
  5.3%4.2%
  7.0%9.3%
  15.7%14.0%
  2.0%2.1%
  3.5%7.0%
  6.0%4.8%
  2.9%4.7%
Health