The small town of Henderson, TN (ZIP Code 38340) offers an affordable cost of living with plenty of amenities. The average rent for a two-bedroom apartment is only $760, which is significantly lower than the national average of $1,430. In addition to lower rents, local grocery prices are also lower than the national average, making it possible to shop on a budget. Popular local companies in Henderson include local boutiques, restaurants, entertainment venues and services like automotive repair shops. Overall, Henderson provides residents with a great quality of life at an affordable price.
Henderson (zip 38340) has an unemployment rate of 4.4%. The US average is 6.0%.
Henderson (zip 38340) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Henderson (zip 38340)
- The Sales Tax Rate for Henderson (zip 38340) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Henderson (zip 38340) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Henderson (zip 38340)
- The average income of a Henderson (zip 38340) resident is $22,433 a year. The US average is $37,638 a year.
- The Median household income of a Henderson (zip 38340) resident is $52,121 a year. The US average is $69,021 a year.