Henry, Tennessee is a small town with a population of approximately 38231. The rent for a two-bedroom apartment in the area is much lower than the national average; at $740 per month, it's only about half of what you'd pay in other parts of the country. Additionally, grocery costs are also relatively inexpensive; with an index value of 93, it's seven points below the national average. This makes it easy to find great deals on everyday necessities.
Henry has quite a few local businesses as well, including Riverview Restaurant and Bar, Caraway Construction Company Inc., and Henry Mini Storage. Riverview serves up delicious Southern favorites like fried catfish and hush puppies, while Caraway Construction provides professional building services to local customers. Finally, Henry Mini Storage offers reliable storage solutions for both residential and commercial customers looking to declutter their lives or store extra business items.
Henry (zip 38231) has an unemployment rate of 5.6%. The US average is 6.0%.
Henry (zip 38231) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Henry (zip 38231)
- The Sales Tax Rate for Henry (zip 38231) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Henry (zip 38231) 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 Henry (zip 38231)
- The average income of a Henry (zip 38231) resident is $24,997 a year. The US average is $37,638 a year.
- The Median household income of a Henry (zip 38231) resident is $42,500 a year. The US average is $69,021 a year.