Henderson, TX Cost Of Living
Cost Of Living In Henderson, TX Summary
Cost of living in Henderson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Henderson is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Henderson is 86, with 100 being the average.
The cost of living index in Henderson is 0.9x lower than the national average.
Henderson ranks as the #149 cheapest in Texas out of 405.
Henderson ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Henderson is $137,900.
The median income in Henderson is $58,277.
Table Of Contents
Henderson's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Henderson, TX?
According to the most recent data on the cost of living, Henderson has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Texas, Henderson has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Henderson ranks as #149 most affordable out of the 405 places we measured in Texas. By definition, that implies Henderson ranks as the #256 most expensive place in the Lone Star State.
For more reading on life in Henderson, check out:
- Living In Henderson
- Henderson Crime Report
- Search Homes For Sale In Henderson, TX
In Texas
In America
Henderson Cost Of Living Vs. Texas
Six factors go into calculating the cost of living index in Henderson. Here is how it fairs on each of the criteria:
The Services index in Henderson is 98.
The Groceries index in Henderson is 92.
The Health index in Henderson is 94.
The Housing index in Henderson is 67.
The Transportation index in Henderson is 89.
The Utilities index in Henderson is 91.
| Living Expense | Henderson | Texas | National Average | |
|---|---|---|---|---|
| Overall | 86 | 92 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 92 | 93 | 100 | |
| Health | 94 | 93 | 100 | |
| Housing | 67 | 84 | 100 | |
| Transportation | 89 | 92 | 100 | |
| Utilities | 91 | 104 | 100 | |
Henderson, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Henderson is $137,900.
The Median Rent in Henderson is $933.
The Median Income in Henderson is $58,277.
The Home Value To Income in Henderson is 2.4x.
The Rent To Monthly Income in Henderson is 0.19x.
| Statistic | Henderson | Texas | United States |
|---|---|---|---|
| Median Home Value | $137,900 | $202,600 | $244,900 |
| Median Rent | $933 | $1,146 | $1,163 |
| Median Income | $58,277 | $67,321 | $69,021 |
| Home Value To Income | 2.4x | 3.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Henderson, TX Costs By Category
Detailed Henderson Services Costs Vs. Texas
Detailed Henderson Groceries Costs Vs. Texas
Detailed Henderson Health Costs Vs. Texas
Detailed Henderson Transportation Costs Vs. Texas
Detailed Henderson Utilities Costs Vs. Texas
Henderson SnackAbility
/10
Cost Of Living In Cities Around Henderson
The cost of living varies in the cities and towns around Henderson. Here's a quick look at the cost of living in the most populous nearby places:
Tyler, TX has a cost of living index of 91, 1.1x Henderson.
Longview, TX has a cost of living index of 88, 1.0x Henderson.
Nacogdoches, TX has a cost of living index of 88, 1.0x Henderson.
| City | Population | Cost Of Living | Vs. Henderson |
|---|---|---|---|
| Tyler, TX | 104,945 | 91 | 1.1x |
| Longview, TX | 81,967 | 88 | 1.0x |
| Nacogdoches, TX | 32,347 | 88 | 1.0x |
| Marshall, TX | 22,862 | 82 | 1.0x |
| Jacksonville, TX | 14,029 | 83 | 1.0x |
| Kilgore, TX | 13,364 | 85 | 1.0x |
