Cost of Living in Henderson, TX

Population 13,348 · Texas · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Henderson a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $167,000.

Geographically, Henderson is about 30 miles east of Tyler, the nearest large metro. Median home values run roughly 23% lower than Tyler's $216,000.

Cost Overview

Housing 55
Rent 77

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Henderson

The median home value in Henderson is $166,900 — 45% below the national median of $305,000. Median rent runs $1,011/month, 23% lower than the national median of $1,314/month. The median household income of $54,179/year is 27% lower than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.0°F and lows of 54.5°F. Overall, Henderson has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$166,900
45% below avg
Zillow Home Value
$193,064
Zillow ZHVI
Median Rent
$1,011/mo
23% below avg
Price-to-Rent Ratio
13.8x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 66.5%
Renter-occupied 33.5%

💰 Estimated Monthly Budget

Rent median rent
$1,011
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,625/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.6 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.9%

Commute Mode

Drove alone
88.1%
Carpooled
7.4%
Walked
0.9%
Bicycle
1.2%
Work from home
1.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$54,179
27% below avg
Per Capita Income
$27,552
Unemployment Rate
5.2%
7% above avg
Poverty Rate
14.2%
Labor Force Participation
44.4%

🎓 Education

Bachelor's degree+ 11.7%
Graduate degree 9.6%

👥 Demographics

Median Age 37.2
Male median age 37
Female median age 37.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.0°F
Avg Low
54.5°F
Annual Precip
50.3"
Annual Snowfall
0.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 576169768389939488786759
Low °F 364047546269727266554538
Precip" 4.344.234.734.624.354.922.913.103.494.454.184.95
Snow" 0.20.20.00.00.00.00.00.00.00.00.00.0

Frequently Asked Questions

What is the cost of living in Henderson, TX?

Henderson has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Henderson, TX?

The median gross rent in Henderson is $1,011 per month based on 2023 Census data.

What is the average home price in Henderson?

The median home value in Henderson is $166,900 according to Zillow and Census data.

What is the median income in Henderson?

The median household income in Henderson is $54,179 per year (2023 ACS 5-year estimates).

What is the sales tax in Henderson, TX?

The combined state and local sales tax rate in Henderson is 8.2%. Texas has no state income tax.

Is Henderson, TX affordable?

Yes, Henderson is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Henderson?

Henderson has average high temperatures of 76.0°F and average lows of 54.5°F. Annual precipitation is 50.3". Average annual snowfall is 0.4". Data from NOAA 1991–2020 Climate Normals.

Henderson at a Glance

Population
13,348
Median Income
$54,179
Home Value
$166,900
Median Rent
$1,011/mo
Unemployment
5.2%
Avg High Temp
76.0°F
Sales Tax
8.2%
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