Cost of Living in Henrietta, TX

Population 3,143 · Texas · Data vintage 2023

47
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 Henrietta a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $131,000. An unemployment rate of 1.1% points to a labor market well on the tight side of the national distribution.

Henrietta sits roughly 20 miles east of Wichita Falls — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 8% lower than Wichita Falls' $143,000.

Cost Overview

Housing 43
Rent 52

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

About the Cost of Living in Henrietta

The median home value in Henrietta is $131,100 — 57% below the national median of $305,000. Median rent runs $684/month, 48% lower than the national median of $1,314/month. The median household income of $63,242/year is 15% lower than the US median of $74,580. The local unemployment rate is 1.1%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 76.1°F and lows of 51.2°F, with about 3.1" of annual snowfall. Overall, Henrietta has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$131,100
57% below avg
Zillow Home Value
$214,301
Zillow ZHVI
Median Rent
$684/mo
48% below avg
Price-to-Rent Ratio
16.0x
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 72.9%
Renter-occupied 27.1%

💰 Estimated Monthly Budget

Rent median rent
$684
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,298/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
22.5 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
1.7%

Commute Mode

Drove alone
72.7%
Carpooled
23.6%
Walked
2.1%
Work from home
1.7%

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
$63,242
15% below avg
Per Capita Income
$33,341
Unemployment Rate
1.1%
77% below avg
Poverty Rate
12.7%
Labor Force Participation
56.5%

🎓 Education

Bachelor's degree+ 20.6%
Graduate degree 8.8%

👥 Demographics

Median Age 44.9
Male median age 44.2
Female median age 46.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.1°F
Avg Low
51.2°F
Annual Precip
27.9"
Annual Snowfall
3.1"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 555968768492979788776556
Low °F 303442506068727264524032
Precip" 1.201.402.022.503.813.352.022.532.992.881.631.56
Snow" 0.71.10.20.00.00.00.00.00.00.00.30.8

Frequently Asked Questions

What is the cost of living in Henrietta, TX?

Henrietta has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Henrietta, TX?

The median gross rent in Henrietta is $684 per month based on 2023 Census data.

What is the average home price in Henrietta?

The median home value in Henrietta is $131,100 according to Zillow and Census data.

What is the median income in Henrietta?

The median household income in Henrietta is $63,242 per year (2023 ACS 5-year estimates).

What is the sales tax in Henrietta, TX?

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

Is Henrietta, TX affordable?

Yes, Henrietta is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.

What is the weather like in Henrietta?

Henrietta has average high temperatures of 76.1°F and average lows of 51.2°F. Annual precipitation is 27.9". Average annual snowfall is 3.1". Data from NOAA 1991–2020 Climate Normals.

Henrietta at a Glance

Population
3,143
Median Income
$63,242
Home Value
$131,100
Median Rent
$684/mo
Unemployment
1.1%
Avg High Temp
76.1°F
Sales Tax
8.2%
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