Housing costs in Henderson?
A typical home costs
$144,800, which is 57.2% less expensive than the national average of
$338,100 and 47.8% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Henderson costs
$760 per month, which is 29.0% cheaper than the national average of
$1,070 and 14.5% cheaper than the state average of
$870.
Can I afford Henderson?
To live comfortably in Henderson (zip 38340), Tennessee, a minimum annual income of
$27,720 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Henderson?
The cost of living in 38340 Henderson, TN is quite reasonable. The median home value is $154,100 and the median household income is $37,234. Compared to other areas in Tennessee, the cost of living in 38340 Henderson is lower. Groceries, healthcare, and utilities are all priced affordably, while housing expenses remain low when compared to neighboring cities. With average monthly rent coming in at just $655 a month for a two-bedroom apartment, it's possible to get by on a budget without sacrificing quality of life or having to take on too much debt. All in all, 38340 Henderson has an affordable cost of living that makes it an attractive option for those looking for a place to settle down and call home.