Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Henderson is a medium-sized city located in the state of Kentucky. The city has a population of 28,469 residents. According to the most recent Census, 83% of Henderson residents are White, 11% Black and 1% Asian. If you are not a fan of long commutes, you will enjoy living in Henderson. With an average one way commute time of only 21 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Henderson can be a positive experience for anyone relocating to the town. Having said that, in the state of Kentucky, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Henderson and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, commute, health & safety, housing and other important metrics.
Henderson has a livability score of 73/100 and is ranked #102 in Kentucky and #4,433 in the USA. There are nine total categories that form the livability score. Henderson ranks well for housing (B+) Regrettably for Henderson, there are some categories for which it does not rank well, this includes: amenities (F) and employment (D-).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Henderson has an unemployment rate of 2.09% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Henderson excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Henderson meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Henderson. Everything else becomes a lot less important if it turns out that home prices in Henderson are simply unattainable. Median real estate prices in Henderson come in at $119,800, which is 5% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Henderson, the home price to income ratio is 3, which is 7.1% higher than the Kentucky average.
| Statistic | Henderson | Kentucky | National |
| Average one way commute | 21min | 23min | 26min |
| Workers who drive to work | 85.2% | 82.2% | 76.4% |
| Workers who carpool | 8.1% | 9.7% | 9.3% |
| Workers who take public transit | 0.3% | 1.1% | 5.1% |
| Workers who bicycle | 0.1% | 0.2% | 0.6% |
| Workers who walk | 1.9% | 2.4% | 2.8% |
| Working from home | 3.6% | 3.3% | 4.6% |
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