Quick facts: Henderson, TX

Quick Facts

99.5
Cost of Living
below US average
13,385
Population
33.25
Crime Rate per 1000
above US average
$55,263
Median Income
below US average
$210,000
Median House Price
above US average
$1562.5
Average Rent
above US average
13%
Poverty Rate
above US average
4.3%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $55,263.

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Income Needed to Buy

βœ— Stretch
$66k/year
Based on $210,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $66k vs median $55,263
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Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1562.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $55,263
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Henderson, TX

Henderson, Texas, is a charming city located in Rusk County, known for its rich history and vibrant community. With a population of around 13,000 residents, it offers a small-town feel while providing various amenities and services. The city is situated in the scenic Piney Woods region, characterized by lush forests, lakes, and outdoor recreational opportunities. Henderson is home to several historic sites, including the Rusk County Historical Museum, which showcases the area’s heritage. The annual Watermelon Festival, a highlight of the community calendar, attracts visitors with its lively atmosphere, music, and, of course, delicious watermelon. Additionally, the city boasts schools that are part of the Henderson Independent School District, providing quality education for its residents. With friendly neighborhoods, local parks, and access to recreational activities such as fishing and hiking, Henderson offers an inviting atmosphere for families and individuals seeking a close-knit community. Its strategic location near major highways provides convenient access to larger cities, making it an attractive place for those looking for a mix of rural charm and accessibility.

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