Living in Henderson, Minnesota
Cost of living, income, home prices, rent and demographics of Henderson · Census data 2020–2024
Henderson has 875 residents with a median age of 41.4. The median household income is $76,458 (14% lower than the Minnesota median), the median home value is $223,500, the median rent is $923/month.
Henderson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Henderson at a glance
- Population
- 875
- Median age
- 41.4State: 38.8
- Median household income
- $76,458State: $89,062
- Median home value
- $223,500State: $329,300
- Median rent
- $923/moState: $1,280
- Homeowners
- 78.3%
- Bachelor's degree or higher
- 24.6%
- Average commute
- 31 min
Is Henderson a good place to live?
Pros: Home values 32% lower than the state median; unemployment of 2.5%.
Cons: Median household income 14% lower than the Minnesota median; an average commute of 31 minutes; a poverty rate of 11%.
The weather is best in June to September.
Cost of living in Henderson
Housing is the biggest part of the cost of living. In Henderson the median home value is $223,500, 33% lower than the U.S. median. Renters pay a median of $923 per month, which is 16.9% of household income. Homeowners with a mortgage pay $1,570 a month in housing costs.
Henderson median household income
The median household income in Henderson is $76,458 and the income per person is $41,518. 11% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Henderson: homes for sale and rent
- Housing units
- 412
- Owner-occupied
- 78.3%
- Renter-occupied
- 21.7%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.28
Henderson demographics
- Population
- 875
- Median age
- 41.4
- Under 18
- 23.2%
- 65 and older
- 16.6%
- Households
- 383
- Foreign-born
- 2.6%
- Veterans
- 4.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Henderson ›
Education in Henderson
24.6% of adults 25 and older in Henderson have a bachelor's degree or higher (Minnesota: 39.4%), and 8.3% have a graduate or professional degree.
Jobs and commute in Henderson
- Unemployment rate
- 2.5%State: 4.1%
- Average commute
- 31 minState: 23 min
- Work from home
- 15.6%
- Drive alone
- 74.9%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 92.7%
Henderson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Henderson | 875 | $76,458 | $223,500 | $923 |
| Le Sueur | 4,215 | $78,711 | $244,000 | $880 |
| Arlington | 2,065 | $68,073 | $206,300 | $549 |
| Belle Plaine | 7,423 | $99,315 | $318,200 | $1,342 |
| Green Isle | 466 | $88,333 | $200,700 | $1,725 |
| Le Center | 2,513 | $80,673 | $209,600 | $889 |
| St. Peter | 12,185 | $65,122 | $250,700 | $961 |
| Heidelberg | 235 | $115,417 | $316,700 | — |
| Cleveland | 563 | $85,750 | $212,800 | $817 |
More for people moving to Henderson
Henderson ZIP code ›Weather and climate ›Living in Henderson: FAQ
What is the median household income in Henderson, MN?
The median household income in Henderson is $76,458, 14% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Henderson?
The median home value in Henderson is $223,500, compared with $329,300 in Minnesota.
How much is rent in Henderson?
The median gross rent in Henderson is $923 per month, about 16.9% of household income.
Is Henderson, MN a good place to live?
Pluses: home values 32% lower than the state median; unemployment of 2.5%. Minuses: median household income 14% lower than the Minnesota median; an average commute of 31 minutes; a poverty rate of 11%.
What is the median age in Henderson?
The median age in Henderson is 41.4 years (Minnesota: 38.8).
How long is the commute in Henderson?
The average commute to work in Henderson is 31 minutes; 15.6% of workers work from home.
What is the unemployment rate in Henderson?
The unemployment rate in Henderson is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Henderson?
24.6% of adults in Henderson have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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