C+

Henderson, KY

Source:

Affordability Score: 60/100

Population: 38,192 · 1 ZIP codes

The affordability dashboard for Henderson, KY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 38,192 residents, then layers in county-level federal data to produce an overall grade of C+ (60/100). The headline inputs are median household income of $57,053, median home value of $170,300, median rent of $774 per month, and 20.8% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $949 per month (studio $711, 1BR $764, 3BR $1,220, 4BR $1,414). Department of Labor data lists infant center-based childcare at $6,511 per year, consuming 11% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Henderson, KY include rent. Pressure points are education. Unemployment currently reads 2.5% and poverty 14.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$57,053
Median household income
Education F
20.8%
Bachelor's degree or higher
Housing B-
3.0x
Home value $170,300 vs income
Commute B-
22 min
Average commute time
Rent B+
$949/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B-
$6,511/yr
Center-based infant care (11% of income)

Income & Employment

Median Income
$57,053
▼ 8% vs national
Per Capita Income
$32,723
Unemployment Rate
2.5%
Poverty Rate
14.9%

Housing

Median Home Value
$170,300
▼ 38% vs national
Median Rent
$774/mo
Owner Occupied
62.1%
2BR Fair Market Rent
$949/mo
▼ 21% vs national

Fair Market Rents by Bedroom

Studio
$711
1BR
$764
2BR
$949
3BR
$1,220
4BR
$1,414

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
20.8%
▼ 9 ppt vs national
High School+
56.0%
Median Age
40.1
Avg. Commute
22 min
▼ 4 min vs national

Childcare Costs

Infant (Center)
$6,511/yr
11% of income
Toddler (Center)
$5,962/yr
Preschool (Center)
$5,962/yr
School-Age (Center)
$6,294/yr

What This Means

Henderson, KY receives an overall affordability grade of C+ (60/100), aggregated from 1 ZIP codes with a total population of 38,192. This area performs well in rent. Challenges include education. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Henderson ZIP Codes
View all 1 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Henderson, KY affordable?
Henderson, KY receives an overall affordability grade of C+ (60/100) based on Census, HUD, FBI, and DOL data. Median household income is $57,053. Median home value is $170,300.
What is the cost of living in Henderson?
Key cost metrics: Median rent $774/mo. 2BR fair market rent $949/mo. Infant childcare $6,511/yr. Median home value $170,300.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →