The typical owner-occupied home in Henderson is worth about $123,800, 57% below the North Carolina median of $288,900 and 63% below the national median of $332,700. Owners pay a median $1,340 a year in property taxes, about 1.08% of their home's value, higher than the North Carolina rate of 0.66%. The median household earns $39,969 a year, so the median home costs 3.1 times the median income (4.0 times for North Carolina). 39% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Henderson at a glance
| Henderson | North Carolina | U.S. | |
|---|---|---|---|
| Median home value | $123,800 | $288,900 | $332,700 |
| Median property tax paid per year | $1,340 | $1,896 | $3,119 |
| Property tax as a share of value | 1.08% | 0.66% | 0.94% |
| Median household income | $39,969 | $72,388 | $80,734 |
| Homes lived in by their owners | 39% | 67% | 65% |
| Owner homes with a mortgage | 43% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,250 | $1,631 | $1,963 |
| Those costs as a share of the owners' income | 27.5% | 19.4% | 21.0% |
| Median rent | $848 | $1,228 | $1,413 |
| Rent as a share of renters' income | 32.4% | 29.5% | 30.6% |
| Median year homes were built | 1968 | 1991 | 1980 |
| Vacant homes | 15.7% | 12.5% | 10.1% |
| Population | 14,885 | 10,730,404 | 334,922,499 |
What a typical home costs per month in Henderson
At this week's average 30-year rate of 7.11%, buying the median Henderson home of $123,800 with 20% down costs about $829 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,035, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $35,539 for the 20%-down payment. That payment is 25% of the median Henderson household income of $39,969; at that income and 20% down, the 28% guideline points to a home of about $139,000.
The median rent here is $848 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $24,760 |
|---|---|
| Loan amount | $99,040 |
| Principal and interest | $666 |
| Property taxes (1.08% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $829 |
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| Down payment | $4,333 |
|---|---|
| Loan amount | $121,558 |
| Principal and interest | $818 |
| Property taxes (1.08% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $1,035 |
Change the numbers in the calculator
Questions about home buying in Henderson
What is the median home value in Henderson?
About $123,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Henderson?
Homeowners pay a median $1,340 a year, which is about 1.08% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Henderson?
For the median home with 20% down at 7.11%, the payment is about $829 a month. Keeping that under 28% of gross income takes about $35,539 a year.
More about Henderson
- Mortgage Refinance in Henderson
- Debt Relief in Henderson
- Home Equity Loans in Henderson
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data