Henry County, Illinois
Income Data
At a Glance
How Henry County Compares
Detailed Income Statistics
Data Story
About Household Income in Henry County, Illinois
Henry ranks among top earners regionally
Henry County's median household income of $69,912 nearly matches the U.S. median of $74,755, falling short by just $4,843. This places Henry among the strongest-earning counties in the eight-county sample.
Above Illinois state average
Henry's $69,912 median exceeds the state average of $68,580 by about $1,332, putting it in the upper-middle tier of Illinois counties. This modest outperformance reflects a stable, diversified local economy.
Henry outearns most regional peers
Henry County ($69,912) leads all peers except Jasper County ($71,094), commanding incomes notably above Hancock ($65,044), Hamilton ($61,520), and Hardin ($57,155). This positions Henry as a relative economic anchor in southwestern Illinois.
Rising home values test affordability
Henry's rent-to-income ratio of 14.4% remains just below stress threshold, but median home values of $145,300 are the highest in the sample. Buyers need strong down payments and stable income to manage these higher property costs.
Higher incomes enable serious investing
Per capita income of $38,767 and median household earnings of $69,912 give Henry residents room to save aggressively and invest. Households should leverage this advantage through retirement accounts, home equity, and diversified portfolios.
Frequently Asked Questions
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County median: $69,912 per year
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.