Henry County, Illinois

Income Data

+2% vs. Illinois average
$69,912
Median Household Income
$38,767
Per Capita Income

At a Glance

Median Household Income
$69,912
+2% vs. state avg
Per Capita Income
$38,767
-2% vs. national
Income-to-Housing Ratio
48.1%
income as % of home value
Rank in Illinois
#36 / 102
by median household income

How Henry County Compares

Henry County$69,912
Illinois Average$68,580
National Median$74,755

Detailed Income Statistics

$69,912
Median Household Income
$38,767
Per Capita Income
$145,300
Median Home Value
48.1%
Income-to-Housing Ratio

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

What is the median household income in Henry County, Illinois?
The median household income in Henry County, Illinois is $69,912, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Henry County?
The per capita income in Henry County is $38,767, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $69,912.
How does Henry County compare to the Illinois average?
Henry County's median household income of $69,912 is higher than the Illinois state average of $68,580. The per capita income is $38,767, compared to the state average of $36,009.
What is the per capita income in Henry County, Illinois?
The per capita income in Henry County, Illinois is $38,767, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Henry County income higher than the Illinois average?
Henry County's median household income of $69,912 is higher than the Illinois average of $68,580. This difference of $1,332 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Henry County rank for income in Illinois?
Henry County ranks #36 out of 102 counties in Illinois by median household income (1 = highest). With a median household income of $69,912 and per capita income of $38,767, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $69,912 per year

vs. County Median

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vs. State Average

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vs. National Median

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vs. Henry County MedianAbout equal
vs. Illinois Average2% above
vs. National Median6% below

Income Adequacy

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Your monthly income ($5,826) vs. median rent ($837/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.