Henry County, Indiana
Income Data
At a Glance
How Henry County Compares
Detailed Income Statistics
Data Story
About Household Income in Henry County, Indiana
Henry County lags national income
Henry County's median household income of $60,144 trails the U.S. median of $74,755 by nearly $15,000, placing it below the national average. This gap means households here earn roughly 20% less than their national counterparts, affecting purchasing power and long-term wealth building.
Below average among Indiana counties
At $60,144, Henry County ranks below Indiana's state median of $68,681, putting it in the lower half of the state's 92 counties. The county's per capita income of $31,084 also trails the state average of $34,773, suggesting limited earning potential per person.
Neighbors earn more on average
Neighboring Huntington County ($62,734) and Howard County ($62,496) both outpace Henry County's $60,144 median. Jackson County to the south earns even more at $70,208, indicating stronger economic activity in surrounding areas.
Housing costs manageable but tight
Henry County's rent-to-income ratio of 16.1% falls within the affordable threshold, meaning renters spend a reasonable share of income on housing. However, with a median home value of $140,200 and lower incomes, first-time homebuyers face real constraints.
Build financial resilience here
Henry County households earning $60,144 should prioritize emergency savings and low-cost index fund investing to grow wealth over time. Starting early with even modest contributions compounds significantly—a $100 monthly investment at 7% annual returns grows to over $100,000 in 30 years.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Henry County median
County median: $60,144 per year
vs. County Median
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vs. State Average
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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.