Henry County, Kentucky

Income Data

+9% vs. Kentucky average
$60,736
Median Household Income
$30,492
Per Capita Income

At a Glance

Median Household Income
$60,736
+9% vs. state avg
Per Capita Income
$30,492
-23% vs. national
Income-to-Housing Ratio
33.5%
income as % of home value
Rank in Kentucky
#42 / 120
by median household income

How Henry County Compares

Henry County$60,736
Kentucky Average$55,909
National Median$74,755

Detailed Income Statistics

$60,736
Median Household Income
$30,492
Per Capita Income
$181,300
Median Home Value
33.5%
Income-to-Housing Ratio

Data Story

About Household Income in Henry County, Kentucky

Henry County income below national mark

Henry County's median household income of $60,736 falls about 19% short of the national median of $74,755. The per capita income of $30,492 aligns with the state average, indicating typical earning distribution for rural Kentucky.

Above Kentucky's typical household income

At $60,736, Henry County households earn about 9% more than Kentucky's state average of $55,909. The county ranks in the upper-middle tier of Kentucky counties by median household income.

Henry competes well locally

Henry County's $60,736 median income trails Harrison ($63,205) and Hickman ($63,750) but exceeds Hopkins ($57,610) and Hart ($49,653). The county holds steady in the stronger-earning group of its region.

Housing costs rising in Henry

At 17.2% of median income, Henry County's rent-to-income ratio edges toward affordability concerns. A median home value of $181,300 requires households to allocate substantial resources, leaving less for savings and investments.

Strategic investing despite housing costs

Henry County residents should seek to automate retirement contributions through payroll deductions to build wealth amid housing expenses. Even modest monthly investments in diversified funds compound significantly over a working lifetime.

Frequently Asked Questions

What is the median household income in Henry County, Kentucky?
The median household income in Henry County, Kentucky is $60,736, 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 $30,492, 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 $60,736.
How does Henry County compare to the Kentucky average?
Henry County's median household income of $60,736 is higher than the Kentucky state average of $55,909. The per capita income is $30,492, compared to the state average of $29,616.
What is the per capita income in Henry County, Kentucky?
The per capita income in Henry County, Kentucky is $30,492, 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 Kentucky average?
Henry County's median household income of $60,736 is higher than the Kentucky average of $55,909. This difference of $4,827 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 Kentucky?
Henry County ranks #42 out of 120 counties in Kentucky by median household income (1 = highest). With a median household income of $60,736 and per capita income of $30,492, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Henry County

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Your income is above the Henry County median

County median: $60,736 per year

vs. County Median

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vs. State Average

+9%

vs. National Median

-19%

vs. Henry County MedianAbout equal
vs. Kentucky Average9% above
vs. National Median19% below

Income Adequacy

Monthly income covers median rent5.8x

Your monthly income ($5,061) vs. median rent ($871/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.