Henry County, Kentucky
Income Data
At a Glance
How Henry County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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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%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.