Henry County, Tennessee
Income Data
At a Glance
How Henry County Compares
Detailed Income Statistics
Data Story
About Household Income in Henry County, Tennessee
Henry County income lags national median
Henry County's median household income of $48,540 trails the national median of $74,755 by 35%, reflecting rural economic constraints and limited high-wage employment opportunities. The gap highlights the income challenges faced by many rural Tennessee communities.
Below Tennessee average
Henry County earns 18% less than Tennessee's state median of $58,994, ranking it among the state's lower-income counties. Per capita income of $29,136 closely approaches the state average of $31,458, indicating typical earning patterns for rural populations.
Middle-tier among rural peers
Henry County's $48,540 median income ranks slightly above Hardeman ($46,173) and Haywood ($43,513), but trails Henderson ($53,471) and Hawkins ($55,278) by $5,000–$7,000. The county's position reflects agricultural and small manufacturing economies typical of rural West Tennessee.
Housing costs remain reasonable
A rent-to-income ratio of 18.3% keeps housing costs manageable at less than one-fifth of median household income. With a median home value of $145,200 and stable incomes, residents have realistic pathways to building home equity and long-term housing security.
Create wealth through consistent saving
Henry County residents can build financial security by automating savings of 5–8% of income into a dedicated account, then gradually increasing contributions as wages grow. Look into whether employers offer retirement matching benefits or whether local vocational programs could boost earning potential in growing regional sectors.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Henry County median
County median: $48,540 per year
vs. County Median
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vs. State Average
-18%
vs. National Median
-35%
Income Adequacy
Your monthly income ($4,045) vs. median rent ($741/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.