Henry County, Tennessee

Income Data

-18% vs. Tennessee average
$48,540
Median Household Income
$29,136
Per Capita Income

At a Glance

Median Household Income
$48,540
-18% vs. state avg
Per Capita Income
$29,136
-26% vs. national
Income-to-Housing Ratio
33.4%
income as % of home value
Rank in Tennessee
#80 / 95
by median household income

How Henry County Compares

Henry County$48,540
Tennessee Average$58,994
National Median$74,755

Detailed Income Statistics

$48,540
Median Household Income
$29,136
Per Capita Income
$145,200
Median Home Value
33.4%
Income-to-Housing Ratio

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

What is the median household income in Henry County, Tennessee?
The median household income in Henry County, Tennessee is $48,540, 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 $29,136, 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 $48,540.
How does Henry County compare to the Tennessee average?
Henry County's median household income of $48,540 is lower than the Tennessee state average of $58,994. The per capita income is $29,136, compared to the state average of $31,458.
What is the per capita income in Henry County, Tennessee?
The per capita income in Henry County, Tennessee is $29,136, 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.
Is Henry County a low-income area in Tennessee?
Henry County's median household income of $48,540 is below the Tennessee average of $58,994. The per capita income of $29,136 is also lower than the state average of $31,458. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Henry County rank for income in Tennessee?
Henry County ranks #80 out of 95 counties in Tennessee by median household income (1 = highest). With a median household income of $48,540 and per capita income of $29,136, it falls in the bottom 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: $48,540 per year

vs. County Median

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vs. State Average

-18%

vs. National Median

-35%

vs. Henry County MedianAbout equal
vs. Tennessee Average18% below
vs. National Median35% below

Income Adequacy

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