Henry County, Virginia

Income Data

-35% vs. Virginia average
$48,445
Median Household Income
$28,644
Per Capita Income

At a Glance

Median Household Income
$48,445
-35% vs. state avg
Per Capita Income
$28,644
-27% vs. national
Income-to-Housing Ratio
40.3%
income as % of home value
Rank in Virginia
#120 / 133
by median household income

How Henry County Compares

Henry County$48,445
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$48,445
Median Household Income
$28,644
Per Capita Income
$120,300
Median Home Value
40.3%
Income-to-Housing Ratio

Data Story

About Household Income in Henry County, Virginia

Henry County's income significantly below national

Henry County's median household income of $48,445 trails the national median of $74,755 by 35%, placing it among America's lower-income counties. The county's economy reflects dependence on manufacturing and agriculture sectors with limited high-wage job growth.

Henry County struggles vs. Virginia average

Henry County's $48,445 median household income falls $26,512 short of Virginia's $74,957 state average—a 35% gap. Per capita income of $28,644 lags the state average of $39,155 by 27%, indicating limited earnings across the population.

Lowest earner in comparison set

Henry County's $48,445 income ranks significantly below all comparable counties, including Hopewell city ($48,681), Highland County ($62,946), and Harrisonburg ($59,752). This income gap reflects structural challenges in rural employment and economic opportunity.

Lower income, lower housing costs

Henry County's rent-to-income ratio of 17.5% appears favorable, but reflects the county's lower housing costs rather than affordability abundance. Median home values of just $120,300 are among Virginia's lowest, providing homeownership opportunity despite modest incomes.

Build wealth strategically on modest means

Henry County residents should prioritize debt reduction and emergency savings before aggressive investing, given tighter income constraints. Low housing costs provide an advantage—consider channeling the difference into retirement accounts or educational advancement for household members.

Frequently Asked Questions

What is the median household income in Henry County, Virginia?
The median household income in Henry County, Virginia is $48,445, 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 $28,644, 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 $48,445.
How does Henry County compare to the Virginia average?
Henry County's median household income of $48,445 is lower than the Virginia state average of $74,957. The per capita income is $28,644, compared to the state average of $39,155.
What is the per capita income in Henry County, Virginia?
The per capita income in Henry County, Virginia is $28,644, 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 Virginia?
Henry County's median household income of $48,445 is below the Virginia average of $74,957. The per capita income of $28,644 is also lower than the state average of $39,155. 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 Virginia?
Henry County ranks #120 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $48,445 and per capita income of $28,644, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $48,445 per year

vs. County Median

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vs. State Average

-35%

vs. National Median

-35%

vs. Henry County MedianAbout equal
vs. Virginia Average35% below
vs. National Median35% below

Income Adequacy

Monthly income covers median rent5.7x

Your monthly income ($4,037) vs. median rent ($705/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.