Henry County, Virginia
Income Data
At a Glance
How Henry County Compares
Detailed Income Statistics
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?
How much do people earn in Henry County?
How does Henry County compare to the Virginia average?
What is the per capita income in Henry County, Virginia?
Is Henry County a low-income area in Virginia?
How does Henry County rank for income in Virginia?
Income Comparison Calculator
See how your household income compares in Henry County
Your income is above the Henry County median
County median: $48,445 per year
vs. County Median
+0%
vs. State Average
-35%
vs. National Median
-35%
Income Adequacy
Your monthly income ($4,037) vs. median rent ($705/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Henry County, Virginia? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in Virginia
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.