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Henry County

Learn about the people, housing, costs and businesses in Henry County County

Median Home$152,871
Median Rent$860/month
Population48,643
Leading IndustriesTransportation · Retail3% transportation
Home Value Growth+9.7% over 2 years
Retirees22% of residentsnear the national average
Homeowners80% of occupied units
NotableTransit72/100 · excellent transit access
Henry County
IL

Frequently Asked Questions

What are today's mortgage rates in Henry County?

As of today, the 30-year fixed mortgage rate for Henry County is approximately 7.259% (7.297% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Henry County?

The median home value in Henry County is $153k. The median monthly rent is $860. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Henry County?

Home values in Henry County have increased 9.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Henry County?

Based on a typical all-in ownership cost of $946/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Henry County is $74k/year.

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What industries drive the economy in Henry County?

The largest employment sectors in Henry County are public administration (22%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas