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Henry

Learn about the people, housing, costs and businesses in Henry, South Dakota

Median Home$243,100
Median Rent$828/month
Population250
Leading IndustriesManufacturing · Arts, Food & Hospitality · Professional Services2% manufacturing
Home Value Growth⬆⬆+15.8% over 2 years
Retirees57% of residentstop 1% nationally
Homeowners93% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Henry
SD

Frequently Asked Questions

What are today's mortgage rates in Henry?

As of today, the 30-year fixed mortgage rate for Henry is approximately 6.870% (6.905% 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?

The median home value in Henry is $243k. The median monthly rent is $828. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Henry?

Home values in Henry have increased 15.8% over the past two years. This indicates a strong appreciation trend. 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?

Based on a typical all-in ownership cost of $872/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Henry is $81k/year.

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What industries drive the economy in Henry?

The largest employment sectors in Henry are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.