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Henry

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

Median Home$105,800
Median Rent$719/month
Population464
Leading IndustriesProfessional Services · Education2% professional services
Home Value Growth⬆⬆⬆+27.7% over 2 years
Retirees24% of residentsslightly above average
Homeowners77% of occupied units
NotableAffordable Market$106k median home · lower cost than 90% of the country
Henry
TN

Frequently Asked Questions

What are today's mortgage rates in Henry?

As of today, the 30-year fixed mortgage rate for Henry is approximately 6.893% (6.929% 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 $106k. The median monthly rent is $719. Annual property taxes average $517. 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 27.7% 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 $490/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Henry is $43k/year.

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What industries drive the economy in Henry?

The largest employment sectors in Henry are public administration (20%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.