Henry County, IL
Comprehensive housing, income, and cost of living data for Henry County, Illinois. Population: 49.2K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Henry County, IL?
The median home price in Henry County, Illinois is $170.2K. The price-to-income ratio is 2.4x, meaning the median home costs 2.4 times the median household income.
What salary do you need to buy a home in Henry County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $50.2K per year to buy the median home in Henry County, IL. Monthly housing costs break down to $860 for mortgage, $240 for property tax, and $70.90 for insurance.
What is the property tax rate in Henry County?
The effective property tax rate in Henry County is 1.69%, which comes to approximately $2,877 per year on the median home.
What is the median household income in Henry County?
The median household income in Henry County, Illinois is $69.9K per year, based on Census Bureau American Community Survey data. The unemployment rate is 5.0%%.
Is Henry County a good place to live?
Henry County, Illinois has a population of 49.2K. Housing affordability is strong with a price-to-income ratio of 2.4x. The climate averages 50 degrees F with 203 sunny days per year. Compare Henry County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.