Henry County, IN

Comprehensive housing, income, and cost of living data for Henry County, Indiana. Population: 48.9K.

View on Map

Median Home Price

$203.8K

Based on 12 cities

Median Household Income

$60.1K

Annual household income

Price-to-Income Ratio

3.4x

Moderately affordable

Salary Needed to Buy

$51.6K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$1,050

Average annual amount

Effective Tax Rate

0.52%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,031

Property Tax$87.50

Insurance$84.92

Total Monthly$1,203

Historical Home Prices

2015

$83.3K

2016

$87.4K

+5.0%%

2017

$92.9K

+6.3%%

2018

$99.3K

+6.9%%

2019

$108.7K

+9.4%%

2020

$121.8K

+12.0%%

2021

$140.3K

+15.3%%

2022

$154.7K

+10.2%%

2023

$162.1K

+4.8%%

2024

$173.3K

+6.9%%

2025

$179.4K

+3.5%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.5%%

Below national average

Population Density

125

People per square mile

Homicide Rate

4.4

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

92.4%

Black

2.3%

Hispanic

2.2%

Asian

0.5%

Two or More Races

2.3%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

51°F

Annual average

Sunny Days

151

Days per year

Annual Rainfall

44.3"

Inches per year

Natural Disaster Risk

Moderate Risk

Score: 45/100

Explore More

View on Interactive Map Compare Counties View All IN Counties