Living in Henry, Illinois

Cost of living, income, home prices, rent and demographics of Henry · Census data 2020–2024

Henry has 2,441 residents with a median age of 44.8. The median household income is $65,577 (21% lower than the Illinois median), the median home value is $117,000, the median rent is $681/month.

Henry at a glance

Population
2,441
Median age
44.8State: 39
Median household income
$65,577State: $83,390
Median home value
$117,000State: $263,300
Median rent
$681/moState: $1,274
Homeowners
74%
Bachelor's degree or higher
21%
Average commute
29 min

Is Henry a good place to live?

Pros: Home values 56% lower than the state median; unemployment of 2.7%.

Cons: Median household income 21% lower than the Illinois median; an average commute of 29 minutes; a poverty rate of 14.1%.

The weather is best in May–June and August–September.

Cost of living in Henry

Housing is the biggest part of the cost of living. In Henry the median home value is $117,000, 65% lower than the U.S. median. Renters pay a median of $681 per month, which is 19.3% of household income. Homeowners with a mortgage pay $1,164 a month in housing costs.

Median home value

Henry$117,000
Illinois$263,300
United States$332,700

Median monthly rent

Henry$681
Illinois$1,274
United States$1,413

Henry median household income

The median household income in Henry is $65,577 and the income per person is $34,611. 14.1% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Henry$65,577
Illinois$83,390
United States$80,734

Housing in Henry: homes for sale and rent

Housing units
1,147
Owner-occupied
74%
Renter-occupied
26%
Vacant
9.9%Includes seasonal homes
Median year built
1957
Average household size
2.28

Henry demographics

Population
2,441
Median age
44.8
Under 18
22.5%
65 and older
22%
Households
1,034
Foreign-born
0%
Veterans
10.5%Adults 18+

Race and ethnicity

White96.1%
Hispanic or Latino0.6%
Black0.6%
Asian0%

Hispanic or Latino can be of any race. Population history of Henry ›

Education in Henry

21% of adults 25 and older in Henry have a bachelor's degree or higher (Illinois: 37.8%), and 9% have a graduate or professional degree.

Bachelor's degree or higher

Henry21%
Illinois37.8%
United States35.7%

Jobs and commute in Henry

Unemployment rate
2.7%State: 5.8%
Average commute
29 minState: 28 min
Work from home
8.9%
Drive alone
85.5%
Public transit
0%
Walk to work
2.9%
Homes with broadband
87.2%

Henry vs nearby towns

TownPopulationMedian incomeHome valueRent
Henry2,441$65,577$117,000$681
Lacon1,916$63,162$121,900$817
Sparland295$43,125$83,600$1,063
Magnolia232$81,406$153,000—
McNabb233$84,000$133,300$833
Varna387$62,639$89,300$833
Hennepin929$83,000$168,300$849
Hopewell604$120,592$182,700—
Mark574$79,063$161,600$938

More for people moving to Henry

Henry ZIP code ›Weather and climate ›

Living in Henry: FAQ

What is the median household income in Henry, IL?

The median household income in Henry is $65,577, 21% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Henry?

The median home value in Henry is $117,000, compared with $263,300 in Illinois.

How much is rent in Henry?

The median gross rent in Henry is $681 per month, about 19.3% of household income.

Is Henry, IL a good place to live?

Pluses: home values 56% lower than the state median; unemployment of 2.7%. Minuses: median household income 21% lower than the Illinois median; an average commute of 29 minutes; a poverty rate of 14.1%.

What is the median age in Henry?

The median age in Henry is 44.8 years (Illinois: 39).

How long is the commute in Henry?

The average commute to work in Henry is 29 minutes; 8.9% of workers work from home.

What is the unemployment rate in Henry?

The unemployment rate in Henry is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Henry?

21% of adults in Henry have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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