Henderson, IL
Population 253 · Illinois
About Henderson, IL
Henderson is a small community located in Illinois with a population of 253 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,875 per year, which is 31% below the national median of $75,149. The median age of 26.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Henderson features a median home value of $98,800, which is 60% below the national median of $244,900. This makes Henderson one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $675, 42% below the national average of $1,163/month. Of the 118 total housing units, 80% are owner-occupied (82 units) and 20% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Henderson shows an unemployment rate of 9.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 29.4%, above the national average of 12.4%. Workers in Henderson have an average one-way commute time of 28.2 minutes.
Education & Demographics
18.9% of Henderson residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 6.3% White, 0.0% Hispanic or Latino, 5.5% Black or African American, and 0.0% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Henderson, IL
Compared to national averages, Henderson has a median household income of $51,875 (31% below the national median of $75,149). Home values average $98,800, which is 60% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Illinois, Henderson's income is 31% below the state average of $75,072, and home values are 40% below the state median of $165,779.
Why Live in Henderson, IL?
Henderson offers affordable housing with a median home value of $98,800, below the US average of $244,900, and rent that’s lower than the national average at $675/month.
Potential considerations include median household income ($51,875) that falls below the national average. However, Henderson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Henderson has a population of 253 with a median age of 26.6 years. Compare Henderson with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Henderson
What is the population of Henderson, IL?
The population of Henderson, IL is 253 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Henderson?
The median household income in Henderson, IL is $51,875 per year, which is 31% below the national median of $75,149.
What is the median home value in Henderson?
The median home value in Henderson, IL is $98,800, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Henderson?
The median monthly rent in Henderson, IL is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Henderson?
The unemployment rate in Henderson, IL is 9.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Henderson, IL a good place to live?
Henderson offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 253 and a median age of 26.6, the city appeals to young professionals and families.
How educated is Henderson, IL?
18.9% of residents in Henderson aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Henderson?
Key cost-of-living indicators for Henderson, IL: median home value is $98,800 (60% below national), median rent is $675/month, and median household income is $51,875. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Henderson?
The poverty rate in Henderson, IL is 29.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Henderson, IL?
Henderson's population is 6.3% White, 0.0% Hispanic or Latino, 5.5% Black or African American, 0.0% Asian, and 4.3% two or more races. 3.2% of residents are foreign-born.