Henderson, KY
Population 27,994 · Kentucky
About Henderson, KY
Henderson is a mid-sized city located in Kentucky with a population of 27,994 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,176 per year, which is 37% below the national median of $75,149. The median age of 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Henderson features a median home value of $151,400, which is 38% below the national median of $244,900. This positions Henderson in a moderately priced market relative to the rest of the country. Median monthly rent is $788, 32% below the national average of $1,163/month. Of the 13,516 total housing units, 54% are owner-occupied (6,614 units) and 46% are renter-occupied (5,721 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Henderson shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.7%, above the national average of 12.4%. Workers in Henderson have an average one-way commute time of 20.2 minutes.
Education & Demographics
18.2% 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 3.4% White, 1.6% Hispanic or Latino, 0.2% Black or African American, and 0.8% Asian residents, with 1.9% of the population being foreign-born.
How Henderson Ranks in Kentucky
Cost of Living in Henderson, KY
Compared to national averages, Henderson has a median household income of $47,176 (37% below the national median of $75,149). Home values average $151,400, which is 38% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Kentucky, Henderson's income is 29% below the state average of $66,273, and home values are 17% below the state median of $182,504.
Why Live in Henderson, KY?
Henderson offers affordable housing with a median home value of $151,400, below the US average of $244,900, and rent that’s lower than the national average at $788/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($47,176) 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 27,994 with a median age of 40.3 years. Compare Henderson with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Henderson
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Frankfort | 28,452 | $54,438 | $171,600 | Compare |
| Jeffersontown | 28,988 | $78,185 | $236,800 | Compare |
| Independence | 29,024 | $98,653 | $240,500 | Compare |
| Paducah | 26,894 | $51,243 | $164,600 | Compare |
| Hopkinsville | 31,011 | $47,428 | $140,200 | Compare |
| Nicholasville | 31,625 | $67,514 | $210,700 | Compare |
| Elizabethtown | 31,870 | $56,250 | $223,200 | Compare |
| Florence | 32,334 | $68,508 | $196,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Henderson With Other Cities
Frequently Asked Questions about Henderson
What is the population of Henderson, KY?
The population of Henderson, KY is 27,994 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Kentucky.
What is the median household income in Henderson?
The median household income in Henderson, KY is $47,176 per year, which is 37% below the national median of $75,149.
What is the median home value in Henderson?
The median home value in Henderson, KY is $151,400, which is 38% 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, KY is $788, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Henderson?
The unemployment rate in Henderson, KY is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Henderson, KY a good place to live?
Henderson offers a moderate cost of living, affordable housing, and a strong job market. With a population of 27,994 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Henderson, KY?
18.2% 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, KY: median home value is $151,400 (38% below national), median rent is $788/month, and median household income is $47,176. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Henderson?
The poverty rate in Henderson, KY is 19.7%, 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, KY?
Henderson's population is 3.4% White, 1.6% Hispanic or Latino, 0.2% Black or African American, 0.8% Asian, and 10.4% two or more races. 1.9% of residents are foreign-born.