McHenry, KY
Population 355 · Kentucky
About McHenry, KY
McHenry is a small community located in Kentucky with a population of 355 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,583 per year, which is 47% below the national median of $75,149. The median age of 42.9 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in McHenry features a median home value of $74,600, which is 70% below the national median of $244,900. This makes McHenry one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $673, 42% below the national average of $1,163/month. Of the 161 total housing units, 69% are owner-occupied (107 units) and 31% are renter-occupied (48 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McHenry shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 25.1%, above the national average of 12.4%. Workers in McHenry have an average one-way commute time of 20.3 minutes.
Education & Demographics
4.9% of McHenry 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 0.0% White, 1.1% Hispanic or Latino, 1.4% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
How McHenry Ranks in Kentucky
Cost of Living in McHenry, KY
Compared to national averages, McHenry has a median household income of $39,583 (47% below the national median of $75,149). Home values average $74,600, which is 70% below the national median. Monthly rent at $673 is 42% below the US average of $1,163. Within Kentucky, McHenry's income is 40% below the state average of $66,273, and home values are 59% below the state median of $182,504.
Why Live in McHenry, KY?
McHenry offers affordable housing with a median home value of $74,600, below the US average of $244,900, and rent that’s lower than the national average at $673/month, and short commute times averaging just 20.3 minutes.
Potential considerations include median household income ($39,583) that falls below the national average. However, McHenry’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
McHenry has a population of 355 with a median age of 42.9 years. Compare McHenry with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near McHenry
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gamaliel | 359 | $37,000 | $82,800 | Compare |
| Hunters Hollow | 351 | $73,929 | $192,500 | Compare |
| Willisburg | 359 | $56,042 | $150,000 | Compare |
| Summersville | 360 | $51,696 | $92,500 | Compare |
| Wayland | 360 | $31,042 | $21,800 | Compare |
| Waverly | 361 | $61,250 | $100,000 | Compare |
| Hollyvilla | 348 | $56,719 | $157,800 | Compare |
| Centertown | 347 | $46,875 | $91,800 | 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 McHenry With Other Cities
Frequently Asked Questions about McHenry
What is the population of McHenry, KY?
The population of McHenry, KY is 355 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in McHenry?
The median household income in McHenry, KY is $39,583 per year, which is 47% below the national median of $75,149.
What is the median home value in McHenry?
The median home value in McHenry, KY is $74,600, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McHenry?
The median monthly rent in McHenry, KY is $673, which is 42% below the national average of $1,163/month.
What is the unemployment rate in McHenry?
The unemployment rate in McHenry, KY is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is McHenry, KY a good place to live?
McHenry offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 355 and a median age of 42.9, the city appeals to a broad range of residents.
How educated is McHenry, KY?
4.9% of residents in McHenry 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 McHenry?
Key cost-of-living indicators for McHenry, KY: median home value is $74,600 (70% below national), median rent is $673/month, and median household income is $39,583. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in McHenry?
The poverty rate in McHenry, KY is 25.1%, 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 McHenry, KY?
McHenry's population is 0.0% White, 1.1% Hispanic or Latino, 1.4% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.