Henry, TN
Population 588 · Tennessee
About Henry, TN
Henry is a small community located in Tennessee with a population of 588 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,125 per year, which is 36% below the national median of $75,149. The median age of 35.3 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 Henry features a median home value of $75,000, which is 69% below the national median of $244,900. This makes Henry one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $583, 50% below the national average of $1,163/month. Of the 205 total housing units, 60% are owner-occupied (102 units) and 40% are renter-occupied (69 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Henry shows an unemployment rate of 9.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 27.2%, above the national average of 12.4%. Workers in Henry have an average one-way commute time of 19.3 minutes, one of the shorter commutes in the region.
Education & Demographics
9.0% of Henry 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 15.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 2.6% Asian residents, with 12.6% of the population being foreign-born.
How Henry Ranks in Tennessee
Cost of Living in Henry, TN
Compared to national averages, Henry has a median household income of $48,125 (36% below the national median of $75,149). Home values average $75,000, which is 69% below the national median. Monthly rent at $583 is 50% below the US average of $1,163. Within Tennessee, Henry's income is 23% below the state average of $62,849, and home values are 65% below the state median of $214,371.
Why Live in Henry, TN?
Henry offers affordable housing with a median home value of $75,000, below the US average of $244,900, and rent that’s lower than the national average at $583/month, and short commute times averaging just 19.3 minutes.
Potential considerations include median household income ($48,125) that falls below the national average. However, Henry’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Henry has a population of 588 with a median age of 35.3 years. Compare Henry with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Henry
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Big Sandy | 589 | $43,036 | $62,300 | Compare |
| Woodland Mills | 584 | $77,368 | $125,300 | Compare |
| Petersburg | 579 | $58,942 | $144,600 | Compare |
| Minor Hill | 598 | $43,077 | $140,200 | Compare |
| Parker's Crossroads | 578 | $70,313 | $178,800 | Compare |
| Finger | 600 | $55,556 | $92,800 | Compare |
| Walnut Grove CDP (Sumner County), Tennessee | 576 | $123,063 | $476,400 | Compare |
| Townsend | 570 | $84,155 | $332,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Henry With Other Cities
Frequently Asked Questions about Henry
What is the population of Henry, TN?
The population of Henry, TN is 588 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Henry?
The median household income in Henry, TN is $48,125 per year, which is 36% below the national median of $75,149.
What is the median home value in Henry?
The median home value in Henry, TN is $75,000, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Henry?
The median monthly rent in Henry, TN is $583, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Henry?
The unemployment rate in Henry, TN is 9.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Henry, TN a good place to live?
Henry offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 588 and a median age of 35.3, the city appeals to a broad range of residents.
How educated is Henry, TN?
9.0% of residents in Henry 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 Henry?
Key cost-of-living indicators for Henry, TN: median home value is $75,000 (69% below national), median rent is $583/month, and median household income is $48,125. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Henry?
The poverty rate in Henry, TN is 27.2%, 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 Henry, TN?
Henry's population is 15.8% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 2.6% Asian, and 19.6% two or more races. 12.6% of residents are foreign-born.