1st Advantage MortgageHenry County households have a median income of $63,347 and median rent of $895 a month (ACS 2020 to 2024). A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Kentucky license first.
On this page
- A quick profile of Henry County
- Income in Henry County compared with Kentucky
- Employment and commuting in Henry County
- What it costs to live in Henry County
- Regional comparison for Henry County
- The communities that make up Henry County
- Who lives in Henry County, in numbers
- What the numbers mean for Henry County borrowers
- What a median Henry County budget can carry
- Who licenses lenders for Henry County residents
- Steps before you apply in Henry County
- More guides for Henry County
- Frequently asked questions
A quick profile of Henry County
Henry County is home to about 15,856 people, according to the Census Bureau's 2020 to 2024 American Community Survey, which makes it the 72nd most populous of 120 county-level areas in Kentucky. It covers 286 square miles of land, or about 55 people per square mile. The federal metro definitions (OMB, July 2023) place it in the Louisville/Jefferson County, KY-IN metropolitan area. Eminence is the biggest of its 5 Census places, at roughly 2,724 people (17% of the county total).
Income in Henry County compared with Kentucky
The median household income in Henry County is $63,347, close to the statewide $63,726. In the state ranking that is 35th of 120.
| Income band | Share in Henry County | Difference from Kentucky |
|---|---|---|
| Under $35,000 | 28.3% | +0.3 pts |
| $35,000 to $99,999 | 44.6% | +2.7 pts |
| $100,000 to $199,999 | 22.2% | -0.7 pts |
| $200,000 or more | 4.9% | -2.3 pts |
Some 28% of households here live on less than $35,000 a year; 27% have six-figure incomes. 16.4% of residents fall below the federal poverty line (statewide: 16.1%). None of these numbers decides a Henry County application. Lenders weigh your own documented income against your own debts.
Employment and commuting in Henry County
Education and health care employs 17% of working residents, the largest share; manufacturing is next with 16%. Compared with Kentucky, the county leans toward retail trade (15% against 12%). The survey's unemployment rate for Henry County averages 5.0% over 2020 to 2024 (state: 4.9%). About 76% drive to work alone and 23% have trips of 45 minutes or more. Households without a car make up 5.9% of the total (6.8% statewide).
| Industry | Share of Henry County workers | vs Kentucky |
|---|---|---|
| Education and health care | 17.0% | -7.2 pts |
| Manufacturing | 16.0% | +1.7 pts |
| Retail trade | 14.9% | +3.4 pts |
| Professional and administrative services | 8.8% | -0.2 pts |
| Construction | 8.1% | +1.8 pts |
| Transportation, warehousing and utilities | 7.3% | +0.3 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Henry County should have bank statements and tax returns ready.
What it costs to live in Henry County
Renters in Henry County pay a median of $895 a month, 7% below the Kentucky figure of $967. 58% of renting households spend 30% or more of income on rent, and 23% spend half or more. With a median value of $197,900, a typical Henry County house costs 3.1 times what the median household earns in a year. Owners occupy 76% of homes. The median home was built in 1977, so roofs, wiring and heating systems are a common source of repair bills.
| Henry County | Kentucky | U.S. county median | |
|---|---|---|---|
| Median gross rent | $895/mo | $967/mo | $877/mo |
| Median home value | $197,900 | $205,600 | $185,300 |
| Owners | 76% | 68% | 75% |
| Rent-burdened renters | 58% | 45% | 45% |
| Burdened owners | 23% | 23% | n/a |
| Mobile homes | 10.2% | 10.7% | n/a |
Because most Henry County households own, home repairs are a frequent reason to borrow. An unsecured personal loan leaves the house out of the deal, while a HELOC uses it as collateral. Rent pressure is real here, so run any payment through the debt-to-income calculator before you apply.
Regional comparison for Henry County
Carroll County is closest, 15 miles from center to center; the sixth, Franklin County, is 20 miles off. Oldham County leads the group on income ($122,497), Carroll County trails ($56,466), and Henry County out-earns 2 of the six.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Henry County | - | $63,347 | $895/mo | 76% |
| Carroll County, KY | 15 mi | $56,466 | $910/mo | 66% |
| Owen County, KY | 15 mi | $61,134 | $830/mo | 88% |
| Shelby County, KY | 16 mi | $82,604 | $1,033/mo | 74% |
| Trimble County, KY | 17 mi | $66,027 | $863/mo | 80% |
| Oldham County, KY | 19 mi | $122,497 | $1,219/mo | 87% |
| Franklin County, KY | 20 mi | $65,298 | $967/mo | 64% |
The communities that make up Henry County
Here are the 5 most populous of the county's 5 Census places, with income and rent from the same 2020 to 2024 survey. About 38% of Henry County residents live in one of the 5. Incomes vary by place: $54,875 at the median in Campbellsburg, $41,734 in Eminence. Rent is cheapest in New Castle ($764) and steepest in Pleasureville ($1,598). This guide covers each of the 5 places and the rural areas around them.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Eminence | city | 2,724 | $41,734 | $836 | 7 mi |
| Pleasureville | city | 1,123 | $49,932 | $1,598 | 7 mi |
| New Castle | city | 1,052 | $43,203 | $764 | 3 mi |
| Campbellsburg | city | 1,016 | $54,875 | $917 | 7 mi |
| Smithfield | city | 153 | $49,375 | $957 | 9 mi |
Who lives in Henry County, in numbers
Degree holders: 16% of adults over 25. 6.0% of residents have no health coverage.
| Henry County | Kentucky | U.S. county median | |
|---|---|---|---|
| Median age | 41.0 | 39.1 | 41.5 |
| Bachelor's or higher | 15.5% | 27.6% | 22.2% |
| No high school diploma | 13.2% | 11.1% | n/a |
| No health insurance | 6.0% | 6.0% | 7.8% |
| No vehicle | 5.9% | 6.8% | 5.4% |
| Work from home | 8.7% | 10.2% | 8.7% |
| Poverty rate | 16.4% | 16.1% | 13.2% |
| Unemployment (ACS) | 5.0% | 4.9% | 4.4% |
| Travel time to work | Workers |
|---|---|
| Under 15 min | 22.1% |
| 15 to 29 min | 29.2% |
| 30 to 44 min | 25.7% |
| 45 to 59 min | 14.7% |
| 60+ min | 8.3% |
What the numbers mean for Henry County borrowers
Based on the Henry County data above, these borrowing questions are most likely to matter locally.
- Keeping the car running. At 23% with long commutes, repairs are a frequent Henry County emergency; first decide if the car is worth fixing.
- Rent squeeze. 58% of renters spend 30%+ of income on rent; borrow only if the loan cuts what you pay overall.
- Debt consolidation. One fixed payment can save money only if the written APR and fees beat what you pay now (guide).
What a median Henry County budget can carry
Henry County at the medians, through a lender's eyes (what DTI means):
- $5,279 a month: gross income for a household at the Henry County median
- Rent at the median, $895, takes 17% of that
- At 36%, room after rent is $1,005 a month
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
Who licenses lenders for Henry County residents
Consumer lenders serving Henry County are licensed by the state, not the county; in Kentucky that is the Kentucky Department of Financial Institutions. Banks and credit unions have their own regulators, and the CFPB takes complaints about any lender. Statewide data and rules: Kentucky guide.
Steps before you apply in Henry County
A short checklist for Henry County borrowers:
- Borrow the amount the job needs; extra cash adds interest.
- Collect three written offers and compare APR and total repaid.
- A Kentucky license check takes minutes; do it first.
- Keep a small cushion so one surprise bill does not mean another loan.
More guides for Henry County
For statewide rules and data, see the Kentucky guide.
Frequently asked questions
How much do households in Henry County earn?
The median is $63,347; 27% earn $100,000 or more and 28% under $35,000. A lender uses your own documented income, not this figure.
How much is rent in Henry County?
Median gross rent, utilities included, is $895 a month; 58% of renters spend 30% or more of income on it.
Which towns does the Henry County guide cover?
Every community in the county, unincorporated areas included. The largest of its 5 Census places: Eminence, Pleasureville, New Castle, Campbellsburg, Smithfield.
Does my county matter to the questionnaire?
Only your state does. Whether you live in Henry County or elsewhere in Kentucky, the same rules apply.
Who do I complain to about a lender in Henry County?
Start with the Kentucky Department of Financial Institutions, then the CFPB complaint portal. Keep copies of every message.