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Cost of Living in Henry County, OH

Population 27,567 · Census ACS 2020–2024 5-year estimates

Median rent$849
Median home value$168,600
Median household income$80,099

The median rent in Henry County, OH is $849/month, 18% lower than the Ohio median and 40% lower than the U.S. median. The median home value is $168,600, 49% lower than the national median. Households earn a median of $80,099 a year, 12% higher than the state median.

Affordability

Rent as a share of median income: 12.7%
Income needed for median rent (30% rule): $33,960/yr
Home price-to-income ratio: 2.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $853/mo

Run your own numbers: mortgage calculator · hourly to salary

Henry County vs. Ohio vs. U.S.

Henry CountyOhioU.S.
Median rent$849$1,034$1,413
Median home value$168,600$214,800$332,700
Median household income$80,099$71,389$80,734
Homeownership rate82.5%67.2%65.2%
Bachelor's degree or higher19.5%31.5%35.7%
Poverty rate8.7%13.3%12.5%
Unemployment rate3.9%4.8%5.2%
Work from home5.8%13.0%15.1%
Median age41.639.738.9

FAQ

What is the average rent in Henry County, OH?

The median gross rent in Henry County, OH is $849 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Henry County, OH?

Using the common 30% rule, renting a median-priced home takes about $33,960 a year in gross income.

Is Henry County, OH expensive to live in?

Rent there is 40% lower than the U.S. median, and the median home costs about 2.1 times the median household income.

Other counties in Ohio

Franklin County, OHRent $1,302 · Income $75,176Cuyahoga County, OHRent $1,060 · Income $64,468Hamilton County, OHRent $1,075 · Income $72,470Summit County, OHRent $1,026 · Income $71,622Montgomery County, OHRent $1,026 · Income $66,139Lucas County, OHRent $934 · Income $62,224

Counties with a similar cost of living

Jersey County, ILRent $846 · Income $80,361Harrison County, IARent $849 · Income $79,535Carbon County, MTRent $844 · Income $80,261Buchanan County, IARent $848 · Income $78,236Winneshiek County, IARent $861 · Income $79,066Jefferson County, KSRent $835 · Income $81,278

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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