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Henry County Housing Market

Indiana · 92 counties · Ranked #967 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$140,200

vs national$140,200 vs $281,900 national

Median Gross Rent

$807/mo

vs national$807 vs $1,163 national

Effective Tax Rate

0.75%

vs national0.75% vs 1.02% national

Median Household Income

$60,144

vs national$60,144 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,050

Tax as % of Home Value

0.75%

Monthly Owner Cost

$799

Renter Income

$40,090

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Frequently Asked Questions

What is the median home value in Henry County?

The median home value in Henry County is $140,200. This is below the national median of $281,900.

How much is rent in Henry County?

The median gross rent in Henry County is $807 per month.

What is the property tax rate in Henry County?

The effective property tax rate in Henry County is 0.75%. The median annual property tax bill is $1,050.

Is Henry County affordable?

With a home-value-to-income ratio of 2.3x, Henry County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.