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Henry County Housing Market

Tennessee · 95 counties · Ranked #1058 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$145,200

vs national$145,200 vs $281,900 national

Median Gross Rent

$741/mo

vs national$741 vs $1,163 national

Effective Tax Rate

0.48%

vs national0.48% vs 1.02% national

Median Household Income

$48,540

vs national$48,540 vs $74,755 national

Affordability Ratio

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

Rent Burden

24.0%

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

More Housing Data

Property Tax (Median)

$700

Tax as % of Home Value

0.48%

Monthly Owner Cost

$606

Renter Income

$31,451

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Henry County?

The median home value in Henry County is $145,200. This is below the national median of $281,900.

How much is rent in Henry County?

The median gross rent in Henry County is $741 per month.

What is the property tax rate in Henry County?

The effective property tax rate in Henry County is 0.48%. The median annual property tax bill is $700.

Is Henry County affordable?

With a home-value-to-income ratio of 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.