Henry County, Iowa Income Statistics
Henry County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Henry County Below averageLess wealthy than 92% of counties in Iowa
Source: Map AI Methodology
Income Statistics Overview
| Metric | Henry County | Iowa Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,907 | $75,133 | $80,455 |
| Median Personal Income | $48,919 | $57,332 | $60,758 |
| Average Yearly Income Growth | 4.0% | 4.0% | 4.8% |
| Six-Figure Earners | 7.1% | 10.5% | 13.9% |
| $200k+ Households | 6.7% | 8.6% | 13.2% |
The median household income in Henry County is about 10% lower than in Iowa. Income has been growing faster in Henry County (4.0%/yr) than in Iowa (4.0%/yr).
About 7% of adults in Henry County earn six figures ($100,000 or more) a year, lower than the Iowa average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Henry County, Iowa grew by 61.4% from 2009 to 2024, reaching $67,907 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Henry County
| Metric | Henry County | Iowa Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.538 | 0.510 | 0.552 |
| Male Median Income | $58,511 | $66,524 | $69,667 |
| Female Median Income | $45,500 | $52,524 | $56,850 |
| Gender Pay Gap | 22.2% | 21.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Henry County, it is 0.538, higher than Iowa's 0.510, so income is less evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 29% more than women's income in Henry County, Iowa. Over a 35-year career, a 29% wage gap accumulates to roughly $455,385 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Henry County, Iowa has narrowed from about 28% to 22% in 2024. Over that period the gap was widest at 30% in 2011, and was narrowest at 17% in 2023. In dollar terms, the gap has widened by $1,968 since 2009.
Employment
| Metric | Henry County | Iowa Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.5% | 3.6% | 5.2% |
| Working from Home | 7.0% | 11.3% | 15.0% |
| Commute time (minutes) | 13 | 16 | 22 |
Approximately 142 people are unemployed in Henry County, Iowa.
The average commute time in Henry County is 13 minutes, shorter than the 16 minutes in Iowa.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Henry County, Iowa has fallen from 6.6% to 1.5% in 2024. Over that period the rate peaked at 7.1% in 2013.
Henry County, IA Wealth Compared With Nearby Counties
Henry County, IA is typical in size for this group, 20,002 residents against a local median of 22,560, so the measures below are close to a like for like comparison. Henry County, IA's unemployment, at 1.5%, runs 52% below the 3.1% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 5.7% on unemployment, so Henry County, IA sits at one end of an already wide local range rather than apart from it. Henry County, IA has the lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Henry County, IA | 20,002 | $67,907 #3/6 | 4.0%/yr #4/6 | 1.5% #1/6 | 0.538 #5/6 |
| Lee County, IA | 32,893 | $62,330 | 4.3%/yr | 4.4% | 0.519 |
| Louisa County, IA | 10,678 | $77,267 | 5.1%/yr | 3.0% | 0.496 |
| Des Moines County, IA | 38,487 | $63,600 | 4.6%/yr | 3.1% | 0.499 |
| Washington County, IA | 22,560 | $76,076 | 3.8%/yr | 2.2% | 0.499 |
| Jefferson County, IA | 15,705 | $60,987 | 3.9%/yr | 8.0% | 0.539 |
Conclusion
Considering all these factors, Henry County, Iowa has an overall wealth index grade of C, making it somewhat worse than Iowa, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Henry County, Iowa.
How Rich Is Henry County, Iowa?
Henry County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,907, about 10% lower than the Iowa average of $75,133.
How has median household income changed in Henry County, Iowa?
Between 2009 and 2024, the median household income in Henry County, Iowa rose 61%, from $42,082 to $67,907. Over the same years, income here outpaced Iowa as a whole: +61% against +56%.
What was the median household income in Henry County in 2023?
In 2023, the median household income in Henry County, Iowa was $65,524, up 4% from $63,091 in 2022. The Iowa median that year was $73,347.
What was the median household income in Henry County in 2020?
In 2020, the median household income in Henry County, Iowa was $55,756. By 2024 it had risen 22% to $67,907.
How strong is the job market in Henry County, Iowa?
Unemployment in Henry County, Iowa is only 1.5%, well below the Iowa rate of 3.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Henry County, Iowa?
The Gini coefficient in Henry County is 0.538. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Henry County, Iowa?
Since 2009, the income gap between men and women in Henry County, Iowa has narrowed from about 28% to 22% in 2024. Over that period the gap was widest at 30% in 2011, and was narrowest at 17% in 2023. In dollar terms, the gap has widened by $1,968 since 2009.
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