Henry County, Illinois 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.
-
B
Henry County Around averageWealthier than 73% of counties in Illinois
Source: Map AI Methodology
Income Statistics Overview
| Metric | Henry County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,913 | $84,042 | $80,455 |
| Median Personal Income | $57,440 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.4% | 4.5% | 4.8% |
| Six-Figure Earners | 10.3% | 15.0% | 13.9% |
| $200k+ Households | 7.2% | 13.8% | 13.2% |
The median household income in Henry County is about 14% lower than in Illinois. Income has been growing slower in Henry County (3.4%/yr) than in Illinois (4.5%/yr).
About 10% of adults in Henry County earn six figures ($100,000 or more) a year, lower than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Henry County, Illinois grew by 48.0% from 2009 to 2024, reaching $71,913 in 2024. That's an average of about 3.4% per year.
Henry County has stayed below the U.S. median household income from 2009 to 2024 and has never reached it. It came closest in 2013, when the two were level. The gap has widened from 5.0% in 2009 to 11% in 2024.
Income Distribution in Henry County
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 7,012 households (34.6% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 20.1% of households in Henry County had an income under $35,000 and 17.3% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Henry County has a larger share of households earning $50,000 to $74,999 (19.0% vs 15.5%) and a smaller share earning $200,000 or more (7.2% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 747 | 3.7% | 5.1% |
| $10,000 to $14,999 | 709 | 3.5% | 3.5% |
| $15,000 to $24,999 | 1,293 | 6.4% | 6.4% |
| $25,000 to $34,999 | 1,329 | 6.6% | 6.7% |
| $35,000 to $49,999 | 2,676 | 13.2% | 10.1% |
| $50,000 to $74,999 | 3,860 | 19.0% | 15.5% |
| $75,000 to $99,999 | 2,645 | 13.0% | 12.6% |
| $100,000 to $149,999 | 3,496 | 17.2% | 17.4% |
| $150,000 to $199,999 | 2,065 | 10.2% | 9.5% |
| $200,000 or more | 1,452 | 7.2% | 13.2% |
Shares are of all 20,271 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 4,151 residents (10.3% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 11.5% of residents who have any income.
In 2024, 10.0% of Henry County residents aged 15 and over reported no personal income, 29.8% had some income but less than $25,000, and 19.5% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Henry County has a larger share of residents earning $35,000 to $49,999 (14.6% vs 12.6%) and a smaller share earning $100,000 or more (10.3% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 4,023 | 10.0% | 12.8% |
| $1 to $9,999 | 4,219 | 10.5% | 11.2% |
| $10,000 to $14,999 | 2,857 | 7.1% | 7.0% |
| $15,000 to $24,999 | 4,922 | 12.2% | 10.5% |
| $25,000 to $34,999 | 4,028 | 10.0% | 9.5% |
| $35,000 to $49,999 | 5,875 | 14.6% | 12.6% |
| $50,000 to $74,999 | 6,450 | 16.0% | 14.3% |
| $75,000 to $99,999 | 3,671 | 9.1% | 8.2% |
| $100,000 or more | 4,151 | 10.3% | 13.9% |
Shares are of the 40,194 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 10.0% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Henry County
| Metric | Henry County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.517 | 0.547 | 0.552 |
| Male Median Income | $70,252 | $73,933 | $69,667 |
| Female Median Income | $50,194 | $60,067 | $56,850 |
| Gender Pay Gap | 28.6% | 18.8% | 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 0.517, lower than Illinois's 0.547, so income is more 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 40% more than women's income in Henry County, Illinois. Over a 35-year career, a 40% wage gap accumulates to roughly $702,030 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, Illinois has narrowed from about 31% to 29% in 2024. Over that period the gap was widest at 35% in 2016. In dollar terms, the gap has widened by $6,146 since 2009.
Employment
| Metric | Henry County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 5.8% | 5.2% |
| Working from Home | 8.7% | 15.9% | 15.0% |
| Commute time (minutes) | 20 | 23 | 22 |
Approximately 1,179 people are unemployed in Henry County, Illinois.
The average commute time in Henry County is 20 minutes, shorter than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Henry County, Illinois has fallen from 5.9% to 4.8% in 2024. Over that period the rate fell as low as 4.0% in 2023.
Henry County has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. The gap has narrowed from 2.8 points in 2011 to 0.4 points in 2024, the closest it has been.
Henry County, IL Wealth Compared With Nearby Counties
Henry County, IL is typical in size for this group, 48,639 residents against a local median of 54,941, so the measures below are close to a like for like comparison. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Henry County, IL an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is income growth, 13% below the local median at 3.4%/yr against 3.9%/yr. Henry County, IL has the 5th highest income growth 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, IL | 48,639 | $71,913 #2/6 | 3.4%/yr #5/6 | 4.8% #4/6 | 0.517 #3/6 |
| Stark County, IL | 5,307 | $64,462 | 2.6%/yr | 2.3% | 0.517 |
| Knox County, IL | 49,044 | $57,634 | 4.5%/yr | 5.1% | 0.538 |
| Rock Island County, IL | 142,693 | $67,544 | 3.8%/yr | 5.6% | 0.524 |
| Whiteside County, IL | 54,941 | $67,250 | 3.9%/yr | 4.3% | 0.501 |
| Scott County, IA | 174,608 | $78,775 | 4.2%/yr | 3.6% | 0.522 |
Conclusion
Considering all these factors, Henry County, Illinois has an overall wealth index grade of B, making it about on par with Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Henry County, Illinois.
How Rich Is Henry County, Illinois?
Henry County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $71,913, about 14% lower than the Illinois average of $84,042.
How has median household income changed in Henry County, Illinois?
Between 2009 and 2024, the median household income in Henry County, Illinois rose 48%, from $48,590 to $71,913. Over the same years, income here lagged behind Illinois as a whole: +48% against +52%.
What was the median household income in Henry County in 2023?
In 2023, the median household income in Henry County, Illinois was $70,373, up 5% from $67,202 in 2022. The Illinois median that year was $82,182.
What was the median household income in Henry County in 2020?
In 2020, the median household income in Henry County, Illinois was $59,997. By 2024 it had risen 20% to $71,913.
What is the Gini coefficient in Henry County, Illinois?
The Gini coefficient in Henry County is 0.517. 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, Illinois?
Since 2009, the income gap between men and women in Henry County, Illinois has narrowed from about 31% to 29% in 2024. Over that period the gap was widest at 35% in 2016. In dollar terms, the gap has widened by $6,146 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →