Henderson County, Kentucky Income Statistics
Henderson 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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D
Henderson County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Henderson County | Kentucky Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,734 | $64,312 | $80,455 |
| Median Personal Income | $48,222 | $52,849 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.6% | 4.8% |
| Six-Figure Earners | 8.1% | 8.9% | 13.9% |
| $200k+ Households | 4.5% | 7.2% | 13.2% |
The median household income in Henderson County is about 9% lower than in Kentucky. Income has been growing slower in Henderson County (4.2%/yr) than in Kentucky (4.6%/yr).
About 8% of adults in Henderson County earn six figures ($100,000 or more) a year, lower than the Kentucky average of 9%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Henderson County, Kentucky grew by 41.4% from 2009 to 2024, reaching $58,734 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Henderson County
| Metric | Henderson County | Kentucky Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.547 | 0.552 |
| Male Median Income | $57,950 | $60,966 | $69,667 |
| Female Median Income | $45,712 | $49,119 | $56,850 |
| Gender Pay Gap | 21.1% | 19.4% | 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 Henderson County, it is 0.532, lower than Kentucky'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 27% more than women's income in Henderson County, Kentucky. Over a 35-year career, a 27% wage gap accumulates to roughly $428,330 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Henderson County, Kentucky has narrowed from about 27% to 21% in 2024. Over that period the gap was widest at 30% in 2013, and was narrowest at 14% in 2022. In dollar terms, the gap has widened by $648 since 2009.
Employment
| Metric | Henderson County | Kentucky Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 4.8% | 5.2% |
| Working from Home | 5.2% | 10.2% | 15.0% |
| Commute time (minutes) | 18 | 20 | 22 |
Approximately 501 people are unemployed in Henderson County, Kentucky.
The average commute time in Henderson County is 18 minutes, shorter than the 20 minutes in Kentucky.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Henderson County, Kentucky has fallen from 9.0% to 2.5% in 2024. Over that period the rate peaked at 10.1% in 2013.
Henderson County, KY Wealth Compared With Nearby Counties
Henderson County, KY is the 2nd largest of the 6 counties compared here, 44,257 residents against a local median of 13,258. Henderson County, KY's unemployment, at 2.5%, runs 40% below the 4.1% typical of the counties around it. That is the better end of the local range on this measure.
The counties themselves spread 3.8% on unemployment, so Henderson County, KY sits at one end of an already wide local range rather than apart from it. Henderson County, KY has the 2nd 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. |
|---|---|---|---|---|---|
| Henderson County, KY | 44,257 | $58,734 #6/6 | 4.2%/yr #5/6 | 2.5% #2/6 | 0.532 #3/6 |
| Vanderburgh County, IN | 180,116 | $61,861 | 4.5%/yr | 4.2% | 0.511 |
| Webster County, KY | 12,842 | $59,485 | 5.7%/yr | 4.1% | 0.557 |
| Posey County, IN | 25,116 | $80,859 | 3.8%/yr | 1.8% | 0.515 |
| Union County, KY | 13,258 | $60,386 | 4.8%/yr | 2.7% | 0.546 |
| McLean County, KY | 9,114 | $67,096 | 5.7%/yr | 5.6% | 0.544 |
Conclusion
Considering all these factors, Henderson County, Kentucky has an overall wealth index grade of D, making it about on par with Kentucky, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Henderson County, Kentucky.
How Rich Is Henderson County, Kentucky?
Henderson County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,734, about 9% lower than the Kentucky average of $64,312.
How fast is household income rising in Henderson County, Kentucky?
Between 2009 and 2024, the median household income in Henderson County, Kentucky rose 41%, from $41,544 to $58,734. Over the same years, income here lagged behind Kentucky as a whole: +41% against +56%.
What was the median household income in Henderson County in 2023?
In 2023, the median household income in Henderson County, Kentucky was $57,779, up 4% from $55,799 in 2022. The Kentucky median that year was $62,783.
What was the median household income in Henderson County in 2020?
In 2020, the median household income in Henderson County, Kentucky was $50,718. By 2024 it had risen 16% to $58,734.
Is unemployment high in Henderson County, Kentucky?
Unemployment in Henderson County, Kentucky is only 2.5%, well below the Kentucky rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Henderson County, Kentucky?
The Gini coefficient in Henderson County is 0.532. 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 Henderson County, Kentucky?
Since 2009, the income gap between men and women in Henderson County, Kentucky has narrowed from about 27% to 21% in 2024. Over that period the gap was widest at 30% in 2013, and was narrowest at 14% in 2022. In dollar terms, the gap has widened by $648 since 2009.
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