Henry County, Missouri 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 average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Henry County | Missouri Avg | US Average |
|---|---|---|---|
| Median Household Income | $57,861 | $70,801 | $80,455 |
| Median Personal Income | $44,851 | $54,686 | $60,758 |
| Average Yearly Income Growth | 4.0% | 4.6% | 4.8% |
| Six-Figure Earners | 5.5% | 10.5% | 13.9% |
| $200k+ Households | 3.2% | 8.7% | 13.2% |
The median household income in Henry County is about 18% lower than in Missouri. Income has been growing slower in Henry County (4.0%/yr) than in Missouri (4.6%/yr).
About 5% of adults in Henry County earn six figures ($100,000 or more) a year, lower than the Missouri average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Henry County, Missouri grew by 60.6% from 2009 to 2024, reaching $57,861 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 | Missouri Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.501 | 0.532 | 0.552 |
| Male Median Income | $55,527 | $64,288 | $69,667 |
| Female Median Income | $42,406 | $51,060 | $56,850 |
| Gender Pay Gap | 23.6% | 20.6% | 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 0.501, lower than Missouri's 0.532, 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 31% more than women's income in Henry County, Missouri. Over a 35-year career, a 31% wage gap accumulates to roughly $459,235 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, Missouri has widened from about 23% to 24% in 2024. Over that period the gap was widest at 30% in 2020, and was narrowest at 18% in 2011. In dollar terms, the gap has widened by $5,005 since 2009.
Sharply against the trend: the pay gap in Henry County widened by 1.0 points while Missouri's narrowed by 4.5 points.
Employment
| Metric | Henry County | Missouri Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 4.0% | 5.2% |
| Working from Home | 7.6% | 13.0% | 15.0% |
| Commute time (minutes) | 15 | 20 | 22 |
Approximately 439 people are unemployed in Henry County, Missouri.
The average commute time in Henry County is 15 minutes, shorter than the 20 minutes in Missouri.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Henry County, Missouri has fallen from 8.3% to 4.4% in 2024. Over that period the rate peaked at 8.5% in 2013.
Henry County, MO Wealth Compared With Nearby Counties
Henry County, MO is typical in size for this group, 22,328 residents against a local median of 20,151, so the measures below are close to a like for like comparison. Where Henry County, MO breaks from the counties next to it is income growth, sitting 23% below the local median of 5.2%/yr at 4.0%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 1.9%/yr on income growth, so Henry County, MO sits at one end of an already wide local range rather than apart from it. Henry County, MO has the 6th 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, MO | 22,328 | $57,861 #4/6 | 4.0%/yr #6/6 | 4.4% #5/6 | 0.501 #1/6 |
| St. Clair County, MO | 9,587 | $52,864 | 5.9%/yr | 3.3% | 0.506 |
| Johnson County, MO | 54,730 | $67,212 | 4.1%/yr | 4.2% | 0.522 |
| Benton County, MO | 20,151 | $52,808 | 6.0%/yr | 3.8% | 0.532 |
| Bates County, MO | 16,186 | $60,821 | 5.0%/yr | 5.9% | 0.519 |
| Pettis County, MO | 43,397 | $60,475 | 5.2%/yr | 3.8% | 0.534 |
Conclusion
Considering all these factors, Henry County, Missouri has an overall wealth index grade of C, making it about on par with Missouri, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Henry County, Missouri.
How Rich Is Henry County, Missouri?
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 $57,861, about 18% lower than the Missouri average of $70,801.
Are incomes growing in Henry County, Missouri?
Between 2009 and 2024, the median household income in Henry County, Missouri rose 61%, from $36,021 to $57,861. Over the same years, income here outpaced Missouri as a whole: +61% against +54%.
What was the median household income in Henry County in 2023?
In 2023, the median household income in Henry County, Missouri was $57,046, up 4% from $54,969 in 2022. The Missouri median that year was $69,047.
What was the median household income in Henry County in 2020?
In 2020, the median household income in Henry County, Missouri was $47,436. By 2024 it had risen 22% to $57,861.
What is the Gini coefficient in Henry County, Missouri?
The Gini coefficient in Henry County is 0.501. 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, Missouri?
Since 2009, the income gap between men and women in Henry County, Missouri has widened from about 23% to 24% in 2024. Over that period the gap was widest at 30% in 2020, and was narrowest at 18% in 2011. In dollar terms, the gap has widened by $5,005 since 2009.
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