Henderson County, Tennessee 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 | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $54,509 | $69,901 | $80,455 |
| Median Personal Income | $45,691 | $53,263 | $60,758 |
| Average Yearly Income Growth | 3.4% | 5.2% | 4.8% |
| Six-Figure Earners | 5.3% | 10.4% | 13.9% |
| $200k+ Households | 4.1% | 9.0% | 13.2% |
The median household income in Henderson County is about 22% lower than in Tennessee. Income has been growing slower in Henderson County (3.4%/yr) than in Tennessee (5.2%/yr).
About 5% of adults in Henderson County earn six figures ($100,000 or more) a year, lower than the Tennessee average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Henderson County, Tennessee grew by 38.9% from 2009 to 2024, reaching $54,509 in 2024. That's an average of about 3.4% per year.
Income Inequality and the Gender Pay Gap in Henderson County
| Metric | Henderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.539 | 0.542 | 0.552 |
| Male Median Income | $58,791 | $61,993 | $69,667 |
| Female Median Income | $41,772 | $50,108 | $56,850 |
| Gender Pay Gap | 28.9% | 19.2% | 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 0.539, about the same as Tennessee's 0.542, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 41% more than women's income in Henderson County, Tennessee. Over a 35-year career, a 41% wage gap accumulates to roughly $595,665 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, Tennessee has widened from about 19% to 29% in 2024. Over that period the gap was narrowest at 15% in 2013. In dollar terms, the gap has widened by $9,823 since 2009.
Sharply against the trend: the pay gap in Henderson County widened by 9.6 points while Tennessee's narrowed by 3.7 points.
Employment
| Metric | Henderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 4.6% | 5.2% |
| Working from Home | 9.8% | 12.9% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 730 people are unemployed in Henderson County, Tennessee.
The average commute time in Henderson County is 23 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Henderson County, Tennessee has fallen from 11.1% to 6.1% in 2024. Over that period the rate peaked at 12.1% in 2013 and fell as low as 5.4% in 2022.
Henderson County, TN Wealth Compared With Nearby Counties
Henderson County, TN is typical in size for this group, 27,980 residents against a local median of 27,249, so the measures below are close to a like for like comparison. Henderson County, TN's unemployment, at 6.1%, runs 29% above the 4.7% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 3.0% on unemployment, so Henderson County, TN sits at one end of an already wide local range rather than apart from it. Henderson County, TN has the 4th 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, TN | 27,980 | $54,509 #3/6 | 3.4%/yr #5/6 | 6.1% #4/6 | 0.539 #2/6 |
| Decatur County, TN | 11,579 | $45,279 | 2.4%/yr | 7.2% | 0.545 |
| Chester County, TN | 17,611 | $59,120 | 4.0%/yr | 4.1% | 0.554 |
| Carroll County, TN | 28,641 | $52,371 | 4.8%/yr | 4.5% | 0.541 |
| Madison County, TN | 99,295 | $60,051 | 3.9%/yr | 7.0% | 0.539 |
| Hardin County, TN | 27,249 | $49,937 | 3.6%/yr | 4.7% | 0.557 |
Conclusion
Considering all these factors, Henderson County, Tennessee has an overall wealth index grade of D, making it somewhat worse than Tennessee, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Henderson County, Tennessee.
How Rich Is Henderson County, Tennessee?
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 $54,509, about 22% lower than the Tennessee average of $69,901.
How has median household income changed in Henderson County, Tennessee?
Between 2009 and 2024, the median household income in Henderson County, Tennessee rose 39%, from $39,254 to $54,509. Over the same years, income here lagged behind Tennessee as a whole: +39% against +63%.
What was the median household income in Henderson County in 2023?
In 2023, the median household income in Henderson County, Tennessee was $52,832, up 2% from $51,666 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Henderson County in 2020?
In 2020, the median household income in Henderson County, Tennessee was $44,581. By 2024 it had risen 22% to $54,509.
How strong is the job market in Henderson County, Tennessee?
Unemployment in Henderson County, Tennessee is 6.1%, well above the Tennessee rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Henderson County, Tennessee?
The Gini coefficient in Henderson County is 0.539. 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, Tennessee?
Since 2009, the income gap between men and women in Henderson County, Tennessee has widened from about 19% to 29% in 2024. Over that period the gap was narrowest at 15% in 2013. In dollar terms, the gap has widened by $9,823 since 2009.
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