Henry County, Alabama: commercial real estate data.
Henry County, Alabama had an estimated 18,141 residents on July 1, 2024, up 5.8 percent since the 2020 census base of 17,141, across 562 square miles. County output reached $681.0 m in 2024, 311 establishments operate here, and the SBA record carries 2 7(a) approvals worth $2.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Henry County
How many people live in Henry County
- Population, American Community Survey 2020-202417,647
- Households7,062
- Average household size2.50
- Median household income$59,931
- Median age44.8
- Median gross rent$769 per month
- Median owner-occupied home value$161,000
- Home value to household income2.7 times
- Annual rent as a share of median income15.4 percent
- Adults 25 and over with a bachelor degree or higher21.8 percent
- Adults 25 and over with a graduate degree8.6 percent
- Adults 25 and over12,865
- Population under 183,602
- Share under 1820.4 percent
- Population 65 and over4,202
- Share 65 and over23.8 percent
- Working age population, 18 to 649,843
- Civilian labor force7,942
- Unemployment rate3.6 percent
- Labor force participation, adults 18 and over56.5 percent
- Rank by population among Alabama counties51st of 67
- Rank by population among US county-equivalents, Puerto Rico included2002nd of 3,222
Henry County is the 51st largest of 67 Alabama counties by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 23.8 percent against 20.4 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Henry County
Is Henry County's population growing?
- Population, July 1, 202418,141
- Census 2020 base population17,141
- Population change since the 2020 census base5.83 percent
- Population change, 2023 to 2024269
- Births, 2024170
- Deaths, 2024249
- Natural change, 2024-79
- Net domestic migration, 2024352
- Net international migration, 20240
- Total net migration, 2024352
- Cumulative net domestic migration, 2021 to 20241,347
- Rank by growth among US county-equivalents431st of 3,144
The county has grown 5.83 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Henry County
Where are people moving to Henry County from?
- Tax returns filed by households arriving535
- People arriving, from those returns1,085
- Tax returns filed by households leaving451
- Net household movement84
- Adjusted gross income arriving$32.8 m
- Net adjusted gross income movement$13.4 m
- Average income of an arriving household$61,400
- Average income of a leaving household$43,020
- Largest single originHouston County (225 households)
- Largest single destinationHouston County (180 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Houston County | 225 | 455 | $13.4 m |
| Dale County | 43 | 92 | $2.8 m |
| Barbour County | 35 | 79 | $2.8 m |
Households arriving report $18,380 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Houston County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Henry County
What is the Henry County economy?
- County GDP, 2024$681.0 m
- County GDP, 2023$638.4 m
- GDP change, 2023 to 20246.7 percent
- GDP change over five years42.9 percent
- Rank by GDP among the Alabama areas BEA publishes51st of 67
- Rank by GDP among the US county areas BEA publishes2172nd of 3,127
- GDP per resident$38,593
Output grew 6.7 percent in the latest year and 42.9 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Henry County
Employment by industry in Henry County
- Covered employment, annual average3,919
- Establishments reporting420
- Average annual pay$56,425
- Average weekly wage$1,085
- Manufacturing, employment515
- Manufacturing, average annual pay$72,419
- Transportation and warehousing, employment351
- Transportation and warehousing, average annual pay$67,168
- Retail trade, employment310
- Retail trade, average annual pay$34,129
- Accommodation and food services, employment300
- Accommodation and food services, average annual pay$18,984
- Agriculture, forestry, fishing and hunting, employment265
- Professional, scientific and technical services, employment262
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 515 | 16 | $72,419 |
| Transportation and warehousing | 351 | 24 | $67,168 |
| Retail trade | 310 | 47 | $34,129 |
| Accommodation and food services | 300 | 28 | $18,984 |
| Agriculture, forestry, fishing and hunting | 265 | 25 | $48,033 |
| Professional, scientific and technical services | 262 | 36 | $64,200 |
| Construction | 226 | 31 | $67,239 |
| Finance and insurance | 112 | 28 | $61,385 |
Manufacturing is the largest private sector at 515 jobs, 13.1 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Henry County
How many businesses are in Henry County?
- Establishments, all industries311
- Employment at those establishments4,087
- Annual payroll$316.4 m
- Establishments per 1,000 residents17.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Henry County
Building permits in Henry County
- Housing units authorized by permit, 202472
- Declared construction value permitted$14.3 m
- Single family units authorized70
- Multifamily units authorized2
- Multifamily share of units2.8 percent
- Average declared value per unit$198,049
- Units authorized per 1,000 households10.2
Single-family homes are 97.2 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Henry County
SBA loans in Henry County (7(a) and 504)
- 7(a) approvals recorded2
- 7(a) gross approval dollars$2.3 m
- Average 7(a) approval$1,140,000
- Median 7(a) approval$1,140,000
- Largest single approval$1,430,000
- Jobs reported supported, 7(a)8
- Jobs per approval4.0
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals2
- Median 7(a) term210 months
- Share of loans on real estate terms, 240 months or longer50.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter1
- Franchise loans1
- Franchise share of approvals50.0 percent
- 504 approvals recorded3
- 504 gross approval dollars$396,000
- Average 504 approval$132,000
- Median 504 approval$142,000
- Distinct CDCs active2
- 504 jobs per approval2.0
- 504 jobs per million dollars approved15.2
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.7 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Henry County
SBA loan default and charge-off rates in Henry County
Do SBA loans in Henry County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure2
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Henry County
SBA lending by place in Henry County
- Borrower cities with recorded lending2
- Columbia, approvals1
- Abbeville, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Columbia | 1 | $1,430,000 |
| Abbeville | 1 | $850,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Henry County
How large is Henry County?
- Land area562 sq mi
- Rank by land area among Alabama counties62nd of 67
- Width, east to west22.2 mi
- Height, north to south31.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land31
- Establishments per square mile0.55
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Henry County
Flood risk in Henry County
- Participation of the county's own NFIP community Henry County, unincorporated areasParticipating, community 010261
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP4
- NFIP participation rate80.0 percent
- Communities carrying a CRS class0
- Radon levels in Henry County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Henry County (community 010261), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Henry County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 80.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Henry County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Henry County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202417,647
- Households7,062
- Average household size2.50
- Median household income$59,931
- Median age44.8
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Alabama?
The Census Bureau estimates 18,141 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 17,647, in 7,062 households, ranking 51st of 67 Alabama counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Henry County's population growing?
The population has grown 5.83 percent since the 2020 census base of 17,141, to 18,141 on July 1, 2024. In 2024 there were 170 births against 249 deaths, with net migration of 352. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$59,931. The median owner-occupied home is valued at $161,000, which is 2.7 times income, and median gross rent is $769 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Henry County?
311 establishments, employing 4,087 people with an annual payroll of $316.4 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Henry County?
Manufacturing is the largest private sector at 515 jobs, 13.1 percent of covered employment. Covered employment averages 3,919 jobs at an average annual pay of $56,425, or $1,085 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Henry County?
2 7(a) approvals totaling $2.3 m since FY2020, across 2 lenders, with a median approval of $1,140,000, plus 3 504 approvals worth $396,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Henry County?
72 housing units were authorized by permit in 2024, with a declared construction value of $14.3 m. Multifamily was 2.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Henry County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Henry County come from?
The largest single origin is Houston County, with 225 households. Arriving households report an average income of $61,400 against $43,020 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Henry County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Henry County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Henry County
Cities and places in Henry.
4 Census places lie wholly or partly in Henry County. All 4 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Headland | city | 5,217 | None recorded | Wholly in this county |
| Abbeville | city | 2,748 | 1 | Wholly in this county |
| Newville | town | 515 | None recorded | Wholly in this county |
| Haleburg | town | 211 | None recorded | Wholly in this county |
A further 1 of the county's 2 SBA 7(a) approvals are to borrowers in cities that match no Census place in Henry County, the largest being Columbia (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby