Henry County, Georgia: commercial real estate data.
Henry County, Georgia had an estimated 259,315 residents on July 1, 2024, up 7.7 percent since the 2020 census base of 240,705, across 322 square miles. County output reached $11.85 bn in 2024, 4,528 establishments operate here, and the SBA record carries 290 7(a) approvals worth $199.1 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 2020-2024249,960
- Households86,704
- Average household size2.88
- Median household income$83,146
- Median age37.1
- Median gross rent$1,674 per month
- Median owner-occupied home value$313,900
- Home value to household income3.8 times
- Annual rent as a share of median income24.2 percent
- Adults 25 and over with a bachelor degree or higher29.5 percent
- Adults 25 and over with a graduate degree10.6 percent
- Adults 25 and over163,743
- Population under 1862,617
- Share under 1825.1 percent
- Population 65 and over31,217
- Share 65 and over12.5 percent
- Working age population, 18 to 64156,126
- Civilian labor force131,795
- Unemployment rate6.2 percent
- Labor force participation, adults 18 and over70.3 percent
- Rank by population among Georgia counties9th of 159
- Rank by population among US county-equivalents, Puerto Rico included289th of 3,222
Henry County is the 9th largest of 159 Georgia counties by population. A median home costs 3.8 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 25.1 percent against 12.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Henry County
Is Henry County's population growing?
- Population, July 1, 2024259,315
- Census 2020 base population240,705
- Population change since the 2020 census base7.73 percent
- Population change, 2023 to 20244,381
- Births, 20242,920
- Deaths, 20241,991
- Natural change, 2024929
- Net domestic migration, 20242,889
- Net international migration, 2024607
- Total net migration, 20243,496
- Cumulative net domestic migration, 2021 to 202413,224
- Rank by growth among US county-equivalents261st of 3,144
The county has grown 7.73 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
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 arriving11,177
- People arriving, from those returns21,728
- Tax returns filed by households leaving9,816
- Net household movement1,361
- Adjusted gross income arriving$561.9 m
- Net adjusted gross income movement$-6.2 m
- Average income of an arriving household$50,269
- Average income of a leaving household$57,870
- Largest single originClayton County (2,248 households)
- Largest single destinationClayton County (1,367 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Clayton County | 2,248 | 4,665 | $93.1 m |
| DeKalb County | 1,114 | 2,133 | $50.4 m |
| Fulton County | 966 | 1,781 | $46.5 m |
| Gwinnett County | 398 | 779 | $19.8 m |
| Cobb County | 317 | 545 | $15.7 m |
| Spalding County | 310 | 649 | $12.8 m |
| Newton County | 261 | 544 | $13.1 m |
| Rockdale County | 236 | 472 | $11.7 m |
Households arriving report $7,601 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Clayton 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$11.85 bn
- County GDP, 2023$10.92 bn
- GDP change, 2023 to 20248.5 percent
- GDP change over five years60.3 percent
- Rank by GDP among the Georgia areas BEA publishes12th of 159
- Rank by GDP among the US county areas BEA publishes389th of 3,127
- GDP per resident$47,413
Output grew 8.5 percent in the latest year and 60.3 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 average76,873
- Establishments reporting5,514
- Average annual pay$52,361
- Average weekly wage$1,007
- Retail trade, employment11,768
- Retail trade, average annual pay$35,536
- Health care and social assistance, employment9,877
- Health care and social assistance, average annual pay$61,803
- Accommodation and food services, employment9,756
- Accommodation and food services, average annual pay$21,673
- Transportation and warehousing, employment8,780
- Transportation and warehousing, average annual pay$54,192
- Administrative and support and waste management services, employment4,831
- Manufacturing, employment3,893
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 11,768 | 692 | $35,536 |
| Health care and social assistance | 9,877 | 685 | $61,803 |
| Accommodation and food services | 9,756 | 570 | $21,673 |
| Transportation and warehousing | 8,780 | 339 | $54,192 |
| Administrative and support and waste management services | 4,831 | 430 | $41,470 |
| Manufacturing | 3,893 | 121 | $69,925 |
| Finance and insurance | 3,775 | 248 | $68,809 |
| Construction | 2,181 | 437 | $75,178 |
Retail trade is the largest private sector at 11,768 jobs, 15.3 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 industries4,528
- Employment at those establishments65,403
- Annual payroll$2.85 bn
- Establishments per 1,000 residents18.1
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, 20241,887
- Declared construction value permitted$493.2 m
- Single family units authorized1,887
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$261,374
- Units authorized per 1,000 households21.8
Single-family homes are 100.0 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 recorded290
- 7(a) gross approval dollars$199.1 m
- Average 7(a) approval$686,582
- Median 7(a) approval$260,500
- 10th percentile approval$39,000
- 90th percentile approval$2,048,600
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)3,269
- Jobs per approval11.3
- Distinct 7(a) lenders active75
- Distinct industries receiving approvals120
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer25.2 percent
- Loans on real estate terms73
- Loans on working capital terms, 120 months or shorter189
- Franchise loans67
- Franchise share of approvals23.1 percent
- Leading industry by approval countFull-Service Restaurants (22)
- Most active lenderRenasant Bank (22)
- 504 approvals recorded62
- 504 gross approval dollars$59.9 m
- Average 504 approval$966,016
- Median 504 approval$742,500
- Distinct CDCs active8
- 504 jobs per approval14.9
- 504 jobs per million dollars approved15.4
- Most active CDCCapital Partners Certified Development Company (21)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$259.0 m
The average approval of $686,582 sits well above the median of $260,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 25.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
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 recorded42
- Paid in full34
- Charged off8
- Charge-off rate on resolved loans19.0 percent
- Status: Paid in full34
- Status: Charged off8
- Status: Exempt from disclosure193
- Status: Cancelled41
- Status: Committed, not yet disbursed14
Of the 42 loans that have reached a final outcome, 19.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
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 lending8
- McDonough, approvals162
- Stockbridge, approvals74
- Locust Grove, approvals23
- Hampton, approvals20
- Ellenwood, approvals8
- Jonesboro, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| McDonough | 162 | $112,783,400 |
| Stockbridge | 74 | $56,790,600 |
| Locust Grove | 23 | $15,673,500 |
| Hampton | 20 | $8,686,800 |
| Ellenwood | 8 | $4,643,300 |
| Jonesboro | 1 | $331,300 |
| Smyrna | 1 | $125,000 |
| Jackson | 1 | $75,000 |
McDonough accounts for 162 approvals against 74 in Stockbridge. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
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 area322 sq mi
- Rank by land area among Georgia counties91st of 159
- Width, east to west24.8 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land776
- Establishments per square mile14.06
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 130468
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
- Radon levels in Henry County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Henry County (community 130468), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Henry County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 7, which carries a flood insurance premium discount for policies written in that community. 100.0 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 2020-2024249,960
- Households86,704
- Average household size2.88
- Median household income$83,146
- Median age37.1
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Georgia?
The Census Bureau estimates 259,315 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 249,960, in 86,704 households, ranking 9th of 159 Georgia 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 7.73 percent since the 2020 census base of 240,705, to 259,315 on July 1, 2024. In 2024 there were 2,920 births against 1,991 deaths, with net migration of 3,496. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$83,146. The median owner-occupied home is valued at $313,900, which is 3.8 times income, and median gross rent is $1,674 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Henry County?
4,528 establishments, employing 65,403 people with an annual payroll of $2.85 bn. 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?
Retail trade is the largest private sector at 11,768 jobs, 15.3 percent of covered employment. Covered employment averages 76,873 jobs at an average annual pay of $52,361, or $1,007 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?
290 7(a) approvals totaling $199.1 m since FY2020, across 75 lenders, with a median approval of $260,500, plus 62 504 approvals worth $59.9 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Henry County get paid back?
Of the 42 loans that have reached a final outcome, 34 were paid in full and 8 charged off, a charge-off rate of 19.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Henry County?
1,887 housing units were authorized by permit in 2024, with a declared construction value of $493.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Henry County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 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 Clayton County, with 2,248 households. Arriving households report an average income of $50,269 against $57,870 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.
5 Census places lie wholly or partly in Henry County. All 5 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 |
|---|---|---|---|---|
| Stockbridge | city | 35,737 | 74 | Wholly in this county |
| McDonough | city | 30,947 | 162 | Wholly in this county |
| Locust Grove | city | 10,532 | 23 | Wholly in this county |
| Hampton | city | 8,687 | 20 | Wholly in this county |
| Heron Bay | CDP | 4,595 | None recorded | 66.7 percent here, 33.3 percent Spalding County |
A further 11 of the county's 290 SBA 7(a) approvals are to borrowers in cities that match no Census place in Henry County, the largest being Ellenwood (8), Jonesboro (1), Smyrna (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