Henry County, Iowa: commercial real estate data.
Henry County, Iowa had an estimated 19,361 residents on July 1, 2024, down 5.5 percent since the 2020 census base of 20,482, across 434 square miles. County output reached $1.15 bn in 2024, 482 establishments operate here, and the SBA record carries 13 7(a) approvals worth $7.0 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 2020-202420,004
- Households7,644
- Average household size2.62
- Median household income$67,436
- Median age41.1
- Median gross rent$820 per month
- Median owner-occupied home value$164,300
- Home value to household income2.4 times
- Annual rent as a share of median income14.6 percent
- Adults 25 and over with a bachelor degree or higher22.9 percent
- Adults 25 and over with a graduate degree7.2 percent
- Adults 25 and over13,864
- Population under 184,178
- Share under 1820.9 percent
- Population 65 and over4,031
- Share 65 and over20.2 percent
- Working age population, 18 to 6411,795
- Civilian labor force9,604
- Unemployment rate1.5 percent
- Labor force participation, adults 18 and over60.7 percent
- Rank by population among Iowa counties33rd of 99
- Rank by population among US county-equivalents, Puerto Rico included1879th of 3,222
Henry County is the 33rd largest of 99 Iowa counties by population. A median home costs 2.4 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 20.9 percent against 20.2 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, 202419,361
- Census 2020 base population20,482
- Population change since the 2020 census base-5.47 percent
- Population change, 2023 to 2024-212
- Births, 2024199
- Deaths, 2024233
- Natural change, 2024-34
- Net domestic migration, 2024-198
- Net international migration, 202420
- Total net migration, 2024-178
- Cumulative net domestic migration, 2021 to 2024-924
- Rank by growth among US county-equivalents3013th of 3,144
The county has lost 5.47 percent of its population since the 2020 census base. The population fell in 2024 from both sources: deaths exceeded births and more people left than moved in.
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 arriving476
- People arriving, from those returns864
- Tax returns filed by households leaving481
- Net household movement-5
- Adjusted gross income arriving$23.8 m
- Net adjusted gross income movement$1.3 m
- Average income of an arriving household$50,038
- Average income of a leaving household$46,778
- Largest single originDes Moines County (76 households)
- Largest single destinationDes Moines County (81 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Des Moines County | 76 | 147 | $4.0 m |
| Washington County | 33 | 70 | $1.3 m |
| Lee County | 29 | 50 | $1.3 m |
| Jefferson County | 22 | 47 | $1.1 m |
| Johnson County | 22 | 35 | $1.1 m |
| Louisa County | 22 | 48 | $1.1 m |
Households arriving report $3,260 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 Des Moines 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$1.15 bn
- County GDP, 2023$1.16 bn
- GDP change, 2023 to 2024-0.4 percent
- GDP change over five years18.6 percent
- Rank by GDP among the Iowa areas BEA publishes43rd of 99
- Rank by GDP among the US county areas BEA publishes1723rd of 3,127
- GDP per resident$57,669
Output grew -0.4 percent in the latest year and 18.6 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 average8,137
- Establishments reporting638
- Average annual pay$52,431
- Average weekly wage$1,008
- Manufacturing, employment1,771
- Manufacturing, average annual pay$59,817
- Transportation and warehousing, employment1,012
- Transportation and warehousing, average annual pay$59,751
- Retail trade, employment908
- Retail trade, average annual pay$30,897
- Health care and social assistance, employment798
- Health care and social assistance, average annual pay$44,886
- Accommodation and food services, employment412
- Construction, employment277
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,771 | 33 | $59,817 |
| Transportation and warehousing | 1,012 | 21 | $59,751 |
| Retail trade | 908 | 61 | $30,897 |
| Health care and social assistance | 798 | 112 | $44,886 |
| Accommodation and food services | 412 | 38 | $15,218 |
| Construction | 277 | 40 | $54,811 |
| Administrative and support and waste management services | 218 | 20 | $54,420 |
| Professional, scientific and technical services | 151 | 48 | $99,768 |
Manufacturing is the largest private sector at 1,771 jobs, 21.8 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 industries482
- Employment at those establishments6,726
- Annual payroll$297.0 m
- Establishments per 1,000 residents24.1
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, 202436
- Declared construction value permitted$7.7 m
- Single family units authorized28
- Multifamily units authorized8
- Multifamily share of units22.2 percent
- Average declared value per unit$214,572
- Units authorized per 1,000 households4.7
Single-family homes are 77.8 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 recorded13
- 7(a) gross approval dollars$7.0 m
- Average 7(a) approval$540,338
- Median 7(a) approval$144,900
- Largest single approval$2,344,000
- Jobs reported supported, 7(a)267
- Jobs per approval20.5
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals11
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer7.7 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter12
- Franchise loans2
- Franchise share of approvals15.4 percent
- Most active lenderCommunity 1st CU (4)
- 504 approvals recorded4
- 504 gross approval dollars$2.6 m
- Average 504 approval$651,250
- Median 504 approval$601,500
- Distinct CDCs active2
- 504 jobs per approval5.0
- 504 jobs per million dollars approved7.7
- Most active CDCIowa Business Growth Company (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$9.6 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 recorded4
- Paid in full4
- Charged off0
- Status: Cancelled3
- Status: Paid in full4
- Status: Exempt from disclosure6
Only 4 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 lending4
- Mount Pleasant, approvals9
- New London, approvals2
- Danville, approvals1
- Wayland, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Mount Pleasant | 9 | $6,382,100 |
| New London | 2 | $32,300 |
| Danville | 1 | $495,000 |
| Wayland | 1 | $115,000 |
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 area434 sq mi
- Rank by land area among Iowa counties83rd of 99
- Width, east to west18.2 mi
- Height, north to south24.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land46
- Establishments per square mile1.11
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 190153
- Communities in the county in the NFIP Community Status Book8
- Of those, participating in the NFIP5
- NFIP participation rate62.5 percent
- Communities carrying a CRS class0
- Radon levels in Henry County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Henry County (community 190153), 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 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 62.5 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 2020-202420,004
- Households7,644
- Average household size2.62
- Median household income$67,436
- Median age41.1
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Iowa?
The Census Bureau estimates 19,361 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 20,004, in 7,644 households, ranking 33rd of 99 Iowa counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Henry County's population growing?
The population has fallen 5.47 percent since the 2020 census base of 20,482, to 19,361 on July 1, 2024. In 2024 there were 199 births against 233 deaths, with net migration of -178. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$67,436. The median owner-occupied home is valued at $164,300, which is 2.4 times income, and median gross rent is $820 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Henry County?
482 establishments, employing 6,726 people with an annual payroll of $297.0 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 1,771 jobs, 21.8 percent of covered employment. Covered employment averages 8,137 jobs at an average annual pay of $52,431, or $1,008 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?
13 7(a) approvals totaling $7.0 m since FY2020, across 10 lenders, with a median approval of $144,900, plus 4 504 approvals worth $2.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Henry County?
36 housing units were authorized by permit in 2024, with a declared construction value of $7.7 m. Multifamily was 22.2 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Henry County?
Zone 1, a predicted average indoor radon screening level greater than 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 Des Moines County, with 76 households. Arriving households report an average income of $50,038 against $46,778 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.
14 Census places lie wholly or partly in Henry County. All 14 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 |
|---|---|---|---|---|
| Mount Pleasant | city | 8,951 | 9 | Wholly in this county |
| New London | city | 2,338 | 2 | Wholly in this county |
| Wayland | city | 1,191 | 1 | Wholly in this county |
| Winfield | city | 1,007 | None recorded | Wholly in this county |
| Salem | city | 349 | None recorded | Wholly in this county |
| Westwood | city | 130 | None recorded | Wholly in this county |
| Hillsboro | city | 120 | None recorded | Wholly in this county |
| Swedesburg | CDP | 119 | None recorded | Wholly in this county |
| Mount Union | CDP | 111 | None recorded | Wholly in this county |
| Rome | city | 79 | None recorded | Wholly in this county |
| Trenton | CDP | 75 | None recorded | Wholly in this county |
| Olds | city | 72 | None recorded | Wholly in this county |
| Lowell | CDP | 43 | None recorded | Wholly in this county |
| Coppock | city | 29 | None recorded | 31.0 percent here, 64.4 percent Washington County, 4.6 percent Jefferson County |
A further 1 of the county's 13 SBA 7(a) approvals are to borrowers in cities that match no Census place in Henry County, the largest being Danville (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