Henry County, Ohio: commercial real estate data.
Henry County, Ohio had an estimated 27,536 residents on July 1, 2024, down 0.5 percent since the 2020 census base of 27,665, across 416 square miles. County output reached $1.58 bn in 2024, 557 establishments operate here, and the SBA record carries 39 7(a) approvals worth $11.5 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 2020-202427,567
- Households11,451
- Average household size2.41
- Median household income$80,099
- Median age41.6
- Median gross rent$849 per month
- Median owner-occupied home value$168,600
- Home value to household income2.1 times
- Annual rent as a share of median income12.7 percent
- Adults 25 and over with a bachelor degree or higher19.5 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over19,129
- Population under 186,432
- Share under 1823.3 percent
- Population 65 and over5,492
- Share 65 and over19.9 percent
- Working age population, 18 to 6415,643
- Civilian labor force14,061
- Unemployment rate3.9 percent
- Labor force participation, adults 18 and over66.5 percent
- Rank by population among Ohio counties77th of 88
- Rank by population among US county-equivalents, Puerto Rico included1560th of 3,222
Henry County is the 77th largest of 88 Ohio counties by population. A median home costs 2.1 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 23.3 percent against 19.9 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, 202427,536
- Census 2020 base population27,665
- Population change since the 2020 census base-0.47 percent
- Population change, 2023 to 2024-9
- Births, 2024293
- Deaths, 2024323
- Natural change, 2024-30
- Net domestic migration, 2024-38
- Net international migration, 202459
- Total net migration, 202421
- Cumulative net domestic migration, 2021 to 20246
- Rank by growth among US county-equivalents2011th of 3,144
The county has lost 0.47 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though 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 arriving591
- People arriving, from those returns1,025
- Tax returns filed by households leaving672
- Net household movement-81
- Adjusted gross income arriving$33.9 m
- Net adjusted gross income movement$-7.1 m
- Average income of an arriving household$57,401
- Average income of a leaving household$61,025
- Largest single originFulton County (128 households)
- Largest single destinationDefiance County (108 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Fulton County | 128 | 222 | $5.7 m |
| Defiance County | 73 | 115 | $3.2 m |
| Wood County | 69 | 119 | $3.8 m |
| Lucas County | 67 | 110 | $3.5 m |
| Putnam County | 31 | 52 | $1.7 m |
| Williams County | 31 | 46 | $1.3 m |
Households arriving report $3,624 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Fulton 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$1.58 bn
- County GDP, 2023$1.57 bn
- GDP change, 2023 to 20240.8 percent
- GDP change over five years4.0 percent
- Rank by GDP among the Ohio areas BEA publishes72nd of 88
- Rank by GDP among the US county areas BEA publishes1469th of 3,127
- GDP per resident$57,387
Output grew 0.8 percent in the latest year and 4.0 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 average10,585
- Establishments reporting688
- Average annual pay$54,637
- Average weekly wage$1,051
- Manufacturing, employment2,984
- Manufacturing, average annual pay$71,174
- Health care and social assistance, employment1,319
- Health care and social assistance, average annual pay$43,310
- Retail trade, employment999
- Retail trade, average annual pay$34,805
- Construction, employment796
- Construction, average annual pay$80,052
- Accommodation and food services, employment545
- Transportation and warehousing, employment477
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,984 | 40 | $71,174 |
| Health care and social assistance | 1,319 | 53 | $43,310 |
| Retail trade | 999 | 75 | $34,805 |
| Construction | 796 | 65 | $80,052 |
| Accommodation and food services | 545 | 48 | $16,326 |
| Transportation and warehousing | 477 | 49 | $55,900 |
| Other services, except public administration | 346 | 53 | $36,768 |
| Wholesale trade | 291 | 33 | $66,713 |
Manufacturing is the largest private sector at 2,984 jobs, 28.2 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 industries557
- Employment at those establishments8,188
- Annual payroll$445.5 m
- Establishments per 1,000 residents20.2
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, 202423
- Declared construction value permitted$7.8 m
- Single family units authorized23
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$339,116
- Units authorized per 1,000 households2.0
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 recorded39
- 7(a) gross approval dollars$11.5 m
- Average 7(a) approval$295,249
- Median 7(a) approval$50,000
- 10th percentile approval$24,000
- 90th percentile approval$542,000
- Largest single approval$4,166,600
- Jobs reported supported, 7(a)284
- Jobs per approval7.3
- Distinct 7(a) lenders active7
- Distinct industries receiving approvals25
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer5.1 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter35
- Franchise loans4
- Franchise share of approvals10.3 percent
- Leading industry by approval countLimited-Service Restaurants (6)
- Most active lenderThe Huntington National Bank (31)
- 504 approvals recorded3
- 504 gross approval dollars$1.9 m
- Average 504 approval$649,667
- Median 504 approval$453,000
- Distinct CDCs active3
- 504 jobs per approval4.7
- 504 jobs per million dollars approved7.2
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$13.5 m
The average approval of $295,249 sits well above the median of $50,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 5.1 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 recorded12
- Paid in full12
- Charged off0
- Status: Paid in full12
- Status: Exempt from disclosure25
- Status: Cancelled2
Only 12 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 lending9
- Napoleon, approvals15
- Liberty Center, approvals13
- McClure, approvals3
- Holgate, approvals2
- Archbold, approvals2
- Wauseon, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Napoleon | 15 | $8,581,600 |
| Liberty Center | 13 | $719,200 |
| McClure | 3 | $495,000 |
| Holgate | 2 | $905,000 |
| Archbold | 2 | $220,000 |
| Wauseon | 1 | $467,000 |
| Hamler | 1 | $55,000 |
| Napolean | 1 | $42,900 |
| 1 other borrower city | 1 | $29,000 |
Napoleon accounts for 15 approvals against 13 in Liberty Center. 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 area416 sq mi
- Rank by land area among Ohio counties56th of 88
- Width, east to west23.9 mi
- Height, north to south22.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land66
- Establishments per square mile1.34
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 390776
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- 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 390776), 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 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. 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 2020-202427,567
- Households11,451
- Average household size2.41
- Median household income$80,099
- Median age41.6
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Ohio?
The Census Bureau estimates 27,536 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 27,567, in 11,451 households, ranking 77th of 88 Ohio 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 0.47 percent since the 2020 census base of 27,665, to 27,536 on July 1, 2024. In 2024 there were 293 births against 323 deaths, with net migration of 21. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$80,099. The median owner-occupied home is valued at $168,600, which is 2.1 times income, and median gross rent is $849 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Henry County?
557 establishments, employing 8,188 people with an annual payroll of $445.5 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 2,984 jobs, 28.2 percent of covered employment. Covered employment averages 10,585 jobs at an average annual pay of $54,637, or $1,051 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?
39 7(a) approvals totaling $11.5 m since FY2020, across 7 lenders, with a median approval of $50,000, plus 3 504 approvals worth $1.9 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Henry County?
23 housing units were authorized by permit in 2024, with a declared construction value of $7.8 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 Fulton County, with 128 households. Arriving households report an average income of $57,401 against $61,025 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.
10 Census places lie wholly or partly in Henry County. All 10 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 |
|---|---|---|---|---|
| Napoleon | city | 8,802 | 15 | Wholly in this county |
| Deshler | village | 1,728 | None recorded | Wholly in this county |
| Holgate | village | 1,012 | 2 | Wholly in this county |
| Liberty Center | village | 973 | 13 | Wholly in this county |
| McClure | village | 724 | 3 | Wholly in this county |
| Hamler | village | 630 | 1 | Wholly in this county |
| Malinta | village | 324 | None recorded | Wholly in this county |
| Ridgeville Corners | CDP | 279 | None recorded | Wholly in this county |
| Florida | village | 247 | None recorded | Wholly in this county |
| New Bavaria | village | 80 | None recorded | Wholly in this county |
A further 5 of the county's 39 SBA 7(a) approvals are to borrowers in cities that match no Census place in Henry County, the largest being Archbold (2), Wauseon (1), Napolean (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