Henderson County, Tennessee: commercial real estate data.
Henderson County, Tennessee had an estimated 28,183 residents on July 1, 2024, up 1.2 percent since the 2020 census base of 27,840, across 520 square miles. County output reached $1.06 bn in 2024, 508 establishments operate here, and the SBA record carries 4 7(a) approvals worth $1.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Henderson County
How many people live in Henderson County
- Population, American Community Survey 2020-202427,980
- Households10,920
- Average household size2.56
- Median household income$55,136
- Median age40.4
- Median gross rent$745 per month
- Median owner-occupied home value$164,800
- Home value to household income3.0 times
- Annual rent as a share of median income16.2 percent
- Adults 25 and over with a bachelor degree or higher16.1 percent
- Adults 25 and over with a graduate degree5.2 percent
- Adults 25 and over19,476
- Population under 186,359
- Share under 1822.7 percent
- Population 65 and over5,124
- Share 65 and over18.3 percent
- Working age population, 18 to 6416,497
- Civilian labor force11,966
- Unemployment rate6.1 percent
- Labor force participation, adults 18 and over55.3 percent
- Rank by population among Tennessee counties54th of 95
- Rank by population among US county-equivalents, Puerto Rico included1542nd of 3,222
Henderson County is the 54th largest of 95 Tennessee counties by population. A median home costs 3.0 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.7 percent against 18.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Henderson County
Is Henderson County's population growing?
- Population, July 1, 202428,183
- Census 2020 base population27,840
- Population change since the 2020 census base1.23 percent
- Population change, 2023 to 2024118
- Births, 2024321
- Deaths, 2024438
- Natural change, 2024-117
- Net domestic migration, 2024233
- Net international migration, 20242
- Total net migration, 2024235
- Cumulative net domestic migration, 2021 to 2024832
- Rank by growth among US county-equivalents1409th of 3,144
The county has grown 1.23 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.
Henderson County
Where are people moving to Henderson County from?
- Tax returns filed by households arriving674
- People arriving, from those returns1,314
- Tax returns filed by households leaving548
- Net household movement126
- Adjusted gross income arriving$33.4 m
- Net adjusted gross income movement$9.8 m
- Average income of an arriving household$49,619
- Average income of a leaving household$43,057
- Largest single originMadison County (103 households)
- Largest single destinationMadison County (105 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Madison County | 103 | 191 | $4.8 m |
| Decatur County | 61 | 125 | $2.0 m |
| Carroll County | 29 | 48 | $1.1 m |
| Chester County | 28 | 50 | $831,000 |
| Gibson County | 26 | 49 | $1.3 m |
Households arriving report $6,562 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 Madison 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.
Henderson County
What is the Henderson County economy?
- County GDP, 2024$1.06 bn
- County GDP, 2023$1.02 bn
- GDP change, 2023 to 20244.5 percent
- GDP change over five years39.1 percent
- Rank by GDP among the Tennessee areas BEA publishes57th of 95
- Rank by GDP among the US county areas BEA publishes1801st of 3,127
- GDP per resident$38,018
Output grew 4.5 percent in the latest year and 39.1 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.
Henderson County
Employment by industry in Henderson County
- Covered employment, annual average8,429
- Establishments reporting614
- Average annual pay$47,219
- Average weekly wage$908
- Manufacturing, employment1,649
- Manufacturing, average annual pay$58,997
- Health care and social assistance, employment1,166
- Health care and social assistance, average annual pay$45,377
- Retail trade, employment1,164
- Retail trade, average annual pay$31,566
- Transportation and warehousing, employment919
- Transportation and warehousing, average annual pay$49,931
- Finance and insurance, employment351
- Construction, employment315
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,649 | 50 | $58,997 |
| Health care and social assistance | 1,166 | 77 | $45,377 |
| Retail trade | 1,164 | 111 | $31,566 |
| Transportation and warehousing | 919 | 26 | $49,931 |
| Finance and insurance | 351 | 56 | $60,248 |
| Construction | 315 | 52 | $58,910 |
| Wholesale trade | 194 | 27 | $95,281 |
| Administrative and support and waste management services | 163 | 23 | $39,194 |
Manufacturing is the largest private sector at 1,649 jobs, 19.6 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Henderson County
How many businesses are in Henderson County?
- Establishments, all industries508
- Employment at those establishments6,459
- Annual payroll$255.7 m
- Establishments per 1,000 residents18.2
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.
Henderson County
Building permits in Henderson County
- Housing units authorized by permit, 202427
- Declared construction value permitted$4.0 m
- Single family units authorized19
- Multifamily units authorized8
- Multifamily share of units29.6 percent
- Average declared value per unit$146,534
- Units authorized per 1,000 households2.5
Single-family homes are 70.4 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Henderson County
SBA loans in Henderson County (7(a) and 504)
- 7(a) approvals recorded4
- 7(a) gross approval dollars$1.4 m
- Average 7(a) approval$362,500
- Median 7(a) approval$312,500
- Largest single approval$700,000
- Jobs reported supported, 7(a)37
- Jobs per approval9.3
- Distinct 7(a) lenders active2
- Distinct industries receiving approvals3
- Median 7(a) term102 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter3
- Franchise loans1
- Franchise share of approvals25.0 percent
- Most active lenderThe Huntington National Bank (3)
- 504 approvals recorded1
- 504 gross approval dollars$686,000
- Average 504 approval$686,000
- Median 504 approval$686,000
- Distinct CDCs active1
- 504 jobs per approval24.0
- 504 jobs per million dollars approved35.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$2.1 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.
Henderson County
SBA loan default and charge-off rates in Henderson County
Do SBA loans in Henderson County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
- Status: Cancelled1
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.
Henderson County
SBA lending by place in Henderson County
- Borrower cities with recorded lending2
- Lexington, approvals3
- Yuma, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Lexington | 3 | $750,000 |
| Yuma | 1 | $700,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Henderson County
How large is Henderson County?
- Land area520 sq mi
- Rank by land area among Tennessee counties34th of 95
- Width, east to west24.4 mi
- Height, north to south28 mi
- Geographies sharing a boundary5
- Residents per square mile of land54
- Establishments per square mile0.98
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.
Henderson County
Flood risk in Henderson County
- Participation of the county's own NFIP community Henderson County, unincorporated areasParticipating, community 470088
- Communities in the county in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Henderson 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 Henderson County (community 470088), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Henderson 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 Henderson 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 Henderson County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202427,980
- Households10,920
- Average household size2.56
- Median household income$55,136
- Median age40.4
Common questions
Henderson County questions, answered from the record.
How many people live in Henderson County, Tennessee?
The Census Bureau estimates 28,183 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 27,980, in 10,920 households, ranking 54th of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Henderson County's population growing?
The population has grown 1.23 percent since the 2020 census base of 27,840, to 28,183 on July 1, 2024. In 2024 there were 321 births against 438 deaths, with net migration of 235. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henderson County?
$55,136. The median owner-occupied home is valued at $164,800, which is 3.0 times income, and median gross rent is $745 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Henderson County?
508 establishments, employing 6,459 people with an annual payroll of $255.7 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 Henderson County?
Manufacturing is the largest private sector at 1,649 jobs, 19.6 percent of covered employment. Covered employment averages 8,429 jobs at an average annual pay of $47,219, or $908 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Henderson County?
4 7(a) approvals totaling $1.4 m since FY2020, across 2 lenders, with a median approval of $312,500, plus 1 504 approvals worth $686,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Henderson County?
27 housing units were authorized by permit in 2024, with a declared construction value of $4.0 m. Multifamily was 29.6 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Henderson 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 Henderson County come from?
The largest single origin is Madison County, with 103 households. Arriving households report an average income of $49,619 against $43,057 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Henderson 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 Henderson 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.
Henderson County
Cities and places in Henderson.
9 Census places lie wholly or partly in Henderson County. All 9 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 |
|---|---|---|---|---|
| Lexington | city | 7,962 | 3 | Wholly in this county |
| Scotts Hill | town | 1,083 | None recorded | 70.3 percent here, 29.7 percent Decatur County |
| Parker's Crossroads | city | 615 | None recorded | Wholly in this county |
| Darden | CDP | 582 | None recorded | Wholly in this county |
| Sardis | town | 536 | None recorded | Wholly in this county |
| Chesterfield | CDP | 356 | None recorded | Wholly in this county |
| Wildersville | CDP | 78 | None recorded | Wholly in this county |
| Luray | CDP | 77 | None recorded | Wholly in this county |
| Huron | CDP | 0 | None recorded | Wholly in this county |
A further 1 of the county's 4 SBA 7(a) approvals are to borrowers in cities that match no Census place in Henderson County, the largest being Yuma (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