Henry County, Tennessee: commercial real estate data.
Henry County, Tennessee had an estimated 32,883 residents on July 1, 2024, up 2.1 percent since the 2020 census base of 32,196, across 562 square miles. County output reached $1.72 bn in 2024, 714 establishments operate here, and the SBA record carries 3 7(a) approvals worth $2.7 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 2020-202432,412
- Households13,452
- Average household size2.41
- Median household income$50,613
- Median age45.8
- Median gross rent$761 per month
- Median owner-occupied home value$160,200
- Home value to household income3.2 times
- Annual rent as a share of median income18.0 percent
- Adults 25 and over with a bachelor degree or higher19.1 percent
- Adults 25 and over with a graduate degree6.5 percent
- Adults 25 and over23,538
- Population under 186,439
- Share under 1819.9 percent
- Population 65 and over7,766
- Share 65 and over24.0 percent
- Working age population, 18 to 6418,207
- Civilian labor force13,886
- Unemployment rate4.8 percent
- Labor force participation, adults 18 and over53.5 percent
- Rank by population among Tennessee counties48th of 95
- Rank by population among US county-equivalents, Puerto Rico included1412th of 3,222
Henry County is the 48th largest of 95 Tennessee counties by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 24.0 percent against 19.9 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, 202432,883
- Census 2020 base population32,196
- Population change since the 2020 census base2.13 percent
- Population change, 2023 to 2024429
- Births, 2024301
- Deaths, 2024506
- Natural change, 2024-205
- Net domestic migration, 2024626
- Net international migration, 202411
- Total net migration, 2024637
- Cumulative net domestic migration, 2021 to 20241,773
- Rank by growth among US county-equivalents1137th of 3,144
The county has grown 2.13 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 arriving907
- People arriving, from those returns1,747
- Tax returns filed by households leaving698
- Net household movement209
- Adjusted gross income arriving$47.3 m
- Net adjusted gross income movement$17.5 m
- Average income of an arriving household$52,170
- Average income of a leaving household$42,765
- Largest single originCarroll County (74 households)
- Largest single destinationCarroll County (63 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Carroll County | 74 | 152 | $3.1 m |
| Weakley County | 58 | 104 | $2.6 m |
| Benton County | 46 | 100 | $2.2 m |
| Calloway County | 40 | 61 | $1.5 m |
| Montgomery County | 36 | 94 | $2.0 m |
| Shelby County | 28 | 49 | $2.3 m |
| Davidson County | 25 | 31 | $741,000 |
| Gibson County | 21 | 40 | $1.2 m |
Households arriving report $9,405 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 Carroll 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$1.72 bn
- County GDP, 2023$1.79 bn
- GDP change, 2023 to 2024-3.6 percent
- GDP change over five years35.1 percent
- Rank by GDP among the Tennessee areas BEA publishes40th of 95
- Rank by GDP among the US county areas BEA publishes1406th of 3,127
- GDP per resident$53,145
Output grew -3.6 percent in the latest year and 35.1 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.
Henry County
Employment by industry in Henry County
- Covered employment, annual average11,772
- Establishments reporting834
- Average annual pay$47,711
- Average weekly wage$918
- Manufacturing, employment2,333
- Manufacturing, average annual pay$53,257
- Retail trade, employment1,663
- Retail trade, average annual pay$39,142
- Accommodation and food services, employment1,025
- Accommodation and food services, average annual pay$17,436
- Health care and social assistance, employment981
- Health care and social assistance, average annual pay$48,346
- Wholesale trade, employment482
- Construction, employment405
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,333 | 56 | $53,257 |
| Retail trade | 1,663 | 138 | $39,142 |
| Accommodation and food services | 1,025 | 76 | $17,436 |
| Health care and social assistance | 981 | 112 | $48,346 |
| Wholesale trade | 482 | 36 | $50,918 |
| Construction | 405 | 61 | $48,600 |
| Administrative and support and waste management services | 373 | 32 | $47,819 |
| Finance and insurance | 355 | 54 | $63,863 |
Manufacturing is the largest private sector at 2,333 jobs, 19.8 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 industries714
- Employment at those establishments9,513
- Annual payroll$409.7 m
- Establishments per 1,000 residents22.0
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, 202419
- Declared construction value permitted$1.6 m
- Single family units authorized19
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$82,448
- Units authorized per 1,000 households1.4
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 recorded3
- 7(a) gross approval dollars$2.7 m
- Average 7(a) approval$897,000
- Median 7(a) approval$1,165,000
- Largest single approval$1,486,000
- Jobs reported supported, 7(a)42
- Jobs per approval14.0
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer66.7 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter1
- Franchise loans1
- Franchise share of approvals33.3 percent
- 504 approvals recorded2
- 504 gross approval dollars$1.2 m
- Average 504 approval$609,500
- Median 504 approval$609,500
- Distinct CDCs active1
- 504 jobs per approval10.0
- 504 jobs per million dollars approved16.4
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$3.9 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 recorded1
- Paid in full1
- Charged off0
- Status: Exempt from disclosure2
- Status: Paid in full1
Only 1 loan has 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
How large is Henry County?
- Land area562 sq mi
- Rank by land area among Tennessee counties22nd of 95
- Width, east to west30 mi
- Height, north to south26.3 mi
- Geographies sharing a boundary6
- Residents per square mile of land58
- Establishments per square mile1.27
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 470228
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP3
- NFIP participation rate75.0 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 470228), 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. 75.0 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 2020-202432,412
- Households13,452
- Average household size2.41
- Median household income$50,613
- Median age45.8
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Tennessee?
The Census Bureau estimates 32,883 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 32,412, in 13,452 households, ranking 48th of 95 Tennessee 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 2.13 percent since the 2020 census base of 32,196, to 32,883 on July 1, 2024. In 2024 there were 301 births against 506 deaths, with net migration of 637. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$50,613. The median owner-occupied home is valued at $160,200, which is 3.2 times income, and median gross rent is $761 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Henry County?
714 establishments, employing 9,513 people with an annual payroll of $409.7 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 Henry County?
Manufacturing is the largest private sector at 2,333 jobs, 19.8 percent of covered employment. Covered employment averages 11,772 jobs at an average annual pay of $47,711, or $918 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?
3 7(a) approvals totaling $2.7 m since FY2020, across 3 lenders, with a median approval of $1,165,000, plus 2 504 approvals worth $1.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Henry County?
19 housing units were authorized by permit in 2024, with a declared construction value of $1.6 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 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 Carroll County, with 74 households. Arriving households report an average income of $52,170 against $42,765 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.
7 Census places lie wholly or partly in Henry County. All 7 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 |
|---|---|---|---|---|
| Paris | city | 10,338 | 3 | Wholly in this county |
| McKenzie | city | 5,631 | None recorded | 8.6 percent here, 88.9 percent Carroll County, 2.6 percent Weakley County |
| Puryear | city | 736 | None recorded | Wholly in this county |
| Henry | town | 534 | None recorded | Wholly in this county |
| Buchanan | CDP | 105 | None recorded | Wholly in this county |
| Cottage Grove | town | 60 | None recorded | Wholly in this county |
| Whitlock | CDP | 18 | None recorded | Wholly in this county |