Income & Economy in Henry, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$63,894

-13% vs national

Per Capita Income

$30,120

-19% vs national

Poverty Rate

14.9%

+10% vs national

Gini Index

0.4334

0 = perfect equality

Unemployment

3.9%

-25% vs national

SNAP Recipients

19.1%

of households

How Henry Compares

Source: Census ACS (2023)

Henry vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Henry is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Henry. The median household income here is $63,894.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
25.9%
$25-50K
13.2%
$50-75K
15.5%
$75-100K
21.6%
$100-150K
12.4%
$150-200K
4.8%
$200K+
6.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.9%

-30% vs IL avg

Labor Force

1,124

Employed

1,080

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

14.0%

of adults 25+

High School Diploma+

40.7%

of adults 25+

Median Age

40.4

Work from Home

8.2%

of workers

The median household income in Henry, IL is $63,894, which is 12.7% below the national average of $73,224. Per capita income is $30,120. The poverty rate of 14.9% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.4334, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.9%, compared to the state average of 5.6%. 14.0% of adults hold a bachelor's degree or higher.