Cost of Living in Henry County, Alabama
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Henry County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Henry County ranks #977 of 3,144 counties for affordability (top 31%)
Data Story
About Cost of Living in Henry County, Alabama
Henry County homes stay within reach
At 15.4%, Henry County's rent-to-income ratio significantly beats the national problem threshold and ranks well below the U.S. pattern of affordability stress. With a median household income of $60,135—just 20% below the national average—renters here experience reasonable housing burden despite modest wages.
Best affordability in this rural cluster
Henry County's 15.4% rent-to-income ratio ranks it among Alabama's most affordable counties, beating the state average of 18.0%. This positions Henry as an outlier—a place where working families can realistically afford stable housing.
Henry leads neighboring county affordability
Henry County's 15.4% rent-to-income ratio outpaces Houston County (18.9%) and Jackson County (18.5%), even though all three have comparable incomes. Henry's lower rents—$770 versus Houston's $905—explain this advantage.
Henry County's housing budget
Monthly rent of $770 consumes 15.4% of a typical Henry County household's $5,011 income, leaving substantial room for other expenses. Homeowners pay $673 monthly on average, with median home values around $147,800—affordable options across the market.
A solid choice for rural Alabama living
Henry County offers some of Alabama's most balanced housing costs, making it ideal for families earning $55,000–$65,000 annually. The combination of reasonable rents and moderate home prices makes this county one of the strongest values in the region.
Cost of Living Advisory: Henry County
Affordability Verdict
Henry County offers affordable rental housing at a median of $770/month — about 15.4% of the typical household income here.
Rent vs. Own
The median rent in Henry County is $770/month, while owner costs run $673/month. Owning saves approximately $97/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $30,800/year. For owner costs at the 28% rule, the required income is roughly $28,843/year. With a median household income of $60,135, most households can comfortably afford rent here. Notably, 28.0% of renter households in Henry County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Alabama, Henry County is more affordable than Escambia County by roughly 9% ($770/mo vs $709/mo).
Affordability Calculator
See how your income compares to housing costs in Henry County
Rent Burden
15.4%
of gross income
Max Housing (28% Rule)
$1,403
per month
Owner Cost Burden
13.4%
of gross income
You can likely afford the median home in Henry County
Median home value is $147,800. Estimated monthly cost: $1,180 vs. your max of $1,403.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in Henry County, Alabama?
What is the median rent in Henry County?
Is Henry County affordable?
How does Henry County's rent compare to the state average?
What is the median home value in Henry County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Henry County, Alabama? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Henry County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.