Cost of Living in Henry County, Georgia

$1,538/mo
Median Monthly Rent
$277,400
Median Home Value

At a Glance

Median Monthly Rent
$1,538/mo
66% above state average
Median Home Value
$277,400
2% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Henry County Compares

Median monthly rent comparison

Henry County$1,538/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$1,538/mo
Median Gross Rent
$277,400
Median Home Value
$1,472/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Henry County ranks #2,868 of 3,144 counties for affordability (bottom 9%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Henry County, Georgia

Henry County's rent burden exceeds national norm

Henry County's rent-to-income ratio of 22.6% significantly exceeds national affordability standards, meaning renters here spend roughly a quarter of income on housing. Despite a median household income of $81,612—above the national average of $74,755—renters face the steepest rent burden among counties in this analysis.

Priciest rentals in Georgia's sample

Henry County's 22.6% rent-to-income ratio stands 4 percentage points above Georgia's state average of 18.6%, reflecting rapid suburban growth around Atlanta. Median rent of $1,538 runs 65% higher than the state average of $927, positioning Henry as an affordability challenge for renters.

Rent surge separates Henry from rural peers

Henry County's $1,538 median rent towers over rural neighbors Hart County ($814) and Heard County ($855), creating a 79-89% cost differential. This premium reflects Henry's proximity to Atlanta and its transformation into a rapidly developing suburban corridor.

Where Henry County paychecks go

Despite earning $81,612 median income—the second-highest in this analysis—Henry County renters allocate 22.6% to $1,538 monthly rent, leaving $1,537 for other costs. Homeowners invest $1,472 monthly into mortgages on homes valued at $277,400, the highest median home value in this county group.

Growth premium demands careful budgeting

Henry County offers suburban Atlanta access and strong median income of $81,612, but renters here accept a 22.6% rent burden that exceeds state averages. If affordability drives relocation decisions, compare Henry's rates against Jackson County's 14.8% ratio or Houston County's 17% to weigh tradeoffs.

Cost of Living Advisory: Henry County

Affordability Verdict

Henry County is affordable for renters, with a median gross rent of $1,538/month representing approximately 22.6% of median household income. The rent burden (GRAPI) stands at 30.0%.

Rent vs. Own

The median rent in Henry County is $1,538/month, while owner costs run $1,472/month. Owning saves approximately $66/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $61,520/year. For owner costs at the 28% rule, the required income is roughly $63,086/year. With a median household income of $81,612, most households can comfortably afford rent here. Notably, 30.0% of renter households in Henry County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Georgia, Henry County is less affordable than DeKalb County by roughly 3% ($1,538/mo vs $1,591/mo).

Affordability Calculator

See how your income compares to housing costs in Henry County

$

Rent Burden

22.6%

of gross income

Max Housing (28% Rule)

$1,904

per month

Owner Cost Burden

21.6%

of gross income

The median home in Henry County may be a stretch

Median home value is $277,400. Estimated monthly cost: $2,215 vs. your max of $1,904.

Rent Affordability Guide

Your rent-to-income ratio22.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,612Needed: $61,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,612Needed: $63,086
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,612Needed: $64,559

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, Georgia?
Henry County, Georgia has a median monthly rent of $1,538/mo and a median home value of $277,400. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Henry County?
The median gross rent in Henry County is $1,538/mo. This is 66% above state average for Georgia.
Is Henry County affordable?
Henry County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Henry County's rent compare to the state average?
Henry County's median rent of $1,538/mo is 66% above state average of $927/mo for Georgia.
What is the median home value in Henry County?
The median home value in Henry County, Georgia is $277,400. This is 2% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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