Alabama · Census, HUD and BEA figures · Updated

Cost of Living in Henry County, AL

Prices around Henry County, AL run 16.2% below the U.S. average (BEA, the metro area). The typical household there earns $59,931 a year, and HUD puts a two-bedroom at $878 a month. Keeping that rent under 30% of income takes about $35,120 a year.

Henry County, AL at a glance

Median household income

$59,931$4,994 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$878HUD FY2026 Fair Market Rent
Price level (U.S. = 100)83.8-16.2% · BEA, the metro area
Electricity16.4¢per kWh · EIA Residential AL
Population17,647Census ACS 5-year estimate

How much rent can you afford in Henry County, AL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$878Monthly market rent
Share of gross income17.6%Recommended max: 30%
Annual income needed$35,120To meet the 30% standard
Max affordable rent$1,498At 30% of $59,931
0%30% (Affordability standard)100%
Compare against:

How much is rent in Henry County, AL? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Henry County, AL HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Henry County, AL, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$665$7,980$26,60013.3%
1-Bedroom Apartment$669$8,028$26,76013.4%
2-Bedroom ApartmentBenchmark$878$10,536$35,12017.6%
3-Bedroom Home$1,078$12,936$43,12021.6%
4-Bedroom Home$1,217$14,604$48,68024.4%

Rent in Henry County, AL, with the wage each unit needs →

What a typical income covers in Henry County, AL

The 50/30/20 rule applied to the local median of $59,931 a year ($4,994 a month before tax).

Needs (50%)$2,497/moRent ($878 2-BR), utilities (~$148/mo), groceries, transit
Wants (30%)$1,498/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$999/moEmergency fund, retirement, paying down loans

What $59,931 leaves after Alabama taxes

Federal income tax, Social Security, Medicare and Alabama tax on the local median income. Change the salary to see yours.

$59,931
$20,000$120,000
Filing status:
Gross salary breakdown$59,931
Net 80%
Fed 8%
AL 4%
FICA 8%
Annual take-home$47,829After all taxes
Monthly deposit$3,986Estimated per month
Biweekly paycheck$1,840Every 2 weeks (26/yr)
Effective tax rate20.2%Total tax burden
Federal income tax$5,012 / yr
Alabama state income tax$2,506 / yr
FICA (Social Security & Medicare)$4,585 / yr

Living in Henry County, AL: common questions

What is the median household income in Henry County, AL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Henry County, AL is $59,931 per year (approximately $4,994 per month).

What is the average rent in Henry County, AL?

The closest official figure is HUD's Fair Market Rent for 2026: $665 for a studio, $669 for one bedroom, $878 for two, $1,078 for three and $1,217 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Henry County, AL expensive to live in?

Prices there run 16.2% below the U.S. average. BEA's regional price parity for the metro area is 83.8, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Henry County, AL?

To keep a $878 two-bedroom under 30% of gross income, a household needs about $35,120 a year, or $2,927 a month. That is 59% of what the typical household in Henry County, AL earns.

How much do you need to live comfortably in Henry County, AL?

On the local median income of $59,931 ($4,994 a month before tax), the 50/30/20 rule leaves $2,497 a month for needs like rent, utilities and groceries, $1,498 for everything else and $999 for savings or debt. A two-bedroom at $878 takes 35% of the needs share.

How much is the electric bill in Henry County, AL?

Homes in Alabama paid 16.4¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $148. Your bill depends mostly on heating and cooling.