Henry County, TN at a glance
Median household income
$50,613$4,218 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Henry County, TN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Henry County, TN? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Henry County, TN, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $719 | $8,628 | $28,760 | 17% |
| 1-Bedroom Apartment | $723 | $8,676 | $28,920 | 17.1% |
| 2-Bedroom ApartmentBenchmark | $949 | $11,388 | $37,960 | 22.5% |
| 3-Bedroom Home | $1,138 | $13,656 | $45,520 | 27% |
| 4-Bedroom Home | $1,322 | $15,864 | $52,880 | 31.3% |
What a typical income covers in Henry County, TN
The 50/30/20 rule applied to the local median of $50,613 a year ($4,218 a month before tax).
What $50,613 leaves after Tennessee taxes
Federal income tax, Social Security, Medicare and Tennessee tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Tennessee
Living in Henry County, TN: common questions
What is the median household income in Henry County, TN?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Henry County, TN is $50,613 per year (approximately $4,218 per month).
What is the average rent in Henry County, TN?
The closest official figure is HUD's Fair Market Rent for 2026: $719 for a studio, $723 for one bedroom, $949 for two, $1,138 for three and $1,322 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, TN expensive to live in?
Prices there run 8.1% below the U.S. average. BEA's regional price parity for Tennessee is 91.9, 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, TN?
To keep a $949 two-bedroom under 30% of gross income, a household needs about $37,960 a year, or $3,163 a month. That is 75% of what the typical household in Henry County, TN earns.
How much do you need to live comfortably in Henry County, TN?
On the local median income of $50,613 ($4,218 a month before tax), the 50/30/20 rule leaves $2,109 a month for needs like rent, utilities and groceries, $1,265 for everything else and $844 for savings or debt. A two-bedroom at $949 takes 45% of the needs share.
How much is the electric bill in Henry County, TN?
Homes in Tennessee paid 14.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $127. Your bill depends mostly on heating and cooling.