Henry County: Economy & Jobs
Earnings in Henry County center on a median $50,760 (about the same as Henry County median $50,760; 1.8× below Virginia median $93,170), with homes at a median value of $134,800.
Income & Affordability
Median household income $50,760 — below the Virginia median ($92,968). Poverty rate 16.1% (U.S. average ~12.5%).
| Irs Income · IRS tax returns filed | $21,760 |
|---|---|
| Irs Income · Total Adjusted Gross Income (thousands) | $1,099,678 |
| Irs Income · Average AGI per return | $50,537 (vs Virginia $92,983) |
| Irs Income · Year | 2022 |
| Median Household Income | $50,760 (vs Virginia $92,968) |
| Poverty Rate | 16.1% |
Sources: IRS SOI 2022 — county FIPS · Census ACS 5-Year 2024 — county-level query · Refreshed 2026-04-29
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.2% — above the U.S. average of ~4%.
| Employment · Avg annual employment (county) | 15,729 |
|---|---|
| Employment · Total annual wages (county) | $719,655,126 |
| Employment · Average annual pay | $45,753 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 3,981,130 |
| Unemployment Rate | 5.2% (vs Virginia 2.9%) |
Sources: BLS QCEW 2024 · BLS Occupational Employment and Wage Statistics (OES)
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 229 |
|---|---|
| Agriculture · Land In Farms Acres | 5,228 |
| Agriculture · Avg Farm Size Acres | 22.80 |
| Agriculture · Top Commodities | Animal Totals, Crop Totals, Field Crops, Other, Tobacco, Vegetable Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 780 |
| Business Patterns · Total Employees | 12,119 |
| Business Patterns · Annual Payroll Thousands | 464,977 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 7 |
|---|---|
| Local Businesses · Convenience Stores | 15 |
| Local Businesses · Liquor Stores | 3 |
| Local Businesses · Gas Stations | 29 |
| Local Businesses · General Merchandise | 22 |
| Local Businesses · New Car Dealers | 6 |
| Local Businesses · Used Car Dealers | 8 |
| Local Businesses · Beauty Salons | 4 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 25 |
|---|---|
| Dining Scene · Fast Food | 32 |
| Dining Scene · Coffee Snacks | 3 |
Sources: Census CBP NAICS 722
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
| Total Snap Stores | 45 |
|---|
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $377,721,049 |
|---|---|
| Federal Spending · Per Capita | 7,413.85 (vs Virginia $14,580) |
| Federal Spending · Population | 50,948 people (vs Virginia 42,214) |
Sources: USAspending API