Henry County, Georgia: commercial real estate data.
Henry County, Georgia has a population of 249,960 across 322 square miles, up 7.7 percent since the 2020 census base. County output reached $11.85 bn in 2024, 4,528 establishments operate here, and the SBA record carries 290 7(a) approvals worth $199.1 m.
129 sourced county values · tier FULL · 12 sections
Henry County
How many people live in Henry County
- Population249,960
- Households86,704
- Average household size2.88
- Median household income$83,146
- Median age37.1
- Median gross rent$1,674 per month
- Median owner-occupied home value$313,900
- Home value to household income3.8 times
- Annual rent as a share of median income24.2 percent
- Adults 25 and over with a bachelor degree or higher29.5 percent
- Adults 25 and over with a graduate degree10.6 percent
- Adults 25 and over163,743
- Population under 1862,617
- Share under 1825.1 percent
- Population 65 and over31,217
- Share 65 and over12.5 percent
- Working age population, 18 to 64156,126
- Civilian labor force131,795
- Unemployment rate6.2 percent
- Labor force participation, adults 18 and over70.3 percent
- Rank by population among Georgia counties9th of 159
- Rank by population among US county-equivalents289th
Henry County is the 9th largest of 159 Georgia counties by population. A median home costs 3.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 25.1 percent against 12.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Henry County
Is Henry County growing
- Population change since the 2020 census base7.73 percent
- Census 2020 base population240,705
- Births, 20242,920
- Deaths, 20241,991
- Natural change, 2024929
- Net domestic migration, 20242,889
- Net international migration, 2024607
- Total net migration, 20243,496
- Cumulative net domestic migration, 2021 to 202413,224
- Rank by growth among US county-equivalents261st
The county has grown 7.73 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Henry County
Where people moving to Henry County come from
- Tax returns filed by households arriving11,177
- People arriving, from those returns21,728
- Adjusted gross income arriving$561.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$50,269
- Largest single originHenry County Non-migrants (84,168 households)
- Largest single destination (84,168 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Henry County Non-migrants | 84,168 | 172,660 | $5.78 bn |
| Other flows - Different State | 2,280 | 4,366 | $125.9 m |
| Clayton County | 2,248 | 4,665 | $93.1 m |
| Other flows - South | 1,244 | 2,347 | $62.7 m |
| DeKalb County | 1,114 | 2,133 | $50.4 m |
| Fulton County | 966 | 1,781 | $46.5 m |
| Gwinnett County | 398 | 779 | $19.8 m |
| Other flows - Northeast | 374 | 737 | $21.1 m |
The largest single source of arrivals is Henry County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Henry County
What the Henry County economy runs on
- County GDP, 2024$11.85 bn
- County GDP, 2023$10.92 bn
- GDP change, 2023 to 20248.5 percent
- GDP change over five years60.3 percent
- Rank by GDP among Georgia counties12th
- Rank by GDP among US county-equivalents389th
- GDP per resident$47,413
Output grew 8.5 percent in the latest year and 60.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Henry County
Who employs people in Henry County
- Covered employment, annual average76,873
- Establishments reporting5,514
- Average annual pay$52,361
- Average weekly wage$1,007
- Sector 44-45, employment11,768
- Sector 44-45, average annual pay$35,536
- Sector 62, employment9,877
- Sector 62, average annual pay$61,803
- Sector 72, employment9,756
- Sector 72, average annual pay$21,673
- Sector 48-49, employment8,780
- Sector 48-49, average annual pay$54,192
- Sector 56, employment4,831
- Sector 31-33, employment3,893
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 11,768 | 692 | $35,536 |
| Sector 62 | 9,877 | 685 | $61,803 |
| Sector 72 | 9,756 | 570 | $21,673 |
| Sector 48-49 | 8,780 | 339 | $54,192 |
| Sector 56 | 4,831 | 430 | $41,470 |
| Sector 31-33 | 3,893 | 121 | $69,925 |
| Sector 52 | 3,775 | 248 | $68,809 |
| Sector 23 | 2,181 | 437 | $75,178 |
The largest sector is the biggest private employer group at 11,768 jobs, 15.3 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Henry County
What businesses operate in Henry County
- Establishments, all industries4,528
- Employment at those establishments65,403
- Annual payroll$2.85 bn
- Establishments per 1,000 residents18.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Henry County
What is being built in Henry County
- Housing units authorised by permit, 20241,887
- Declared construction value permitted$493.2 m
- Single family units authorised1,887
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$261,374
- Units authorised per 1,000 households21.8
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Henry County
How much SBA lending happens in Henry County
- 7(a) approvals recorded290
- 7(a) gross approval dollars$199.1 m
- Average 7(a) approval$686,582
- Median 7(a) approval$261,000
- 10th percentile approval$40,000
- 90th percentile approval$2,054,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)3,269
- Jobs per approval11.3
- Distinct 7(a) lenders active75
- Distinct industries receiving approvals120
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer25.2 percent
- Loans on real estate terms73
- Loans on working capital terms, 120 months or shorter189
- Franchise loans67
- Franchise share of approvals23.1 percent
- Leading industry by approval countFull-Service Restaurants (22)
- Most active lenderRenasant Bank (22)
- 504 approvals recorded62
- 504 gross approval dollars$59.9 m
- Average 504 approval$966,016
- Median 504 approval$747,000
- Distinct CDCs active8
- 504 jobs per approval14.9
- 504 jobs per million dollars approved15.4
- Most active CDCCapital Partners Certified Development Company (21)
- 7(a) share of SBA approvals82.4 percent
- Combined SBA approval dollars$259.0 m
The average approval of $686,582 sits well above the median of $261,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 25.2 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Henry County
Do SBA loans in Henry County get paid back
- Loans with a final outcome recorded42
- Paid in full34
- Charged off8
- Charge off rate on resolved loans19.0 percent
- Status: Paid in full34
- Status: Charged off8
- Status: Exempt from disclosure193
- Status: Cancelled41
- Status: Committed, not yet disbursed14
Of the 42 loans that have reached a final outcome, 19.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Henry County
Which parts of Henry County get the lending
- Places in the county with recorded lending8
- MCDONOUGH, approvals162
- Stockbridge, approvals74
- LOCUST GROVE, approvals23
- HAMPTON, approvals20
- ELLENWOOD, approvals8
- SMYRNA, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| MCDONOUGH | 162 | $112,783,400 |
| Stockbridge | 74 | $56,790,600 |
| LOCUST GROVE | 23 | $15,673,500 |
| HAMPTON | 20 | $8,686,800 |
| ELLENWOOD | 8 | $4,643,300 |
| SMYRNA | 1 | $125,000 |
| JONESBORO | 1 | $331,300 |
| JACKSON | 1 | $75,000 |
MCDONOUGH accounts for 162 approvals against 74 in Stockbridge. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Henry County
How big is Henry County
- Land area322 sq mi
- Rank by land area among Georgia counties91st of 159
- Width, east to west24.8 mi
- Height, north to south24.1 mi
- Geographies sharing a boundary6
- Residents per square mile of land776
- Establishments per square mile14.06
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Henry County
What hazards affect Henry County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book5
- Of those, participating in the NFIP5
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The best Community Rating System class in the county is 7, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Henry County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Henry County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population249,960
- Households86,704
- Average household size2.88
- Median household income$83,146
- Median age37.1
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Georgia?
249,960, in 86,704 households, ranking 9th of 159 Georgia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Henry County growing?
The population has grown 7.73 percent since the 2020 census base. In 2024 there were 2,920 births against 1,991 deaths, with net migration of 3,496. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$83,146. The median owner-occupied home is valued at $313,900, which is 3.8 times income, and median gross rent is $1,674 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Henry County?
4,528 establishments, employing 65,403 people with an annual payroll of $2.85 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Henry County?
Average annual pay is $52,361, or $1,007 a week, across 76,873 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Henry County?
290 7(a) approvals totalling $199.1 m since FY2020, across 75 lenders, with a median approval of $261,000, plus 62 504 approvals worth $59.9 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Henry County get paid back?
Of the 42 loans that have reached a final outcome, 34 were paid in full and 8 charged off, a charge off rate of 19.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Henry County?
1,887 housing units were authorised by permit in 2024, with a declared construction value of $493.2 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Henry County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Henry County come from?
The largest single origin is Henry County Non-migrants, with 84,168 households. Arriving households report an average income of $50,269 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Henry County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Henry County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.