Henry County, Ohio: commercial real estate data.
Henry County, Ohio has a population of 27,567 across 416 square miles, down 0.5 percent since the 2020 census base. County output reached $1.58 bn in 2024, 557 establishments operate here, and the SBA record carries 39 7(a) approvals worth $11.5 m.
126 sourced county values · tier FULL · 12 sections
Henry County
How many people live in Henry County
- Population27,567
- Households11,451
- Average household size2.41
- Median household income$80,099
- Median age41.6
- Median gross rent$849 per month
- Median owner-occupied home value$168,600
- Home value to household income2.1 times
- Annual rent as a share of median income12.7 percent
- Adults 25 and over with a bachelor degree or higher19.5 percent
- Adults 25 and over with a graduate degree6.3 percent
- Adults 25 and over19,129
- Population under 186,432
- Share under 1823.3 percent
- Population 65 and over5,492
- Share 65 and over19.9 percent
- Working age population, 18 to 6415,643
- Civilian labor force14,061
- Unemployment rate3.9 percent
- Labor force participation, adults 18 and over66.5 percent
- Rank by population among Ohio counties77th of 88
- Rank by population among US county-equivalents1560th
Henry County is the 77th largest of 88 Ohio counties by population. A median home costs 2.1 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.3 percent against 19.9 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 base-0.47 percent
- Census 2020 base population27,665
- Births, 2024293
- Deaths, 2024323
- Natural change, 2024-30
- Net domestic migration, 2024-38
- Net international migration, 202459
- Total net migration, 202421
- Cumulative net domestic migration, 2021 to 20246
- Rank by growth among US county-equivalents2011th
The county has lost 0.47 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
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 arriving591
- People arriving, from those returns1,025
- Adjusted gross income arriving$33.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$57,401
- Largest single originHenry County Non-migrants (11,434 households)
- Largest single destination (11,434 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Henry County Non-migrants | 11,434 | 22,768 | $805.6 m |
| Fulton County | 128 | 222 | $5.7 m |
| Other flows - Different State | 108 | 196 | $6.2 m |
| Other flows - Same State | 84 | 166 | $4.8 m |
| Defiance County | 73 | 115 | $3.2 m |
| Wood County | 69 | 119 | $3.8 m |
| Lucas County | 67 | 110 | $3.5 m |
| Other flows - South | 56 | 94 | $3.1 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$1.58 bn
- County GDP, 2023$1.57 bn
- GDP change, 2023 to 20240.8 percent
- GDP change over five years4.0 percent
- Rank by GDP among Ohio counties72nd
- Rank by GDP among US county-equivalents1469th
- GDP per resident$57,387
Output grew 0.8 percent in the latest year and 4.0 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 average10,585
- Establishments reporting688
- Average annual pay$54,637
- Average weekly wage$1,051
- Sector 31-33, employment2,984
- Sector 31-33, average annual pay$71,174
- Sector 62, employment1,319
- Sector 62, average annual pay$43,310
- Sector 44-45, employment999
- Sector 44-45, average annual pay$34,805
- Sector 23, employment796
- Sector 23, average annual pay$80,052
- Sector 72, employment545
- Sector 48-49, employment477
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,984 | 40 | $71,174 |
| Sector 62 | 1,319 | 53 | $43,310 |
| Sector 44-45 | 999 | 75 | $34,805 |
| Sector 23 | 796 | 65 | $80,052 |
| Sector 72 | 545 | 48 | $16,326 |
| Sector 48-49 | 477 | 49 | $55,900 |
| Sector 81 | 346 | 53 | $36,768 |
| Sector 42 | 291 | 33 | $66,713 |
The largest sector is the biggest private employer group at 2,984 jobs, 28.2 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 industries557
- Employment at those establishments8,188
- Annual payroll$445.5 m
- Establishments per 1,000 residents20.2
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, 202423
- Declared construction value permitted$7.8 m
- Single family units authorised23
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$339,116
- Units authorised per 1,000 households2.0
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 recorded39
- 7(a) gross approval dollars$11.5 m
- Average 7(a) approval$295,249
- Median 7(a) approval$50,000
- 10th percentile approval$20,000
- 90th percentile approval$710,000
- Largest single approval$4,166,600
- Jobs reported supported, 7(a)284
- Jobs per approval7.3
- Distinct 7(a) lenders active7
- Distinct industries receiving approvals25
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer5.1 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter35
- Franchise loans4
- Franchise share of approvals10.3 percent
- Leading industry by approval countLimited-Service Restaurants (6)
- Most active lenderThe Huntington National Bank (31)
- 504 approvals recorded3
- 504 gross approval dollars$1.9 m
- Average 504 approval$649,667
- Median 504 approval$453,000
- Distinct CDCs active3
- 504 jobs per approval4.7
- 504 jobs per million dollars approved7.2
- Most active CDCOhio Statewide Development Corporation (1)
- 7(a) share of SBA approvals92.9 percent
- Combined SBA approval dollars$13.5 m
The average approval of $295,249 sits well above the median of $50,000, 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 5.1 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 recorded12
- Paid in full12
- Charged off0
- Charge off rate on resolved loans0.0 percent
- Status: Paid in full12
- Status: Exempt from disclosure25
- Status: Cancelled2
Of the 12 loans that have reached a final outcome, 0.0 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 lending10
- Napoleon, approvals15
- Liberty Center, approvals13
- Holgate, approvals2
- ARCHBOLD, approvals2
- McClure, approvals2
- Napolean, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Napoleon | 15 | $8,581,600 |
| Liberty Center | 13 | $719,200 |
| Holgate | 2 | $905,000 |
| ARCHBOLD | 2 | $220,000 |
| McClure | 2 | $375,000 |
| Napolean | 1 | $42,900 |
| Wauseon | 1 | $467,000 |
| HAMLER | 1 | $55,000 |
Napoleon accounts for 15 approvals against 13 in Liberty Center. 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 area416 sq mi
- Rank by land area among Ohio counties56th of 88
- Width, east to west23.9 mi
- Height, north to south22.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land66
- Establishments per square mile1.34
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 Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L.
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.
- Population27,567
- Households11,451
- Average household size2.41
- Median household income$80,099
- Median age41.6
Common questions
Henry County questions, answered from the record.
How many people live in Henry County, Ohio?
27,567, in 11,451 households, ranking 77th of 88 Ohio counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Henry County growing?
The population has fallen 0.47 percent since the 2020 census base. In 2024 there were 293 births against 323 deaths, with net migration of 21. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Henry County?
$80,099. The median owner-occupied home is valued at $168,600, which is 2.1 times income, and median gross rent is $849 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Henry County?
557 establishments, employing 8,188 people with an annual payroll of $445.5 m. 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 $54,637, or $1,051 a week, across 10,585 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?
39 7(a) approvals totalling $11.5 m since FY2020, across 7 lenders, with a median approval of $50,000, plus 3 504 approvals worth $1.9 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Henry County get paid back?
Of the 12 loans that have reached a final outcome, 12 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Henry County?
23 housing units were authorised by permit in 2024, with a declared construction value of $7.8 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 11,434 households. Arriving households report an average income of $57,401 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.