County profile
Henry County, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
12,670
Census CBP · 2023
Employers
803
Census CBP · 2023
Avg. wage
$43.3k
BLS QCEW · 2023
Population
49,242
Census PEP · 2025
Labor, income & education
Unemployment
5.4%
Median HH income
$50.8k±$2.9k
Bachelor's degree+
15.5%±1.6%
Poverty rate
16.0%±2.2%
Business applications
501 · 2025
Retail establishments
169
34.1/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Bassett Furniture Industries, IncorporatedConsumer Cyclical$335.3M55CHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Manufacturing39%
Retail trade18%
Admin & support14%
Wholesale trade11%
Food & accommodation10%
Health care8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
49,242
residents · 2025 · -3.2% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+927
International migration+51
Natural change−2,592
Real estate & risk
FHFA · ACS · FEMA
Median home value
$134.8k±$9.0k
Median gross rent
$728/mo±$36/mo
Vacancy rate
17.2%±1.7%
Affordability
3.1× wages
Residential permits
$12.5M
44 units · 0.9/1k pop
FEMA risk score
63.6
HUD Fair Market Rent (2BR):$914/mo · 2026
TOP PERILS · FEMA NRI
Landslide 87Ice storm 75Hurricane 74
FHFA HOUSE PRICE INDEX · 2016–2025
1582016
1582017
1602018
1652019
1742020
1892021
2132022
2422023
2612024
2852025
RESIDENTIAL PERMITS · 2021–2025
↑ 47% since 2021302021
252022
262023
332024
442025
Transport access
BTS · FAA · USACE
Nearest interstate
50.8 km
I-73
Nearest freight rail
0.4 km
NS
Nearest port
203.9 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
64.8 km
PIEDMONT TRIAD INTL
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$43.3k
avg. annual pay · +26% since 2019
Nearby & same-state counties
by GDP rankThe read
What is Henry County’s economy like?
Henry County is home to 49,242 residents and 12,670 jobs across 803 employers, led by manufacturing. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.