Places/Virginia/Henry County, Virginia
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 · FMP
CompanySectorRevenueEA
1Bassett Furniture Industries, IncorporatedConsumer Cyclical$335.3M55C

HQ-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 · 20202025
49,242
residents · 2025 · -3.2% since 2020
COMPONENTS OF CHANGE · 20212025
Domestic migration+927
International migration+51
Natural change2,592

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 · 20162025
158
2016
158
2017
160
2018
165
2019
174
2020
189
2021
213
2022
242
2023
261
2024
285
2025
RESIDENTIAL PERMITS · 20212025
47% since 2021
30
2021
25
2022
26
2023
33
2024
44
2025

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
Wage trend
BLS QCEW · 20192023
$43.3k
avg. annual pay · +26% since 2019
The 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.