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Henry County, GA

McDonough

RANK #823 / 996 NAT  ·  #22 / 41 GA  ·  POP 240,853

1YR FORECAST: -2.0%

5YR OUTLOOK: +15%

Our model projects Henry County's housing market at -2.0% over the next year, underperforming most U.S. counties.

[01] Why Henry County?

Henry County, Georgia, distinguishes itself with the Atlanta Motor Speedway in Hampton, a venue that draws more visitors than any other sporting event in Georgia. Located just 20 miles south of downtown Atlanta, the county offers a blend of suburban convenience and a slower pace of life. Its communities, including McDonough, Stockbridge, Hampton, and Locust Grove, each have unique attractions. The county features numerous parks and nearly 11 miles of walking trails across over 1432 acres of parkland, providing ample outdoor recreation opportunities. Commute options include Henry County Transit and participation in the Georgia Commute Options program, which promotes alternatives to single-occupant vehicle travel.

Life in Henry County appeals to families and professionals seeking more space and value without sacrificing access to Atlanta. The Henry County Schools system serves a diverse student body across 53 schools and offers a range of educational programs. The local economy is experiencing growth, driven by investments in logistics, advanced manufacturing, and healthcare services. Residential and commercial development is also expanding, with new housing projects and mixed-use developments underway. The county's strategic location and infrastructure support its role as a hub for economic activity.

[02] Market Snapshot

Housing Ratio
6.6x

Above national median (4.7x)

GDP Growth
+5.5%

Well above national median

Home Prices
-3.9%

Prices declining

Climate & Terrain
-0.5

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 6.6x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Henry County Schools Education
    2,500+
  2. 2
    Henry County Government Government
    1,000+
  3. 3
    Piedmont Henry Hospital Healthcare
  4. 4
    Federal Aviation Administration Government
    500+
  5. 5
    Georgia Power Customer Care Center Energy
  6. 6
    Luxottica Retail Group Retail
  7. 7
    Home Depot Direct Fulfillment Center Retail
    250+
  8. 8
    Ken's Foods, Inc. Manufacturing
  9. 9
    Georgia Crown Distributing Company Logistics
  10. 10
    Bennett International Group, Inc. Logistics

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Henry County U.S. National

The Numbers

DEMOGRAPHICS
Population
240,853
+1.79% YoY
Median Household Income
$79,663
Median Home Value
$245,200
-3.85% 12mo
Median Rent
$1,411
Average Annual Pay
$52,361
+6.2% YoY
Employment
76,873
+2.7% YoY
Income-to-Home-Value
0.3249
More affordable than average
Migration Inflow
4.38%
of pop. from another state
Bachelor's Degree+
27.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$343,887
Days on Market
93
Slower market
Months of Supply
4.9
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
17.1%
Listings w/ Price Drops
30.5%
Building Permits (2024)
1,887
Single-Family Permits
1,887

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.8
per 100K · nat avg 6.3
Firearm Fatalities
21.1
per 100K · nat avg 14.8
Injury Deaths
72.9
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
41.0
Good
Good Air Days
70%
747 of 1,072 days
Unhealthy+ Days (3yr)
11
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
39
2022
40
2023
44
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$6,922M
TOTAL
PROJECT AMOUNT STATUS
The Grove Mixed-Use Development
Geosam Capital
$4,000M Planned
I-75 Express Lanes Expansion
Georgia DOT
$1,800M Planned
Hampton Data Center Campus (Henderson Farms)
Southeast Property Holdings, LLC
$500M Under Construction
Rocky Creek Road Data Center
Red Wolf DCD Properties LLC
$500M Proposed
NVH Korea Manufacturing Plant
NVH Korea
$72M Operating
New I-75 Interchange near Bethlehem Road
Georgia DOT
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +5.5% 87 percentile
Population Growth +1.8% 87 percentile
Income Growth +8.4% 47 percentile
Vacancy Rate 1.3% 35 percentile
Home Price Change -3.9% 6 percentile
Rent Growth +1.8% 31 percentile
Price/Rent 11x 76 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Henry County, GA a good place to move to?

The data is not encouraging — Henry County scores just 17/100 on the Boom Town Index, ranking #823 of 996 counties. Job growth at +2.7% and median household income of $79,663 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Henry County affordable?

Housing in Henry County is roughly in line with national affordability norms. The median home costs $245,200 and the income-to-home-value ratio sits at 0.32, with rents averaging $1,411/month. Not a bargain, but not a stretch for most local earners either.

Is Henry County growing or shrinking?

Henry County is growing on multiple fronts. Population is up +1.8% year-over-year while employers added jobs at a +2.7% clip. Home values shifted -3.9% in the past year.

Are people moving to Henry County?

There's a moderate stream of newcomers. About 4.38% of residents moved from another state, which is above average and suggests Henry County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Camden County, GA 16 Columbia County, GA 14 Troup County, GA 14 Glynn County, GA 21 Spalding County, GA 13 Cherokee County, GA 13 Tuscaloosa County, AL 17 Shasta County, CA 17