Market insights · Virginia
Henry County, VA: growth, migration and housing
Henry County has 49,242 residents, down 3.1% since 2020 (-0.6% in the last year). In 2022–2023, 1,115 households moved in and 1,042 moved out (+73 net), while a net $0.3M of income left. Median household income is $50,760, the median home $134,800 and median rent $728 a month.
In Virginia: 123rd of 133 counties for 5-year population growth · 72nd of 133 counties for net in-migration (per resident) · 118th of 133 counties for median household income · 122nd of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Henry County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Martinsville city, VA | 273 | $9.9M |
| Patrick County, VA | 84 | $3.0M |
| Franklin County, VA | 68 | $2.5M |
| Rockingham County, NC | 65 | $2.2M |
| Pittsylvania County, VA | 55 | $2.1M |
| Guilford County, NC | 32 | $1.6M |
| Roanoke city, VA | 24 | $0.8M |
| Danville city, VA | 21 | $0.7M |
Where leavers went
Top counties by households leaving Henry County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Martinsville city, VA | 252 | $8.5M |
| Franklin County, VA | 75 | $3.8M |
| Rockingham County, NC | 69 | $2.6M |
| Patrick County, VA | 62 | $2.5M |
| Guilford County, NC | 51 | $2.8M |
| Pittsylvania County, VA | 35 | $1.6M |
| Danville city, VA | 35 | $1.9M |
| Roanoke city, VA | 21 | $0.7M |
BizyFi in Henry County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.