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Iowa

Cost of living in Henry County, IA

Estimated monthly cost
$2,623/mo
for a single person, all categories combined

Population 20,228 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $678 26%
Healthcare $480 18%
Federal tax $436 17%
Transport $320 12%
Groceries $315 12%
Energy $195 7%
State tax $149 6%
Water $50 2%

Rent in Henry County

Fair Market Rents by bedroom count.

Studio
$656
per month
1 bedroom
$678
per month
2 bedroom
$890
per month
3 bedroom
$1,211
per month
4 bedroom
$1,375
per month

Source: HUD FMR FY2025

Income and earnings in Henry County

Annual earnings figures from the Census ACS.

Household income
$64,604
per year
Individual earnings
$36,720
per year
Per capita
$31,084
per year

Source: ACS 2019-2023 5-Year.

Home values in Henry County

Average values reported by homeowners.

Average home value
$148,600
Annual property tax
$2,394

Source: ACS 2019-2023 5-Year

Energy costs in Henry County

Estimated monthly electricity and gas costs.

Electricity
$134
per month · 15.8¢/kWh
Natural gas
$61
per month
Annual total
$2,340
per year

Source: EIA

Healthcare in Henry County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
4.5%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Henry County

State and local tax rates for Iowa.

State income tax
5.7%
Top marginal rate
State sales tax
6.0%
Combined sales tax
6.9%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Henry County

Commute patterns and estimated costs.

Average commute
18.8 min
Drive alone
80.7%
Public transit
0.0%
Work from home
7.1%

Source: ACS

Monthly cost estimates for Henry County

What it costs to live in Henry County each month.

Single person
$2,623
per month
  • Rent $678
  • Energy $195
  • Water $50
  • Groceries $315
  • Transport $320
  • Healthcare $480
  • Federal tax $436
  • State tax $149
Couple
$3,999
per month
  • Rent $890
  • Energy $234
  • Water $60
  • Groceries $522
  • Transport $420
  • Healthcare $864
  • Federal tax $727
  • State tax $282
Family
$6,444
per month
  • Rent $1,211
  • Energy $292
  • Water $70
  • Groceries $792
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $727
  • State tax $282

Frequently asked questions about Henry County

Common questions about cost of living, rent and salary.

What is the average rent in Henry County?

In Henry County, IA, a one-bedroom apartment averages $678 per month, a two-bedroom averages $890 per month, a three-bedroom averages $1,211 per month, according to HUD Fair Market Rent data.

What is the average salary in Henry County?

In Henry County, IA, the average household income is $64,604 per year and individual earnings for full-time workers average $36,720 per year, according to U.S. Census Bureau data.

What is the cost of living in Henry County?

The estimated cost of living in Henry County, IA is approximately $2,623 per month for a single person, $3,999 for a couple, $6,444 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Henry County?

The combined sales tax rate in Henry County, IA is 6.94%, which includes the Iowa state rate of 6.00% plus an average local rate of 0.94%.

Is Henry County an affordable place to live?

Based on the data, a single person in Henry County, IA would need approximately $2,623 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $64,604 per year ($5,384 per month). Henry County is relatively affordable compared to the national average.

How much does healthcare cost in Henry County?

The ACA marketplace benchmark premium in Henry County, IA is approximately $480 per month for an individual. Approximately 4.5% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Henry County?

The average home value in Henry County, IA is $148,600, with average annual property taxes of $2,394, according to U.S. Census Bureau data.

How does Henry County compare to other areas?

You can compare Henry County, IA with any other US county using our comparison tool at /compare. Henry County is in Iowa.

Other counties in Iowa

Browse the full list of counties in Iowa, ranked by cost of living.

See all counties in Iowa

Compare Henry County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources