Everything You Should Know Before Moving to Henry, IN
Considering a move to Henry, IN? This small city of about 4,100 residents offers affordable living, with median home prices around $120,000 and average rents of $765. Commute times are short at just over 21 minutes, and crime rates remain below the national average. Enjoy a friendly, close-knit community, access to local healthcare, and solid educational options, all set within Indiana’s four-season climate and 57% sunny days per year.
Demographics - Henry, IN
Henry, IN is a small, close-knit community of approximately 4,100 residents, with a predominantly White population and a median age of 41.7 years. The area has a balanced gender ratio and a low percentage of non-English speakers, making it welcoming for families and individuals alike.
Population:
4,094
Density:
1,050 per sq mi
Median Age:
41.7
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
2.8%
Ethnic Composition
White:
94.2%
Black:
2.1%
Asian:
0.7%
Others:
3.0%
Cost Of Living
What is the average cost of living in Henry, IN?
Living in Henry is budget-friendly, with median home values around $120,000 and average rents at $765 per month. The overall cost of living index is well below the national average, making it an attractive choice for those seeking affordability in housing, utilities, and groceries.
Median House Value:
$120,000
Gross Rent:
$765
Monthly Electricity Charges:
$115
Auto Insurance:
$1,150
House Owner Cost With Mortgage:
$1,025
House Owner Cost Without Mortgage:
$415
State Taxes:
Low:
3.23%
|
High:
5.75%
Cost Of Living Index:
78.2
Grocery:
92.4
Housing:
61.5
Utilities:
99.1
Transportation:
88.5
Health Care:
94.2
Miscellaneous:
85.3
Crime
Is Henry, IN a safe place to live?
Henry maintains a lower-than-average crime rate, with violent crime at 198 incidents per 100,000 people and property crime at 1,510 per 100,000. Residents enjoy a relatively safe environment and a strong sense of community security.
Violent Crimes Per 100k:
198
Property Crimes Per 100k:
1,510
Crime Index:
1,708
Chance Of Violent Crime:
1 in 505
Chance Of Property Crime:
1 in 66
Weather
What is the weather like in Henry, IN year-round?
Residents in Henry experience all four seasons, with cold winters averaging lows around 19°F and warm summers reaching highs near 85°F. The city enjoys about 57% sunny days annually and receives nearly 40 inches of rainfall per year, creating a comfortable Midwestern climate.
Winter
Min:
19°F
Max:
36°F
Spring
Min:
41°F
Max:
66°F
Summer
Min:
63°F
Max:
85°F
Fall
Min:
43°F
Max:
67°F
Average Rainfall Inches:
39.7 inches
Sunny Days Percentage:
57%
Neighbors
The median household income in Henry is $46,800, and most residents have at least a high school diploma. With a poverty rate of 15.6% and average commutes of just over 21 minutes, the area offers a modest but stable lifestyle with a strong sense of local connection.
Median Income:
$32,500
Household Income:
$46,800
Family Income:
$57,000
Per Capita Income:
$23,900
Income Male:
$38,000
Income Female:
$29,800
Poverty Rate:
15.6%
Non English Speakers:
2.8%
Rent:
$765
Unemployment Rate:
4.9%
Public Transport Usage:
0.5%
Commute Time:
21.3 minutes
Education
High School or Higher:
87.1%
Bachelors or More:
13.2%
Education
How are the schools in Henry, IN?
Henry provides a range of educational opportunities, including well-rated public and private schools with favorable student-teacher ratios. Nearby, higher education is accessible through Ivy Tech Community College and Ball State University, giving residents options for lifelong learning.
Public Schools
Name:
Tri Junior-Senior High School
Street:
6972 S State Road 103
Phone:
765-987-7882
Students:
400
Student Teacher Ratio:
13.5
Name:
Knightstown Elementary School
Street:
8632 S State Road 109
Phone:
765-345-2151
Students:
450
Student Teacher Ratio:
16.1
Private Schools
Name:
Agape Learning Center
Street:
320 S 14th St
Phone:
765-529-3693
Students:
110
Colleges
Name:
Ivy Tech Community College – New Castle
City:
New Castle
State:
IN
Distance:
7 miles
Students:
1,100
Name:
Ball State University
City:
Muncie
State:
IN
Distance:
27 miles
Students:
20,000
Healthcare
Henry offers solid healthcare access, with 91% of residents insured and the local Henry Community Health hospital providing emergency and general services. The area has a good physician-to-resident ratio, ensuring convenient medical care for families and individuals.
Major Hospitals
Name:
Henry Community Health
Address:
1000 N 16th St, New Castle, IN 47362
Phone:
(765) 521-0890
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.8
Health Insurance Coverage:
91.0%
Health Care Index:
69.8
Housing Market
What is the housing market like in Henry, IN?
The Henry housing market features median home prices around $120,000 and a high owner-occupancy rate of 67.5%. Home values have appreciated steadily, and rental vacancies remain moderate, making it a balanced market for both buyers and renters.
Median Home Price:
$120,000
Average Rent For 2 Bedroom:
$765
Owner Occupied Rate:
67.5%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
3.9%
New Construction Rate:
0.6%
Foreclosure Rate:
0.8%
DMV Information
Residents can access Indiana Bureau of Motor Vehicles services at a convenient location in nearby New Castle. The DMV offers standard licensing, registration, and title services for local drivers.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
601 S 14th St, New Castle, IN 47362
Phone:
888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.