Henry County, VA
Migration of people and income, 2022–2023 filing years
At a glance (2023)
Cost of living is the statewide price level for Virginia (state avg).
The cost of living runs about 1% above the national average. The median home is valued at $120,300 (nominal). Home prices have risen about 51% over the five years to 2023. Median rent is about $705 a month. Unemployment averaged 3.6% in 2023 (national 3.6%). Median household income is $48,445. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.
Between the 2022 and 2023 filing years, Henry County, VA saw a net gain of 73 tax-filing households and a net gain of 327 individuals. Against a population of about 49,702, that is a net inflow of about 6.6 per 1,000 residents. On net, the area lost $316K in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 273 households, came from Martinsville City; the largest outflow, about 252 households, went to Martinsville City. In the prior (2022) filing year, the area saw a net gain of 383 individuals. These figures cover federal income tax filers only and do not indicate why people moved.
+6.6 net people per 1,000 residents (population 49,702)
Income (AGI) in and out
Henry County within Virginia
Henry County is outlined, with arrows tracing its largest moves to and from other Virginia counties. Hover any county for its figures; click to open it.
Where movers came from
- 1Martinsville City, VA273$9.9M
- 2Patrick County, VA84$3M
- 3Franklin County, VA68$2.5M
- 4Rockingham County, NC65$2.2M
- 5Pittsylvania County, VA55$2.1M
- 6Guilford County, NC32$1.6M
- 7Roanoke City, VA24$789K
- 8Danville City, VA21$685K
Where movers went
- 1Martinsville City, VA252$8.5M
- 2Franklin County, VA75$3.8M
- 3Rockingham County, NC69$2.6M
- 4Patrick County, VA62$2.5M
- 5Guilford County, NC51$2.8M
- 6Pittsylvania County, VA35$1.6M
- 7Danville City, VA35$1.9M
- 8Roanoke City, VA21$694K
Churn by county · both directions at once
The biggest two-way exchanges of filing households, 2022–2023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.
| Martinsville City, VA | 273 | 252 | +21 | +$1.4M |
| Patrick County, VA | 84 | 62 | +22 | +$489K |
| Franklin County, VA | 68 | 75 | -7 | -$1.3M |
| Rockingham County, NC | 65 | 69 | -4 | -$412K |
| Pittsylvania County, VA | 55 | 35 | +20 | +$520K |
| Guilford County, NC | 32 | 51 | -19 | -$1.2M |
| Danville City, VA | 21 | 35 | -14 | -$1.2M |
| Roanoke City, VA | 24 | 21 | +3 | +$95K |
Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.
Net migration by year
| Year | Net AGI | Net people |
|---|---|---|
| 2012 | +$5.2M | +12 |
| 2013 | -$7.3M | -314 |
| 2014 | -$862K | -21 |
| 2015 | -$6.9M | -162 |
| 2016 | -$2.8M | +47 |
| 2017 | -$1.2M | +90 |
| 2018 | +$4M | +63 |
| 2019 | -$5.1M | -109 |
| 2020 | +$998K | +224 |
| 2021 | +$6.6M | +374 |
| 2022 | +$1.4M | +383 |
| 2023 | -$316K | +327 |
How big is this move, relative to the county?
In the 2022–2023 filing year, about 327 more people moved into Henry County, VA than left (counting tax filers and their dependents) — a net loss of about $316K in income (nominal) — in a county of 49,709 people.
The rate lets you compare Henry County, VA with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.
Components of population change · 2023 (Census)
Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.
Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.
The people of Henry County, VA
American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).
White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.
Housing · what it costs to live here (ACS 2019–2023)
A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.
Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.
Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.
Jobs and natural hazards
Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.
Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.
Elections
National maps →How Henry County, VA has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.
| Year | Democratic | Republican | Other | Margin | Total |
|---|---|---|---|---|---|
| 2024 | 8,457 | 16,800 | 156 | R +32.8 | 25,413 |
| 2020 | 9,127 | 16,725 | 253 | R +29.1 | 26,105 |
| 2016 | 8,198 | 15,208 | 700 | R +29.1 | 24,106 |
| 2012 | 10,317 | 13,984 | 662 | R +14.7 | 24,963 |
| 2008 | 11,118 | 13,758 | 339 | R +10.5 | 25,215 |
| 2004 | 9,851 | 13,358 | 249 | R +15.0 | 23,458 |
| 2000 | 8,898 | 11,870 | 695 | R +13.8 | 21,463 |
Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.
Get the next update for Henry County, VA
The IRS releases new migration data once a year. Drop your email and we will send the refreshed numbers when they land. No spam, unsubscribe anytime.