ExecutivePulse
Official Federal Data

Henry County, Tennessee

FIPS 47079 · Paris, TN · Population 32,412
9 Sources Updated June 22, 2026
$50,613
Median Income
$80,734 national
4.1%
Unemployment
4% national
$1.7B
GDP
19.1%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$50,613
Per Capita
$30,246
Mean Household
$69,597
Poverty Rate
18.3%
Median Income Comparison
Henry County$50,613
Tennessee$69,595
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 24% (7,766 residents) 55-64: 15.2% (4,930 residents) 35-54: 22.8% (7,379 residents) 18-34: 18.2% (5,898 residents) Under 18: 19.9% (6,439 residents) 46 Median Age
Cohorts
Under 18 · 19.9%
18-34 · 18.2%
35-54 · 22.8%
55-64 · 15.2%
65+ · 24%
Race & Ethnicity
White86.7%
Black or African American6.6%
Asian0.6%
Hispanic or Latino(any race)3%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
89.2%
High School+
National: 89.6%
▼ 0.4 pts
19.1%
Bachelor's+
National: 35.7%
▼ 16.6 pts
6.5%
Graduate+
National: 14.1%
▼ 7.6 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
32,412
Population
13,921
Labor Force
Employed
13,215
Unemployment Rate BLS LAUS 2025 annual
4.1% ▲ +0.1 pts YoY
Mean Commute 5 min below national avg
21.6 min
Work From Home vs 15.1% national
7.2%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Elevated poverty: At 18.3%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 16.6 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 46 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$1.7B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Henry County, Tennessee, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Manufacturing
2,410 29.7%
$55,442
2Retail Trade
1,680 20.7%
$39,702
3Health Care and Social Assistance
1,087 13.4%
$49,257
4Accommodation and Food Services
967 11.9%
$18,555
5Wholesale Trade
474 5.8%
$53,184
6Construction
429 5.3%
$52,260
7Administrative and Support and Waste Management
405 5.0%
$50,545
8Finance and Insurance
350 4.3%
$68,486
9Other Services (except Public Administration)
213 2.6%
$37,084
10Real Estate and Rental and Leasing
98 1.2%
$44,381
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Key Takeaways
  • Largest sector: Manufacturing employs 2,410 workers (29.7% of tracked sectors), at an average wage of $55,442.
  • Economic scale: Regional GDP of $1.7B (2024).
  • Wage stratification: Finance and Insurance averages $68,486 while Accommodation and Food Services averages $18,555, a 3.7x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Plastics and Rubber Products Manufacturing
12.35x
657
Fabricated Metal Product Manufacturing
3.42x
370
Wood Product Manufacturing
3.31x
101
Building Material and Garden Supply Retailers
3.04x
316
1.95x
3,357
General Merchandise Retailers
1.91x
469
Gasoline Stations and Fuel Dealers
1.91x
152

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
3,357
Cluster Employment
1.95x
Peak LQ
Concentrated Sub-Sectors
Plastics and Rubber Products Manufacturing
12.35x 657
Fabricated Metal Product Manufacturing
3.42x 370
Wood Product Manufacturing
3.31x 101
Building Material and Garden Supply Retailers
3.04x 316
1.95x 3,357
General Merchandise Retailers
1.91x 469
Gasoline Stations and Fuel Dealers
1.91x 152

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.38x
Social Assistance
142 employed
0.43x
Real Estate
60 employed
0.47x
Accommodation
69 employed
Key Takeaways
  • Top specialization: Plastics and Rubber Products Manufacturing concentrates at 12.35x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 7 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 6 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Henry County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$160,200
Median Home Value vs 2019
$761
Rent/Mo
73.5%
Owner-Occ
21.3%
Vacancy
3.2x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$719/mo
1 Bedroom
$723/mo
2 Bedroom
$949/mo
3 Bedroom
$1,138/mo
4 Bedroom
$1,322/mo
30% of monthly median household income (~$1,265/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.2x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 73.5% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 21.3% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,265/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
18,207
Working Age (18-64) vs 2019
Mean Commute 5 min below national avg
21.6 min
Work From Home vs 15.1% national
7.2%
Prime-Age Employed (25-54)
72.8%
of prime-age population
Labor force participation rate: 53.6% of working-age population (18-64) 54% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
19.1%
HS Diploma+
89.2%
Regional / Statewide Institutions
Total credentials awarded
26,245/yr
The University of Tennessee-Knoxville 8,049/yr
University of Memphis 4,862/yr
Middle Tennessee State University 4,677/yr
East Tennessee State University 3,604/yr
The University of Tennessee-Chattanooga 2,551/yr
Tennessee Technological University 2,502/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
27.1%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
31.6%
Service
15.9%
Sales & Office
19.9%
Construction / Maint.
10.5%
Production / Transport
22.2%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 13,215 employed workers.
Key Takeaways
  • Succession risk is real: 27.1% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Low participation: 53.6% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
  • Short commutes: 21.6-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 17,588 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Henry County shows strong potential for plastics and rubber products manufacturing attraction, with a 12.35x concentration and 657 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 27.1% of the working-age population within 10 years of retirement age.

The interconnected base across plastics and rubber products manufacturing, fabricated metal product manufacturing, and wood product manufacturing creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Henry County, Tennessee, from federal data sources.

What is the population of Henry County, Tennessee?

32,412 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Henry County, Tennessee?

$50,613 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Henry County, Tennessee?

4.1% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Henry County, Tennessee?

$1.7B (U.S. Bureau of Economic Analysis, CAGDP1).