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Cost of living, pay and housing

36.97° N · 79.87° W · GEOID 5136445

Henry Fork

Franklin County, Virginia · part of the Roanoke, VA metro

Limited data population under 5,000

VirginiaHenry Fork, VAHenry ForkHenry Fork

The short answer

Henry Fork is home to 805 people. Median household income is $70,150 a year and median rent is $613 a month, 10.5% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $118,800, about 1.7x annual median household income.

Median gross rent
$613
55% below the median place
Median household income
$70,150
13% below the median place
Median home value
$118,800
63% below the median place
Unemployment
0.0%
below the median place (median 4.9%)

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Henry Fork

  • Between the 2019 and 2024 surveys, household income rose 14.9% a year while rent rose -0.6%, so pay gained on rent more than in 99% of the 2,476 places under 10,000 people we track. It is the lowest of 195 Virginia places.
  • Median rent is $613 a month, lower than in 99% of places its size. It is the lowest of 195 Virginia places.
  • Unemployment averaged 0.0% over the survey period, lower than in 99% of places its size. It is the lowest of 160 Virginia places.
  • The median home is worth 1.7 years of the median household's income, fewer than in 98% of places its size. It is the lowest of 195 Virginia places.
  • Households average 1.98 people, smaller than in 94% of places its size.
01

Moving to Henry Fork

Franklin County gains about 10.6 residents per 1,000 a year to moves between counties.

Moved in2,386
Moved out1,920
Net+466

Where people come from and where they go, top counties

Pittsylvania County, VA40400

Within Virginia, other states or abroad

Arrivals
Leavers
Within VirginiaOther states

Income per tax return

Arrivals$79K
Leavers$71K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Franklin County; flows under 20 returns are not published.

Who moves here
5.0% of residents arrived from another county in the past year, 0.0% from another state. County figure.
Who arrives and who leaves
Households moving into Franklin County report $79,400 a year in income on average; those leaving, $71,100, so newcomers earn more than leavers.
Income you would need
$24,500 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $613 a month; owners with a mortgage pay $1,408 a month including taxes and insurance, on a median home of $118,800.
Getting to work
30 minutes each way on average; 12.5% work from home.
If it is close but not quite
Cherokee, IA matches it on character. Compare the two
Moved from another state1
0.0%
below the median place (median 2.0%)
Net movers per 1,000 people6
10.6
above the median place (median -0.6)
Income of households moving in6
$79,356
12% above the median place
All 5 moving measures
MeasureHenry ForkAmong 6,645 placesVs median
Moved here in the past year1County figure5.0%13% below
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people6County figure10.6above (median -0.6)
Income of households moving in6County figure$79,35612% above
Income of households moving out6County figure$71,1031% above
02

What it costs to live here

Median gross rent is $613, 55% below the median place.

Henry Fork10.5%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$24,520
a year, at the 30% line
Rent to income
10.5%
49% below the median place
Home price to income
1.7x
56% below the median place

Could you afford it?

The median rent would take
11%
comfortably under the 30% line
Left after rent, in US prices
$64,800
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Henry Fork, $613 a month, and local prices for everything else (96.7 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Henry Fork.

Sponsored · exampleMoving to Henry Fork? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Property tax paid (median)1
$517
84% below the median place
Median home value1
$118,800
63% below the median place
Property tax rate1
0.4%
52% below the median place
All 15 cost and housing measures
MeasureHenry ForkAmong 6,645 placesVs median
Median gross rent1$61355% below
Rent to income110.5%49% below
Property tax rate10.4%52% below
Home price to income11.7x56% below
Prices vs US average2Metro figure93.67% below
Fair market rent, 2 bedrooms3County figure$1,08033% below
Property tax paid (median)1$51784% below
Median home value1$118,80063% below
Home prices, 1-year change4County figure6.2%94% above
Home prices, 5-year change4County figure64.2%25% above
Homeownership153.1%20% below
Renters paying 30%+1County figure31.3%38% below
Owner costs with a mortgage1County figure$1,40825% below
Vacant homes1County figure19.0%170% above
Median year built119810% above
03

Work and pay

Unemployment is 0.0%, below the median place (median 4.9%).

Unemployment1
0.0%
below the median place (median 4.9%)
Commutes by transit1
0.0%
below the median place (median 0.8%)
Income per person1
$29,262
27% below the median place
All 10 work and pay measures
MeasureHenry ForkAmong 6,645 placesVs median
Median household income1$70,15013% below
Income per person1$29,26227% below
Unemployment10.0%below (median 4.9%)
Average annual pay5County figure$49,01226% below
Pay growth, 1 year5County figure4.9%32% above
Jobs5County figure15,81090% below
Poverty rate1County figure12.7%17% above
Mean commute1County figure30 min21% above
Works from home1County figure12.5%0% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Homes with broadband is 56.8%, 39% below the median place.

Homes with broadband1
56.8%
39% below the median place
Household size1
2.0
21% below the median place
High school or higher1
82.6%
11% below the median place
All 8 people measures
MeasureHenry ForkAmong 6,645 placesVs median
Population18056646th largest
Median age143.211% above
Bachelor's or higher1County figure25.1%22% below
High school or higher182.6%11% below
Household size12.021% below
Born abroad1County figure2.1%76% below
No health insurance1County figure6.8%6% above
Homes with broadband156.8%39% below
05

Life in Henry Fork

32 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars13.8 −34%
Shops34.3 +13%
Arts, recreation and fitness3.4 −17%
Doctors' offices and clinics10.3 −49%
Child care centers1.3 −43%

Counts businesses with paid staff, so small owner-run shops are not included.

Students per teacher9
10.9
29% below the median place
Doctors' offices and clinics per 10k7
10.3
49% below the median place
Child care centers per 10k7
1.3
43% below the median place
All 9 schools and local life measures
MeasureHenry ForkAmong 6,645 placesVs median
Public schools9County figure1233% above
Public school students9County figure6,10925% above
Students per teacher9County figure10.929% below
Restaurants and bars per 10k7County figure13.834% below
Shops per 10k7County figure34.313% above
Arts, recreation and fitness per 10k7County figure3.417% below
Doctors' offices and clinics per 10k7County figure10.349% below
Child care centers per 10k7County figure1.343% below
National Register listings8County figure32146% above
06

Safety, weather and risk

Heat wave risk is 25.4, 72% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Henry Fork. Larger places are fetched first.

Heat wave risk11
25.4
72% below the median place
Natural hazard risk11
42.7
54% below the median place
Tornado risk11
17.9
78% below the median place
All 11 weather and risk measures
MeasureHenry ForkAmong 6,645 placesVs median
July average high10County figure87°F0% below
January average low10County figure27°F6% above
Average temperature10County figure56°F3% above
Annual precipitation10County figure46.3 in6% above
Natural hazard risk11County figure42.754% below
Hurricane risk11County figure69.22% below
Tornado risk11County figure17.978% below
Wildfire risk11County figure38.138% below
Heat wave risk11County figure25.472% below
Median air quality index12Metro figure3714% below
Good air days12Metro figure82.7%21% above
08

Henry Fork in 2030: where the trends point

If recent trends hold, the median rent will take about 10% of the median income in 2030, down from 10% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$613/mo (2024)$760/mo$630 to $930/mo+3.8%
Median household income$70,150 (2024)$93,500$79,000 to $110,500+4.9%
Median home value$118,800 (2022)$172,000$118,000 to $248,000+4.7%

The median home would be worth 1.8 years of the median income in 2030, against 1.7 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Henry Fork

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Cherokee, IA$728$61,750Compare
Carroll, IA$722$69,706Compare
New Martinsville, WV$688$60,946Compare
West Mifflin, PA$780$76,563Compare
West Mifflin, PANew Martinsville, WVCarroll, IACherokee, IAHenry Fork, VAHenry ForkCherokeeCarrollNew MartinsvilleWest MifflinHenry ForkCherokeeCarroll

Common questions

Is Henry Fork a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2024 surveys, household income rose 14.9% a year while rent rose -0.6%, so pay gained on rent more than in 99% of the 2,476 places under 10,000 people we track. It is the lowest of 195 Virginia places. Median rent is $613 a month, lower than in 99% of places its size. It is the lowest of 195 Virginia places. See how it ranks with your own weights.

Is Henry Fork expensive to live in?

The median rent takes 10.5% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $118,800.

What salary do you need to live in Henry Fork?

To rent the median home without spending more than 30% of income on rent, a household needs about $24,520 a year. Work it out from your current city.

What places are similar to Henry Fork?

On income, rent, home value, education and age, the closest matches are Cherokee, IA, Carroll, IA, New Martinsville, WV and West Mifflin, PA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  7. County Business Patterns · US Census Bureau · 2023 data
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  12. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Henry Fork with places of a similar size, using only figures measured for Henry Fork itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/henry-fork-virginia

Citytistics. “Henry Fork, Virginia.” Data as of 2026-11-14. https://www.citytistics.com/city/henry-fork-virginia/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.