Groundwork

Funeral services · Small-town market · Kentucky

Funeral homes in the Henderson, KY area

Competitor counts, household spending and official business counts for funeral homes in the Henderson, KY area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 51 out of 100: Upper middle

Ranked #172 of 365 scored small-town markets
#4 of 13 scored small-town markets based in Kentucky

Listings
7
0 chain locations (0%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$3.1M
On funerals · $132 a household
Spending per listing
$443K
35% below the U.S.
Listings per 10k households
3.0
43% above the U.S.
Population, 2025
57,184
−0.9% since 2020

See the funeral homes around any address in the Henderson area

The site report maps the funeral homes on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Henderson area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

At $132 per household (7% below the U.S. average), households in the Henderson area spend about $3.1M a year on funerals. Spread across 7 funeral homes, that is $443K per home, 35% below the U.S. figure of $679K.

There are 7 funeral homes on map listings in the Henderson area as of September 2026. None of them are chain locations, against 10% across the U.S. That comes to 3.0 for every 10,000 households, 43% above the U.S. rate of 2.1.

Official counts show 4 businesses with payroll classed as funeral homes and funeral services in the Henderson area in 2023. That is one for every 5,861 households, against one for every 8,510 across the U.S.

Between 2020 and 2025, the population of the Henderson area declined 0.9%, against +3.1% for the U.S. The Henderson area scores 51 (upper middle) on the Groundwork market score for funeral homes, ranking #172 of 365 scored small-town markets and #4 of 13 scored small-town markets based in Kentucky.

How the Henderson area compares

The same measures for Kentucky and the whole U.S. Spending per listing divides a year of household spending on all funerals by the funeral homes counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Funeral homes in Henderson, KY area compared with Kentucky and the U.S.
MeasureHenderson areaKentuckyU.S.
Listings per 10k households3.03.22.1
Spending per listing$443K$415K$679K
Households per official establishment5,8614,9318,510
Official establishment growth, 2019–2023n/a−2.6%−1.7%
Population growth, 2020–2025−0.9%+2.2%+3.1%
Spending per household on funerals$132$134$143
Median household income$59,053$63,726$80,734
Groundwork market score5117

Official counts and lending

Businesses

Official establishments, 2019 to 2023
4
Employees, 2023
22
Annual payroll, 2023
$898K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
70 chain locations
Listings at the U.S. rate for this spending
5The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as funeral homes and funeral services in the Henderson area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Henderson area

Population, 2025 estimate
57,184−0.9% since 2020
Households
23,445
Median age
41.6
Homes lived in by their owners
67%
Vehicles per household
1.8
Land area
768 sq. mi.
People per square mile
74
Median household income
$59,053
Average household income
$74,867
Median home value
$161,700
Jobs located here
20,779
Daytime population
52,552Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Henderson area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the funeral homes on map listings by name and distance.

Or open the report at the center of the Henderson area. Signed out, you see a blurred preview; on an account, each report is one action.

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Funeral homes across Kentucky

Every Kentucky market ranked →

The highest-scoring small-town markets in Kentucky for funeral homes, numbered among those based in Kentucky, with the Henderson area marked.

Top small-town markets in Kentucky

Small-town markets in Kentucky ranked for funeral homes by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Somerset, KY8062.3$692K+3.5%#30 of 365
2Richmond-Berea, KY70112.2$556K+7.0%#61 of 365
3Frankfort, KY61103.1$403K+3.1%#113 of 365
4Henderson, KY5173.0$443K−0.9%#172 of 365
5Murray, KY4763.9$321K+4.9%#192 of 365
6Corbin, KY46193.4$412K+0.1%#194 of 365
7Glasgow, KY4694.1$350K+2.6%#200 of 365
8Mount Sterling, KY4295.0$284K+3.1%#229 of 365
9Campbellsville, KY4196.1$251K+3.4%#240 of 365
10Danville, KY35115.1$291K+3.6%#277 of 365

Other business types in the Henderson area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many funeral homes are in the Henderson, KY area?

As of September 2026, map listings count 7 funeral homes in the Henderson area. None of them are chain locations. The listings count funeral homes, mortuaries and cremation services. Official counts show 4 businesses with payroll classed as funeral homes and funeral services in 2023.

How much do households in the Henderson, KY area spend on funerals?

About $3.1M a year, or $132 per household. That is 7% below the U.S. average (an index of 93, where 100 is the U.S. average). Spread across the 7 funeral homes on map listings, it comes to $443K per home. It is estimated from the incomes of the 23,445 households in the Henderson area and national spending patterns by income.

How does the Henderson, KY area compare with the U.S. for funeral homes?

The Henderson area has 3.0 funeral homes per 10,000 households, 43% above the U.S. rate of 2.1. Spending per home is $443K, 35% below the U.S. figure of $679K. At the U.S. ratio of funeral homes to household spending, the Henderson area would have about 5, against 7 on map listings. There is one business with payroll in the industry for every 5,861 households, against one for every 8,510 across the U.S.

How fast is the Henderson, KY area growing?

Population estimates put the Henderson area at 57,184 people in 2025, down 0.9% since 2020, against +3.1% for the U.S. It has 23,445 households. The median household income in the Henderson area is $59,053 a year, 27% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Henderson area scores 51 for funeral homes (upper middle), #172 of 365 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Henderson area. It maps the funeral homes on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for funeral homes · All 56 business types in the Henderson area

Screening a site or an acquisition in the Henderson area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Henderson area. Signed out, you see a blurred preview; on an account, each report is one action.

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

Figures are estimates for research only. Not investment or real estate advice.