Despite their ecological importance, dry forests’ contribution to climate change adaptation is often neglected. Hence, this study was initiated to assess the socioeconomic contribution of dry forests to climate change adaptation in Tigray Region, Ethiopia. A mixed quantitative and qualitative research design was used to examine the role of dry forests in climate change adaptation. Household questionnaire survey, key informants, and a focus group discussion were used to collect data. The results indicated that 94% of all households visited a dry forest at least once a month to access the forest and forest products. While the dry forest income level varied significantly (p < 0.05), the overall dry forest income level contributed to 16.8% of the total household income. Dry forest income enabled the reduction of the area between the line of equality and the Lorenz curve by 21% in dry evergreen Afromontane Forest users, by 3.02% in Combretum–Terminalia woodland users, and by 3% in Acacia–Commiphora woodland users. Gender, occupation, wealth status, and distance from the forest to their homes are all factors that significantly affected Combretum–Terminalia woodland users’ income level. Among Acacia–Commiphora woodland users, the respondents’ age influenced the dry forest income level, whereas, among dry evergreen Afromontane Forest users, the family size of the household influenced the dry forest income level. The findings of this study could help policy makers understand the crucial role of dry forest income in the livelihood of the community and in climate change adaptation. Policymakers could reduce the pressure on dry forests by introducing policies that recognize the role of dry forest income in reducing poverty and income inequality and by establishing farmer cooperation in commercializing the non-timber forest products which support the long-term coping and adaptation strategy. Further research is needed to understand the increasing role of dry forest products in climate change adaptation over time and its contribution to the national economy at large.