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Economy in McHenry township, Illinois

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMcHenry township, ILUnited States
Unemployment Rate8.90%9.10%
Recent Job Growth-0.93%-0.12%
Future Job Growth29.24%31.25%
Sales Taxes6.50%6.80%
Income Taxes3.00%6.25%
Income per Cap.$28,355$27,067
Household Income$66,807$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.98%12.10%
Income between 15K and 25K6.32%10.18%
Income between 25K and 35K8.51%10.56%
Income between 35K and 50K13.64%14.98%
Income between 50K and 75K23.37%19.53%
Income between 75K and 100K18.34%12.52%
Income between 100K and 150K17.91%12.14%
Income between 150K and 250K3.11%3.91%
Income between 250K and 500K2.47%3.34%
Income greater than 500K0.34%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.39%13.81%
Professional and Related Occupations19.80%22.68%
Service14.34%14.51%
Sales and Office28.38%25.22%
Farming, Fishing, and Forestry0.23%0.68%
Construction, Extraction, and Maintenance14.03%9.37%
Production, Transportation, and Material Moving21.77%15.86%
Median Household Income

The unemployment rate in McHenry township, IL, is 8.90%, with job growth of -0.93%. Future job growth over the next ten years is predicted to be 29.24%.

McHenry township, IL Taxes

McHenry township, IL,sales tax rate is 6.50%. Income tax is 3.00%.

McHenry township, IL Income and Salaries

The income per capita is $28,355, which includes all adults and children. The median household income is $66,807.


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