McHenry County, IL Economy


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McHenry County in Illinois is a great place to live. It has reasonable rental prices for two bedroom homes at $1,440, which is only slightly higher than the national average of $1,430. Additionally, grocery costs are cheaper than most places with an index of 97 versus the US average of 100.
When living in McHenry County you have access to a variety of activities and attractions. Popular local companies include Crystal Lake Brewing Company and McHenry Outdoor Theater as well as plenty of shopping and dining options throughout the county. If you're looking for some outdoor fun, visit the Glacial Park Conservancy or take a trip to Volo Bog State Natural Area. With so much to do it's easy to understand why McHenry County is such an attractive place to call home.

McHenry County has an unemployment rate of 5.9%. The US average is 6.0%.

McHenry County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for McHenry County
- The Sales Tax Rate for McHenry County is 7.4%. The US average is 7.3%.
- The Income Tax Rate for McHenry County is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for McHenry County
- The average income of a McHenry County resident is $33,118 a year. The US average is $28,555 a year.
- The Median household income of a McHenry County resident is $93,801 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcHenry, IllinoisUnited States
  5.96
  -9.5%-6.2%
  27.6%33.5%
  7.0%6.2%
  5.0%4.6%
  $43,047$37,638
  $93,801$69,021
  $108,681$85,028
  Population by Occupation
  0.7%1.2%
  0.1%0.5%
  8.0%6.8%
  15.2%10.0%
  3.5%2.5%
  12.4%11.0%
  4.3%4.8%
  0.6%0.8%
  1.6%1.9%
  5.2%4.7%
  1.4%1.9%
  7.0%7.6%
  0.2%0.1%
  3.9%4.2%
  9.3%9.3%
  11.3%14.0%
  2.0%2.1%
  5.4%7.0%
  4.8%4.8%
  3.1%4.7%
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