2025 Compare Cities Economy:
McHenry, IL vs Lake Placid, FL

Change Cities
Highlights
- Household income in Lake Placid, is 46% less than it is in McHenry and is 66% below the National Average.
- McHenry unemployment rate is 5.6%.
- Lake Placid unemployment rate is 6.2%.
 McHenry, ILLake Placid, FLUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth27.5%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$42,492  Unlock$37,638
 Household Income  Unlock$41,610$69,021
 Family Median Income$105,000  Unlock$85,028
 space
 Est. Households By Income
 McHenry, ILLake Placid, FLUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K2.5%  Unlock3.8%
 Income between 20K and 30K  Unlock21.9%8.1%
 Income between 30K and 40K9.0%  Unlock8.0%
 Income between 40K and 50K  Unlock21.2%7.6%
 Income between 50K and 60K6.4%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K11.9%  Unlock12.8%
 Income between 100K and 150K  Unlock11.5%16.3%
 Income between 150K and 200K9.0%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
 space1
 Population By Occupation
 McHenry, ILLake Placid, FLUnited States
 Management, business, finance15.7%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services0.9%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library7.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology4.1%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance3.1%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support23.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.8%0.6%
 Construction, extraction, maintenance/repair8.8%  Unlock8.1%
 Production, transportation, material moving  Unlock12.8%13.1%
Reviews for Mchenry    5 Reviews

I was transferred to Northern Illinois and I made the disastrous decision to put down roots in McHenry County, IL. As noted above, property taxes are the highest in all  More

   |    Reply

I've Lived in McHenry for over 23yrs and it is still not that bad of a place to live at. However, Crime has been on the rise, heroin and coke are a real problem in  More

   |    Reply

being a veteran of McHenry for over 20yrs. McHenry is a alright place to be, but heroin and coke are major problems there...crime is on the rise, doesn't seem to show a  More

   |    Reply

Start Your Review of Mchenry

Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

   |    Reply

Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

   |    Reply

Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

   |    Reply

Start Your Review of Lake Placid


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.