Crystal Lake, IL Economy


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Crystal Lake, IL is a vibrant town located in McHenry County. With an array of activities and businesses, it offers something for everyone. From outdoor activities such as fishing and kayaking at Crystal Lake to shopping at the numerous stores throughout the city, you can always find something to do. Popular attractions include Raue Center for the Arts which hosts performances and movies, as well as Three Oaks Rec Park offering hiking trails and outdoor sports fields. There are also several local companies to check out such as Orchard Orthodontics, The Sound Decision Audio Video Solutions and Peterson Beverage. With its affordable cost of living, friendly atmosphere and wide range of amenities, Crystal Lake is a great place to live or visit.

Crystal Lake has an unemployment rate of 4.9%. The US average is 6.0%.

Crystal Lake 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 27.9%, which is lower than the US average of 33.5%.

Tax Rates for Crystal Lake
- The Sales Tax Rate for Crystal Lake is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Crystal Lake 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 Crystal Lake
- The average income of a Crystal Lake resident is $34,041 a year. The US average is $28,555 a year.
- The Median household income of a Crystal Lake resident is $96,274 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrystal Lake, IllinoisUnited States
  4.96
  -9.5%-6.2%
  27.9%33.5%
  7.8%6.2%
  5.0%4.6%
  $41,507$37,638
  $96,274$69,021
  $109,211$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.5%6.8%
  13.1%10.0%
  3.5%2.5%
  11.1%11.0%
  4.5%4.8%
  0.4%0.8%
  2.1%1.9%
  5.5%4.7%
  1.7%1.9%
  7.7%7.6%
  0.3%0.1%
  4.4%4.2%
  9.3%9.3%
  11.4%14.0%
  3.1%2.1%
  7.2%7.0%
  5.0%4.8%
  3.0%4.7%
Reviews for Crystal Lake
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Over 10 years ago

Great area for recreational boating, fishing and biking. Great place to involve your kids as there are lots of opportunities' for football, baseball and dance. For  More

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Over 11 years ago

I have been living here for 12 years. It's a nice community with friendly people, but I hate the weather. It feels like winter is 6 months long with many overcast days,  More

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Over 11 years ago

A nice place to raise a family, but not a lot of diversity. We are looking to move from here and searching in the Colorado  More

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