Zip 60033 (Harvard, IL) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Harvard, Illinois is a small city located in McHenry County with a population of 6,621 as of the 2020 census. It has an affordable housing market compared to other cities in the US with 2 Bedroom Rent at $1,210 per month and a Grocery Cost Index of 94 versus 100 for the nation as a whole. Harvard is also home to several local businesses such as Salgado’s Bakery, Harvard's Dairy Queen Grill & Chill, and The Big Apple Pizzeria & Sports Pub. For those looking for employment opportunities close to home, these places provide great job prospects. Shopping options include Ace Hardware and Family Dollar while dining options include Riefe's Restaurant and The Outpost Bar & Grill. With its rich history and vibrant culture Harvard offers something for everyone!

Harvard (zip 60033) has an unemployment rate of 5.9%. The US average is 6.0%.

Harvard (zip 60033) has seen the job market decrease by -9.5% 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 Harvard (zip 60033)
- The Sales Tax Rate for Harvard (zip 60033) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Harvard (zip 60033) 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 Harvard (zip 60033)
- The average income of a Harvard (zip 60033) resident is $26,592 a year. The US average is $37,638 a year.
- The Median household income of a Harvard (zip 60033) resident is $64,039 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarvard, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

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

© Best Places. All rights reserved.