Zip 60051 (Mchenry, IL) Economy


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The city of McHenry, IL is a beautiful place to live with an abundance of local businesses and job opportunities. The average two bedroom rent in the area is $1,670 per month, which is slightly higher than the US average of $1,430 per month. Grocery prices are slightly lower here with a cost index of 96 versus 100 in the US.
Local employers include Medline Industries Inc., Spring Hill Suites by Marriott, Regency Furniture & Flooring, Papa John's Pizza, and Centegra Health System. Medline offers a variety of positions in healthcare manufacturing and sales support roles while Spring Hill Suites provides opportunities in hospitality customer service and housekeeping work. Regency Furniture & Flooring has job openings in retail sales associates, delivery drivers and furniture installers. Meanwhile Papa John's Pizza offers food service positions such as pizza makers and shift supervisors. Lastly Centegra Health System offers open positions for medical doctors, nurses, laboratory technicians and more across its hospitals in the area.

Mchenry (zip 60051) has an unemployment rate of 5.9%. The US average is 6.0%.

Mchenry (zip 60051) 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 (zip 60051)
- The Sales Tax Rate for Mchenry (zip 60051) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mchenry (zip 60051) 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 (zip 60051)
- The average income of a Mchenry (zip 60051) resident is $47,946 a year. The US average is $37,638 a year.
- The Median household income of a Mchenry (zip 60051) resident is $95,280 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%
  $47,946$37,638
  $95,280$69,021
  $111,161$85,028
  Population by Occupation
  1.2%1.2%
  0.1%0.5%
  11.5%6.8%
  15.7%10.0%
  3.7%2.5%
  11.6%11.0%
  3.5%4.8%
  0.6%0.8%
  1.5%1.9%
  4.3%4.7%
  1.4%1.9%
  7.2%7.6%
  0.3%0.1%
  3.2%4.2%
  9.9%9.3%
  10.0%14.0%
  1.0%2.1%
  5.7%7.0%
  5.1%4.8%
  2.5%4.7%
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