McHenry County, Illinois Income Statistics
McHenry County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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B
McHenry County Around averageAmong the top 5 wealthiest counties in Illinois
Source: Map AI Methodology
Income Statistics Overview
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Median Household Income | $105,514 | $84,042 | $80,455 |
| Median Personal Income | $69,965 | $64,565 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.5% | 4.8% |
| Six-Figure Earners | 17.7% | 15.0% | 13.9% |
| $200k+ Households | 17.4% | 13.8% | 13.2% |
The median household income in McHenry County is about 26% higher than in Illinois. Income has been growing slower in McHenry County (3.6%/yr) than in Illinois (4.5%/yr).
About 18% of adults in McHenry County earn six figures ($100,000 or more) a year, higher than the Illinois average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in McHenry County, Illinois grew by 36.0% from 2009 to 2024, reaching $105,514 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in McHenry County
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.547 | 0.552 |
| Male Median Income | $82,409 | $73,933 | $69,667 |
| Female Median Income | $61,202 | $60,067 | $56,850 |
| Gender Pay Gap | 25.7% | 18.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In McHenry County, it is 0.521, lower than Illinois's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 35% more than women's income in McHenry County, Illinois. Over a 35-year career, a 35% wage gap accumulates to roughly $742,245 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in McHenry County, Illinois has narrowed from about 31% to 26% in 2024. Over that period the gap was widest at 32% in 2010, and was narrowest at 25% in 2022. In dollar terms, the gap has widened by $2,095 since 2009.
Employment
| Metric | McHenry County | Illinois Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.8% | 5.2% |
| Working from Home | 16.1% | 15.9% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 8,195 people are unemployed in McHenry County, Illinois.
The average commute time in McHenry County is 26 minutes, longer than the 23 minutes in Illinois.
Unemployment Rate Over Time
Since 2011, the unemployment rate in McHenry County, Illinois has fallen from 8.8% to 4.7% in 2024. Over that period the rate peaked at 10.3% in 2013 and fell as low as 4.1% in 2019.
McHenry County, IL Wealth Compared With Nearby Counties
McHenry County, IL is the 3rd largest of the 6 counties compared here, 312,591 residents against a local median of 105,657. The measure that sets McHenry County, IL apart most is median household income: $105,514, 24% above the local median of $85,291. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 3.6%/yr against a local median of 4.5%/yr, 20% below it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so McHenry County, IL is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread $41,112 on median household income, so McHenry County, IL sits at one end of an already wide local range rather than apart from it. McHenry County, IL has the 2nd highest median household income of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| McHenry County, IL | 312,591 | $105,514 #2/6 | 3.6%/yr #5/6 | 4.7% #2/6 | 0.521 #2/6 |
| Walworth County, WI | 105,657 | $82,758 | 5.0%/yr | 2.9% | 0.508 |
| Boone County, IL | 53,226 | $85,291 | 4.5%/yr | 7.4% | 0.530 |
| Kane County, IL | 517,214 | $103,524 | 4.6%/yr | 4.8% | 0.535 |
| DeKalb County, IL | 100,702 | $71,059 | 3.0%/yr | 6.8% | 0.551 |
| DuPage County, IL | 929,812 | $112,172 | 4.0%/yr | 4.9% | 0.533 |
Conclusion
Considering all these factors, McHenry County, Illinois has an overall wealth index grade of B, making it somewhat better than Illinois, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in McHenry County, Illinois.
How Rich Is McHenry County, Illinois?
McHenry County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $105,514, about 26% higher than the Illinois average of $84,042.
Are incomes growing in McHenry County, Illinois?
Between 2009 and 2024, the median household income in McHenry County, Illinois rose 36%, from $77,559 to $105,514. Over the same years, income here lagged behind Illinois as a whole: +36% against +52%.
What was the median household income in McHenry County in 2023?
In 2023, the median household income in McHenry County, Illinois was $103,190, up 3% from $100,085 in 2022. The Illinois median that year was $82,182.
What was the median household income in McHenry County in 2020?
In 2020, the median household income in McHenry County, Illinois was $89,396. By 2024 it had risen 18% to $105,514.
What is the Gini coefficient in McHenry County, Illinois?
The Gini coefficient in McHenry County is 0.521. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in McHenry County, Illinois?
Since 2009, the income gap between men and women in McHenry County, Illinois has narrowed from about 31% to 26% in 2024. Over that period the gap was widest at 32% in 2010, and was narrowest at 25% in 2022. In dollar terms, the gap has widened by $2,095 since 2009.
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