McHenry County, Illinois

Income Data

+50% vs. Illinois average
$102,836
Median Household Income
$48,275
Per Capita Income

At a Glance

Median Household Income
$102,836
+50% vs. state avg
Per Capita Income
$48,275
+22% vs. national
Income-to-Housing Ratio
35.8%
income as % of home value
Rank in Illinois
#5 / 102
by median household income

How McHenry County Compares

McHenry County$102,836
Illinois Average$68,580
National Median$74,755

Detailed Income Statistics

$102,836
Median Household Income
$48,275
Per Capita Income
$286,900
Median Home Value
35.8%
Income-to-Housing Ratio

Data Story

About Household Income in McHenry County, Illinois

McHenry leads region with premium incomes

McHenry County's median household income of $102,836 exceeds the national median of $74,755 by $28,081, placing it in the top 15% of U.S. counties. McHenry families earn roughly 37% more than typical American households, reflecting a highly skilled workforce and affluent suburban economy.

McHenry dominates Illinois income rankings

At $102,836, McHenry County earns $34,256 more than Illinois's statewide median of $68,580, ranking it among the state's top 5 highest-income counties. This commanding lead reflects strong ties to Chicago-area professional services, technology, and corporate headquarters.

McHenry vastly outearns all peer counties

McHenry County ($102,836) outearns McLean ($78,329) by $24,507, Madison ($74,800) by $28,036, and all other featured peers by even larger margins. Its per capita income of $48,275—the highest among all counties examined—signals an economy dominated by high-earning professionals.

High incomes absorb premium home costs

McHenry's rent-to-income ratio of 15.8% remains healthy despite median home values reaching $286,900—the highest among featured counties. High household incomes make expensive properties manageable, though mortgage qualification requires strong credit and significant down payment reserves.

Leverage McHenry wealth for long-term gains

McHenry households earning $102,836 have substantial capacity to build wealth through diversified investments; directing even 10% of income into a 401(k), taxable brokerage, or real estate sidelines annual savings of $10,283. Engaging a fee-only financial advisor to optimize tax-advantaged strategies can accelerate multi-million-dollar wealth accumulation over career spans.

Frequently Asked Questions

What is the median household income in McHenry County, Illinois?
The median household income in McHenry County, Illinois is $102,836, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in McHenry County?
The per capita income in McHenry County is $48,275, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $102,836.
How does McHenry County compare to the Illinois average?
McHenry County's median household income of $102,836 is higher than the Illinois state average of $68,580. The per capita income is $48,275, compared to the state average of $36,009.
What is the per capita income in McHenry County, Illinois?
The per capita income in McHenry County, Illinois is $48,275, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is McHenry County income higher than the Illinois average?
McHenry County's median household income of $102,836 is higher than the Illinois average of $68,580. This difference of $34,256 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does McHenry County rank for income in Illinois?
McHenry County ranks #5 out of 102 counties in Illinois by median household income (1 = highest). With a median household income of $102,836 and per capita income of $48,275, it falls in the top third of counties statewide.

Income Comparison Calculator

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.