Living in McHenry, Illinois
Cost of living, income, home prices, rent and demographics of McHenry · Census data 2020–2024
McHenry has 28,074 residents with a median age of 43.9. The median household income is $86,315 (4% higher than the Illinois median), the median home value is $266,500, the median rent is $1,553/month.
McHenry at a glance
- Population
- 28,074
- Median age
- 43.9State: 39
- Median household income
- $86,315State: $83,390
- Median home value
- $266,500State: $263,300
- Median rent
- $1,553/moState: $1,274
- Homeowners
- 74.4%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 29 min
Is McHenry a good place to live?
Pros: Median household income 4% higher than the Illinois median; unemployment of 3.6%; a poverty rate of 4.7%.
Cons: Home values about the same as the state median; an average commute of 29 minutes.
The weather is best in June to September.
Cost of living in McHenry
Housing is the biggest part of the cost of living. In McHenry the median home value is $266,500, 20% lower than the U.S. median. Renters pay a median of $1,553 per month, which is 30.4% of household income. Homeowners with a mortgage pay $1,908 a month in housing costs.
McHenry median household income
The median household income in McHenry is $86,315 and the income per person is $45,734. 4.7% of residents live below the poverty line (Illinois: 11.8%).
Housing in McHenry: homes for sale and rent
- Housing units
- 12,095
- Owner-occupied
- 74.4%
- Renter-occupied
- 25.6%
- Vacant
- 1.6%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.33
McHenry demographics
- Population
- 28,074
- Median age
- 43.9
- Under 18
- 19.8%
- 65 and older
- 19.3%
- Households
- 11,897
- Foreign-born
- 8.4%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of McHenry ›
Education in McHenry
25.7% of adults 25 and older in McHenry have a bachelor's degree or higher (Illinois: 37.8%), and 7.7% have a graduate or professional degree.
Jobs and commute in McHenry
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 29 minState: 28 min
- Work from home
- 14.1%
- Drive alone
- 74.9%
- Public transit
- 0.9%
- Walk to work
- 1.1%
- Homes with broadband
- 96.2%
McHenry vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| McHenry | 28,074 | $86,315 | $266,500 | $1,553 |
| McCullom Lake | 1,017 | $72,791 | $178,600 | $1,443 |
| Bull Valley | 1,269 | $191,250 | $477,900 | $3,501 |
| Wonder Lake | 4,292 | $94,655 | $252,200 | — |
| Johnsburg | 6,386 | $121,023 | $328,300 | $1,128 |
| Holiday Hills | 634 | $74,083 | $220,600 | $1,850 |
| Ringwood | 730 | $143,750 | $386,400 | $1,025 |
| Prairie Grove | 2,165 | $141,389 | $467,600 | $1,917 |
| Lakemoor | 6,467 | $100,414 | $265,500 | $1,726 |
More for people moving to McHenry
McHenry ZIP code ›Weather and climate ›Living in McHenry: FAQ
What is the median household income in McHenry, IL?
The median household income in McHenry is $86,315, 4% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in McHenry?
The median home value in McHenry is $266,500, compared with $263,300 in Illinois.
How much is rent in McHenry?
The median gross rent in McHenry is $1,553 per month, about 30.4% of household income.
Is McHenry, IL a good place to live?
Pluses: median household income 4% higher than the Illinois median; unemployment of 3.6%; a poverty rate of 4.7%. Minuses: home values about the same as the state median; an average commute of 29 minutes.
What is the median age in McHenry?
The median age in McHenry is 43.9 years (Illinois: 39).
How long is the commute in McHenry?
The average commute to work in McHenry is 29 minutes; 14.1% of workers work from home.
What is the unemployment rate in McHenry?
The unemployment rate in McHenry is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is McHenry?
25.7% of adults in McHenry have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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