Labor Market
Chicago's northwest suburban labor market along Interstate-90 to Rockford is among the most robust in the Midwest.
Highly Educated
The region's percentage of college graduates significantly exceeds the Illinois average as well as the averages in surrounding states. The Huntley workforce area represents an even greater percentage. Those who reside in the Huntley workforce area and maintain at least a bachelor's degree represent nearly 38% of the workforce while those with advanced degrees represent nearly 14%. Employers in Huntley can choose from a greater number of recruits for higher skill level and management positions.
Top 10 High Tech Employment Metro Areas
The Chicago area is ranked among the top 10 metro regions in the number of high-tech employees. According to the Bay Area Council Economic Institute's December 2012 Technology Works: High Tech Employment and Wages report, the Chicago metro area is among the nation's top 10 largest number of technology workforce populations in the United States.
Lower Wages than the City of Chicago
Wages in the core of Huntley's labor market are significantly less than those in the City of Chicago and in many cases lower than wages in the Midwest's other major cities. Huntley and McHenry County employers enjoy significantly lower wages than other businesses in the Metro Chicago area. Based on information from the Illinois Department of Employment Security, McHenry County average wages are 3.27% lower than those in Kane, DeKalb and Kendall Counties, 12.45% lower than in DuPage County, 14.07% lower than Cook County and as much as 14.94% lower than in Lake County.
Stated another way, depending upon the Metro-Chicago area county in which a business may locate, the average annual cost of 25 employees could be $123,700 higher than that of a company located in McHenry County.
- 240 acres, fully improved
- build-to-suit sites from 1.81 to 17 acres
- custom designed office, industrial, and warehouse facilities
- 20,000 to 250,000 sf
- I-90 exposure, accessibility
