HomeIllinoisMcHenry CountyHarvard
Harvard, Illinois: commercial real estate data.
Harvard is a Census city of 9,598 people across 8.38 square miles of land, in McHenry County. Median household income is $67,617, 59.7 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $19.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Harvard
What Harvard is
- Census place typecity
- Land area8.38 sq mi
- Water area0 sq mi
- Population per square mile of land1,146
- County holding the largest share of its areaMcHenry County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Harvard
How many people live in Harvard
- Population9,598
- Median age28.0
- Population under 183,153
- Share under 1832.9 percent
- Population 65 and over1,051 plus or minus 220
- Share 65 and over11.0 percent
- Households3,125
- Family households2,258
- Share of households that are families72.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Harvard
Income and work in Harvard
- Median household income$67,617
- Per capita income$26,172
- Civilian labor force4,915
- Employed4,543
- Unemployed372 plus or minus 168
- Unemployment rate7.6 percent plus or minus 3.3
- Adults 25 and over5,290
- Adults 25 and over with a high school diploma or higher83.2 percent
- Adults 25 and over with a bachelor degree or higher18.7 percent plus or minus 4.6
- Adults 25 and over with a graduate degree4.3 percent plus or minus 1.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Harvard
Housing in Harvard
- Housing units3,285
- Occupied units3,125
- Vacant units160 plus or minus 103
- Vacancy rate4.9 percent plus or minus 3.1
- Owner occupied1,865
- Renter occupied1,260
- Ownership rate59.7 percent
- Median owner-occupied home value$175,400
- Median gross rent, monthly$1,183
- Annual rent as a share of median income21.0 percent
- Single family units2,375
- Share single family72.3 percent
- Units in buildings of two or more876 plus or minus 248
- Share in buildings of two or more26.7 percent plus or minus 7.1
- Mobile homes34 plus or minus 48
- Median year structure built1980
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Harvard
How Harvard gets to work
- Workers 16 and over who commute4,239
- Commuting under 15 minutes1,475 plus or minus 368
- Share commuting under 15 minutes34.8 percent plus or minus 7.7
- Commuting 30 minutes or more1,691 plus or minus 376
- Share commuting 30 minutes or more39.9 percent
- Drove alone71.9 percent
- Carpooled16.3 percent plus or minus 5.6
- Public transport0.0 percent
- Walked6.5 percent plus or minus 3.7
- Worked from home5.1 percent plus or minus 2.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Harvard
SBA loans in Harvard (7(a))
- Approvals18
- Gross approval$19,657,600
- Average approval$1,092,089
- Median approval$265,850
- Largest approval$4,995,300
- Jobs supported395
- Jobs per approval21.9
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more22.2 percent
- Share to franchises33.3 percent
- Distinct lenders11
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Harvard, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Harvard
SBA loans in Harvard (504)
- Approvals4
- Gross approval$3,361,000
- Average approval$840,250
- Median approval$838,500
- Largest approval$1,272,000
- Jobs supported36
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Harvard, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Harvard
Flood risk in Harvard
- NFIP communityCity of Harvard
- NFIP community number170479
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/16/06
The City of Harvard participates in the National Flood Insurance Program as community 170479 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
McHenry County, not Harvard
McHenry County context, not Harvard figures
- Establishments in McHenry County8,140
- Covered employment, McHenry County96,922
- Average annual pay, McHenry County$55,107
- Housing units permitted, McHenry County1,565
Every figure in this section is published for McHenry County as a whole and is not a measurement of Harvard.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Harvard questions, answered from the record.
How many people live in Harvard, Illinois?
9,598, in 3,125 households. Harvard city covers 8.38 square miles of land, which is 1,146 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Harvard in?
McHenry County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Harvard?
$67,617. The median owner-occupied home is valued at $175,400. Median gross rent is $1,183 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Harvard businesses?
18 7(a) approvals totaling $19.7 m since FY2020, across 11 lenders, median approval $265,850, plus 4 504 approvals worth $3.4 m since FY2010. These count approvals to borrowers whose address is in Harvard, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Harvard borrowers get paid back?
No rate is published for Harvard. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Harvard in the National Flood Insurance Program?
Yes. Harvard appears in the FEMA Community Status Book as Harvard, city of, community 170479, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Harvard figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for McHenry County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Harvard.
Is zoning published for Harvard?
No. Nothing on this page presents parcel level zoning.