HomeIllinoisMcHenry CountyHarvard city
Harvard city, Illinois: commercial real estate data.
Harvard city 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.
80 sourced place values · tier FULL · 9 sections · 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$300,000
- Ninetieth percentile approval$4,491,100
- 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
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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$938,000
- Largest approval$1,272,000
- Jobs supported36
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Harvard
Flood risk in Harvard
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170479
- Currently effective map date11/16/06
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
McHenry County, not Harvard
McHenry County context, not Harvard figures
These are McHenry County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Harvard measurements.
- Establishments in McHenry County8,140
- Employment at those establishments, McHenry County87,684
- Covered employment, McHenry County96,922
- Average annual pay, McHenry County$55,107
- Average weekly wage, McHenry County$1,060
- Housing units permitted, McHenry County1,565
- Of those, single family, McHenry County887
- County product, 2024, McHenry County$15,982,773,000
- County product change over the prior year, McHenry County4.6 percent
- Average income of an arriving household, McHenry County$80,258
Every figure in this section is published for McHenry County as a whole and is not a measurement of Harvard. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $19.7 m, across 11 lenders, median approval $300,000, plus 4 504 approvals worth $3.4 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Harvard in the National Flood Insurance Program?
Yes. Harvard appears in the FEMA Community Status Book as 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 labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.