This data is based on ZIP code 60098, which covers Greenwood and Bull Valley and Woodstock.
The U.S. Census reports business data by ZIP code, not city boundaries. All numbers reflect the combined ZIP code 60098 area shared across these towns.
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Greenwood ZIP Area Economy · 2023
Wages +1% vs. avg. McHenry Co. town
Greenwood's ZIP area supports 10,569 jobs across 909 businesses, with workers earning an average of $57K per year, 1% above the McHenry County average. The economy is well-diversified (0.92 index), led by other services and retail trade. 89% of businesses have fewer than 20 employees, and each business employs an average of 11.6 people. Jobs grew 3.6% from the prior year while business count grew 0.8%.
Where Businesses Clusteri
Larger blocks have more businesses.
Local Specialization vs. McHenry Avg.i
Industries sorted by relative concentration in this ZIP area.
Business Size Distributioni
909 businesses by employee count. 89% are small businesses (under 20 employees).
Micro (<5)
Small (5-9)
Small (10-19)
Medium (20-49)
Medium (50-99)
Large (100-249)
Major (250-499)
Economic Densityi
2.00+
jobs per resident
Capped: ZIP includes employers outside city limits
11.6
employees per business
County avg: 11.6+0%
$1.2M
payroll per resident
$668K
payroll per business
Greenwood ZIP Area vs. Avg. McHenry Co. Towni
All Industries in ZIP Areai
| Sector | Greenwood ZIP | Avg. McHenry Co. | Spec. |
|---|---|---|---|
| Other Services | 119 | 71 | 1.3x |
| Retail Trade | 102 | 78 | 1.0x |
| Construction | 98 | 99 | 0.8x |
| Healthcare | 89 | 80 | 0.9x |
| Professional Services | 84 | 84 | 0.8x |
| Admin Services | 84 | 51 | 1.3x |
| Food & Accommodation | 69 | 55 | 1.0x |
| Manufacturing | 57 | 37 | 1.2x |
| Wholesale Trade | 49 | 40 | 1.0x |
| Transportation | 40 | 35 | 0.9x |
| Finance & Insurance | 31 | 38 | 0.7x |
| Real Estate | 31 | 28 | 0.9x |
| Arts & Entertainment | 16 | 14 | 0.9x |
| Information | 15 | 9 | 1.3x |
| Management | 6 | 4 | 1.2x |
| Education | 6 | 6 | 0.8x |