Hanover Park village, Illinois Demographics & Population 2026

Population Overview

Hanover Park village is a mid-sized community located in Illinois. The total population is 36,850. It ranks as the 49th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Hanover Park village is 35.0 years. This is 10% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Hanover Park village is $92,263. This is 13% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 17% higher. The poverty rate stands at 13.7%. This is 17% higher than the state poverty rate of 11.7%. The unemployment rate is 4.5%. This is 22% lower than the state rate of 5.8%. The median home value is $260,900. Housing costs are 4% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.8x, Hanover Park village is one of the most affordable housing markets in the area. 76.0% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 66.8%.

Race & Ethnicity

Hanover Park village is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 31.1%. The Hispanic or Latino population is significantly higher than the state average (39.0% vs 18.5%). The Asian population is significantly higher than the state average (19.4% vs 5.8%).

Education

29.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.0%.

Data Sources & Methodology

All demographic data for Hanover Park village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.