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Hanover Park, Illinois Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Hanover Park, Illinois had a total population of 36,732, the 49th largest village in Illinois, with a median household income of $91,763, which is 10% higher than the state average. The poverty rate is 12.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hanover Park Quick Facts

Population 36,732
Median Household Income $91,763
Median Home Value $274,200
Poverty Rate 12.5%
Unemployment Rate 5.0%
Median Age 35.3 years
Homeownership Rate 77.5%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 28.9%
High School Graduation Rate 83.5%
Diversity Index 70/100
Population 36,732 49th of 1,445
Median Income $91,763 top 30%
Poverty Rate 12.5% about the same as national
Median Home Value $274,200 top 20%

How Hanover Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population36,85036,732-0.3%
Median household income$92,263$91,763-0.5%
Median home value$260,900$274,200+5.1%

How Hanover Park Compares

Economy & Housing

Household Income Distribution

Under $25K 11.4%
$25K-$50K 12.8%
$50K-$100K 31.4%
$100K+ 44.4%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
1.6%
$15K-$20K
2.5%
$20K-$25K
1.8%
$25K-$30K
1.4%
$30K-$35K
2.4%
$35K-$40K
2.6%
$40K-$45K
3.1%
$45K-$50K
3.3%
$50K-$60K
5.1%
$60K-$75K
8.9%
$75K-$100K
17.4%
$100K-$125K
12.4%
$125K-$150K
8.2%
$150K-$200K
13.8%
$200K+
9.9%

Employment

5.0% Unemployment Rate State: 5.8%|National: 5.2%
68.2% Labor Force Participation

Housing Overview

Owner 77.5%
Renter 22.5%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $1,594/mo 20.8% of median household income annually

People & Demographics

Diversity Index

70out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 61 | National average: 61

Education

Hanover Park Rankings in Illinois

#49 Population of 1,445
#305 Median Income of 1,374
#350 Education of 1,444
#210 Home Value of 1,372

Other Cities in Cook County

CityPopulationMedian IncomePovertyHome Value
Chicago 2,711,226 $77,902 16.8% $334,100
Elgin 114,934 $90,282 9.8% $273,000
Cicero 82,797 $70,842 14.6% $249,400
Schaumburg 76,868 $97,514 5.7% $330,400
Evanston 76,340 $96,434 11.8% $481,200
Arlington Heights 76,005 $116,723 6.0% $414,500
Palatine 66,293 $97,819 8.2% $355,600
Skokie 66,219 $95,337 9.7% $387,200
Des Plaines 59,156 $97,875 6.0% $335,600
Orland Park 57,916 $98,910 7.3% $367,200

Cities Similar to Hanover Park

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Addison35,489$90,431$341,30023.7%8.7%
Carpentersville37,346$86,917$234,10024.3%10.3%
Wheeling38,433$85,205$266,20040.8%10.0%
Streamwood39,001$101,218$271,20027.8%10.2%
Carol Stream39,460$102,309$335,00042.8%6.4%

Population Overview

Hanover Park is a mid-sized community located in Illinois, within Cook County. The total population is 36,732. It ranks as the 49th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Hanover Park is 35.3 years. This is 9% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Hanover Park is $91,763. This is 10% higher than the state median of $83,390. It is also 14% higher than the national median of $80,734. The poverty rate stands at 12.5%. This is 6% higher than the state poverty rate of 11.8%. The unemployment rate is 5.0%. This is 15% lower than the state rate of 5.8%. The median home value is $274,200. Housing costs are 4% higher than the state median of $263,300. The home-value-to-income ratio is 3.0x. 77.5% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 67.1%.

Race & Ethnicity

Hanover Park is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 30.2%. The Hispanic or Latino population is significantly higher than the state average (40.5% vs 18.8%). The Asian population is significantly higher than the state average (18.5% vs 5.9%).

Education

28.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.5%.

Data Sources & Methodology

All demographic data for Hanover Park, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hanover Park, Illinois?

Hanover Park, Illinois has a population of 36,732 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hanover Park, IL?

The median household income in Hanover Park is $91,763, which is 14% higher than the national median of $80,734.

What is the poverty rate in Hanover Park, IL?

The poverty rate in Hanover Park is 12.5%. This means approximately 4,557 residents live below the federal poverty line.

What is the racial makeup of Hanover Park, Illinois?

Hanover Park's population is 30.2% White, 7.2% Black, 40.5% Hispanic/Latino, and 18.5% Asian.

What is the median home value in Hanover Park, IL?

The median home value in Hanover Park is $274,200. The home-value-to-income ratio is 3.0x.

How educated is Hanover Park, Illinois?

28.9% of adults (25+) in Hanover Park hold a bachelor's degree or higher, and 8.6% hold a graduate or professional degree.