Hanover Park, IL Profile: Facts & Data

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Hanover Park, Illinois - Basic Facts

The Village of Hanover Park had a population of 37,737 as of July 1, 2020. Hanover Park ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Hanover Park is located at latitude 41.9995 and longitude -88.1451 in DuPage County. The formal boundaries for the Village of Hanover Park encompass a land area of 6.33 sq. miles and a water area of 0.1 sq. miles. DuPage County is in the Central time zone (GMT -6). The elevation is 804 feet.

The Village of Hanover Park (GNIS ID: 2398244) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Hanover Park is located within Township of Hanover, a minor civil division (MCD) of DuPage County.


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Hanover Park, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 37,737 (100%)
Population in Households 37,698 (99.9%)
Population in Families 33,654 (89.2%)
Population in Group Quarters1 39 ( 0.1%)
Population Density 5,954
Diversity Index2 82
 
 

INCOME

Median Household Income $78,912
Average Household Income $95,312
% of Income for Mortgage4 11%
Per Capita Income $28,025
Wealth Index5 103
 

HOUSING

Total HU (Housing Units) 11,521 (100%)
Owner Occupied HU 8,640 (75.0%)
Renter Occupied HU 2,249 (19.5%)
Vacant Housing Units 632 ( 5.5%)
Median Home Value $197,849
Average Home Value $212,813
Housing Affordability Index3 181
 

HOUSEHOLDS

Total Households 10,889
Average Household Size 3.46
Family Households 8,864
Average Family Size 4
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.07% -0.21%
Households -0.03% -0.19%
Families -0.15% -0.24%
Median Household Income   1.25%
Per Capita Income   2.16%
Owner Occupied HU   -0.12%

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Hanover Park, IL - Peer Comparisons by Rank and Percentile

The table below compares Hanover Park to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 49 96th
Population Density # 27 98th
Median Household Income # 234 83rd
Housing Affordability Index # 355 26th
Per Capita Income # 793 42nd
Diversity Index # 17 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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