Hanover Park, IL population, income and ZIP codes

Hanover Park village is a small city in Illinois, with 36,850 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #49 of 1,462 ranked by population — larger than 96% of them. The median age here is 35 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Hanover Park village earn a median of $92,263 a year, 17.5% above the national figure of $78,538 and 24% above the $74,244 median for the 698 Illinois cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 13.7% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Hanover Park village is valued at $260,900, 14% below the national figure and 46% above the $179,100 peer median, while median gross rent runs $1,478 a month, 5.1% above the national figure, or roughly $17,736 across a full year. A household on the local median income would put about 19.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.8×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 76% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Median income runs above the national figure while poverty also runs above it — a split distribution, not a uniformly comfortable place. Averages hide that; the two numbers together do not.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.