Last updated: 2024 BLS data · Page refreshed:
Hanover Park has a population of 36,732 with a median age of 35.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 36,732 |
| Median Age | 35.3 |
| White | 33.2% |
| Black or African American | 7.3% |
| Asian | 18.7% |
| Hispanic or Latino | 40.5% |
The median household income in Hanover Park is $91,763, which is 13.8% above the national median of $80,610. The per capita income is $33,213. The poverty rate is 12.5%.
The unemployment rate in Hanover Park is 5.6%, compared to the national rate of 4.1%.
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In Hanover Park, 83.5% of residents age 25+ have a high school diploma or higher, and 28.9% hold a bachelor's degree or higher (8.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 83.5% |
| Bachelor's Degree or Higher | 28.9% |
| Graduate or Professional Degree | 8.6% |
The median home value in Hanover Park is $274,200, below the national median of $303,400. The median monthly rent is $1,594. The homeownership rate is 77.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $274,200 |
| Median Monthly Rent | $1,594 |
| Homeownership Rate | 77.5% |
| Vacancy Rate | 2.9% |
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