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Hanover Park

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Hanover Park

In 2017, Hanover Park, IL had a population of 38.4k people with a median age of 33.4 and a median household income of $70,401. Between 2016 and 2017 the population of Hanover Park, IL grew from 38,331 to 38,350, a 0.0496% increase and its median household income grew from $69,922 to $70,401, a 0.685% increase. The population of Hanover Park, IL is 38.1% Hispanic or Latino, 35.8% White Alone, and 15.2% Asian Alone. 53.4% of the people in Hanover Park, IL speak a non-English language, and 82.5% are U.S. citizens. The largest universities in Hanover Park, IL are Empire Beauty School-Hanover Park (44 degrees awarded in 2016). The median property value in Hanover Park, IL is $173,000, and the homeownership rate is 73.9%. Most people in Hanover Park, IL commute by Drove Alone, and the average commute time is 28.3 minutes. The average car ownership in Hanover Park, IL is 2 cars per household.

Movers Location Economy

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The economy of Hanover Park, IL employs 19.8k people. The largest industries in Hanover Park, IL are Manufacturing (3,572 people), Retail Trade (2,646 people), and Health Care & Social Assistance (2,300 people), and the highest paying industries are Management of Companies & Enterprises ($100,769), Utilities ($61,250), and Public Administration ($52,473). Median household income in Hanover Park, IL is $70,401. Males in Hanover Park, IL have an average income that is 1.37 times higher than the average income of females, which is $52,403. The income inequality in Hanover Park, IL (measured using the Gini index) is 0.483, which is higher than than the national average.

Movers Location Housing

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The median property value in Hanover Park, IL was $173,000 in 2017, which is 0.795 times smaller than the national average of $217,600. Between 2016 and 2017 the median property value increased from $168,100 to $173,000, a 2.91% increase. The homeownership rate in Hanover Park, IL is 73.9%, which is higher than the national average of 63.9%. People in Hanover Park, IL have an average commute time of 28.3 minutes, and they commute by Drove Alone. Car ownership in Hanover Park, IL is approximately the same as the national average, with an average of 2 cars per household.

Movers Location Moving Tip

Hanover Park

Create a moving checklist and budget. First, draft a moving checklist that includes a timeline. Everyone’s timeline will look different depending on how much notice is given before the move. Some people will have two months and others might have two weeks. Next, include a realistic moving budget. By visually organizing your move, you can keep a handle on events as they unfold. Not sure where to start? Print out our comprehensive moving checklist and put it inside a designated moving binder.

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