Hanover Park village
Illinois
If you're seeking a welcoming community with a fantastic quality of life without breaking the bank, let me introduce you to Hanover Park. This village, home to just over 37,000 residents, offers a refreshing alternative to the soaring costs of many Chicago suburbs. The real draw here is affordability, with a median home value of around $247,500, significantly below the national median. You'll find a friendly, down-to-earth vibe here, where neighbors know each other and community events are a regular occurrence. It’s the kind of place where you can truly put down roots and feel at home.
From an investment perspective, Hanover Park presents a compelling opportunity. The median household income is a healthy $88,460, reflecting a stable local economy. While I don't have walk score data readily available, the village is known for its accessibility to everyday amenities, making it easy to get around. The housing market here caters to a diverse range of buyers, from young families to those looking to downsize. With its blend of affordability, community spirit, and convenient location, Hanover Park is an excellent choice for those seeking a balanced lifestyle.
Hanover Park village, Illinois at a Glance
Hanover Park village is a city in Illinois with a population of approximately 37,222. The median home value is $247,500 and the median household income is $88,460.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $1,463 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$247,500
Median Income
$88,460
Population
37,222
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 37,222
- Median Age
- N/A
- Median Household Income
- $88,460
19% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 14.7%
19% above nat'l avg
- Median Home Value
- $247,500
12% below nat'l avg
- Median Rent
- $1,463
26% above nat'l avg
- Homeownership Rate
- 75.2%
14% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 5.3%
43% above nat'l avg
- Poverty Rate
- 14.7%
19% above nat'l avg
Weather & Climate in Hanover Park village
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Hanover Park village
Hanover Park Summer Fest
Annual festival featuring live music, food vendors, and family activities.
Hanover Park Independence Day Celebration
Celebration with fireworks, music, and community gatherings.
Hanover Park Farmers Market
Weekly market offering fresh produce and local goods during the summer months.
Hanover Park Fall Festival
Seasonal event with crafts, food, and activities.
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