Pros and Cons of Living In Hanover Park, Illinois. Is Hanover Park, IL a Nice Place To Live or Retire?

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Hanover Park, Illinois

Moving to Hanover Park In Illinois ? Is Hanover Park, IL a Nice Place To Live? Pros and Cons of Living in Hanover Park, Illinois. Find out the best and worst about to live, raise a family or retire in Hanover Park.

DEMOGRAPHICS

Population
37811
Unemployment
5.6%
19% NAT AVG.
Poverty
12.8%
9% NAT AVG.
Cost Of Living
107
7% NAT AVG.

ECONOMICS

Median Home Cost
$206400
10% NAT AVG.
Median Income
$77367
15% NAT AVG.
Median Rent
$1320
14% NAT AVG.
Overall Score
8

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 8
Unemployed People
1 in 18
People Earning < $10,000
1 in 21
People Earning < $50,000
29.7%
People With Any Degree
1 in 2.8

ETHNICITY

Ethnicity Hanover Park USA
White 34.1% 60.1%
African American 8% 12.2%
American Indian 0.1% 0.6%
Asian 16.9% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 2.5% 2.8%
Hispanic 38.3% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Hanover Park USA
Less than $10,000 4.8% 5.8%
$10,000 to $14,999 1.9% 4.1%
$15,000 to $24,999 5.9% 8.5%
$25,000 to $34,999 4% 8.6%
$35,000 to $49,999 13.1% 12.0%
$50,000 to $74,999 18.7% 17.2%
$75,000 to $99,999 16.8% 12.8%
$100,000 to $149,999 22% 15.6%
$150,000 to $199,999 7.9% 7.1%

EDUCATION

Education Hanover Park USA
< 9th Grade 11% 5.0%
9-12th Grade 7% 7.0%
High School or GED 26% 27.0%
Other College 20% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 19% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 0% 1.0%
Hanover Park is a city in Illinois state in USA with a population of 37811 residents.. The poverty rate of Hanover Park is 12.8%, which is 9% lower than national average. The typical household in Hanover Park earns $77367 a year, compared to the national median of $67,500. Nearly 29.7% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Hanover Park remained 5.6%, which is 19% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Hanover Park is 107, which is 7% higher than national average. In Hanover Park, only 27% of adults have a bachelor's degree and 29% have some college but no degree. Median home value in Hanover Park is $206400 , which is 10% lower than national average. While median income in Hanover Park remained $77367, which is 15% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Hanover Park Scorecard

Jobs80%

Housing85%

Affordability70%

Safety85%

Amenities95%

Diversity100%

Education60%

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