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The total population of Hanover Park is estimated to be 37,222 with 18,101 males (48.63%) and 19,121 females (51.37%). There are 1,020 more females than males in Hanover Park.
The median household income in Hanover Park was $87,051 in 2021, which marked an a decrease of 617(0.70%) from $87,668 in 2020. This income is 116.68% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hanover Park sees its highest median household income among householders in the age group of 25 to 44 years old, at $99,344. Overall, the median household income for the village of Hanover Park stands at $87,051.
In Hanover Park, the median income for all workers aged 15 years and older, regardless of work hours, was $44,119 for males and $31,932 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,722 for males and $46,728 for females.
In Hanover Park, the demographic landscape is diverse, spanning 6 distinct racial categories among households. Among these, Asian households have the highest median household income at $93,048, while Two or More Races households represent the opposite end with the lowest median household income of $58,550.
In 2022, the population of Hanover Park was 36,376, a 1.26% decrease year-by-year from 2021. Previously, in 2021, Hanover Park's population was 36,840, a decline of 1.37% compared to a population of 37,350 in 2020.
The median age in Hanover Park, IL is 34.2, as per 2021 ACS 5-Year Estimates. Of the total population, 22.49% were under the age of 15, 20.70% aged 15 to 29, 46.34% aged 30 to 64, 10.06% aged 65 to 84, and 0.42% were 85 years of age and older.
Racial distribution of Hanover Park population: 48.57% are White, 7.86% are Black or African American, 0.56% are American Indian and Alaska Native, 16.44% are Asian, 0.13% are Native Hawaiian and other Pacific Islander, 13.66% are some other race and 12.80% are multiracial.