HomeIllinoisDuPage CountyHanover Park village
Hanover Park village, Illinois: commercial real estate data.
Hanover Park village is a Census village of 36,732 people across 6.42 square miles of land, lying across DuPage County and Cook County. Median household income is $91,763, 77.5 percent of occupied homes are owned, and the SBA record carries 33 7(a) approvals to borrowers here worth $13.0 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hanover Park
What Hanover Park is
- Census place typevillage
- Land area6.42 sq mi
- Water area0.1 sq mi
- Population per square mile of land5,720
- County holding the largest share of its areaDuPage County, 59.0 percent
- Counties this place lies inDuPage County 59.0 percent, Cook County 41.0 percent
Hanover Park village crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover Park
How many people live in Hanover Park
- Population36,732
- Median age35.3
- Population under 189,789
- Share under 1826.6 percent
- Population 65 and over4,423
- Share 65 and over12.0 percent
- Households11,233
- Family households9,068
- Share of households that are families80.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover Park
Income and work in Hanover Park
- Median household income$91,763
- Per capita income$33,213
- Civilian labor force19,260
- Employed18,299
- Unemployed961 plus or minus 213
- Unemployment rate5.0 percent plus or minus 1.1
- Adults 25 and over23,523
- Adults 25 and over with a high school diploma or higher83.5 percent
- Adults 25 and over with a bachelor degree or higher28.9 percent
- Adults 25 and over with a graduate degree8.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover Park
Housing in Hanover Park
- Housing units11,566
- Occupied units11,233
- Vacant units333 plus or minus 138
- Vacancy rate2.9 percent plus or minus 1.2
- Owner occupied8,701
- Renter occupied2,532
- Ownership rate77.5 percent
- Median owner-occupied home value$274,200
- Median gross rent, monthly$1,594
- Annual rent as a share of median income20.8 percent
- Single family units9,531
- Share single family82.4 percent
- Units in buildings of two or more1,889
- Share in buildings of two or more16.3 percent
- Mobile homes131 plus or minus 94
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover Park
How Hanover Park gets to work
- Workers 16 and over who commute16,056
- Commuting under 15 minutes3,021
- Share commuting under 15 minutes18.8 percent
- Commuting 30 minutes or more6,896
- Share commuting 30 minutes or more42.9 percent
- Drove alone69.3 percent
- Carpooled14.6 percent
- Public transport2.3 percent plus or minus 1.0
- Walked1.6 percent plus or minus 1.0
- Worked from home11.0 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover Park
SBA loans in Hanover Park (7(a))
- Approvals33
- Gross approval$13,005,700
- Average approval$394,112
- Median approval$140,000
- Ninetieth percentile approval$970,000
- Largest approval$3,300,000
- Jobs supported233
- Jobs per approval7.1
- Loans with a final outcome5
- Paid in full3
- Charged off2
- Median term120 months
- Share on real estate terms of 20 years or more12.1 percent
- Share to franchises3.0 percent
- Distinct lenders18
- Distinct industries by NAICS20
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hanover Park
SBA loans in Hanover Park (504)
- Approvals7
- Gross approval$6,975,000
- Average approval$996,429
- Median approval$1,110,000
- Largest approval$1,883,000
- Jobs supported76
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hanover Park
Flood risk in Hanover Park
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170099
- Currently effective map date01/23/26
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
DuPage County, not Hanover Park
DuPage County context, not Hanover Park figures
These are DuPage County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hanover Park measurements.
- Establishments in DuPage County34,121
- Employment at those establishments, DuPage County595,691
- Covered employment, DuPage County622,113
- Average annual pay, DuPage County$79,674
- Average weekly wage, DuPage County$1,532
- Housing units permitted, DuPage County1,450
- Of those, single family, DuPage County784
- County product, 2024, DuPage County$129,734,015,000
- County product change over the prior year, DuPage County3.4 percent
- Average income of an arriving household, DuPage County$102,362
Every figure in this section is published for DuPage County as a whole and is not a measurement of Hanover Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hanover Park questions, answered from the record.
How many people live in Hanover Park, Illinois?
36,732, in 11,233 households. Hanover Park village covers 6.42 square miles of land, which is 5,720 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hanover Park in?
Hanover Park lies in more than one. By area it is 59.0 percent in DuPage County, 41.0 percent in Cook County. This page sits under DuPage County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Hanover Park?
$91,763. The median owner-occupied home is valued at $274,200. Median gross rent is $1,594 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hanover Park businesses?
33 7(a) approvals totalling $13.0 m, across 18 lenders, median approval $140,000, plus 7 504 approvals worth $7.0 m. These count approvals to borrowers whose address is in Hanover Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hanover Park borrowers get paid back?
No rate is published for Hanover Park. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Hanover Park in the National Flood Insurance Program?
Yes. Hanover Park appears in the FEMA Community Status Book as community 170099, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hanover Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for DuPage County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hanover Park.
Is zoning published for Hanover Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.