Hanover Park, IL — City Data, Demographics & Statistics
Cook County · Illinois
City DNA
A unique fingerprint for Hanover Park based on 8 key metrics — compared to averages.
Quick Stats
Population
36,850
2023 ACS
Median Income
$92,263
2023
Median Home Value
$260,900
2023
Median Rent
$1,478
2023
Median Age
35.0
Unemployment
4.5%
Cost of Living Index
141.9
100 = national avg
Hanover Park is a city in Cook County, Illinois, with a population of 36,850 according to the 2023 American Community Survey. Hanover Park is one of the communities in Illinois.
The median household income in Hanover Park is $92,263, and the median home value is $260,900. The cost of living index is 141.9 (where 100 = national average), and the median rent is $1,478 per month. The unemployment rate is 4.5%, and the median age is 35.0 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
36,850
Male
17,850
48.4%
Female
19,000
51.6%
Median Age
35.0
Age Distribution
Education & Household
Bachelor's or Higher
18.8%
High School or Higher
36.2%
Foreign Born
35.1%
Veterans
2.0%
Married
40.0%
Avg Household Size
3.3
Marital Status by Age
Race & Ethnicity
Diversity Index
0.600
Simpson's Index (0-1)
Largest Group
White
38.0%
Foreign Born
35.1%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
39.0%
14,357 people
Not Hispanic/Latino
61.0%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
34,709
English Only
44.6%
#1 Non-English Language
Spanish
11,490 speakers
Limited English
22.6%
Language Distribution
English Proficiency
Speaks English Very Well
77.4%
Limited English Proficiency
22.6%
Veterans & Military
Total Veterans
736
2.0% of population
Disability Rate
8.7%
64 with disability
Veteran Median Income
$45,061
Unemployment Rate
5.5%
Period of Service
Veteran Age Distribution
Male Veterans
713
96.9%
Female Veterans
23
3.1%
Veteran vs Non-Veteran Income
Veteran Income
$45,061
Non-Veteran Income
$39,915
Difference
$5,146
12.9% higher
Disability Status
With Disability
64
Without Disability
672
Disability Rate
8.7%
Ancestry & Heritage
Total Reporting Ancestry
14,202
#1 Ancestry
German
8.5% (3,135)
#2 Ancestry
Polish
5.9% (2,182)
#3 Ancestry
Irish
5.8% (2,136)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
11,210
Family Households
9,115
81.3%
Married Couples
6,285
56.1%
Non-Family Households
2,095
18.7%
Single Mother Households
1,883
16.8%
Single Father Households
947
8.4%
Living Alone
1,505
13.4%
Children Under 18
Total Children
8,501
In Married Couple
5,837
68.7%
With Single Mother
1,760
20.7%
With Single Father
904
10.6%
Family Income
Median Family Income
$95,141
Married Couple Income
$109,714
Single Mother Income
$70,708
Single Father Income
$54,107
Avg Family Size
3.3
Avg Non-Family Size
3.7
Grandparents w/ Grandchildren
842
Grandparents Responsible
192
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$92,263
+26% vs national
Per Capita Income
$32,099
-14% vs national
Poverty Rate
13.7%
+1% vs national
Gini Index
0.3820
0 = perfect equality
Unemployment
4.5%
-13% vs national
SNAP Recipients
12.3%
of households
How Hanover Park Compares
Hanover Park vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Hanover Park is highlighted.
Median Household Income
Hanover Park, IL has a median household income of $92,263, making it the 6,102nd highest median household income out of 28,123 cities in our database. This means that Hanover Park has a higher median household income than 78% of all the cities we measured.
Per Capita Income
Hanover Park, IL has a per capita income of $32,099, making it the 14,998th highest per capita income out of 28,123 cities in our database. This means that Hanover Park has a higher per capita income than 47% of all the cities we measured.
Poverty Rate
Hanover Park, IL has a poverty rate of 13.7%, making it the 12,387th highest poverty rate out of 31,262 cities in our database. This means that Hanover Park has a higher poverty rate than 60% of all the cities we measured.
Unemployment Rate
Hanover Park, IL has a unemployment rate of 4.5%, making it the 12,835th highest unemployment rate out of 31,012 cities in our database. This means that Hanover Park has a higher unemployment rate than 59% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Hanover Park. The median household income here is $92,263.
Income Distribution
Employment Snapshot
Unemployment Rate
4.5%
-19% vs IL avg
Labor Force
19,278
Employed
18,388
Mean Commute
26 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
18.8%
of adults 25+
High School Diploma+
36.2%
of adults 25+
Median Age
35.0
Work from Home
9.9%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Chicago-Naperville-Elgin, IL-IN metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$105.3K
per year
Occupations Tracked
20
Cost of Living
Overall Index
141.9
100 = national avg
+41.9 vs national average
Living Wage (1 Adult)
$62,429
per year
Living Wage (Family of 4)
$147,559
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,581
per month
2 Bedroom
$1,781
per month
The median household income in Hanover Park, IL is $92,263, which is 26.0% above the national average of $73,224. Per capita income is $32,099. The poverty rate of 13.7% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.3820, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.5%, compared to the state average of 5.6%. The labor force is 19,278. 18.8% of adults hold a bachelor's degree or higher. The average commute time is 26 minutes, with 9.9% working from home. About 69.6% of workers drive alone to work. The overall cost of living index is 141.9, which is 41.9% above the national average. Housing costs are above the national average at an index of 169.2. A single adult needs to earn approximately $62,429 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$355,000
Median List Price
$324,000
Price Per Sq Ft
$235
Days on Market
48
Active Inventory
50
Months of Supply
4.2
Balanced market
Zillow Home Value
$311,565
ZHVI — January 2026
Market CompetitivenessRedfin
Sold Above List
41.7%
Off Market in 2 Weeks
47.8%
Sale-to-List Ratio
98.9%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
12
New Listings
30
Pending Sales
23
Price Per Square FootRedfin
Median Sale $/SF
$235
Median List $/SF
$253
Hanover Park vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Hanover Park is highlighted.
Median Home Value
Hanover Park, IL has a median home value of $260,900, making it the 8,707th highest median home value out of 27,993 cities in our database. This means that Hanover Park has a higher median home value than 69% of all the cities we measured.
Median Rent
Hanover Park, IL has a median rent of $1,478, making it the 4,214th highest median rent out of 22,337 cities in our database. This means that Hanover Park has a higher median rent than 81% of all the cities we measured.
Median Price Per Sq Ft
Hanover Park, IL has a price per square foot of $235, making it the 5,919th highest price per square foot out of 20,748 cities in our database. This means that Hanover Park has a higher price per square foot than 71% of all the cities we measured.
Rent Burden
Hanover Park, IL has a rent burden of 19.2%, making it the 9,925th highest rent burden out of 21,928 cities in our database. This means that Hanover Park has a higher rent burden than 55% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$260,900
Median Rent
$1,478
Total Housing Units
11,573
Vacancy Rate
3.1%
Owner Occupied
76.0%
Renter Occupied
23.9%
Median Property Tax
$6,180
per year
Monthly Cost (w/ Mortgage)
$1,545
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$6,180
per year
Effective Tax Rate
2.37%
of home value
Median Home Value
$260,900
Estimated Mean Tax
$5,861
The effective property tax rate is calculated by dividing the median annual property tax ($6,180) by the median home value ($260,900). In Hanover Park, IL, this works out to an effective rate of 2.37%. This is above the national average of approximately 1.1%.
The current median sale price in Hanover Park, IL is $355,000 according to Redfin data. Homes spend a median of 48 days on the market. 41.7% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $235. The median rent is $1,478 per month (Census ACS). About 76.0% of housing units are owner-occupied. The median year homes were built is 1976. There are 11,573 total housing units. Homeowners pay a median annual property tax of $6,180. The effective tax rate is 2.37%, above the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
1.26
per 1,000 residents
-52% vs national
Property Crime Rate
4.16
per 1,000 residents
-76% vs national
Total Crimes
194
2024
Violent Clearance
29%
cases solved
Property Clearance
13%
cases solved
YoY Change
-28.3%
violent crime rate
improving vs 2023
How Hanover Park Compares
Source: FBI (2024)Hanover Park vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Hanover Park is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Hanover Park police solve 43% of robbery cases but only 0% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 6 | 0.17 | 0.0% |
| Robbery | Violent | 7 | 0.20 | 42.9% |
| Aggravated Assault | Violent | 32 | 0.89 | 31.3% |
| Burglary | Property | 30 | 0.84 | 20.0% |
| Larceny/Theft | Property | 101 | 2.82 | 12.9% |
| Motor Vehicle Theft | Property | 18 | 0.50 | 0.0% |
Hanover Park, IL reported 45 violent crimes and 149 property crimes in 2024. The violent crime rate of 1.26 per 1,000 residents is 51.6% below the national average of 2.60 per 1,000. Law enforcement cleared 29% of violent crimes. Larceny/theft accounts for 101 of the property crime reports. Firearms were involved in 68.8% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 45 | 149 | 1.26 | 4.16 |
| 2023 | 63 | 186 | 1.75 | 5.18 |
| 2022 | 1 | 13 | 0.03 | 0.36 |
| 2020 | 48 | 246 | 1.29 | 6.59 |
| 2019 | 30 | 253 | 0.80 | 6.71 |
| 2018 | 42 | 194 | 1.11 | 5.11 |
| 2017 | 40 | 236 | 1.05 | 6.20 |
| 2016 | 39 | 256 | 1.02 | 6.67 |
| 2015 | 46 | 258 | 1.19 | 6.68 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
97.6
Relatively High
Expected Annual Loss
98.4
Score (0-100)
Social Vulnerability
15.8
Score (0-100)
Community Resilience
71.8
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
24
Public Assistance
$861.4M
Individual Assistance
$22.0M
Most Common Type
Flood
8 declarations
Public Assistance by Category
Showing 20 of 29 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
15,172
Total Claims Paid
$139,478,719
Avg Claim Payout
$9,193
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
22
Federal Funding
$14,613,087
Properties Protected
29
Avg Benefit-Cost Ratio
1.12
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 12 | $4,281,774 |
| 403.4: Stormwater Management - Detention/Retention Basins | 4 | $2,752,200 |
| 401.1: Water and Sanitary Sewer System Protective Measures | 1 | $0 |
| 403.1: Stormwater Management - Culverts | 1 | $0 |
| 500.1: Flood Control - Floodwall | 1 | $915,000 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Hanover Park has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are cold wave, tornado, strong wind. The area has had 24 federal disaster declarations. The most common disaster type is flood (8 declarations). 15,172 flood insurance claims have been filed in the area. FEMA has obligated $861,372,861 in public assistance recovery funding. $22,048,282 has been distributed in individual assistance to disaster-affected residents. 22 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
30.3%
5.8pp below the national average
Depression Rate
17.6%
5.9pp below the national average
Diabetes Rate
10.9%
1.0pp below the national average
Uninsured Rate
14.3%
3.7pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
33.5%
Arthritis
18.4%
Cancer (excl. skin)
5.2%
Teeth Lost (65+)
11.0%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
15.0%
14+ days in past month
Depression
17.6%
Loneliness
35.6%
Lack of Support
28.4%
Disability Prevalence
Any Disability
25.2%
Mobility
11.0%
Cognitive
12.8%
Hearing
4.8%
Vision
5.0%
Self-Care
3.3%
Independent Living
7.0%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Hanover Park has an obesity rate of 30.3%, which is 5.8pp below the national average. The depression rate is 17.6%, 5.9pp below the national average. About 14.3% of adults lack health insurance. 75.1% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
3
Avg CMS Rating
3.7 / 5
Nearest Hospital
3.2 mi
Bhc Streamwood Hospital Inc
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Bhc Streamwood Hospital Inc | 3.2 mi | Psychiatric | — | — |
| St Alexius Medical Center | 4.9 mi | Acute Care Hospitals | 4/5 | Yes |
| Alexian Brothers Behavioral Hlth Hosp | 4.9 mi | Psychiatric | — | — |
| Uchicago Medicine Adventhealth Glenoaks | 5.5 mi | Acute Care Hospitals | 2/5 | Yes |
| Northwestern Medicine Central Dupage Hospital | 7.6 mi | Acute Care Hospitals | 5/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
1
Pop. Served
37,470
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| HANOVER PARK | 37,470 | 0 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
1
Total CO₂e
14.9K MT
Top Emitter
MALLARD LAKE LANDFILL
14.9K MT CO₂e
Total CO₂e vs Similar Cities (25,000 - 50,000)
| Facility | Sector | CO₂e (MT) |
|---|---|---|
MALLARD LAKE LANDFILL Republic Services Inc | Waste | 14,874 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons CO₂e/year.
There are 1 water system serving the area. 1 industrial facility reports greenhouse gas emissions totaling 14.9K metric tons of CO₂e.
Infrastructure
Commute Overview2023 ACS
Mean Commute
26 min
+13% vs national
Drive Alone
69.6%
-12% vs national
Public Transit
2.3%
+158% vs national
Work From Home
9.9%
+6% vs national
Carpool
15.7%
Walk / Bike
1.5%
combined
How Hanover Park's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2022)Fatalities
1
2022
4-Year Avg
2
fatalities/yr
Pedestrian
1
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2022 | 1 | 1 | 0 | 1 | 0 |
| 2020 | 1 | 1 | 0 | 1 | 0 |
| 2019 | 3 | 3 | 0 | 1 | 0 |
| 2018 | 3 | 3 | 1 | 1 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Hanover Park, IL is 26 minutes, which is 12.8% above the national average of 23 minutes. 69.6% of workers drive alone, compared to the national average of 78.7%. 9.9% work from home, which is above the IL state average of 8.4%. Public transit is used by 2.3% of commuters, compared to the national average of 0.9%. 15.7% of workers carpool. 1.4% walk to work. In 2022, there were 1 traffic fatality from 1 fatal crash. 1 was a pedestrian.
Internet & Broadband Access
Source: Census ACSBroadband Access
94.7%
of households
Cable / Fiber / DSL
79.6%
of households
No Internet
3.8%
of households
Total Households
11,210
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
98.1%
of households
Smartphone
93.5%
of households
Desktop / Laptop
83.7%
of households
Tablet
66.4%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
15.9¢
per kWh
-17% vs 25,000 - 50,000 avg
Commercial Rate
11.8¢
per kWh
-24% vs 25,000 - 50,000 avg
Industrial Rate
8.8¢
per kWh
-26% vs 25,000 - 50,000 avg
Avg Monthly Bill
$110
residential
-25% vs 25,000 - 50,000 avg
7% below the national average of 17.1¢/kWh
Residential electricity in Illinois averages 15.9¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $110. State-level averages from EIA Electric Sales & Revenue data (2024).
Hanover Park vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
1
Population Served
37,470
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| HANOVER PARK | Community | Purchased surface water | 37,470 | 0 |
94.7% of households in Hanover Park have broadband internet access. 79.6% have cable, fiber, or DSL service. 12.1% rely solely on cellular data without a wired connection. 3.8% of households have no internet access. 9.8% use only a smartphone without a desktop or laptop. The area is served by 1 water system, providing water to 37,470 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Hanover Park is located in Cook County, IL. Results reflect all voters in the county, not just those in Hanover Park.
Election Overview
Source: Cook County (2024)2024 Winner
Democrat
Dem Votes
1,447,821
70.4%
GOP Votes
583,852
28.4%
Total Votes
2,056,800
Margin
D+42.0%
Shift from 2020
R+8.3pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 1,447,821 | 583,852 | 2,056,800 | 70.4% | 28.4% | D+42.0 |
| 2020 | 1,725,973 | 558,269 | 2,321,399 | 74.4% | 24.1% | D+50.3 |
| 2016 | 1,528,582 | 440,213 | 2,055,215 | 74.4% | 21.4% | D+53.0 |
In the 2024 presidential election, Cook County recorded 2,056,800 total votes. Democrats won the county with 70.4% of the vote compared to 28.4% for Republicans, a margin of D+42.0%. Compared to 2020, the margin shifted R+8.3pp from the previous election. Since 2016, Cook County has shifted 11.0 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
46
Total Assets
$1.6M
Total Income
$1.6M
Per 10K Residents
12.5
nonprofits
-76.0% vs peers avg
Orgs with >$1M Assets
0
Median Assets
$132K
Oldest Active
1945
ruling year
Newest Org
2025
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationNonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Hanover Park
Source: IRS Exempt Organizations BMF| Organization | Category | Assets | Income | Est. | IRS |
|---|---|---|---|---|---|
| BHARATIYA SENIOR CITIZENS OF CHICAGO NFP | Human Services | $998K | $573K | 2011 | |
| GEETHA MANDALAM HINDU RELIGIOUS CENTER INC | — | $315K | $34K | 1980 | |
| MANAV SADHNA | — | $174K | $994K | 1994 | |
| IJEBU-ALARE ASSOCIATION | Arts & Culture | $90K | $13K | 2009 | |
| ANGEL WINGS FOUNDATION | Human Services | $66K | — | 2013 | |
| ALMADINA ISLAMIC CENTER NFD | Religion | $3K | $2K | 2007 |
Hanover Park, IL has 46 registered 501(c)(3) nonprofit organizations with combined assets of $1.6M. The most common category is Religion-Related, with 11 organizations. That works out to 12.5 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1945.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
157
Total Approved
$50.6M
Jobs Supported
1,259
Per 10K Residents
42.6
SBA loans
-54.8% vs peers avg
Unique Lenders
45
Top Lender
JPMorgan Chase Bank, National Association
22 loans
Top Industry
Other Services
Data Span
1993–2026
Loan Program Breakdown
Source: SBA FOIALoans
139
Total Amount
$35.8M
Avg Loan
$257,815
Median Loan
$100,000
SBA Guaranteed
$26.7M(74%)
Jobs Supported
979
Loans
18
Total Amount
$14.7M
Avg Loan
$818,722
Median Loan
$784,500
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
31
20% of all-time total
Recent Amount
$15.0M
30% of all-time total
Avg Recent Loan
$485,097
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Suburban Tire Company | 2 | $4.0M |
| Jlw Services Inc. | 1 | $3.3M |
| Rys Properties Llc | 1 | $2.2M |
| All American Nut & Candy Corp. | 1 | $1.9M |
| Cymy Inc | 1 | $1.7M |
| Barrington Donuts Inc. | 1 | $1.6M |
| The Shepherd's Academy Llc | 1 | $1.5M |
| Amigo Liquor | 1 | $1.4M |
| A Cubed Holdings, Llc | 1 | $1.3M |
| Se Cluster Four Llc | 1 | $1.2M |
Hanover Park, IL has received 157 SBA loans totaling $50.6M in approved funding between 1993 and 2026. The 7(a) program accounts for 139 loans (89% of the total), supporting 979 jobs. The 504 program, focused on real estate and large equipment, has funded 18 loans totaling $14.7M. The most common industry receiving SBA funding is Other Services. The most active SBA lender in Hanover Park is JPMorgan Chase Bank, National Association with 22 loans. That works out to 42.6 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
32
Total Population
909,731
Avg Median Income
$107,957
Avg Home Value
$348,528
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 60005 | 29,022 | $100,304 | $376,200 | $1,621 | 6.6 |
| 60007 | 32,485 | $95,240 | $334,800 | $1,574 | 18.1 |
| 60008 | 22,949 | $96,213 | $295,000 | $1,561 | 5.1 |
| 60067 | 38,118 | $121,572 | $427,900 | $1,521 | 13.0 |
| 60101 | 37,202 | $87,860 | $315,300 | $1,236 | 11.4 |
| 60103 | 41,825 | $131,552 | $353,300 | $1,851 | 18.4 |
| 60107 | 38,965 | $101,017 | $258,300 | $1,849 | 7.7 |
| 60108 | 23,434 | $99,868 | $367,400 | $1,607 | 7.4 |
| 60120 | 50,774 | $80,305 | $227,000 | $1,250 | 17.4 |
| 60123 | 48,821 | $86,762 | $242,200 | $1,226 | 14.0 |
| 60133 | 36,850 | $92,263 | $260,900 | $1,478 | 8.4 |
| 60137 | 38,754 | $131,695 | $490,800 | $1,321 | 11.0 |
| 60139 | 32,954 | $81,996 | $249,300 | $1,558 | 5.5 |
| 60143 | 11,798 | $112,247 | $386,600 | $1,775 | 7.0 |
| 60148 | 52,358 | $96,606 | $328,600 | $1,805 | 13.8 |
| 60157 | 2,377 | $118,333 | $512,500 | N/A | 1.6 |
| 60169 | 33,529 | $92,399 | $292,300 | $1,694 | 7.7 |
| 60172 | 24,231 | $109,322 | $323,000 | $1,498 | 7.0 |
| 60173 | 13,892 | $99,975 | $311,200 | $1,786 | 6.4 |
| 60174 | 30,481 | $102,408 | $348,100 | $1,738 | 13.7 |
| 60177 | 24,030 | $123,700 | $296,200 | $1,612 | 8.9 |
| 60184 | 2,280 | $170,074 | $674,000 | $3,501 | 8.4 |
| 60185 | 33,711 | $105,063 | $313,600 | $1,400 | 30.9 |
| 60187 | 28,867 | $119,048 | $432,200 | $1,744 | 6.6 |
| 60188 | 42,087 | $107,560 | $311,600 | $1,465 | 10.1 |
| 60189 | 30,866 | $124,886 | $467,300 | $1,747 | 10.4 |
| 60190 | 11,931 | $146,775 | $367,800 | $1,462 | 4.9 |
| 60191 | 14,381 | $90,299 | $307,600 | $1,649 | 5.2 |
| 60192 | 16,662 | $149,992 | $413,500 | $2,852 | 11.2 |
| 60193 | 39,467 | $92,284 | $317,900 | $1,699 | 8.8 |
| 60194 | 19,932 | $97,876 | $310,600 | $1,897 | 3.7 |
| 60195 | 4,698 | $89,116 | $239,900 | $1,728 | 1.7 |
Hanover Park, IL has 32 ZIP codes with a combined population of 909,731. The average median household income across all ZIP codes is $107,957. The average median home value is $348,528. The average median monthly rent is -$20,831,686.
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