Housing & Real Estate — Hanover Park, Illinois
Overview
| Total Housing Units | 11,573 |
|---|
| Occupied | 11,210 |
|---|
| Vacant | 363 |
|---|
| Owner-Occupied | 8,525 |
|---|
| Renter-Occupied | 2,685 |
|---|
| Median Home Value (Census) | $274,200 |
|---|
| Estimated 2026 | ~$308,000 |
|---|
| Median Rent | $1,478/mo |
|---|
| Median Property Tax | $6,294/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 19.3% |
|---|
| Severely Rent-Burdened | 38.5% |
|---|
Housing Age
| Built 2010 or later | 140 |
|---|
| Built 2000-2009 | 433 |
|---|
| Built 1990-1999 | 1,298 |
|---|
| Built before 1960 | 428 |
|---|
| Median Year Built | 1976 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
