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Hanover Park: Economy & Jobs

Hanover Park's typical household earns $91,763 (1.2× below DuPage County median $112,096; 1.1× higher than Illinois median $83,390), with homes at a median value of $274,200. The surrounding county supports 2,565,567 jobs (avg $86,931).

Income & Affordability

Median household income $91,763 — above the Illinois median ($77,902). Poverty rate 12.5% (U.S. average ~12.5%). 38% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.0×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income19.3%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened38.5%
Affordability · Poverty Rate12.5%
Affordability · Property Tax Pct Income6.9%
Irs Income · IRS tax returns filed$2,501,880
Irs Income · Total Adjusted Gross Income (thousands)$251,680,372
Irs Income · Average AGI per return$100,597 (at Illinois median)
Irs Income · Year2022
Income Estimate$105,135
Median Household Income$91,763 (vs Illinois $77,902)
Poverty Rate12.5%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryManufacturing
Economic Character · Income Levelupper-middle
Economic Character · Median Income$91,763

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.4% — below the U.S. average of ~4%. 11% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min29.10
Commuter Profile · Work From Home Pct11.0%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)2,565,567
Employment · Total annual wages (county)$223,027,058,108
Employment · Average annual pay$86,931
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment6,011,660
Unemployment Rate3.4% (vs Illinois 3.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms15
Agriculture · Land In Farms Acres249
Agriculture · Avg Farm Size Acres16.60
Agriculture · Top CommoditiesCrop Totals, Horticulture Totals, Grain, Equine, Floriculture Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)134,846
Business Patterns · Total Employees2,441,203
Business Patterns · Annual Payroll Thousands192,887,445
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores1,273
Local Businesses · Convenience Stores418
Local Businesses · Liquor Stores631
Local Businesses · Gas Stations923
Local Businesses · Department Stores37
Local Businesses · General Merchandise484
Local Businesses · Clothing Stores481
Local Businesses · Pet Stores147

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants4,260
Dining Scene · Fast Food4,712
Dining Scene · Bars891
Dining Scene · Coffee Snacks1,149

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (5)

Barrington Bank & Trust Company, National Association
HANOVER PARK BRANCH · 6800 Barrington Rd · 60133
Bank of America, National Association
HANOVER PARK BRANCH · 1500 Irving Park Rd · 60133
JPMorgan Chase Bank, National Association
HANOVER PARK BANKING CENTER BRANCH · 1640 Irving Park Rd · 60133
First Eagle Bank
HANOVER PARK BRANCH · 1040 E Lake St · 60133
U.S. Bank National Association
HANOVER PARK · 1301 Irving Park Rd · 60133

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

DINO'S FINER FOODS INC
Supermarket · 6768 Barrington Rd
Walgreens 05366
Other · 5500 County Farm Rd
Dollar General 11987
Other · 630 Wise Rd
Circle K 4706791
Convenience Store · 1597 Irving Park Rd
Walgreens 02447
Other · 2040 Army Trail Rd
Nearest Snap · NameDINO'S FINER FOODS INC
Nearest Snap · Total In Area18

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameLOMBARD AREA CHAMBER OF COMMERCE AND INDUSTRY

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$35,895,955,928
Federal Spending · Per Capita6,804.22 (at Illinois median)
Federal Spending · Population5,275,541 people (vs Illinois 39,460)

Sources: USAspending API

Other

Pct Drove Alone69.3%
Pct Public Transit1.6%
Pct Walked11.0%
Retirement Score · Median age35.3 years (vs Illinois 37.7y)
Retirement Score · Ss Household Pct21.0%
Retirement Score · Hospitals Nearby10
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12