What percentage of people rent in Hanover Park, IL?
22.5% (±2.4 points) of the occupied homes in Hanover Park, IL are rented (2020–2024 American Community Survey).
That is 2,532 renting households against 8,701 that own their home.
In Hanover Park, the share of households that rent went from 26.0% in 2015–2019 to 22.5% in 2020–2024 (−3.5 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 22.5% (±2.4 points)
- Renting households
- 2,532 (±296)
- Median renter income
- $61,250 (±$9,571)
Who rents and who owns in Hanover Park
| Hanover Park | DuPage County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.5% (±2.4 points) | 26.9% (±0.5 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 2,532 (±296) | 94,284 (±1,958) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 8,701 (±379) | 256,474 (±1,879) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 3.8 (±0.4) | 2.2 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.1) | 2.8 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $61,250 (±$9,571) | $72,048 (±$1,728) | $50,420 (±$471) | $52,966 |
| Median owner household income | $99,915 (±$6,044) | $133,458 (±$1,816) | $103,505 (±$377) | $100,009 |
In Hanover Park, the renter share is lower than in DuPage County (26.9%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In DuPage County, Hanover Park ranks 28 of 39 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1020 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hanover Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.0% (±2.1 points) | 22.5% (±2.4 points) | −3.5 percentage points | Measurable decrease |
| Median gross rent | $1,254 (±$90) | $1,594 (±$100) | +27.1% | No measurable change after inflation |
| Median household income | $76,615 (±$4,549) | $91,763 (±$7,351) | +19.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Hanover Park
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hanover Park | — | 22.5% (±2.4 points) | — |
| Bartlett | 2.3 mi | 10.8% (±2.1 points) | Lower |
| Roselle | 2.9 mi | 21.6% (±3.2 points) | Not measurably different |
| Streamwood | 3.2 mi | 11.0% (±1.8 points) | Lower |
| Bloomingdale | 3.5 mi | 25.4% (±2.6 points) | Not measurably different |
| Bloomingdale Township | 3.6 mi | 26.2% (±1.4 points) | Higher |
| Wayne Township | 4.2 mi | 8.3% (±1.0 points) | Lower |
| Schaumburg Township | 4.2 mi | 30.7% (±1.8 points) | Higher |
| Carol Stream | 4.3 mi | 32.7% (±2.3 points) | Higher |
Nearby places with a measurably lower figure: Bartlett, IL (10.8%), Streamwood, IL (11.0%), Wayne Township, IL (8.3%).
Nearby places with a measurably higher figure: Bloomingdale Township, IL (26.2%), Schaumburg Township, IL (30.7%), Carol Stream, IL (32.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across DuPage County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 22 | Naperville | 25.2% (±1.2 points) |
| 23 | Downers Grove | 24.8% (±2.4 points) |
| 24 | Villa Park | 24.3% (±3.5 points) |
| 25 | Downers Grove Township | 24.1% (±1.3 points) |
| 26 | Winfield Township | 23.2% (±2.0 points) |
| 27 | Wood Dale | 23.0% (±4.7 points) |
| 28 | Hanover Park | 22.5% (±2.4 points) |
| 29 | Glen Ellyn | 21.7% (±3.4 points) |
| 30 | Roselle | 21.6% (±3.2 points) |
| 31 | Darien | 21.2% (±3.0 points) |
| 32 | Elmhurst | 20.1% (±2.4 points) |
| 33 | Clarendon Hills | 15.8% (±5.3 points) |
| 34 | Bartlett | 10.8% (±2.1 points) |
Showing 13 of 39 places in DuPage County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hanover Park
How many renters are there in Hanover Park?
Hanover Park has an estimated 2,532 (±296) renting households, 22.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hanover Park?
In Hanover Park, the share of households that rent went from 26.0% in 2015–2019 to 22.5% in 2020–2024 (−3.5 percentage points), a measurable decrease.
How big are renting households in Hanover Park?
A renting household in Hanover Park has 3.8 people on average, against 3.1 in an owned home.
How much do renters earn in Hanover Park?
The median renting household in Hanover Park, IL has an income of $61,250 (±$9,571) a year, against $99,915 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hanover Park village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hanover Park village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hanover Park village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hanover Park village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hanover Park village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hanover Park village, Illinois (place:32746, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Hanover Park
- Rent by bedrooms in Hanover Park
- Rent burden in Hanover Park
- Income and affordability in Hanover Park
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- Property taxes in Hanover Park
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- Bedrooms in Hanover Park
- Age of homes in Hanover Park
- Vacancy rate in Hanover Park
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- Crime reported to police in Hanover Park
- Population growth in Hanover Park
- How long people stay in Hanover Park
- Crowding and facilities in Hanover Park
- Fair Market Rent in Hanover Park
- Illinois landlord and tenant rules
- Housing across DuPage County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois