Hanover Park, IL Real Estate
According to census data in the year 2000 there were 11,405 housing units in Hanover Park.
This represents a 9.6% growth from 10,405 in 1990.
Of those housing units, 11,405 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hanover Park is about 82%.
Hanover Park's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 3.43 people.
The majority of houses, apartments or condos in Hanover Park were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||3.10%|
Owned Homes, Apartments and Condos
|Average Household Size||3.39|
|Median year structure was built||1976|
|Median Value of occupied units||$141,500|
|Median Price asked for vacant units||$119,600|
Rented Homes, Apartments and Condos
|Average Household Size||3.61|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$816|
Owners Finance Status
|Second Mortgage & Equity Loan||0.10%|
|Home Equity Loan||12.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.1%|