Hanover Park vs Elgin
| Hanover Park | Elgin | |
|---|---|---|
| Population | 37,222 | 114,190 |
| Median Household Income | $91,763 | $90,282 |
| Median Home Value | $274,200 | $273,000 |
| Median Gross Rent | $1,594/mo | $1,361/mo |
| Homeownership Rate | 77.5% | 71.9% |
| Unemployment Rate | 5.0% | 6.1% |
| Bachelor's Degree or Higher | 28.9% | 27.0% |
| Median Age | 35.3 | 36.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.