The median household income in Hanover, IL in 2022 was $42,838, which was 79.1% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $29,236 in 2000 this represents an increase of 31.8%. The per capita income in 2022 was $24,345, which means an increase of 28.0% compared to 2000 when it was $17,535.
Whole page based on the data from 2000 / 2022 when the population of Hanover, Illinois was 836 / 837
Income statistics for all residents
Median household income in Hanover, IL in 2022:
Hanover:
$42,839
State:
$76,708
Change in median household income between 2000 and 2022:
Hanover, Illinois:
+46.5%
State:
+64.6%
Number of households with income < $10k:
Hanover:
5.7% (23)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Hanover:
8.9% (36)
State:
6.6% (333,259)
Number of households with income $20k - 30k:
Hanover:
20.3% (82)
State:
6.8% (342,921)
Number of households with income $30k - 40k:
Hanover:
8.4% (34)
Illinois:
7.0% (355,254)
Number of households with income $40k - 50k:
Hanover:
12.7% (51)
State:
6.7% (340,678)
Number of households with income $50k - 60k:
Hanover:
8.9% (36)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Hanover:
7.7% (31)
Illinois:
9.2% (465,709)
Number of households with income $75k - 100k:
Hanover:
14.6% (59)
State:
12.9% (651,353)
Number of households with income $100k - 125k:
Hanover:
10.7% (43)
Illinois:
10.3% (522,359)
Number of households with income $125k - 150k:
Hanover:
1.2% (5)
Illinois:
7.3% (367,136)
Number of households with income $150k - 200k:
Hanover:
0.0% (0)
Illinois:
9.0% (455,249)
Number of households with income > $200k:
Hanover:
0.7% (3)
State:
11.6% (586,947)
Aggregate household income in Hanover in 2022: $21,180,737
Median family income in Hanover in 2022:
Hanover:
$64,533
State:
$96,948
Number of families with income < $10k:
Hanover:
10.8% (25)
Illinois:
3.4% (105,875)
Number of families with income $10k - 20k:
Hanover:
3.5% (8)
State:
3.3% (105,017)
Number of families with income $20k - 30k:
Hanover:
16.4% (38)
State:
4.7% (146,403)
Number of families with income $30k - 40k:
Hanover:
3.5% (8)
Illinois:
5.3% (167,069)
Number of families with income $40k - 50k:
Hanover:
4.1% (10)
State:
5.8% (181,164)
Number of families with income $50k - 60k:
Hanover:
8.3% (19)
State:
6.1% (191,561)
Number of families with income $60k - 75k:
Hanover:
9.9% (23)
State:
9.0% (282,985)
Number of families with income $75k - 100k:
Hanover:
23.6% (55)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Hanover:
17.8% (42)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Hanover:
2.0% (5)
State:
8.9% (279,791)
Median non-family income in Hanover in 2022:
Hanover:
$28,247
State:
$46,533
Change in median non-family income between 2000 and 2022:
Hanover, Illinois:
+40.6%
State:
+64.0%
Median per capita income in Hanover in 2022:
Hanover:
$24,346
State:
$43,317
Change in median per capita income between 2000 and 2022:
Hanover, Illinois:
+38.8%
State:
+87.5%
Income statistics for White residents
Median household income in Hanover, IL in 2022:
Hanover:
$43,583
State:
$83,346
Change in median household income between 2000 and 2022:
Hanover, Illinois:
+47.3%
State:
+67.5%
Number of households with income < $10k:
Hanover:
5.7% (19)
State:
4.5% (149,895)
Number of households with income $10k - 20k:
Hanover:
8.1% (27)
State:
5.5% (184,529)
Number of households with income $20k - 30k:
Hanover:
20.7% (69)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Hanover:
6.6% (22)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Hanover:
13.8% (46)
State:
6.5% (216,965)
Number of households with income $50k - 60k:
Hanover:
10.2% (34)
Illinois:
6.6% (222,841)
Number of households with income $60k - 75k:
Hanover:
8.7% (29)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Hanover:
14.1% (47)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Hanover:
9.9% (33)
State:
10.7% (360,753)
Number of households with income $125k - 150k:
Hanover:
1.5% (5)
Illinois:
7.9% (266,532)
Number of households with income $150k - 200k:
Hanover:
0.0% (0)
Illinois:
10.0% (337,357)
Number of households with income > $200k:
Hanover:
0.9% (3)
State:
13.3% (446,069)
Aggregate household income in Hanover in 2022: $18,218,203
Median family income in Hanover in 2022:
Hanover:
$66,209
Illinois:
$107,938
Number of families with income < $10k:
Hanover:
7.2% (13)
State:
2.2% (45,983)
Number of families with income $10k - 20k:
Hanover:
4.3% (8)
State:
2.5% (50,574)
Number of families with income $20k - 30k:
Hanover:
14.7% (27)
Illinois:
3.5% (70,927)
Number of families with income $30k - 40k:
Hanover:
4.1% (8)
Illinois:
4.4% (90,563)
Number of families with income $40k - 50k:
Hanover:
4.6% (8)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Hanover:
10.0% (18)
Illinois:
5.8% (119,129)
Number of families with income $60k - 75k:
Hanover:
11.7% (22)
Illinois:
8.8% (179,665)
Number of families with income $75k - 100k:
Hanover:
23.2% (43)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Hanover:
17.6% (32)
Illinois:
12.5% (256,099)
Number of families with income $125k - 150k:
Hanover:
2.4% (4)
State:
9.8% (199,855)
Median non-family income in Hanover in 2022:
Hanover:
$29,987
Illinois:
$50,934
Change in median non-family income between 2000 and 2022:
Hanover, Illinois:
+46.4%
Illinois:
+70.7%
Median per capita income in Hanover in 2022:
Hanover:
$26,107
Illinois:
$50,738
Change in median per capita income between 2000 and 2022:
Hanover, Illinois:
+46.6%
State:
+95.5%
Income statistics for Black or African American residents
Aggregate household income in Hanover in 2022: $564,838
Median per capita income in Hanover in 2022:
Hanover:
$9,536
State:
$28,045
Change in median per capita income between 2000 and 2022:: -43.5%
Hanover, Illinois:
-43.5%
Illinois:
+90.2%
Income statistics for Asian residents
Median per capita income in Hanover in 2022:
Hanover:
$54,763
Illinois:
$52,977
Income statistics for Hispanic or Latino residents
Median household income in Hanover, IL in 2022:
Hanover:
$30,861
Illinois:
$72,139
Number of households with income < $10k:
Hanover:
0.0% (0)
State:
4.9% (33,145)
Number of households with income $10k - 20k:
Hanover:
23.8% (5)
Illinois:
5.4% (36,345)
Number of households with income $20k - 30k:
Hanover:
23.8% (5)
State:
7.5% (50,677)
Number of households with income $30k - 40k:
Hanover:
52.4% (11)
Illinois:
7.7% (52,008)
Number of households with income $40k - 50k:
Hanover:
0.0% (0)
State:
8.1% (54,702)
Number of households with income $50k - 60k:
Hanover:
0.0% (0)
State:
7.5% (51,062)
Number of households with income $60k - 75k:
Hanover:
0.0% (0)
State:
11.3% (76,576)
Number of households with income $75k - 100k:
Hanover:
0.0% (0)
State:
15.5% (105,152)
Number of households with income $100k - 125k:
Hanover:
0.0% (0)
State:
11.5% (77,760)
Number of households with income $125k - 150k:
Hanover:
0.0% (0)
Illinois:
7.3% (49,310)
Number of households with income $150k - 200k:
Hanover:
0.0% (0)
State:
7.6% (51,233)
Number of households with income > $200k:
Hanover:
0.0% (0)
State:
5.9% (40,028)
Aggregate household income in Hanover in 2022: $555,182
Median per capita income in Hanover in 2022:
Hanover:
$8,348
Illinois:
$26,551
Change in median per capita income between 2000 and 2022:: -16.9%
Hanover, Illinois:
-16.9%
Illinois:
+111.0%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Hanover:
0.0% (0)
State:
3.2% (935)
Number of households with income $10k - 20k:
Hanover:
0.0% (0)
Illinois:
7.1% (2,053)
Number of households with income $20k - 30k:
Hanover:
0.0% (0)
State:
10.1% (2,939)
Number of households with income $30k - 40k:
Hanover:
0.0% (0)
Illinois:
7.7% (2,246)
Number of households with income $40k - 50k:
Hanover:
0.0% (0)
State:
7.9% (2,300)
Number of households with income $50k - 60k:
Hanover:
0.0% (0)
State:
8.5% (2,460)
Number of households with income $60k - 75k:
Hanover:
0.0% (0)
State:
10.7% (3,095)
Number of households with income $75k - 100k:
Hanover:
100.0% (16)
Illinois:
15.3% (4,451)
Number of households with income $100k - 125k:
Hanover:
0.0% (0)
State:
11.7% (3,386)
Number of households with income $125k - 150k:
Hanover:
0.0% (0)
Illinois:
7.8% (2,269)
Number of households with income $150k - 200k:
Hanover:
0.0% (0)
State:
5.8% (1,673)
Number of households with income > $200k:
Hanover:
0.0% (0)
Illinois:
4.1% (1,198)
Median per capita income in Hanover in 2022:
Hanover:
$32,617
State:
$26,979
Income statistics for Multirace residents
Number of households with income < $10k:
Hanover:
7.9% (3)
Illinois:
5.3% (21,595)
Number of households with income $10k - 20k:
Hanover:
13.2% (5)
State:
6.5% (26,720)
Number of households with income $20k - 30k:
Hanover:
0.0% (0)
Illinois:
8.0% (32,573)
Number of households with income $30k - 40k:
Hanover:
50.0% (19)
Illinois:
8.4% (34,383)
Number of households with income $40k - 50k:
Hanover:
0.0% (0)
Illinois:
7.4% (30,234)
Number of households with income $50k - 60k:
Hanover:
0.0% (0)
Illinois:
6.9% (28,432)
Number of households with income $60k - 75k:
Hanover:
0.0% (0)
Illinois:
10.2% (41,780)
Number of households with income $75k - 100k:
Hanover:
0.0% (0)
State:
13.0% (53,426)
Number of households with income $100k - 125k:
Hanover:
28.9% (11)
Illinois:
10.5% (43,126)
Number of households with income $125k - 150k:
Hanover:
0.0% (0)
Illinois:
7.6% (31,153)
Number of households with income $150k - 200k:
Hanover:
0.0% (0)
Illinois:
7.6% (30,946)
Number of households with income > $200k:
Hanover:
0.0% (0)
Illinois:
8.6% (35,208)
Aggregate household income in Hanover in 2022: $1,639,772
Median per capita income in Hanover in 2022:
Hanover:
$17,156
State:
$29,285
Change in median per capita income between 2000 and 2022:
Hanover, Illinois:
+86.0%
State:
+112.9%
Income statistics for other residents
Median per capita income in Hanover in 2022:
Hanover:
$3,055
State:
$25,392
Change in median per capita income between 2000 and 2022:
Hanover, Illinois:
+114.4%
Illinois:
+117.4%
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-43.5%
+90.2%
