Median Income
$43,802
household / year
Median Home Value
$85,700
owner-occupied
Median Rent
$711
gross / month
Cost of Living
90
national avg = 100

Is Hanover, IL a Good Place to Live?

Hanover is a small town of 849 in Illinois, with a median household income of $43,802 and a 2.6% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Hanover stands out for an affordable cost of living, below-average home prices, solid school ratings (B+).

Trade-offs: No major red flags stand out in the available data. Whether Hanover is right for you depends on your priorities — the full breakdown is below.

All Hanover city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.7

Hanover's overall cost of living index is 89.7, where 100 represents the US national average. Living in Hanover costs roughly 10% less than the average American city.

Metric Hanover, IL National Avg
Median Home Value $85,700 $244,900
Median Monthly Rent $711 $1,163
Homeownership Rate 63.9% 65.9%
Median Household Income $43,802 $74,755

Crime & Safety

Crime data for Hanover is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Hanover is served primarily by River Ridge CUSD 210. The student-to-teacher ratio is 10.3:1 (better than the national average of ~16:1).

Metric Hanover, IL National Avg
School District River Ridge CUSD 210 —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 10.3:1 16:1
Bachelor's Degree or Higher 12.8% 35.4%
High School Diploma or Higher 89.9% 91.1%

Weather & Climate

Hanover sees average highs of 28.0°F in January and 83.3°F in July, with 39.4 inches of annual precipitation and 30.2 inches of snow per year.

MetricHanover, IL
Average High — January28.0°F
Average High — July83.3°F
Annual Precipitation39.4"
Annual Snowfall30.2"

Demographics

MetricHanover, ILNational Avg
Population849—
Median Age41.338.9
Unemployment Rate2.6%3.7%
Avg Commute Time28.2 min26 min
White (non-Hispanic)85.3%59.3%
Black or African American3.9%13.6%
Hispanic or Latino0.8%18.9%
Asian0.5%6.3%
Under 1827.1%22.2%
65 and over23.7%16.8%

Nearby Cities

ZIP Codes in Hanover

Hanover, IL is covered by 1 ZIP code:

Hanover vs Other Cities

Frequently Asked Questions

Hanover's cost of living index is 90, where 100 is the national average. That makes Hanover roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $85,700 and median rent is $711/month.
Crime data for Hanover is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Hanover are operated by River Ridge CUSD 210. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 10.3:1. 12.8% of adults 25+ hold a bachelor's degree or higher.
Hanover, IL has a population of 849, a median household income of $43,802, and an unemployment rate of 2.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hanover averages 28.0°F in January and 83.3°F in July. Annual rainfall is 39.4 inches with about 30.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Hanover, IL is covered by 1 ZIP code: 61041.
The population of Hanover, Illinois is 849 with a median age of 41.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hanover: cost of living index 90 (100 = US average), median home $85,700, median household income $43,802, schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Hanover side by side with your current city to see the trade-offs.