All Countries
Hanover, IL
Full City Profile · Illinois · Jo Daviess County County
2.7
/5.0
C+
Fair
847
Population
756/sq mi density
$39,583
Median Income
$24,413 per capita
$86,200
Home Value
$109,231 Zillow
$751
Median Rent
37.3% income on rent
48°F
Avg Temperature
260 sunny days/yr
132
Violent Crime/100K
1,325 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$39,583 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$86,200 home value, $751/mo rent
F
Safety
1.0 / 5.0
132 violent crimes/100K
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher
Housing Overview
Median Home Value
$86,200
69% below
US avg: $281,900
Median Rent
$751/mo
35% below
US avg: $1,163/mo
Homeownership Rate
65.4%
0% below US avg (65.4%)
Total Housing Units
464
Median year built: 1943
Home Value by Source
Census Median
$86,200
Zillow (ZHVI)
$109,231
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.4%
Owner-Occupied
34.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$751/mo
Affordability & Housing Stock
Rent Burden
37.3%
of renters spending 30%+ of income on housing
20% above US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
65.4%
Complete Housing Data
Home Values
| Census Median Value | $86,200 |
| Zillow Home Value (ZHVI) | $109,231 |
Rent
| Census Median Rent | $751 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 65.4% |
| Renter-Occupied | 34.6% |
| Homeownership Rate | 65.4% |
| Total Housing Units | 464 |
| Median Year Built | 1943 |
| Rent Burden | 37.3% |