IL area data
Hanover, IL
Hanover, IL.
Population: 1,338 (Census ACS)
The typical home value in Hanover, IL is $120,608 — down 5.1% over the past year. Homes sell for a median $154,000 after a median 13 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with cold wave, drought, hail the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).
$120,608
Typical home value
-5.1%
1-year change
13
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Typical home value
- $120,608
- 1-year appreciation
- -5.1%
- 3-year appreciation
- -8.3%
- Peak value since 2000 (Jul 2024)
- $133,209
- House Price Index (state)
- 340.3 (+5.5% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $154,000
- Median list price
- $165,000
- Median price per sqft
- $112
- Median days on market
- 13 days
- Homes sold (recent period)
- 3
- For-sale inventory
- 10
- Sale-to-list ratio
- 97.6%
- Active listings
- 7
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $668/mo
- 1BR fair-market rent
- $783/mo
- 2BR fair-market rent
- $959/mo
- 3BR fair-market rent
- $1,328/mo
- 4BR fair-market rent
- $1,336/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Above Average)
- 100.0 (100 = US avg)
- Electricity rate (state-level)
- 17.7¢/kWh
- Natural gas rate (state-level)
- $11.30/MCF
- 30-year mortgage rate (national)
- 7.40%
- 15-year mortgage rate (national)
- 6.73%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
- Avg student-teacher ratio
- 10.3 : 1
- Schools include
- River Ridge High School, River Ridge Middle School, River Ridge Elementary School
Source: NCES school directory, 2024-25 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Low
- Top hazards (county)
- cold wave, drought, hail, landslide, strong wind
- Notable hazard ratings (county)
- hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · cold wave: Relatively Moderate · landslide: Relatively Moderate · strong wind: Relatively Moderate
- Wildfire risk to homes (county)
- Higher than 19% of US counties
- Buildings in wildfire direct-exposure zone
- 58.4%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- 1
- Nearest Superfund site
- Savanna Army Depot Activity (4.6 mi)
Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 49.0°F
- Average high
- 60.0°F
- Average low
- 37.0°F
- Annual precipitation
- 40.3 in
- Annual snowfall
- 33.4 in
- USDA plant hardiness zone
- 5a (extreme annual low -20 to -15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 33
- Days with Good air quality
- 325
- Days with Moderate air quality
- 16
- Highest AQI recorded (year)
- 87
Source: EPA annual air quality index (county-level)
Amenities
- Airports within 30 mi
- 23
- Nearest airport
- Merkle Airport (3 mi)
- Nearest major airport
- Dubuque Regional Airport (DBQ) (23 mi)
- Hospitals in or near this ZIP
- 13
- Hospitals include
- CGH MEDICAL CENTER, FHN MEMORIAL HOSPITAL, MIDWEST MEDICAL CENTER
- Avg hospital rating (CMS)
- 3.2 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- Solar radiation rating
- Fair (3.9 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +19 tax filers
Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)
Housing stock
- Median year housing built
- 1961
- Housing built before 1970
- 64.7%
- Housing built 2000 or later
- 10.9%
- Median annual property tax
- $1,921
- Mean commute to work
- 29 min
- Households with broadband internet
- 61.6%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 6,201
- Average weekly wage
- $943
- Top industries (by employment)
- Accommodation & Food, Construction, Other Services
- Annual residential building permits (county)
- 42
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Hanover | State median | US median | |
|---|---|---|---|
| Typical home value | $120,608 | $194,869 | $288,527 |
| Median sale price | $154,000 | $212,000 | $325,000 |
| Median days on market | 13 days | 48 days | 51 days |
| Median annual property tax | $1,921 | $2,696 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the typical home value in Hanover, IL?
- $120,608.
- What is the median sale price in Hanover, IL?
- $154,000.
- How long do homes take to sell in Hanover, IL?
- Median days on market: 13 days.
- What is typical rent in Hanover, IL?
- 2-bedroom fair-market rent: $959/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in Hanover, IL?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: cold wave, drought, hail, landslide, strong wind.
- What is the wildfire risk in Hanover, IL?
- Risk to homes is higher than 19% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Hanover, IL?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Hanover, IL?
- 1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Savanna Army Depot Activity, 4.6 mi.
- How many schools serve Hanover, IL?
- 3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
- What is the air quality in Hanover, IL?
- Good. Median AQI: 33. (EPA AQI).
- What is the cost of living in Hanover, IL?
- Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).
ZIP code for Hanover
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Data last updated
Most recent source refresh: Oct 2026. See all data sources →