Hanover Park, IL's Data
About Hanover Park, IL's
Hanover Park is a village located in both Cook and DuPage counties in Illinois. Established in 1958, it has grown into a vibrant suburban community within the Chicago metropolitan area. The village's strategic location, just about 30 miles northwest of downtown Chicago, has played a crucial role in its development. Hanover Park is known for its diverse population and family-friendly environment, making it a desirable place for residents seeking a suburban lifestyle with proximity to urban amenities.
City: Hanover Park
State: Illinois
Country: United States
Population: Approximately 38,000 as of the latest estimates.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Hanover Park, IL
Hike: Here are a couple of local trails to check out!
Local Attractions in Hanover Park, IL
Ontarioville Historic District - A notable area in Hanover Park with historical significance, reflecting the village's past.
Hanover Park Park District - Offers a variety of recreational programs, facilities, and parks that cater to families and individuals of all ages.
Greenbrook Tanglewood Park - A popular local park featuring sports fields, playgrounds, and walking paths.
Hanover Park Community Library - Provides a wealth of resources and programs that promote education and community engagement.
Seafari Springs Aquatic Center - A family-friendly water park that is especially popular during the summer months.
The Economy of Hanover Park, IL
The economy of Hanover Park is largely influenced by its proximity to Chicago, benefiting from the broader economic activities of the metropolitan area. The village supports a mix of local businesses and services that cater to the daily needs of its residents. Retail, healthcare, and educational services form the backbone of the local economy, with numerous small businesses thriving in its commercial districts. The presence of the Metra train station enhances its connectivity and attractiveness for commuters, thus supporting local economic stability.
Hanover Park, IL Inflation
Understanding the BLS and Inflation in Hanover Park, IL
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hanover Park, IL. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Hanover Park, IL understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Hanover Park, IL using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Hanover Park, IL when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Hanover park, IL
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