Hanover, IN
Full City Profile · Indiana · Jefferson County County
3.1
/5.0
B
Good
3,584
Population
1,614/sq mi density
$58,194
Median Income
$23,048 per capita
$126,300
Home Value
$213,707 Zillow
$913
Median Rent
26.4% income on rent
56°F
Avg Temperature
290 sunny days/yr
551
Violent Crime/100K
3,839 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$58,194 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$126,300 home value, $913/mo rent
F
Safety
1.0 / 5.0
551 violent crimes/100K (45% above avg)
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher
Income Overview
Median Household Income
$58,194
23% below
US avg: $75,149
Per Capita Income
$23,048
41% below
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
7.7%
38% below
US avg: 12.4%
Income Comparison: Hanover vs. U.S. Average
Each bar shows Hanover’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$58,194
77%
Per Capita
US: $39,052
$23,048
59%
IRS Avg AGI
US: $72,000
$65,883
92%
Avg Weekly Wage
US: $1,432
$978
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$978
32% below US avg ($1,432)
Mean Commute Time
19 min
33% below US avg (28 min)
Work From Home
4.2%
72% below US avg (15.2%)
Drive Alone
64.6%
12% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,066M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
64.6%
Public Transit
0%
Work From Home
4.2%
Other
31.2%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
726
Restaurants
77
Healthcare
94
Retail
114
Manufacturing
44
Tax & Financial
IRS Avg Adjusted Gross Income
$65,883
8% below US avg ($72,000)
Avg Property Tax
$2,963
15% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $58,194 |
| Per Capita Income | $23,048 |
| IRS Avg Adjusted Gross Income | $65,883 |
| Avg Weekly Wage | $978 |
| County GDP | $2,066M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 7.7% |
| Gini Coefficient | 0.437 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 64.6% |
| Public Transit | 0.0% |
| Work From Home | 4.2% |
Businesses
| Total Establishments | 726 |
| Restaurants | 77 |
| Healthcare | 94 |
| Retail | 114 |
| Manufacturing | 44 |
Tax
| IRS Avg AGI | $65,883 |
| Avg Property Tax | $2,963 |
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