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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 Rate3.1%
Poverty Rate7.7%
Gini Coefficient0.437
Cost of Living Index93.3

Commute

Mean Commute19 minutes
Drive Alone64.6%
Public Transit0.0%
Work From Home4.2%

Businesses

Total Establishments726
Restaurants77
Healthcare94
Retail114
Manufacturing44

Tax

IRS Avg AGI$65,883
Avg Property Tax$2,963