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Hanover, MB

Full City Profile · Manitoba

3.2 /5.0
B Good
17,216 Population 61/sq mi density
$88,000 Median Income $40,680 per capita
$320,000 Home Value
$1,080 Median Rent 15.8% income on rent
37°F Avg Temperature 295 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$88,000 median income, 5.1% unemployment
A+
Affordability
4.6 / 5.0
$320,000 home value, $1,080/mo rent
C+
Safety
2.5 / 5.0
D
Education
1.6 / 5.0
7.8% bachelor's degree or higher

Hanover, MB

At a Glance

Median Income
$88,000
17% above
$40,680 per capita
Home Value
$320,000
14% above
Median Rent
$1,080/mo
7% below
15.8% of income on rent
Bachelor's Degree+
7.8%
77% below
35.8% high school+
Unemployment
5.1%
42% above
12.9% poverty rate
Avg Temperature
37°F
295 sunny days/yr

How Hanover Compares to the U.S. Average

Each bar shows Hanover's value as a percentage of the national average (100% = U.S. avg)

Income
117%
Home Value
114%
Rent
93%
Poverty
104%
Bachelor's
23%
Unemployment
142%
Thin vertical line = U.S. national average (100%)

Is Hanover a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Hanover residents earn a median household income of $88,000 , which is 17% above the national average of $75,149. Per capita income is $40,680. The unemployment rate stands at 5.1% (42% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 534 business establishments.

Housing & Cost of Living

The median home value in Hanover is $320,000 , 14% above the national median of $281,900. Median rent is $1,080/month, with 15.8% of renters spending more than 30% of income on housing.

Education

7.8% of adults in Hanover hold a bachelor's degree or higher (77% below the national average). 35.8% have completed high school.

Climate & Weather

Hanover has an average annual temperature of 37°F (3°C). Winters average 0°F in January while summers reach 67°F in July. The area gets 295 sunny days per year. Annual precipitation totals 22.8 inches.

Data Overview

People

Population17,216
Median Age28.8 yrs
Density61/mi²
Male / Female51% / 49%

Economy

B+
Median Income$88,000
Per Capita$40,680
Unemployment5.1%
Poverty12.9%
Avg Weekly Wage$782

Housing

A+
Home Value$320,000
Rent$1,080
Ownership84.5%
Housing Units5,140
Rent Burden15.8%

Crime

C+
Property3,500/100K
Burglary484/100K

Climate

Avg Temp37°F
Sunny Days295/yr
Rain22.8 in/yr
Elevation912 ft

Education

D
Bachelor's+7.8%
High School+35.8%
Graduate+1.1%

Community

Commute26 min

Did You Know?

15.7% work from home.