At a Glance
Median Income
$147,944
$52,771 per capita
Home Value
$421,700
Zillow: $443,613
Median Rent
$1,806/mo
24.9% of income on rent
Violent Crime
41/100K
2,340/100K property
Bachelor's Degree+
47.8%
99.5% high school+
Unemployment
0.9%
1.9% poverty rate
Obesity Rate
31.1%
10.3% smoking rate
Avg Temperature
44°F
270 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)
Thin vertical line = U.S. national average (100%)
Is Hanover a Good Place to Live?
A
4.0 / 5.0 — Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Hanover residents earn a median household income of $147,944 , which is 97% above the national average of $75,149.
Per capita income is $52,771. The unemployment rate stands at 0.9% (75% below the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 44,785 business establishments, including 3,018 restaurants.
Housing & Cost of Living
The median home value in Hanover is $421,700 , 50% above the national median of $281,900.
Zillow estimates the typical home at $443,613. Median rent is $1,806/month, with 24.9% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 2003.
Safety & Crime
Hanover reports 41 violent crimes per 100,000 residents
, which is 89% below the national average of 380/100K.
Property crime is 2,340/100K.
Education
47.8% of adults in Hanover hold a bachelor's degree or higher
(42% above the national average).
99.5% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Hanover has an average annual temperature of 44°F (7°C).
Winters average 12°F in January while summers reach 71°F in July. The area gets 270 sunny days per year. Annual precipitation totals 31.7 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population3,495
Median Age37.6 yrs
Density637/mi²
Male / Female49% / 51%
Foreign Born13.6%
Veterans3.7%
Economy
A+
Median Income$147,944
Per Capita$52,771
Unemployment0.9%
Poverty1.9%
County GDP$193,617M
Avg Weekly Wage$1,734
Housing
A+
Home Value$421,700
Rent$1,806
Ownership91.9%
Zillow$443,613
Housing Units1,156
Rent Burden24.9%
Crime
F
Violent41/100K
Property2,340/100K
Health
Obesity31.1%
Diabetes6.9%
Smoking10.3%
Heart Disease4.1%
Premature Death6,600/100K
Climate
Avg Temp44°F
Sunny Days270/yr
Rain31.7 in/yr
AQI36 (Good)
Elevation904 ft
Education
A+
Bachelor's+47.8%
High School+99.5%
Graduate+11.8%
School Score6.2/10
Community
2024 VoteR 28% / D 70%
Commute31 min
Broadband95.8%
Internet Speed200 Mbps
EV Stations2
Libraries41
Did You Know?
The median home in Hanover was built in 2003.
22.5% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (29 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
3.8% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 200 Mbps.
There are 3,018 restaurants in the area.
The county recorded 60 fatal vehicle crashes.
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