All Countries
Hanover, NM
Full City Profile · New Mexico · Grant County County
3.7
/5.0
B+
Good
276
Population
197/sq mi density
$32,194
Median Income
$18,338 per capita
$95,400
Home Value
$199,263 Zillow
60°F
Avg Temperature
330 sunny days/yr
60
Violent Crime/100K
1,968 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$32,194 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$95,400 home value, /mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$95,400
66% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
92
Median year built: 1938
Home Value by Source
Census Median
$95,400
Zillow (ZHVI)
$199,263
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Affordability & Housing Stock
Rent Burden
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $95,400 |
| Zillow Home Value (ZHVI) | $199,263 |
Rent
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 92 |
| Median Year Built | 1938 |
| Rent Burden | 29.6% |