Hanoverton, OH

Full City Profile · Ohio · Columbiana County County

4.0 /5.0
A Great
423 Population 604/sq mi density
$70,000 Median Income $30,809 per capita
$135,400 Home Value $199,887 Zillow
$763 Median Rent 10.4% income on rent
50°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.4 / 5.0
$70,000 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$135,400 home value, $763/mo rent
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher

Hanoverton, OH

At a Glance

Median Income
$70,000
7% below
$30,809 per capita
Home Value
$135,400
52% below
Zillow: $199,887
Median Rent
$763/mo
34% below
10.4% of income on rent
Bachelor's Degree+
18.8%
44% below
93.0% high school+
Unemployment
1.4%
61% below
4.0% poverty rate
Obesity Rate
41.1%
28% above
19.2% smoking rate
Avg Temperature
50°F

How Hanoverton Compares to the U.S. Average

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

Income
93%
Home Value
48%
Rent
66%
Poverty
32%
Bachelor's
56%
Unemployment
39%
Thin vertical line = U.S. national average (100%)

Is Hanoverton 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

Hanoverton residents earn a median household income of $70,000 , which is 7% below the national average of $75,149. Per capita income is $30,809. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 4.0% of residents live below the poverty line. The area is home to 2,244 business establishments, including 179 restaurants.

Housing & Cost of Living

The median home value in Hanoverton is $135,400 , 52% below the national median of $281,900. Zillow estimates the typical home at $199,887. Median rent is $763/month, with 10.4% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1954.

Education

18.8% of adults in Hanoverton hold a bachelor's degree or higher (44% below the national average). 93.0% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Hanoverton has an average annual temperature of 50°F (10°C). Winters average 26°F in January while summers reach 71°F in July. Annual precipitation totals 43.3 inches.

Data Overview

People

Population423
Median Age44.3 yrs
Density604/mi²
Male / Female45% / 55%
Foreign Born1.9%
Veterans5.6%

Economy

A
Median Income$70,000
Per Capita$30,809
Unemployment1.4%
Poverty4.0%
County GDP$4,813M
Avg Weekly Wage$948

Housing

A+
Home Value$135,400
Rent$763
Ownership79.6%
Zillow$199,887
Housing Units150
Rent Burden10.4%

Health

Obesity41.1%
Diabetes11.6%
Smoking19.2%
Heart Disease6.3%
Premature Death10,611/100K

Climate

Avg Temp50°F
Rain43.3 in/yr
Elevation1,142 ft

Education

C+
Bachelor's+18.8%
High School+93.0%
Graduate+5.8%
School Score5.7/10

Community

2024 VoteR 74% / D 25%
Commute30 min
Broadband90.7%
Internet Speed104 Mbps
EV Stations1
Libraries7

Did You Know?

The median home in Hanoverton was built in 1954.
The nearest airport is Akron-Canton Regional (29 miles).
The Gini coefficient (income inequality) is 0.439 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.2% of the population has a disability.
Average internet download speed is 104 Mbps.
There are 179 restaurants in the area.
The county recorded 11 fatal vehicle crashes.