Living in Hanson, Kentucky

Cost of living, income, home prices, rent and demographics of Hanson · Census data 2020–2024

Hanson has 958 residents with a median age of 42.1. The median household income is $95,903 (50% higher than the Kentucky median), the median home value is $141,500, the median rent is $950/month.

Hanson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Hanson at a glance

Population
958
Median age
42.1State: 39.1
Median household income
$95,903State: $63,726
Median home value
$141,500State: $205,600
Median rent
$950/moState: $967
Homeowners
90.8%
Bachelor's degree or higher
22.9%
Average commute
19 min

Is Hanson a good place to live?

Pros: Median household income 50% higher than the Kentucky median; home values 31% lower than the state median; an average commute of 19 minutes; unemployment of 2.6%; a poverty rate of 7.6%.

The weather is best in April–May and September–October.

Cost of living in Hanson

Housing is the biggest part of the cost of living. In Hanson the median home value is $141,500, 57% lower than the U.S. median. Renters pay a median of $950 per month, which is 30.8% of household income. Homeowners with a mortgage pay $1,065 a month in housing costs.

Median home value

Hanson$141,500
Kentucky$205,600
United States$332,700

Median monthly rent

Hanson$950
Kentucky$967
United States$1,413

Hanson median household income

The median household income in Hanson is $95,903 and the income per person is $36,549. 7.6% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Hanson$95,903
Kentucky$63,726
United States$80,734

Housing in Hanson: homes for sale and rent

Housing units
400
Owner-occupied
90.8%
Renter-occupied
9.2%
Vacant
4.8%Includes seasonal homes
Median year built
1977
Average household size
2.33

Hanson demographics

Population
958
Median age
42.1
Under 18
25.5%
65 and older
30.5%
Households
381
Foreign-born
1.3%
Veterans
13.3%Adults 18+

Race and ethnicity

White95.4%
Hispanic or Latino4.2%
Black0%
Asian1%

Hispanic or Latino can be of any race. Population history of Hanson ›

Education in Hanson

22.9% of adults 25 and older in Hanson have a bachelor's degree or higher (Kentucky: 27.6%), and 5.5% have a graduate or professional degree.

Bachelor's degree or higher

Hanson22.9%
Kentucky27.6%
United States35.7%

Jobs and commute in Hanson

Unemployment rate
2.6%State: 4.9%
Average commute
19 minState: 24 min
Work from home
8.7%
Drive alone
89.3%
Public transit
0%
Walk to work
0%
Homes with broadband
97.1%

Hanson vs nearby towns

TownPopulationMedian incomeHome valueRent
Hanson958$95,903$141,500$950
Slaughters175$35,625$72,100$1,208
Madisonville19,515$53,860$164,100$838
Nebo217$49,844$95,000$967
Earlington1,084$38,194$64,000$680
Sacramento317$34,107$75,300$382
Sebree1,825$58,707$106,500$862
Dixon1,036$46,607$82,500$781
Bremen285$68,125$129,700$624

More for people moving to Hanson

Hanson ZIP code ›Weather and climate ›

Living in Hanson: FAQ

What is the median household income in Hanson, KY?

The median household income in Hanson is $95,903, 50% higher than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Hanson?

The median home value in Hanson is $141,500, compared with $205,600 in Kentucky.

How much is rent in Hanson?

The median gross rent in Hanson is $950 per month, about 30.8% of household income.

Is Hanson, KY a good place to live?

Pluses: median household income 50% higher than the Kentucky median; home values 31% lower than the state median; an average commute of 19 minutes; unemployment of 2.6%; a poverty rate of 7.6%.

What is the median age in Hanson?

The median age in Hanson is 42.1 years (Kentucky: 39.1).

How long is the commute in Hanson?

The average commute to work in Hanson is 19 minutes; 8.7% of workers work from home.

What is the unemployment rate in Hanson?

The unemployment rate in Hanson is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hanson?

22.9% of adults in Hanson have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

Last updated: