Living in Hanover, Massachusetts
Cost of living, income, home prices, rent and demographics of Hanover · Census data 2020–2024
Hanover has 14,845 residents with a median age of 41.8. The median household income is $189,803 (83% higher than the Massachusetts median), the median home value is $755,400, the median rent is $1,845/month.
Hanover at a glance
- Population
- 14,845
- Median age
- 41.8State: 40
- Median household income
- $189,803State: $103,960
- Median home value
- $755,400State: $562,100
- Median rent
- $1,845/moState: $1,762
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 56.8%
- Average commute
- 32 min
Is Hanover a good place to live?
Pros: Median household income 83% higher than the Massachusetts median; a poverty rate of 4.8%.
Cons: Home values 34% higher than the state median; an average commute of 32 minutes; unemployment of 6.5%.
The weather is best in June to September.
Cost of living in Hanover
Housing is the biggest part of the cost of living. In Hanover the median home value is $755,400, 127% higher than the U.S. median. Renters pay a median of $1,845 per month, which is 44.8% of household income. Homeowners with a mortgage pay $3,387 a month in housing costs.
Hanover median household income
The median household income in Hanover is $189,803 and the income per person is $74,076. 4.8% of residents live below the poverty line (Massachusetts: 10%).
Housing in Hanover: homes for sale and rent
- Housing units
- 5,131
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 2.3%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.94
Hanover demographics
- Population
- 14,845
- Median age
- 41.8
- Under 18
- 26.1%
- 65 and older
- 16.1%
- Households
- 5,015
- Foreign-born
- 4.7%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Hanover ›
Education in Hanover
56.8% of adults 25 and older in Hanover have a bachelor's degree or higher (Massachusetts: 47.3%), and 22.7% have a graduate or professional degree.
Jobs and commute in Hanover
- Unemployment rate
- 6.5%State: 5.2%
- Average commute
- 32 minState: 29 min
- Work from home
- 19.6%
- Drive alone
- 73.8%
- Public transit
- 2.5%
- Walk to work
- 0.1%
- Homes with broadband
- 95.7%
Hanover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hanover | 14,845 | $189,803 | $755,400 | $1,845 |
| Rockland | 17,701 | $112,405 | $472,900 | $1,610 |
| Norwell | 11,361 | $188,699 | $865,700 | $2,215 |
| North Pembroke | 3,393 | $194,309 | $536,000 | $2,585 |
| Pembroke | 18,382 | $146,285 | $586,500 | $2,464 |
| Hanson | 10,660 | $132,200 | $533,900 | $1,821 |
| Abington | 17,053 | $125,400 | $539,600 | $1,724 |
| Whitman | 15,295 | $108,933 | $472,700 | $1,771 |
| Marshfield Hills | 1,978 | $216,250 | $851,700 | — |
More for people moving to Hanover
Hanover ZIP code ›Weather and climate ›Living in Hanover: FAQ
What is the median household income in Hanover, MA?
The median household income in Hanover is $189,803, 83% higher than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Hanover?
The median home value in Hanover is $755,400, compared with $562,100 in Massachusetts.
How much is rent in Hanover?
The median gross rent in Hanover is $1,845 per month, about 44.8% of household income.
Is Hanover, MA a good place to live?
Pluses: median household income 83% higher than the Massachusetts median; a poverty rate of 4.8%. Minuses: home values 34% higher than the state median; an average commute of 32 minutes; unemployment of 6.5%.
What is the median age in Hanover?
The median age in Hanover is 41.8 years (Massachusetts: 40).
How long is the commute in Hanover?
The average commute to work in Hanover is 32 minutes; 19.6% of workers work from home.
What is the unemployment rate in Hanover?
The unemployment rate in Hanover is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hanover?
56.8% of adults in Hanover 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.
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