Living in Hanover, New Hampshire
Cost of living, income, home prices, rent and demographics of Hanover · Census data 2020–2024
Hanover has 11,685 residents with a median age of 28.7. The median household income is $169,583 (71% higher than the New Hampshire median), the median home value is $824,900, the median rent is $2,253/month.
Hanover at a glance
- Population
- 11,685
- Median age
- 28.7State: 43.3
- Median household income
- $169,583State: $99,031
- Median home value
- $824,900State: $402,500
- Median rent
- $2,253/moState: $1,491
- Homeowners
- 73.7%
- Bachelor's degree or higher
- 88.2%
- Average commute
- 20 min
Is Hanover a good place to live?
Pros: Median household income 71% higher than the New Hampshire median; an average commute of 20 minutes; a poverty rate of 5.6%.
Cons: Home values 105% higher than the state median; unemployment of 6.7%.
The weather is best in May–June and August–September.
Cost of living in Hanover
Housing is the biggest part of the cost of living. In Hanover the median home value is $824,900, 148% higher than the U.S. median. Renters pay a median of $2,253 per month, which is 39.6% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Hanover median household income
The median household income in Hanover is $169,583 and the income per person is $67,819. 5.6% of residents live below the poverty line (New Hampshire: 7.2%).
Housing in Hanover: homes for sale and rent
- Housing units
- 4,056
- Owner-occupied
- 73.7%
- Renter-occupied
- 26.3%
- Vacant
- 16.7%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.26
Hanover demographics
- Population
- 11,685
- Median age
- 28.7
- Under 18
- 14.4%
- 65 and older
- 19.7%
- Households
- 3,378
- Foreign-born
- 15.2%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Hanover ›
Education in Hanover
88.2% of adults 25 and older in Hanover have a bachelor's degree or higher (New Hampshire: 40.6%), and 63.8% have a graduate or professional degree.
Jobs and commute in Hanover
- Unemployment rate
- 6.7%State: 3.3%
- Average commute
- 20 minState: 27 min
- Work from home
- 26.4%
- Drive alone
- 51.9%
- Public transit
- 0.2%
- Walk to work
- 11.5%
- Homes with broadband
- 86.2%
Hanover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hanover | 11,685 | $169,583 | $824,900 | $2,253 |
| Lebanon | 14,999 | $98,147 | $385,400 | $1,744 |
| Wilder | 3,087 | $75,143 | $273,200 | $1,142 |
| Canaan | 3,811 | $81,583 | $254,000 | $1,140 |
| Norwich | 3,640 | $140,313 | $637,500 | $1,460 |
| Lyme | 1,710 | $133,906 | $645,000 | $1,418 |
| Hartford Village | 426 | $92,500 | $277,600 | $1,221 |
| Thetford | 2,813 | $88,045 | $329,500 | $1,141 |
| White River Junction | 3,364 | $77,168 | $278,800 | $1,222 |
More for people moving to Hanover
Hanover ZIP code ›Weather and climate ›Living in Hanover: FAQ
What is the median household income in Hanover, NH?
The median household income in Hanover is $169,583, 71% higher than the New Hampshire median of $99,031 (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 $824,900, compared with $402,500 in New Hampshire.
How much is rent in Hanover?
The median gross rent in Hanover is $2,253 per month, about 39.6% of household income.
Is Hanover, NH a good place to live?
Pluses: median household income 71% higher than the New Hampshire median; an average commute of 20 minutes; a poverty rate of 5.6%. Minuses: home values 105% higher than the state median; unemployment of 6.7%.
What is the median age in Hanover?
The median age in Hanover is 28.7 years (New Hampshire: 43.3).
How long is the commute in Hanover?
The average commute to work in Hanover is 20 minutes; 26.4% of workers work from home.
What is the unemployment rate in Hanover?
The unemployment rate in Hanover is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hanover?
88.2% 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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