Living in North Hanover, New Jersey
Cost of living, income, home prices, rent and demographics of North Hanover · Census data 2020–2024
North Hanover has 8,011 residents with a median age of 30.3. The median household income is $86,683 (16% lower than the New Jersey median), the median home value is $319,700, the median rent is $2,294/month.
North Hanover at a glance
- Population
- 8,011
- Median age
- 30.3State: 40.1
- Median household income
- $86,683State: $103,556
- Median home value
- $319,700State: $454,400
- Median rent
- $2,294/moState: $1,720
- Homeowners
- 44.7%
- Bachelor's degree or higher
- 31.5%
- Average commute
- 24 min
Is North Hanover a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 24 minutes; unemployment of 6%; a poverty rate of 8.7%.
Cons: Median household income 16% lower than the New Jersey median.
The weather is best in May–June and August–September.
Cost of living in North Hanover
Housing is the biggest part of the cost of living. In North Hanover the median home value is $319,700, 4% lower than the U.S. median. Renters pay a median of $2,294 per month, which is 37.5% of household income. Homeowners with a mortgage pay $2,753 a month in housing costs.
North Hanover median household income
The median household income in North Hanover is $86,683 and the income per person is $35,427. 8.7% of residents live below the poverty line (New Jersey: 9.7%).
Housing in North Hanover: homes for sale and rent
- Housing units
- 3,135
- Owner-occupied
- 44.7%
- Renter-occupied
- 55.3%
- Vacant
- 9.8%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.83
North Hanover demographics
- Population
- 8,011
- Median age
- 30.3
- Under 18
- 29.9%
- 65 and older
- 9.3%
- Households
- 2,828
- Foreign-born
- 6.7%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of North Hanover ›
Education in North Hanover
31.5% of adults 25 and older in North Hanover have a bachelor's degree or higher (New Jersey: 43.6%), and 7.3% have a graduate or professional degree.
Jobs and commute in North Hanover
- Unemployment rate
- 6%State: 6.3%
- Average commute
- 24 minState: 31 min
- Work from home
- 16.4%
- Drive alone
- 72.2%
- Public transit
- 0.6%
- Walk to work
- 1.7%
- Homes with broadband
- 95.9%
North Hanover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| North Hanover | 8,011 | $86,683 | $319,700 | $2,294 |
| New Egypt | 2,050 | $74,063 | $355,700 | $1,716 |
| Cookstown | 646 | $107,083 | $380,500 | — |
| Cream Ridge | 727 | $212,768 | $864,500 | — |
| McGuire AFB | 4,400 | $74,071 | — | $2,541 |
| Crosswicks | 900 | $161,012 | $688,000 | — |
| Chesterfield | 9,150 | $208,836 | $560,000 | $2,500 |
| Wrightstown | 448 | $49,500 | $256,300 | $1,270 |
| New Hanover | 7,231 | $107,292 | $360,200 | $2,985 |
More for people moving to North Hanover
North Hanover ZIP code ›Weather and climate ›Living in North Hanover: FAQ
What is the median household income in North Hanover, NJ?
The median household income in North Hanover is $86,683, 16% lower than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in North Hanover?
The median home value in North Hanover is $319,700, compared with $454,400 in New Jersey.
How much is rent in North Hanover?
The median gross rent in North Hanover is $2,294 per month, about 37.5% of household income.
Is North Hanover, NJ a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 24 minutes; unemployment of 6%; a poverty rate of 8.7%. Minuses: median household income 16% lower than the New Jersey median.
What is the median age in North Hanover?
The median age in North Hanover is 30.3 years (New Jersey: 40.1).
How long is the commute in North Hanover?
The average commute to work in North Hanover is 24 minutes; 16.4% of workers work from home.
What is the unemployment rate in North Hanover?
The unemployment rate in North Hanover is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is North Hanover?
31.5% of adults in North 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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