Living in Hanover, New Mexico
Cost of living, income, home prices, rent and demographics of Hanover · Census data 2020–2024
Hanover has 263 residents with a median age of 31.5. The median household income is $31,000 (52% lower than the New Mexico median).
Hanover is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hanover at a glance
- Population
- 263
- Median age
- 31.5State: 39.4
- Median household income
- $31,000State: $64,059
- Homeowners
- 100%
- Bachelor's degree or higher
- 0%
Is Hanover a good place to live?
Cons: Median household income 52% lower than the New Mexico median.
The weather is best in April–May and September–October.
Hanover median household income
The median household income in Hanover is $31,000 and the income per person is $14,825. 0% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Hanover: homes for sale and rent
- Housing units
- 118
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.23
Hanover demographics
- Population
- 263
- Median age
- 31.5
- Under 18
- 0%
- 65 and older
- 0%
- Households
- 118
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Hanover ›
Education in Hanover
0% of adults 25 and older in Hanover have a bachelor's degree or higher (New Mexico: 31%), and 0% have a graduate or professional degree.
Jobs and commute in Hanover
- Unemployment rate
- 0%State: 6%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 75.4%
Hanover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hanover | 263 | $31,000 | — | — |
| Santa Clara | 1,809 | $57,898 | $141,500 | $543 |
| Bayard | 2,057 | $34,477 | $117,700 | $716 |
| Arenas Valley | 1,247 | $44,300 | $189,900 | — |
| Mimbres | 330 | $66,250 | $179,400 | — |
| Hurley | 1,044 | $36,202 | $89,700 | $545 |
| San Lorenzo | 219 | $71,167 | — | — |
| Silver City | 9,536 | $38,711 | $182,100 | $866 |
| Little Walnut Village | 1,445 | $125,175 | $292,700 | — |
More for people moving to Hanover
Hanover ZIP code ›Weather and climate ›Living in Hanover: FAQ
What is the median household income in Hanover, NM?
The median household income in Hanover is $31,000, 52% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
Is Hanover, NM a good place to live?
Minuses: median household income 52% lower than the New Mexico median.
What is the median age in Hanover?
The median age in Hanover is 31.5 years (New Mexico: 39.4).
What is the unemployment rate in Hanover?
The unemployment rate in Hanover is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hanover?
0% 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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