Living in New Hanover, Pennsylvania
Cost of living, income, home prices, rent and demographics of New Hanover · Census data 2020–2024
New Hanover has 13,448 residents with a median age of 42.1. The median household income is $140,913 (81% higher than the Pennsylvania median), the median home value is $432,200, the median rent is $1,297/month.
New Hanover at a glance
- Population
- 13,448
- Median age
- 42.1State: 40.9
- Median household income
- $140,913State: $77,971
- Median home value
- $432,200State: $254,500
- Median rent
- $1,297/moState: $1,209
- Homeowners
- 98.1%
- Bachelor's degree or higher
- 47.9%
- Average commute
- 32 min
Is New Hanover a good place to live?
Pros: Median household income 81% higher than the Pennsylvania median; unemployment of 4.6%; a poverty rate of 5.6%.
Cons: Home values 70% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in New Hanover
Housing is the biggest part of the cost of living. In New Hanover the median home value is $432,200, 30% higher than the U.S. median. Renters pay a median of $1,297 per month, which is 24.6% of household income. Homeowners with a mortgage pay $2,392 a month in housing costs.
New Hanover median household income
The median household income in New Hanover is $140,913 and the income per person is $57,624. 5.6% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in New Hanover: homes for sale and rent
- Housing units
- 4,850
- Owner-occupied
- 98.1%
- Renter-occupied
- 1.9%
- Vacant
- 2%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.83
New Hanover demographics
- Population
- 13,448
- Median age
- 42.1
- Under 18
- 26%
- 65 and older
- 15.7%
- Households
- 4,753
- Foreign-born
- 6%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of New Hanover ›
Education in New Hanover
47.9% of adults 25 and older in New Hanover have a bachelor's degree or higher (Pennsylvania: 35.2%), and 17.9% have a graduate or professional degree.
Jobs and commute in New Hanover
- Unemployment rate
- 4.6%State: 5.3%
- Average commute
- 32 minState: 26 min
- Work from home
- 21.3%
- Drive alone
- 72.2%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 91.8%
New Hanover vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Hanover | 13,448 | $140,913 | $432,200 | $1,297 |
| Gilbertsville | 6,165 | $116,818 | $359,100 | $1,171 |
| Douglass | 10,801 | $118,333 | $371,800 | $1,208 |
| Upper Frederick | 3,707 | $108,219 | $399,200 | $2,547 |
| Boyertown | 4,287 | $56,723 | $212,600 | $1,131 |
| Pottsgrove | 3,409 | $122,813 | $332,600 | $1,698 |
| New Berlinville | 1,432 | $77,143 | $169,500 | — |
| Upper Pottsgrove | 6,064 | $121,566 | $338,300 | $2,155 |
| Lower Frederick | 4,905 | $116,087 | $356,000 | $1,664 |
More for people moving to New Hanover
New Hanover ZIP code ›Weather and climate ›Living in New Hanover: FAQ
What is the median household income in New Hanover, PA?
The median household income in New Hanover is $140,913, 81% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Hanover?
The median home value in New Hanover is $432,200, compared with $254,500 in Pennsylvania.
How much is rent in New Hanover?
The median gross rent in New Hanover is $1,297 per month, about 24.6% of household income.
Is New Hanover, PA a good place to live?
Pluses: median household income 81% higher than the Pennsylvania median; unemployment of 4.6%; a poverty rate of 5.6%. Minuses: home values 70% higher than the state median; an average commute of 32 minutes.
What is the median age in New Hanover?
The median age in New Hanover is 42.1 years (Pennsylvania: 40.9).
How long is the commute in New Hanover?
The average commute to work in New Hanover is 32 minutes; 21.3% of workers work from home.
What is the unemployment rate in New Hanover?
The unemployment rate in New Hanover is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Hanover?
47.9% of adults in New 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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