Living in Hanover, Wisconsin

Cost of living, income, home prices, rent and demographics of Hanover · Census data 2020–2024

Hanover has 130 residents with a median age of 32.7. The median household income is $60,972 (21% lower than the Wisconsin median), the median home value is $150,000.

Hanover is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Hanover at a glance

Population
130
Median age
32.7State: 40.2
Median household income
$60,972State: $77,485
Median home value
$150,000State: $266,500
Homeowners
81.4%
Bachelor's degree or higher
22.1%
Average commute
28 min

Is Hanover a good place to live?

Pros: Home values 44% lower than the state median; a poverty rate of 3.8%.

Cons: Median household income 21% lower than the Wisconsin median; an average commute of 28 minutes.

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 $150,000, 55% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,083 a month in housing costs.

Median home value

Hanover$150,000
Wisconsin$266,500
United States$332,700

Median monthly rent

Wisconsin$1,087
United States$1,413

Hanover median household income

The median household income in Hanover is $60,972 and the income per person is $37,315. 3.8% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Hanover$60,972
Wisconsin$77,485
United States$80,734

Housing in Hanover: homes for sale and rent

Housing units
59
Owner-occupied
81.4%
Renter-occupied
18.6%
Vacant
0%Includes seasonal homes
Median year built
1943
Average household size
2.20

Hanover demographics

Population
130
Median age
32.7
Under 18
25.4%
65 and older
11.5%
Households
59
Foreign-born
0%
Veterans
8.2%Adults 18+

Race and ethnicity

White94.6%
Hispanic or Latino1.5%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Hanover ›

Education in Hanover

22.1% of adults 25 and older in Hanover have a bachelor's degree or higher (Wisconsin: 33.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Hanover22.1%
Wisconsin33.4%
United States35.7%

Jobs and commute in Hanover

Unemployment rate
0%State: 3.2%
Average commute
28 minState: 22 min
Work from home
15.1%
Drive alone
84.9%
Public transit
0%
Walk to work
0%
Homes with broadband
96.6%

Hanover vs nearby towns

TownPopulationMedian incomeHome valueRent
Hanover130$60,972$150,000—
Footville908$68,571$160,800$757
Orfordville1,473$65,417$194,900$388
Janesville66,030$73,446$223,400$1,054
Brodhead3,197$49,583$168,800$680
Beloit36,534$62,663$156,500$1,066
Evansville5,782$81,149$276,400$1,093
South Beloit7,946$78,616$173,000$972
Albany1,063$72,649$173,200$859

More for people moving to Hanover

Hanover ZIP code ›Weather and climate ›

Living in Hanover: FAQ

What is the median household income in Hanover, WI?

The median household income in Hanover is $60,972, 21% lower than the Wisconsin median of $77,485 (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 $150,000, compared with $266,500 in Wisconsin.

Is Hanover, WI a good place to live?

Pluses: home values 44% lower than the state median; a poverty rate of 3.8%. Minuses: median household income 21% lower than the Wisconsin median; an average commute of 28 minutes.

What is the median age in Hanover?

The median age in Hanover is 32.7 years (Wisconsin: 40.2).

How long is the commute in Hanover?

The average commute to work in Hanover is 28 minutes; 15.1% of workers work from home.

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?

22.1% 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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