Hanover, MA
Maps & Population Facts

Population
14,328
Population Density
922
Labor Participaton
67.8%
Bachelor's or Higher
46.1%
Median Household Income
$111,311
Median Individual Income
$52,089
Median Individual Income(Full-time Workers Only)
$80,104

Housing Estimates

Median House Value
$469,200
Median Gross Rent
$1,161
Median Mortgage Payment
$2,535
Housing Units
5,026
People who reside in Hanover live in:
Detached - Single Family Homes
86%
Apt, Condo, Other
14%
Analysis

Income

Households in Hanover earn significantly more money than the national median income, averaging 84% higher per household.

Housing

Hanover has a median house price of $469,200. The cost of homeownership is significantly higher than most areas. The cost of renting in Hanover is 15% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 13%

Demographics

The median age in Hanover is 42. Hanover has a population that is older than in comparison to the US median age.

Hanover ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Hanover Massachusetts USA
Median Property Value 469,200 385,400 217,600
Median Mortgage Payment 2,535 2,108 1,513
Median Gross Rent 1,161 1,208 1,012
Property Vacancy 0.9% 10.0% 12.6%
% Renters 13% 38% 36%
Residents per Sq. Mi. 922 885 93
Personal Comparison
Hanover Massachusetts USA
Median Household Income 111,311 77,385 60,336
Median Individual Income 52,089 41,700 33,646
Median Income (Full-Time) 80,104 60,923 46,881
Median Age 42.4 39.5 38.1
Labor Participation 67.8% 67.8% 62.8%
Attained College Degree 46.1% 43.4% 32.0%

Population Density Analysis

Hanover, MA
922
Residents per Sq. Mile
The population density of Hanover is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics