Median Household Income
$53,929 ± $12,943
Median Home Value
$138,700 ± $33,173
Median Gross Rent
$900 ± $64/mo
Per Capita Income
$20,759
Poverty Rate
13.1%
Unemployment Rate
9.0%
Homeownership Rate
63.9%
Bachelor's Degree or Higher
17.0%
Median Age
28.1
Average Commute
18 min
Households
992
Veterans
142
Population Over Time
Hanover shrank 3.5% from 2014 to 2024.
2014
3,682
2016
3,525
2018
3,504
2020
3,418
2022
3,665
2024
3,554
Population by Race & Ethnicity
White
94.2%
Hispanic or Latino
1.0%
Black or African American
0.6%
Asian
1.5%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.