Median Household Income
$156,536 ± $14,295
Median Home Value
$447,900 ± $21,079
Median Gross Rent
$1,853 ± $1,260/mo
Per Capita Income
$54,528
Poverty Rate
0.6%
Unemployment Rate
1.3%
Homeownership Rate
93.0%
Bachelor's Degree or Higher
52.4%
Median Age
36.1
Average Commute
22 min
Households
1,169
Veterans
86
Population Over Time
Hanover grew 23.8% from 2014 to 2024.
2014
2,930
2016
3,064
2018
3,298
2020
3,414
2022
3,454
2024
3,626
Population by Race & Ethnicity
White
89.5%
Hispanic or Latino
0.9%
Black or African American
0.0%
Asian
3.0%
Nearby Cities in Minnesota
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.