Last updated: 2024 BLS data · Page refreshed:
Hanover has a population of 8,479 with a median age of 21.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,479 |
| Median Age | 21.8 |
| White | 70.2% |
| Black or African American | 3.4% |
| Asian | 13.6% |
| Hispanic or Latino | 6.7% |
| Other / Two or More Races | 6.1% |
The median household income in Hanover is $153,281, which is 90.2% above the national median of $80,610. The per capita income is $61,792. The poverty rate is 8.0%.
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In Hanover, 99.6% of residents age 25+ have a high school diploma or higher, and 89.2% hold a bachelor's degree or higher (61.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 99.6% |
| Bachelor's Degree or Higher | 89.2% |
| Graduate or Professional Degree | 61.0% |
The median home value in Hanover is $842,600, above the national median of $303,400. The median monthly rent is $2,254. The homeownership rate is 62.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $842,600 |
| Median Monthly Rent | $2,254 |
| Homeownership Rate | 62.4% |
| Vacancy Rate | 17.0% |
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