Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hanover, MI

Comprehensive demographics, housing data, local amenities, and economic statistics for Hanover.

← Back to Hanover Hub

Community Insights

High Incomes
$93k/year
top 22% nationally
Leading Industries
Wholesale Trade · Education
11% wholesale trade
Home Value Growth⬆⬆⬆
+29.7% over 2 years
Family-Friendly
23% of residents
near the national average
Homeowners
95% of occupied units

People & Demographics

Total Population421
Households
Under 18
23.0%
Age 18–34
25.0%
Age 35–64
32.0%
Age 65+
19.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$235,000
Median Gross Rent$1,028/mo
Owner Occupied
94.8%
Renter Occupied
5.2%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$92,819
Poverty Rate

Key Industries

Healthcare8.0%
Professional Services1.0%
Manufacturing0.0%
Retail11.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities31 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
18.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Hanover?

The total population of Hanover is approximately 421. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Hanover walkable and transit-friendly?

Based on local geographic data, Hanover has an amenity and walkability score of 31/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Hanover?

The housing market in Hanover is predominantly driven by homeowners, with 95% of housing units being owner-occupied and 5% being renter-occupied.

What is the education level of residents in Hanover?

In Hanover, approximately 18% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.