Income & Economy in Hanover, NH

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$135,250

+85% vs national

Per Capita Income

$59,332

+60% vs national

Poverty Rate

9.9%

-27% vs national

Gini Index

0.5560

0 = perfect equality

Unemployment

7.0%

+35% vs national

SNAP Recipients

0.6%

of households

How Hanover Compares

Source: Census ACS (2023)

Hanover vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Hanover is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Hanover. The median household income here is $135,250.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
15.9%
$25-50K
9.9%
$50-75K
8.8%
$75-100K
7.9%
$100-150K
9.3%
$150-200K
7.8%
$200K+
40.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.0%

+126% vs NH avg

Labor Force

3,057

Employed

2,843

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

38.6%

of adults 25+

High School Diploma+

40.4%

of adults 25+

Median Age

21.8

Work from Home

24.4%

of workers

The median household income in Hanover, NH is $135,250, which is 84.7% above the national average of $73,224. Per capita income is $59,332. The poverty rate of 9.9% is higher than the NH state average of 9.2%. The Gini index of income inequality is 0.5560, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.0%, compared to the state average of 3.1%. 38.6% of adults hold a bachelor's degree or higher.