Hanover vs Minnesota Lake
Side-by-side comparison
How does Hanover, MN compare to Minnesota Lake, MN? Hanover has a population of 3,495 with a median household income of $147,944, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Hanover, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 3,495 | 621 | +462.8% |
| Median Age | 37.6 | 45.5 | -17.4% |
| Foreign Born % | 1.9% | 0% | +190.0% |
| Metric | Hanover | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $147,944 | $62,875 | +135.3% |
| Unemployment | 1.2% | 3.9% | -69.2% |
| Poverty Rate | 2.2% | 12.1% | -81.8% |
| Bachelor's+ | 47.8% | 18.7% | +155.6% |
| Metric | Hanover | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $421,700 | $126,600 | +233.1% |
| Median Rent | $1806/mo | $950/mo | +90.1% |
| Housing Units | 1,197 | 312 | +283.7% |