Hanover, NH
Population 8,520 · New Hampshire
About Hanover, NH
Hanover is a small community in New Hampshire with a population of 8,520 residents. The median household income is $135,250 per year, which is above the national average. The median age in Hanover is 21.8 years.
Housing in Hanover has a median home value of $682,100 and median monthly rent of $2,132. Of the 2,628 total housing units, the majority are owner-occupied, with 1,217 owner-occupied and 921 renter-occupied units.
The unemployment rate in Hanover is 7.0% and the poverty rate is 9.9%. 88.0% of residents hold a bachelor's degree or higher. The average commute time is 16.6 minutes.
How Hanover Ranks in New Hampshire
Cost of Living in Hanover, NH
Compared to national averages, Hanover has a median household income of $135,250 (80% above the national median of $75,149). Home values average $682,100, which is 179% above the national median. Monthly rent at $2,132 is 83% above the US average of $1,163. Within New Hampshire, Hanover's income is 70% above the state average of $79,671, and home values are 125% above the state median of $303,204.
Why Live in Hanover, NH?
Hanover offers a strong local economy with a median household income of $135,250, well above the national average, and a well-educated community where 88.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.9%, better than the national average. Additionally, the city features short commute times averaging just 16.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $682,100. However, Hanover’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hanover has a population of 8,520 with a median age of 21.8 years. Compare Hanover with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Hanover
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Franklin | 8,757 | $69,870 | $243,800 | Compare |
| Milford | 8,857 | $81,042 | $337,900 | Compare |
| Berlin | 9,473 | $43,972 | $113,500 | Compare |
| Hudson | 7,105 | $88,193 | $330,700 | Compare |
| Hampton | 9,960 | $96,322 | $488,400 | Compare |
| Exeter | 10,138 | $83,862 | $349,300 | Compare |
| Durham | 10,577 | $109,934 | $451,000 | Compare |
| South Hooksett | 5,806 | $115,592 | $383,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Hampshire
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hanover
What is the population of Hanover, NH?
The population of Hanover, NH is 8,520 according to the latest Census data.
What is the median household income in Hanover?
The median household income in Hanover, NH is $135,250 per year.
What is the median home value in Hanover?
The median home value in Hanover, NH is $682,100.
What is the average rent in Hanover?
The median monthly rent in Hanover, NH is $2,132.
What is the unemployment rate in Hanover?
The unemployment rate in Hanover, NH is 7.0%.