Hanoverton, OH
Population 423 · Ohio
About Hanoverton, OH
Hanoverton is a small community in Ohio with a population of 423 residents. The median household income is $70,000 per year, which is near the national average. The median age in Hanoverton is 44.3 years.
Housing in Hanoverton has a median home value of $135,400 and median monthly rent of $763. Of the 165 total housing units, the majority are owner-occupied, with 129 owner-occupied and 33 renter-occupied units.
The unemployment rate in Hanoverton is 1.4% and the poverty rate is 6.1%. 18.8% of residents hold a bachelor's degree or higher. The average commute time is 30 minutes.
Cost of Living in Hanoverton, OH
Compared to national averages, Hanoverton has a median household income of $70,000 (7% below the national median of $75,149). Home values average $135,400, which is 45% below the national median. Monthly rent at $763 is 34% below the US average of $1,163. Within Ohio, Hanoverton's income is 3% below the state average of $71,814, and home values are 22% below the state median of $174,449.
Why Live in Hanoverton, OH?
Hanoverton offers affordable housing with a median home value of $135,400, below the US average of $244,900, and rent that’s lower than the national average at $763/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 6.1%, better than the national average.
Potential considerations include median household income ($70,000) that falls below the national average. However, Hanoverton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hanoverton has a population of 423 with a median age of 44.3 years. Compare Hanoverton with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Hanoverton
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buchtel | 425 | $60,625 | $128,300 | Compare |
| Fredericksburg | 425 | $75,547 | $145,300 | Compare |
| Raymond | 420 | $0 | $276,500 | Compare |
| Sinking Spring | 426 | $105,368 | $129,400 | Compare |
| Chickasaw | 419 | $99,583 | $275,000 | Compare |
| Gloria Glens Park | 419 | $68,438 | $162,500 | Compare |
| Osgood | 418 | $100,208 | $230,900 | Compare |
| Massieville | 415 | $39,519 | $141,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hanoverton With Other Cities
Frequently Asked Questions about Hanoverton
What is the population of Hanoverton, OH?
The population of Hanoverton, OH is 423 according to the latest Census data.
What is the median household income in Hanoverton?
The median household income in Hanoverton, OH is $70,000 per year.
What is the median home value in Hanoverton?
The median home value in Hanoverton, OH is $135,400.
What is the average rent in Hanoverton?
The median monthly rent in Hanoverton, OH is $763.
What is the unemployment rate in Hanoverton?
The unemployment rate in Hanoverton, OH is 1.4%.