Hanover, IN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Hanover, IN: Quick Facts & Overview
- Population: 3,554 residents (618 people per sq. mi.)
- Average House Price: $134,432
- Average Household Income: $53,929
Hanover, IN is located in the state of Indiana. It is home to about 3,554 people, with around 618 residents living in every square mile.
If you want to buy a house in Hanover, the average price is around $134,432. That makes local housing 31% lower than the Indiana average of $195,725, and 56% lower than the national average of $308,592.
The average household in Hanover earns about $53,929 a year. This income is 27% lower than the average family in Indiana ($73,687), and 31% lower than the national average ($78,686).
Population
3,554
Median Household Income
$53,929
Median Home Value
$134,432
Median Age
28.1 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $18,119 |
| Labor Force Participation | 58.4% |
| Unemployment Rate | 9.0% |
| Average Commute Time | 18.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 63.9% |
| Median Rent | $900 |
| Rent Burdened (>30% Income) | 29.3% |
| Total Housing Units | 992 |
Additional Census & Housing Profile
Geographic Overview
| County | Jefferson |
| County FIPS | 18077 |
| Metro Area (CBSA) | Madison, IN |
| Population Density | 617.7/sq mi |
| Coordinates (lat/lng) | 38.7133, -85.4725 |
| Timezone | America/Indiana/Indianapolis |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 3.05 |
| Dual Income Families | 44.3% |
Marital Status
| Married | 32.5% |
| Never Married | 53.0% |
| Divorced | 9.0% |
| Widowed | 5.5% |
Gender
| Male | 51.4% |
| Female | 48.6% |
Health & Poverty
| Uninsured Rate (Health) | 6.2% |
| Poverty Rate | 13.1% |
Key Population Groups
| Veterans | 4.7% |
| Disabled Population | 20.1% |
| Limited English Proficiency | - |
All ZIP Codes in Hanover
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 47243 | 6,225 | $65,197 | $182,597 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Madison, IN | 5.1 miles | 12,223 |
| Milton, KY | 5.3 miles | 637 |
| New Washington, IN | 11 miles | 351 |
| Bedford, KY | 11.7 miles | 386 |
| Brooksburg, IN | 12.4 miles | 111 |
| Dupont, IN | 12.5 miles | 279 |
| Commiskey, IN | 13.7 miles | 139 |
| Canaan, IN | 14.1 miles | 120 |
| Prestonville, KY | 15.2 miles | 192 |
| Lamb, IN | 15.4 miles | 272 |
| Westport, KY | 15.6 miles | 275 |
| Otisco, IN | 15.8 miles | 109 |
| Carrollton, KY | 16.7 miles | 3,915 |
| Scottsburg, IN | 16.9 miles | 7,362 |
| Underwood, IN | 18 miles | 957 |
| Grayford, IN | 18.1 miles | 124 |
| Austin, IN | 18.4 miles | 3,818 |
| Campbellsburg, KY | 19 miles | 1,016 |
| Henryville, IN | 19.9 miles | 1,691 |
| Vernon, IN | 20.2 miles | 193 |
| Crothersville, IN | 20.6 miles | 1,720 |
| New Marion, IN | 21.2 miles | 227 |
| Vevay, IN | 21.3 miles | 1,757 |
| Memphis, IN | 22.2 miles | 784 |
| Ghent, KY | 22.2 miles | 286 |
| Butlerville, IN | 22.2 miles | 231 |
| Buckner, KY | 22.3 miles | 4,119 |
| Goshen, KY | 22.3 miles | 989 |
| La Grange, KY | 22.4 miles | 10,311 |
| Charlestown, IN | 22.4 miles | 8,294 |
| North Vernon, IN | 22.7 miles | 7,078 |
| Hayden, IN | 22.9 miles | 288 |
| Worthville, KY | 23 miles | 176 |
| Little York, IN | 23.3 miles | 208 |
| River Bluff, KY | 24.6 miles | 445 |
| Country Squire Lakes, IN | 25.2 miles | 3,057 |
| New Castle, KY | 25.4 miles | 1,052 |
| Holton, IN | 25.4 miles | 502 |
| Smithfield, KY | 25.4 miles | 153 |
| Crestwood, KY | 26.1 miles | 6,356 |
| Prospect, KY | 26.4 miles | 4,542 |
| Sellersburg, IN | 26.8 miles | 10,137 |
| Versailles, IN | 26.8 miles | 2,037 |
| Orchard Grass Hills, KY | 27.1 miles | 1,912 |
| Seymour, IN | 27.7 miles | 22,371 |
| Coldstream, KY | 27.7 miles | 1,331 |
| Pewee Valley, KY | 27.8 miles | 1,483 |
| Utica, IN | 27.8 miles | 1,028 |
| Worthington Hills, KY | 28.1 miles | 1,957 |
| Fincastle, KY | 28.2 miles | 717 |
| East Enterprise, IN | 28.2 miles | 226 |
| Scipio, IN | 28.3 miles | 246 |
| Green Spring, KY | 28.5 miles | 589 |
| Sanders, KY | 28.7 miles | 435 |
| Jeffersonville, IN | 28.8 miles | 51,043 |
| Eminence, KY | 28.9 miles | 2,724 |
| Brownsboro Farm, KY | 29 miles | 604 |
| Rockford, IN | 29.2 miles | 761 |
| Ten Broeck, KY | 29.3 miles | 111 |
| Manor Creek, KY | 29.4 miles | 221 |
| Reddington, IN | 29.4 miles | 199 |
| Barbourmeade, KY | 29.5 miles | 1,247 |
| Broeck Pointe, KY | 29.5 miles | 205 |
| Creekside, KY | 29.6 miles | 346 |
| Spring Valley, KY | 29.7 miles | 707 |
| Goose Creek, KY | 29.7 miles | 263 |
| Hills and Dales, KY | 29.7 miles | 134 |
| Murray Hill, KY | 29.9 miles | 594 |
| Hickory Hill, KY | 29.9 miles | 157 |
| Glenview, KY | 30 miles | 557 |
| Langdon Place, KY | 30.1 miles | 917 |
| Meadow Vale, KY | 30.2 miles | 878 |
| Osgood, IN | 30.3 miles | 1,637 |
| Rolling Hills, KY | 30.3 miles | 982 |
| Glenview Hills, KY | 30.3 miles | 342 |
| Old Brownsboro Place, KY | 30.3 miles | 332 |
| Plantation, KY | 30.4 miles | 1,013 |
| Sparta, KY | 30.5 miles | 272 |
| Thornhill, KY | 30.5 miles | 192 |
| Glenview Manor, KY | 30.5 miles | 170 |
| Meadowbrook Farm, KY | 30.6 miles | 109 |
| Borden, IN | 30.7 miles | 987 |
| Bancroft, KY | 30.7 miles | 479 |
| Northfield, KY | 30.8 miles | 1,250 |
| Briarwood, KY | 30.8 miles | 388 |
| Anchorage, KY | 30.9 miles | 2,506 |
| Dillsboro, IN | 30.9 miles | 1,697 |
| Warsaw, KY | 31 miles | 2,072 |
| Moorland, KY | 31 miles | 479 |
| Canton, IN | 31 miles | 148 |
| Crossgate, KY | 31.2 miles | 189 |
| Clarksville, IN | 31.4 miles | 22,016 |
| Graymoor-Devondale, KY | 31.4 miles | 2,802 |
| Riverwood, KY | 31.4 miles | 527 |
| Lyndon, KY | 31.6 miles | 11,030 |
| Indian Hills, KY | 31.6 miles | 2,897 |
| Sardinia, IN | 31.6 miles | 130 |
| Pleasureville, KY | 31.7 miles | 1,123 |
| Windy Hills, KY | 31.9 miles | 2,081 |
| Woodlawn Park, KY | 32.4 miles | 857 |