Hanover, IN Housing Market & City Data

Explore key insights and real experiences from people who call Hanover home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

3,502

Population Estimate

$94,461

Median Home Value

95.5%

Employment Rate

12.2%

Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of September 2026

HOUSING DATA (September 2026)

Median Price per SqFt$191

Median Listing Price$313,675

Median Days on Market69

Active Listings26

New Listings10

Total Listings (Active + Pending)32

Avg Listing Price$346,129

Avg Listing Price Change MoM-2%

Avg Listing Price Change YoY-3%

HOUSEHOLD OVERVIEW

Family Size3.02

Family Dual Income46.9

Median Household Income$46,585

Median Individual Income$14,955

Home Ownership55.3%

Home Value$94,461

Median Rent$734

Rent Burden21.0%

Poverty13.7%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

No Highschool Degree or GED9.4%
Highschool Education42.8%
Some College35.7%
Bachelors Degree5.6%
Graduate Degree6.6%
Total College or Above12.2%
Stem Degree53.3%

GENDER BREAKDOWN

Male47.1%
Female52.9%

MARITAL STATUS

Married28.5%
Divorced14.5%
Never Married50.3%
Widowed6.7%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityHanover

State IDIN

Population3,502

AGE BREAKDOWN

Age Group	% of Population
Under 18	31.0%
19–29	22.8%
30–39	10.7%
40–49	9.9%

Age Group	% of Population
50–59	9.9%
60–69	6.7%
70–79	4.6%
80+	4.5%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation53.8%

Unemployment Rate4.5%

Disabled14.8%

ETHNICITY

White93.1%

Black3.0%

Asian0.3%

Native American1.5%

Pacific Islander0.0%

Other0.6%

Multiple1.4%

OTHER

Hispanic1.5%

Limited English0.0%

Health Uninsured8.2%

Veteran6.8%

Local Discussions

Community questions and conversations about living in Hanover, IN.

Is Hanover, IN a good place to buy a house?
Local perspectives on Hanover home prices, buyer demand, neighborhoods, and what to consider before buying a home.
0
What are the best neighborhoods in Hanover, IN for families?
Local insights on Hanover neighborhoods, schools, parks, commute times, and other factors families may want to consider.
0
What should home buyers know about the Hanover, IN housing market?
Local insights on Hanover home prices, housing inventory, buyer competition, and current real estate market conditions.
0
Is it better to buy or rent a home in Hanover, IN?
Compare Hanover home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.
0
What are the most affordable neighborhoods in Hanover, IN?
Explore Hanover neighborhoods where home buyers may find more affordable housing options and better value for their budget.
0
How much income do you need to buy a house in Hanover, IN?
Learn how Hanover home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.
0
How much are property taxes on a home in Hanover, IN?
Learn how Hanover property taxes are calculated and how they can affect the overall cost of owning a home.
0
What are the best neighborhoods in Hanover, IN for first-time home buyers?
Explore Hanover neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.
0
What is it like to live in Hanover, IN?
Local perspectives on Hanover neighborhoods, cost of living, weather, commuting, things to do, and everyday life.
0
What should I know before moving to Hanover, IN?
What newcomers should know about Hanover housing costs, neighborhoods, transportation, weather, and everyday expenses.
0