Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.0 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 33.1% ▼ 15% below avg |
| Unemployment | 2.2% ▼ 54% below avg |
| HS Graduate | 780 (29.8%) |
| Some College | 437 (16.7%) |
| Associates | 535 (20.4%) |
| Bachelors | 158 (6%) |
| Graduate Degree | 709 (27.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $81,667 ≈ Avg |
|---|---|
| Median Home Value | $338,500 ▲ 21% above avg |
| Home/Income Ratio | 4.1x (nat avg ~3.5x) |
| Median Rent | $1,583/mo |
| Total Housing Units | 1,414 |
| Vacant Units | 158 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hanover is a city in Virginia, located in Hanover County. The city spans 1 ZIP code and is home to approximately 3,389 residents. It is a mature city, with a median age of 48 years.
Economically, Hanover is a middle-income community. The median household income of $81,667 is near the national average. Approximately 6.1% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.
The real estate market in Hanover is a mid-range housing market. Median home values stand at $338,500, which is above the national average. Renters typically pay around $1,583 per month. Homeownership is high at 90.5%, typical of suburban and family-oriented communities.
The population of Hanover is moderately educated. 33.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (74.59%).
Hanover, VA offers residents above-average earning potential within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 23069 | 3,389 | $81,667 | $338,500 | $1,583 | 2.2% | 33.1% | 90.5% |