Hanover is a somewhat small town located in the state of New Hampshire. With a population of 11,721 people and three constituent neighborhoods, Hanover is the 25th largest community in New Hampshire.
Hanover home prices are not only among the most expensive in New Hampshire, but Hanover real estate also consistently ranks among the most expensive in America.
Hanover is a decidedly white-collar town, with fully 91.82% of the workforce employed in white-collar jobs, well above the national average. Overall, Hanover is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Hanover who work in teaching (16.96%), management occupations (13.41%), and sales jobs (11.54%).
Also of interest is that Hanover has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.49% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Hanover is a place where college students are a big part of the character and culture of the town. Small towns have often struggled with declining populations over the past few decades, but the presence of such a large college student population has helped Hanover to fight this trend. Not only does the college population add spending and jobs to local economy, but it also contributes a very tangible, youthful energy to the town.
For a small town, there is also a high proportion of single, often educated, people living in Hanover. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Hanover.
One of the benefits of Hanover is that there is very little traffic. The average commute to work is 18.01 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Hanover. 81.79% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Hanover in 2018 was $46,870, which is upper middle income relative to New Hampshire, and wealthy relative to the rest of the US. This equates to an annual income of $187,480 for a family of four. However, Hanover contains both very wealthy and poor people as well.
Hanover is a very ethnically-diverse town. The people who call Hanover home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hanover residents report their race to be White, followed by Asian. Important ancestries of people in Hanover include Irish, English, German, Italian, and French.
Foreign born people are also an important part of Hanover's cultural character, accounting for 16.35% of the town’s population.
The most common language spoken in Hanover is English. Other important languages spoken here include Chinese and Spanish.