Is Hanover, New Hampshire a Good Place To Live? - Living In Hanover, NH

Is Hanover, New Hampshire a good place to live?
Hanover is a city in New Hampshire state in USA with a population of 8744 residents.. The poverty rate of Hanover is 17.6%, which is 26% higher than national average. The typical household in Hanover earns $79844 a year, compared to the national median of $67,500. Nearly 38.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hanover, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hanover remained 2.2%, which is 53% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hanover, only 81% of adults have a bachelor's degree and 10% have some college but no degree.

Cost of living in Hanover is 143, which is 43% higher than national average. Median home value in Hanover is $503300 , which is 119% higher than national average. While median income in Hanover remained $79844, which is 18% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
8744
Unemployment
2.2%
53% NAT AVG.
Poverty
17.6%
26% NAT AVG.
Overall Score
8
Median Home Cost
$503300
119% NAT AVG.
Median Income
$79844
18% NAT AVG.
Median Rent
$1657
43% NAT AVG.
Cost Of Living
143
43% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 45
People Earning < $10,000
1 in 16
People Earning < $50,000
38.9%
People with <= High School
1 in 11.1
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs85%

Housing95%

Affordability40%

Safety90%

Amenities85%

Diversity85%

Education95%

Commute95%