Hanover, IN

Census Place

2024 Population

3,554

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

28.1

2.43% 1-year decrease

2024 Poverty Rate

13.1%

17.4% 1-year increase

2024 Median Household Income

$53,929

7.33% 1-year decline

2024 Median Property Value

$138,700

Population & Diversity

Hanover, IN is home to a population of 3.55k people, from which 99.2% are citizens.

As of 2024, 1.94% of Hanover, IN residents were born outside of the country (69 people).

In 2024, there were 27.6 times more White (Non-Hispanic) residents (3.31k people) in Hanover, IN than any other race or ethnicity. There were 120 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 53 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.2%

2024 Citizenship

99.2%

2023 Citizenship

As of 2024, 99.2% of Hanover, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Hanover, IN was 99.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Hanover, IN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Hanover, IN

White (Non-Hispanic)
3.31k ± 352
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
120 ± 52
Asian (Non-Hispanic)
53 ± 38

0.985%

Hispanic Population

35 people

0.985% of the people in Hanover, IN are hispanic (35 people).

The following chart shows the 8 races represented in Hanover, IN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

1.94%

2024 Foreign-Born Population

69 people

0.949%

2023 Foreign-Born Population

34 people

As of 2024, 1.94% of Hanover, IN residents (69 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Hanover, IN was 0.949%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Hanover, IN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
59 ± 49
Gulf War (1990s)
18 ± 21
Gulf War (2001-)
12 ± 23

Hanover, IN has a large population of military personnel who served in Vietnam, 3.28 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Hanover, IN.

Economy

The economy of Hanover, IN employs 1.62k people. In 2024, the largest industries in Hanover, IN were Manufacturing (347 people), Educational Services (281 people), and Retail Trade (247 people), and the highest paying industries were Real Estate & Rental & Leasing ($80,341), Manufacturing ($49,543), and Public Administration ($45,648).

Employment

Occupations

1.62k

2024 Value

± 233

3.91%

1 Year growth

± 19.5%

From 2023 to 2024, employment in Hanover, IN grew at a rate of 3.91%, from 1.56k employees to 1.62k employees.

The most common job groups, by number of people living in Hanover, IN, are Office & Administrative Support Occupations (263 people), Sales & Related Occupations (234 people), and Production Occupations (169 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hanover, IN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.62k

2024 Value

± 233

3.91%

1 Year growth

± 19.5%

From 2023 to 2024, employment in Hanover, IN grew at a rate of 3.91%, from 1.56k employees to 1.62k employees.

The most common employment sectors for those who live in Hanover, IN, are Manufacturing (347 people), Educational Services (281 people), and Retail Trade (247 people). This chart shows the share breakdown of the primary industries for residents of Hanover, IN, though some of these residents may live in Hanover, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$37,885

Median earning men ± $7,858

$22,736

Median earning women ± $6,936

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($55,625), Manufacturing ($50,568), and Public Administration ($45,667).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($80,455), Public Administration ($45,625), and Manufacturing ($42,125).

Education

The student population of Hanover, IN in 2024 is skewed towards women, with 584 male students and 659 female students.

Most students graduating from Universities in Hanover, IN are White (197 and 89.1%), Two or More Races (8 and 3.62%), Black or African American (7 and 3.17%), and Unknown (6 and 2.71%).

The largest universities in Hanover, IN by number of degrees awarded are Hanover College (226 and 100%).

The most popular majors in Hanover, IN are General Business (41 and 18.1%), General Psychology (21 and 9.29%), and Kinesiology & Exercise Science (20 and 8.85%).

The median tuition cost for private four year colleges is $41,813.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2024 in Hanover, IN, the percentage of applicants admitted was 83.7%, while the percentage of admitted who enrolled was 14.4%. The number of students enrolled in 2024 was 1,243 (47% men and 53% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2024 there were 1,243 students enrolled in Hanover, IN, 47% men and 53% women.

By race, the largest number of students enrolled was concentrated in White with 959 records, of which 54.7% were women and 45.3% men.

Completions

Concentrations

Most Common

General Business
41 degrees awarded
General Psychology
21 degrees awarded
Kinesiology & Exercise Science
20 degrees awarded

In 2024, the most common concentation for Bachelors Degree recipients in Hanover, IN was General Business with 41 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Hanover, IN according to their major.

Universities

Gender

Race

Hanover College

Largest Universities by degrees awarded

226 degrees awarded

In 2024, the institution with the largest number of graduating students was Hanover College with 226 degrees awarded.

Student Diversity

University

In 2024, 101 men were awarded degrees from institutions in Hanover, IN, which is 0.808 times less than the 125 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 197 degrees mean that there were 24.6 times more degrees awarded to White students then the next closest race/ethnicity group, Two or More Races, with 8 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($41,813) is the sector with the highest median state tuition in 2024.

Private not-for-profit, 4-year or above ($885) is the sector with the highest median state fee in 2024.

Private not-for-profit, 4-year or above ($1,200) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Hanover, IN was $138,700 in 2024, which is 0.417 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $126,300 to $138,700, a 9.82% increase. The homeownership rate in Hanover, IN is 63.9%, which is lower than the national average of 65.2%.

People in Hanover, IN have an average commute time of 18.5 minutes, and they drove alone to work. Car ownership in Hanover, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$138,700

Median Property Value 2024

±$33,173

$634

Median Property Taxes

±$138

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hanover, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Hanover, IN compared to it's parent and neighbor geographies.

Rent vs Own

63.9%

Homeownership

2024

69.8%

Homeowners with Mortgage

2024

In 2024, 63.9% of the housing units in Hanover, IN were occupied by their owner. This percentage declined from the previous year's rate of 67.8%.

This chart shows the percentage of owner in Hanover, IN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$53,929

Median Household Income

± $12,943

992

Number of Households

± 175

In 2024, the median household income of the 992 households in Hanover, IN declined from $53,929 from the previous year's value of $58,194.

The following chart displays the households in Hanover, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Hanover, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (63.2%)
Walked (16.5%)
Carpooled (13.9%)

In 2024, 63.2% of workers in Hanover, IN drove alone to work, followed by those who walked to work (16.5%) and those who carpooled to work (13.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

18.5 minutes

Average Travel Time

Using averages, employees in Hanover, IN have a shorter commute time (18.5 minutes) than the normal US worker (26.4 minutes). Additionally, 0.393% of the workforce in Hanover, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hanover, IN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Hanover, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hanover, IN have 2 cars.

Poverty

Poverty & Diversity

13.1% of the population for whom poverty status is determined in Hanover, IN (330 out of 2.51k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males < 5, followed by Males 25 - 34 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Hanover, IN is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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