Skip to main content

Hanover, New Hampshire Demographics & Population 2026

Highest IncomeHighest median household income in New Hampshire
Most EducatedHighest rate of bachelor's degrees in New Hampshire
Youngest CityAmong the youngest communities in New Hampshire with a median age of 21.8 years

During the 2020–2024 ACS period, Hanover, New Hampshire had a total population of 8,479, the 20th largest community in New Hampshire, with a median household income of $153,281, which is 55% higher than the state average. The poverty rate is 8.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hanover Quick Facts

Population 8,479
Median Household Income $153,281
Median Home Value $842,600
Poverty Rate 8.0%
Unemployment Rate 8.2%
Median Age 21.8 years
Homeownership Rate 62.4%
Affordability Ratio 5.5x
Bachelor's Degree or Higher 89.3%
High School Graduation Rate 99.6%
Diversity Index 50/100
Population 8,479 20th of 100
Median Income $153,281 top 10%
Poverty Rate 8.0% 36% lower than national
Median Home Value $842,600 top 10%

How Hanover Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,5208,479-0.5%
Median household income$135,250$153,281+13.3%
Median home value$682,100$842,600+23.5%

How Hanover Compares

Economy & Housing

Household Income Distribution

Under $25K 14.5%
$25K-$50K 5.9%
$50K-$100K 14.9%
$100K+ 64.8%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
8.4%
$15K-$20K
1.8%
$20K-$25K
1.8%
$25K-$30K
0.4%
$30K-$35K
1.5%
$35K-$40K
2.0%
$40K-$45K
0.5%
$45K-$50K
1.4%
$50K-$60K
4.0%
$60K-$75K
4.2%
$75K-$100K
6.7%
$100K-$125K
7.8%
$125K-$150K
3.9%
$150K-$200K
13.1%
$200K+
40.0%

Employment

8.2% Unemployment Rate State: 3.4%|National: 5.2%
40.2% Labor Force Participation

Housing Overview

Owner 62.4%
Renter 37.6%
Affordability Index Expensive
5.5x home value to income ratio
Median gross rent $2,254/mo 17.6% of median household income annually

People & Demographics

Diversity Index

50out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 24 | National average: 61

Education

Hanover Rankings in New Hampshire

#20 Population of 100
#5 Median Income of 93
#1 Education of 100
#2 Home Value of 98

Other Cities in Grafton County

CityPopulationMedian IncomePovertyHome Value
Lebanon 14,999 $98,147 7.0% $385,400
Plymouth 4,969 $89,500 17.0% $294,400
Littleton 4,114 $53,082 15.5% $230,500
Bristol 2,098 $73,993 9.5% $237,400
Enfield 1,994 $99,330 23.7% $277,900
Woodsville 1,422 $57,946 10.3% $228,000
Ashland 1,404 $44,188 27.7% $173,900
Bethlehem 1,058 $64,625 11.5% $262,000
Lincoln 923 $60,000 9.6% $326,700
Lisbon 730 $68,813 7.0% $181,300

Cities Similar to Hanover

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hudson7,469$95,842$366,40028.7%5.1%
Durham10,681$112,070$498,00075.4%12.4%
Milford8,956$78,684$357,80033.6%5.9%
Hampton10,101$97,163$545,30044.2%4.0%
Franklin8,799$71,648$262,20019.1%7.0%

Population Overview

Hanover is a small city located in New Hampshire, within Grafton County. The total population is 8,479. It ranks as the 20th most populous out of 100 Census-designated places in New Hampshire.

Age Demographics

The median age in Hanover is 21.8 years. This is 50% lower than the state median of 43.3 years. Only 9.8% of residents are under 18, indicating fewer families with children. 11.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Hanover is $153,281. This is 55% higher than the state median of $99,031. It is also 90% higher than the national median of $80,734. The poverty rate stands at 8.0%. This is 10% higher than the state poverty rate of 7.2%. The unemployment rate is 8.2%. This is 144% higher than the state rate of 3.4%. The median home value is $842,600. Housing costs are 109% higher than the state median of $402,500. The home-value-to-income ratio is 5.5x. 62.4% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 72.8%.

Race & Ethnicity

The largest racial or ethnic group in Hanover is White (non-Hispanic), making up 69.0% of the population. Asian residents account for 13.6%. The Black or African American population is significantly higher than the state average (3.3% vs 1.3%). The Asian population is significantly higher than the state average (13.6% vs 2.6%).

Education

89.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Hanover in the top 10% of all cities in the state for educational attainment. This is 120% higher than the state rate of 40.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.6%. Notably, 61.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Hanover, New Hampshire is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Hampshire state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 100 Census-designated places in New Hampshire. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all New Hampshire city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Hanover, New Hampshire?

Hanover, New Hampshire has a population of 8,479 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hanover, NH?

The median household income in Hanover is $153,281, which is 90% higher than the national median of $80,734.

What is the poverty rate in Hanover, NH?

The poverty rate in Hanover is 8.0%. This means approximately 352 residents live below the federal poverty line.

What is the racial makeup of Hanover, New Hampshire?

Hanover's population is 69.0% White, 3.3% Black, 6.7% Hispanic/Latino, and 13.6% Asian.

What is the median home value in Hanover, NH?

The median home value in Hanover is $842,600. The home-value-to-income ratio is 5.5x.

How educated is Hanover, New Hampshire?

89.3% of adults (25+) in Hanover hold a bachelor's degree or higher, and 61.0% hold a graduate or professional degree.