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Hanoverton village, Ohio Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Hanoverton village, Ohio has a total population of 423, the 929th largest city in Ohio, with a median household income of $70,000, which is about average than the state average. The poverty rate is 6.2%.

Key Takeaways

Hanoverton village Quick Facts

Population 423
Median Household Income $70,000
Median Home Value $135,400
Poverty Rate 6.2%
Unemployment Rate 1.4%
Median Age 44.3 years
Homeownership Rate 79.6%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 18.8%
High School Graduation Rate 93.0%
Diversity Index 11/100
Population 423 929th of 1,264
Median Income $70,000 average
Poverty Rate 6.2% 51% lower national
Median Home Value $135,400 average

How Hanoverton village Compares

Economy & Housing

Employment

1.4% Unemployment Rate State: 4.9% | National: 5.2%
63.4% Labor Force Participation

Housing Overview

Owner 79.6%
Renter 20.4%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

Hanoverton village Rankings in Ohio

#929 Population of 1,264
#494 Median Income of 1,264
#590 Education of 1,264
#667 Home Value of 1,264

Cities Similar to Hanoverton village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Raymond CDP420N/A$276,5006.8%37.9%
Gloria Glens Park village419$68,438$162,50025.3%5.7%
Iberia CDP436N/A$213,70035.5%3.0%
Fredericksburg village425$75,547$145,30015.4%4.0%
Howard CDP442N/A$104,70022.6%6.6%

Population Overview

Hanoverton village is a small community located in Ohio. The total population is 423. It ranks as the 929th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Hanoverton village is 44.3 years. This is 12% higher than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Hanoverton village is $70,000. This is about average than the state median of $69,680. Compared to the national median of $78,538, household income here is 11% lower. The poverty rate stands at 6.2%. This is 54% lower than the state poverty rate of 13.2%. The unemployment rate is 1.4%. This is 72% lower than the state rate of 4.9%. The median home value is $135,400. Housing costs are 32% lower than the state median of $199,200. With a home-value-to-income ratio of just 1.9x, Hanoverton village is one of the most affordable housing markets in the area. 79.6% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 67.0%.

Race & Ethnicity

Hanoverton village has a predominantly White (non-Hispanic) population, comprising 94.1% of all residents. Asian residents account for 0.5%. The Asian population (0.5%) is well below the state average of 2.4%.

Education

18.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.

Data Sources & Methodology

All demographic data for Hanoverton village, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Hanoverton village, Ohio?

Hanoverton village, Ohio has a population of 423 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hanoverton village, OH?

The median household income in Hanoverton village is $70,000, which is 11% lower the national median of $78,538.

What is the poverty rate in Hanoverton village, OH?

The poverty rate in Hanoverton village is 6.2%. This means approximately 26 residents live below the federal poverty line.

What is the racial makeup of Hanoverton village, Ohio?

Hanoverton village's population is 94.1% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Hanoverton village, OH?

The median home value in Hanoverton village is $135,400. The home-value-to-income ratio is 1.9x.

How educated is Hanoverton village, Ohio?

18.8% of adults (25+) in Hanoverton village hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.