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Hanover County, Virginia Demographics 2026

Hanover County, Virginia has a population of 112,879, the 17th most populous county in Virginia. The median household income is $112,805 and the median home value is $400,400. The poverty rate is 5.7%.

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

Hanover County Quick Facts

Population 112,879
Median Household Income $112,805
Median Home Value $400,400
Poverty Rate 5.7%
Unemployment Rate 2.7%
Median Age 42.7 years
Homeownership Rate 82.1%
Affordability Ratio 3.5x
Bachelor's Degree+ 42.7%
High School Graduation 94.5%
Cities/Places 3
Population 112,879 17th of 133
Median Income $112,805 21% higher than state
Poverty Rate 5.7%
Unemployment 2.7%

How Hanover County 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
Population111,652112,879+1.1%
Median household income$109,504$112,805+3.0%
Median home value$372,700$400,400+7.4%

Economy & Housing

Household Income Distribution

Under $25K 8.3%
$25K-$50K 10.9%
$50K-$100K 24.9%
$100K+ 55.9%
Detailed income brackets
Under $10K
2.7%
$10K-$15K
1.5%
$15K-$20K
1.4%
$20K-$25K
2.7%
$25K-$30K
1.8%
$30K-$35K
2.4%
$35K-$40K
2.3%
$40K-$45K
2.0%
$45K-$50K
2.5%
$50K-$60K
5.4%
$60K-$75K
7.8%
$75K-$100K
11.8%
$100K-$125K
11.2%
$125K-$150K
10.8%
$150K-$200K
14.6%
$200K+
19.3%

Employment

2.7% Unemployment Rate State: 4.3%|National: 5.2%
65.7% Labor Force Participation

Housing Overview

Owner 82.1%
Renter 17.9%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $1,591/mo 16.9% of median household income annually

People & Demographics

Diversity Index

34out of 100
Low Diversity

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

State average: 61 | National average: 61

Education

Cities & Places in Hanover County

CityPopulationMedian IncomePovertyHome Value
Mechanicsville38,683$98,5955.2%$351,000
Ashland7,772$61,16424.3%$293,200
Hanover33N/A63.6%N/A

Population Overview

Hanover County is located in Virginia with a total population of 112,879. It is the 17th most populous county out of 133 in Virginia. The county encompasses 3 Census-designated places.

Age Demographics

The median age in Hanover County is 42.7 years. This is 9% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Hanover County is $112,805. This is 21% higher than the state median of $93,170. It is also 40% higher than the national median of $80,734. The poverty rate stands at 5.7%. This is 42% lower than the state poverty rate of 9.9%. The unemployment rate is 2.7%. This is 36% lower than the state rate of 4.3%. The median home value is $400,400. Housing costs are 4% higher than the state median of $383,700. The home-value-to-income ratio is 3.5x. 82.1% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Hanover County is White (non-Hispanic), making up 80.7% of the population. Black or African American residents account for 8.3%. The Black or African American population (8.3%) is well below the state average of 18.3%. The Hispanic or Latino population (4.0%) is well below the state average of 11.0%. The Asian population (2.1%) is well below the state average of 6.9%.

Education

42.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 1% higher than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.5%. Notably, 16.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All figures for Hanover County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against Virginia and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Hanover County, Virginia?

Hanover County has a population of 112,879, making it the 17th most populous county in Virginia.

What is the median income in Hanover County?

The median household income in Hanover County is $112,805 with a poverty rate of 5.7%.

How many cities are in Hanover County, Virginia?

Hanover County contains 3 Census-designated places.