Hanover is a somewhat small town located in the state of New Hampshire. With a population of 11,473 people and two constituent neighborhoods, Hanover is the 26th largest community in New Hampshire.
Hanover home prices are not only among the most expensive in New Hampshire, but Hanover real estate also consistently ranks among the most expensive in America.
Hanover is a decidedly white-collar town, with fully 89.40% of the workforce employed in white-collar jobs, well above the national average. Overall, Hanover is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Hanover who work in teaching (17.55%), management occupations (13.49%), and sales jobs (9.43%).
Also of interest is that Hanover has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 7.58% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Hanover is a small town with a large college student population. Because of this, there is a real youthful, hip vibe to the place, and much of the life in the town is centered on the college. This has helped Hanover to buck the trend of other small towns that have suffered declining populations over the past 20 to 30 years. Spending by students, and faculty and staff jobs, are a big part of the local economy.
For a small town, there is also a high proportion of single, often educated, people living in Hanover. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Hanover.
Residents of the town have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.56 minutes getting to work every day.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Hanover. 82.71% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Hanover in 2018 was $52,327, which is wealthy relative to New Hampshire and the nation. This equates to an annual income of $209,308 for a family of four. However, Hanover contains both very wealthy and poor people as well.
Hanover is a very ethnically-diverse town. The people who call Hanover home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hanover residents report their race to be White, followed by Asian. Important ancestries of people in Hanover include English, Irish, German, Italian, and Scottish.
Foreign born people are also an important part of Hanover's cultural character, accounting for 15.37% of the town’s population.
The most common language spoken in Hanover is English. Other important languages spoken here include Chinese and German/Yiddish.