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AREA INFORMATION

Hanover, MN

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Area Highlights

Hanover, MN residents have a median age of 36 years old, with employment highest in the construction and administrative support industries.

3,717 Population

The population has increased by 4.8% since the year 2010.

1,240 Households

$120,155 /yr
Median Household Income

$520,000
Median Home Sale Price

27m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

36 Median Age

Average Household Size

3
persons per
household

71.9%

Married Households

Community Population By Education

Bachelors Degree 34%
Associates Degree 19%
High School Graduate 19%
Graduate Degree 14%
Some College 13%
Some High School 1%

Household Family Expenses vs National Average

48.2% of households have children

Economics

$120,155 /yr
Median Household Income
$520,000
Median Sales Price
27 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 76%
  • Work from Home 18%
  • Public Transit 4%
  • Walk or Bike 2%

Occupancy by Type

Owned 1,140 90%
Rented 100 8%
Vacant 30 2%

White vs Blue Collar Jobs







White Collar 79%
Blue Collar 21%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 90%
Hispanic 2%
Asian 2%
Other 1%
Black <1%
Native American <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

83° July
Hottest Average Month
2° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
2°
22°
Feb
7°
27°
Mar
20°
39°
Apr
34°
56°
May
46°
70°
Jun
56°
79°
Jul
61°
83°
Aug
59°
81°
Sep
49°
71°
Oct
38°
59°
Nov
24°
40°
Dec
9°
27°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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