Indiana Gazetteer
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The Town of Hanover had a population of 3,663 as of July 1, 2022. Hanover ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.
The primary coordinate point for Hanover is located at latitude 38.7142 and longitude -85.4736 in Jefferson County. The formal boundaries for the Town of Hanover encompass a land area of 2.31 sq. miles and a water area of 0 sq. miles. Jefferson County is in the Eastern time zone (GMT -5). The elevation is 784 feet.
The Town of Hanover has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Town of Hanover is located within Township of Hanover, a minor civil division (MCD) of Jefferson County.
POPULATION | |
|---|---|
| Total Population | 3,663 (100%) |
| Population in Households | 2,748 (75.0%) |
| Population in Families | 2,125 (58.0%) |
| Population in Group Quarters1 | 915 (25.0%) |
| Population Density | 1,649 |
| Diversity Index2 | 31 |
INCOME | |
| Median Household Income | $52,055 |
| Average Household Income | $67,126 |
| % of Income for Mortgage4 | 14% |
| Per Capita Income | $21,310 |
| Wealth Index5 | 45 |
HOUSING | |
|---|---|
| Total HU (Housing Units) | 1,202 (100%) |
| Owner Occupied HU | 674 (56.1%) |
| Renter Occupied HU | 414 (34.4%) |
| Vacant Housing Units | 114 ( 9.5%) |
| Median Home Value | $139,904 |
| Average Home Value | $159,510 |
| Housing Affordability Index3 | 186 |
HOUSEHOLDS | |
| Total Households | 1,088 |
| Average Household Size | 2.53 |
| Family Households | 682 |
| Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2022 | 2022-2027 |
|---|---|---|
| Population | -0.96% | 0.08% |
| Households | 0.37% | 0.16% |
| Families | 0.06% | |
| Median Household Income | 0.72% | |
| Per Capita Income | 1.81% | |
| Owner Occupied HU | 0.38% |
The table below compares Hanover to the other 696 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
| Variable Description | Rank | Percentile |
|---|---|---|
| Total Population | # 157 | 78th |
| Population Density | # 201 | 71st |
| Median Household Income | # 543 | 22nd |
| Housing Affordability Index | # 314 | 45th |
| Per Capita Income | # 679 | 3rd |
| Diversity Index | # 141 | 80th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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