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The total population of Hanover town is estimated to be 14,773 with 7,412 males (50.17%) and 7,361 females (49.83%). There are 51 less females than males in Hanover town.
The median household income in Hanover town was $161,108 in 2021, which marked an an increase of 9,355(6.16%) from $151,753 in 2020. This income is 215.95% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hanover town sees its highest median household income among householders in the age group of 45 to 64 years old, at $204,323. Overall, the median household income for the town of Hanover town stands at $161,108.
In Hanover town, the median income for all workers aged 15 years and older, regardless of work hours, was $78,026 for males and $46,874 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $113,867 for males and $95,411 for females.
In Hanover town, population is primarily represented by White households, reporting a median income of $161,193.
In 2022, the population of Hanover town was 14,758, a 0.85% decrease year-by-year from 2021. Previously, in 2021, Hanover town's population was 14,884, an increase of 0.47% compared to a population of 14,815 in 2020.
The median age in Hanover, Massachusetts is 40.9, as per 2021 ACS 5-Year Estimates. Of the total population, 19.75% were under the age of 15, 20.72% aged 15 to 29, 44.49% aged 30 to 64, 13.42% aged 65 to 84, and 1.61% were 85 years of age and older.
Racial distribution of Hanover town population: 96.23% are White, 0.44% are Black or African American, 0.50% are Asian, 0.35% are some other race and 2.48% are multiracial.