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The total population of Hanoverton is estimated to be 337 with 152 males (45.10%) and 185 females (54.90%). There are 33 more females than males in Hanoverton.
The median household income in Hanoverton was $53,595 in 2021, which marked an a decrease of 584(1.08%) from $54,179 in 2020. This income is 71.84% 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, Hanoverton sees its highest median household income among householders in the age group of 25 to 44 years old, at $74,313. Overall, the median household income for the village of Hanoverton stands at $53,595.
In Hanoverton, the median income for all workers aged 15 years and older, regardless of work hours, was $44,008 for males and $22,429 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,290 for males and $31,752 for females.
In Hanoverton, population is primarily represented by White households, reporting a median income of $53,595.
In 2022, the population of Hanoverton was 345, a 1.15% decrease year-by-year from 2021. Previously, in 2021, Hanoverton's population was 349, a decline of 0.57% compared to a population of 351 in 2020.
The median age in Hanoverton, OH is 44.1, as per 2021 ACS 5-Year Estimates. Of the total population, 17.68% were under the age of 15, 11.59% aged 15 to 29, 55.65% aged 30 to 64, 12.17% aged 65 to 84, and 2.90% were 85 years of age and older.
Racial distribution of Hanoverton population: 93.91% are White, 1.74% are American Indian and Alaska Native and 4.35% are multiracial.