What are the schools like in Hanover, IN?

Hanover is served primarily by Southwestern-Jefferson Co Con. The district operates 1 elementary schools, 1 middle schools, and 1 high schools with a student-to-teacher ratio of 15.6:1.

What is the median household income in Hanover?

The median household income in Hanover, IN is $55,313 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 3.4%.

What is the weather like in Hanover, IN?

Hanover has an average high temperature of 42.2°F in January and 88.0°F in July. Annual precipitation averages 50.6 inches and annual snowfall averages 12.3 inches.

Hanover, IN Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Hanover, IN affordable or expensive?

Hanover's cost of living index is 93, where 100 represents the national average. This means Hanover is 7% less expensive than the average US city. The median home value is $126,600 and the median rent is $841 per month.

Q: What is the crime rate in Hanover, IN?

Crime rate data for Hanover is not currently available from the FBI's reported data.

Is Hanover, IN a Good Place to Live?

Hanover is a small town of 3,665 in Indiana, with a median household income of $55,313 and a 3.4% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Hanover stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Hanover is right for you depends on your priorities — the full breakdown is below.

All Hanover city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.6

Hanover's overall cost of living index is 92.6, where 100 represents the US national average. Living in Hanover costs roughly 7% less than the average American city.

Metric	Hanover, IN	National Avg
Median Home Value	$126,600	$244,900
Median Monthly Rent	$841	$1,163
Homeownership Rate	67.4%	65.9%
Median Household Income	$55,313	$74,755

Crime & Safety

Crime data for Hanover is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Hanover is served primarily by Southwestern-Jefferson Co Con. The student-to-teacher ratio is 15.6:1 (better than the national average of ~16:1).

Metric	Hanover, IN	National Avg
School District	Southwestern-Jefferson Co Con	—
Elementary Schools	1	—
Middle Schools	1	—
High Schools	1	—
Student/Teacher Ratio	15.6:1	16:1
Bachelor's Degree or Higher	11.2%	35.4%
High School Diploma or Higher	86.9%	91.1%

Weather & Climate

Hanover sees average highs of 42.2°F in January and 88.0°F in July, with 50.6 inches of annual precipitation and 12.3 inches of snow per year.

Metric	Hanover, IN
Average High — January	42.2°F
Average High — July	88.0°F
Annual Precipitation	50.6"
Annual Snowfall	12.3"

Demographics

Metric	Hanover, IN	National Avg
Population	3,665	—
Median Age	29.0	38.9
Unemployment Rate	3.4%	3.7%
Avg Commute Time	18.8 min	26 min
White (non-Hispanic)	96.8%	59.3%
Black or African American	1.0%	13.6%
Hispanic or Latino	0.1%	18.9%
Asian	0.6%	6.3%
Under 18	18.4%	22.2%
65 and over	11.8%	16.8%

Nearby Cities

Kent, IN 4 mi Milton, KY 5 mi Madison, IN 5 mi Blocher, IN 10 mi New Washington, IN 11 mi

ZIP Codes in Hanover

Hanover, IN is covered by 1 ZIP code:

47243

Hanover vs Other Cities

Hanover, IN vs Kent, IN Hanover, IN vs Milton, KY Hanover, IN vs Madison, IN Hanover, IN vs Blocher, IN Hanover, IN vs New Washington, IN

Frequently Asked Questions

Is Hanover, IN affordable or expensive?

Hanover's cost of living index is 93, where 100 is the national average. That makes Hanover roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $126,600 and median rent is $841/month.

What is the crime rate in Hanover, IN?

Crime data for Hanover is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.

What are the schools like in Hanover?

Public schools in Hanover are operated by Southwestern-Jefferson Co Con. The district has 1 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 15.6:1. 11.2% of adults 25+ hold a bachelor's degree or higher.

Is Hanover, IN a good place to live?

Hanover, IN has a population of 3,665, a median household income of $55,313, and an unemployment rate of 3.4%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Hanover?

Hanover averages 42.2°F in January and 88.0°F in July. Annual rainfall is 50.6 inches with about 12.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Hanover?

Hanover, IN is covered by 1 ZIP code: 47243.

What is the population of Hanover?

The population of Hanover, Indiana is 3,665 with a median age of 29.0. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Hanover?

Key numbers for living in Hanover: cost of living index 93 (100 = US average), median home $126,600, median household income $55,313, schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Hanover side by side with your current city to see the trade-offs.