Hanover is a small town of 397 in Michigan, with a median household income of $65,250
and a 3.0% 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, 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: 92.7
Hanover's overall cost of living index is 92.7,
where 100 represents the US national average.
Living in Hanover costs roughly 7% less than the average American city.
Metric
Hanover, MI
National Avg
Median Home Value
$136,100
$244,900
Median Monthly Rent
$919
$1,163
Homeownership Rate
69.8%
65.9%
Median Household Income
$65,250
$74,755
Crime & Safety
Safer than Average
Hanover's violent crime rate is 310.4 per 100,000 residents
— 18% lower than the national average of ~380 per 100,000.
Violent Crime
310.4 /100k
Property Crime
1035.3 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Hanover is served primarily by Hanover-Horton School District.
The student-to-teacher ratio is 18.6:1
(slightly above the national average of ~16:1).
Metric
Hanover, MI
National Avg
School District
Hanover-Horton School District
—
Elementary Schools
1
—
Middle Schools
1
—
High Schools
1
—
Student/Teacher Ratio
18.6:1
16:1
Bachelor's Degree or Higher
10.6%
35.4%
High School Diploma or Higher
97.4%
91.1%
Weather & Climate
Hanover sees average highs of 30.6°F in January
and 82.5°F in July,
with 37.7 inches of annual precipitation
and 44.1 inches of snow per year.
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 $136,100 and median rent is $919/month.
Hanover's violent crime rate is 310.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1035.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Hanover are operated by Hanover-Horton School District.
The district has 1 elementary, 1 middle, and 1 high schools.
The student-to-teacher ratio is 18.6:1. 10.6% of adults 25+ hold a bachelor's degree or higher.
Hanover, MI has a population of 397, a median household income of $65,250, and an unemployment rate of 3.0%.
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.
Hanover averages 30.6°F in January and 82.5°F in July. Annual rainfall is 37.7 inches
with about 44.1 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Hanover, MI is covered by 1 ZIP code: 49241.
The population of Hanover, Michigan is 397 with a median age of 37.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hanover: cost of living index 93 (100 = US average), median home $136,100, median household income $65,250, crime index 69 (100 = US average, lower is safer), schools rated C+. 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.