Hanover 72 Excellent
Hanover Livability #250 ranked city in Minnesota#5,696 ranked city in the USARanks better than 80% of areas

Pros and Cons of Living in Hanover

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

  • Health & Safety

    A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.

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What's it like Living in Hanover?

Hanover, Minnesota is a small city with a population of 3,414 residents. The majority of Hanover residents report their race to be White; this is followed by Asian and Black. An important consideration when living in Hanover is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 32 minutes, far surpassing the national average of 26 minutes.

Without the right tools, moving to any new town can be very stressful and challenging. Living in Hanover, Minnesota could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like crime, education, employment, housing and other key data points, finding the best places to live in Hanover and in the areas around Hanover is a much easier task.

With a livability score of 70/100, Hanover is ranked #6,250 in the United States and #257 in Minnesota. For each of the livability categories, we know that Hanover ranks very well for crime (A+), education (A+) and housing (A+). There is at least one category that you should be aware of in Hanover. The following was graded with a discouraging score: amenities (F) and cost of living (D-).

The unemployment rate in Hanover has consistently declined over the years and currently stands well below the national average at 0.95%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Parents and families often rely on school test scores when making decisions about local public schools. Test score data serves as a crucial metric for comparing and assessing various educational institutions. In Hanover, the average school test scores reached an impressive 81%, significantly higher than the national average. This remarkable performance underscores the commitment of the educational system to equip students with the knowledge and resources necessary for success. It allows your children to receive the support and skills that are essential for thriving academically, making Hanover an excellent choice for families seeking a high-quality education.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Hanover has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Hanover is real estate affordability. The median home price for Hanover homes is $307,800, which is 60.7% higher than the Minnesota average. If we take a closer look at the affordability of homes in Hanover, we’ll see that the home price to income ratio is 2.6, which is 13.3% lower than the Minnesota average.

Best Places to Live in and Around Hanover

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How Do You Rate The Livability In Hanover?

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Compare Hanover, MN Livability

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      Hanover transportation information

      Statistic Hanover Minnesota National
      Average one way commute32min23min26min
      Workers who drive to work76.8%78.0%76.4%
      Workers who carpool2.5%8.7%9.3%
      Workers who take public transit3.1%3.5%5.1%
      Workers who bicycle0.0%0.8%0.6%
      Workers who walk0.9%2.8%2.8%
      Working from home16.6%5.3%4.6%
      Source: The Hanover, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).