The median household income in Hanover, MI in 2022 was $61,577, which was 8.8% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $38,750 in 2000 this represents an increase of 37.1%. The per capita income in 2022 was $27,929, which means an increase of 52.5% compared to 2000 when it was $13,254.
Whole page based on the data from 2000 / 2022 when the population of Hanover, Michigan was 424 / 396
Income statistics for all residents
Median household income in Hanover, MI in 2022:
Hanover:
$61,578
Michigan:
$66,986
Change in median household income between 2000 and 2022:
Hanover, Michigan:
+58.9%
State:
+50.0%
Number of households with income < $10k:
Hanover:
0.6% (1)
Michigan:
5.7% (231,223)
Number of households with income $10k - 20k:
Hanover:
5.5% (9)
State:
7.5% (306,955)
Number of households with income $20k - 30k:
Hanover:
5.5% (9)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Hanover:
12.9% (21)
Michigan:
8.3% (341,408)
Number of households with income $40k - 50k:
Hanover:
11.0% (18)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Hanover:
8.6% (14)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Hanover:
16.6% (27)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Hanover:
27.0% (44)
Michigan:
13.2% (538,299)
Number of households with income $100k - 125k:
Hanover:
4.9% (8)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Hanover:
1.8% (3)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Hanover:
4.3% (7)
Michigan:
7.5% (305,077)
Number of households with income > $200k:
Hanover:
1.2% (2)
Michigan:
8.1% (330,644)
Aggregate household income in Hanover in 2022: $11,028,737
Median family income in Hanover in 2022:
Hanover:
$69,486
State:
$85,865
Number of families with income < $10k:
Hanover:
1.3% (1)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Hanover:
4.3% (5)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Hanover:
2.9% (3)
Michigan:
5.0% (127,320)
Number of families with income $30k - 40k:
Hanover:
12.1% (13)
State:
6.4% (163,565)
Number of families with income $40k - 50k:
Hanover:
10.5% (12)
State:
6.8% (172,384)
Number of families with income $50k - 60k:
Hanover:
2.6% (3)
Michigan:
7.1% (179,870)
Number of families with income $60k - 75k:
Hanover:
18.7% (21)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Hanover:
33.3% (37)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Hanover:
6.6% (7)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Hanover:
2.5% (3)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Hanover:
3.8% (4)
Michigan:
10.2% (259,462)
Number of families with income > $200k:
Hanover:
1.5% (2)
Michigan:
11.3% (287,206)
Median non-family income in Hanover in 2022:
Hanover:
$52,934
State:
$40,459
Change in median non-family income between 2000 and 2022:
Hanover, Michigan:
+82.1%
Michigan:
+54.5%
Median per capita income in Hanover in 2022:
Hanover:
$27,930
Michigan:
$38,151
Change in median per capita income between 2000 and 2022:
Hanover, Michigan:
+110.7%
State:
+72.1%
Income statistics for White residents
Median household income in Hanover, MI in 2022:
Hanover:
$61,572
Michigan:
$71,609
Change in median household income between 2000 and 2022:
Hanover, Michigan:
+58.9%
Michigan:
+52.9%
Number of households with income < $10k:
Hanover:
0.7% (1)
Michigan:
4.4% (140,440)
Number of households with income $10k - 20k:
Hanover:
5.9% (9)
Michigan:
6.5% (205,547)
Number of households with income $20k - 30k:
Hanover:
6.6% (10)
Michigan:
7.6% (242,254)
Number of households with income $30k - 40k:
Hanover:
12.5% (19)
Michigan:
8.1% (257,175)
Number of households with income $40k - 50k:
Hanover:
11.8% (18)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Hanover:
8.6% (13)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Hanover:
14.5% (22)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Hanover:
27.6% (42)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Hanover:
4.6% (7)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Hanover:
2.0% (3)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Hanover:
4.6% (7)
State:
8.1% (255,445)
Number of households with income > $200k:
Hanover:
0.7% (1)
Michigan:
8.7% (276,727)
Aggregate household income in Hanover in 2022: $10,162,093
Median family income in Hanover in 2022:
Hanover:
$69,470
State:
$90,317
Number of families with income < $10k:
Hanover:
1.5% (2)
State:
2.5% (49,508)
Number of families with income $10k - 20k:
Hanover:
5.4% (6)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Hanover:
3.3% (3)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Hanover:
12.3% (13)
State:
5.9% (117,356)
Number of families with income $40k - 50k:
Hanover:
11.5% (12)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Hanover:
2.4% (3)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Hanover:
16.0% (17)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Hanover:
33.8% (35)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Hanover:
6.5% (7)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Hanover:
2.5% (3)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Hanover:
3.9% (4)
Michigan:
11.0% (218,573)
Number of families with income > $200k:
Hanover:
0.8% (1)
State:
12.0% (239,713)
Median non-family income in Hanover in 2022:
Hanover:
$50,619
Michigan:
$42,438
Change in median non-family income between 2000 and 2022:
Hanover, Michigan:
+74.2%
State:
+56.8%
Median per capita income in Hanover in 2022:
Hanover:
$29,499
Michigan:
$41,514
Change in median per capita income between 2000 and 2022:
Hanover, Michigan:
+120.4%
State:
+75.2%
Income statistics for Black or African American residents
Median per capita income in Hanover in 2022:
Hanover:
$9,236
State:
$25,207
Income statistics for Hispanic or Latino residents
Median household income in Hanover, MI in 2022:
Hanover:
$98,130
State:
$62,497
Aggregate household income in Hanover in 2022: $851,863
Median per capita income in Hanover in 2022:
Hanover:
$34,582
Michigan:
$25,462
Income statistics for Multirace residents
Median per capita income in Hanover in 2022:
Hanover:
$20,182
State:
$26,098
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