City profile · New Mexico · Census ACS 2023

Hanover, NM

Population, income, housing, safety, climate and schools for Hanover - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

276
Residents
$32,194
Median income
$95,400
Median home
$1,048
Median rent (state)

Hanover - the verdict

Out of every US city with 1,000+ residents, Hanover places in the 3rd percentile for household income. Source: Census ACS.

3rd
percentile, household income
8th
percentile, home value
24th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Hanover, NM

276 people live in Hanover, New Mexico - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $32,194 per year, in the lower quartile of U.S. cities for household income, with a poverty rate of 0.0%. Home values in Hanover run a median of $95,400, and the median resident age is 31.9 years. 0.0% of adults here have a bachelor's degree or higher; 20.7% of working-age residents are in the labor force.

Living costs in New Mexico run below the national norm: the state registers 92.2 on a 100-equals-national-average index (Below Average) per BEA Regional Price Parities 2024. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $1,048 monthly. Monthly utility costs average around $167 across New Mexico, per EIA 2023 residential energy estimates. FEMA's National Risk Index rates natural-hazard exposure at 74.1 out of 100 (High).

Population

276 residents

Census ACS 2023 - New Mexico

Median Household Income

$32,194 /yr

Poverty 0.0%

Cost of Living Index (state)

92.2 (US=100)

Below Average - BEA RPP 2024, New Mexico average

How does Hanover compare to other US cities?

Here's how Hanover stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 3% higher than other cities
Home value 8% pricier than other cities
Median rent 24% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Hanover's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in New Mexico, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

3rdIncome percentile

3rd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Hanover's home value compares nationally

Median home value vs. every US city (population 1,000+)

$95,400 Among the most affordable more affordable than 92% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). This entry sits in this band. $100,000–$125,000: 1,516 US cities (10%). Above this entry. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Hanover $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Hanover, NM Hanover, NM's reported median household income shown against the U.S. national quintile-share pattern (not Hanover, NM-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Hanover, NM median $32,194/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Hanover, NM's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Hanover, NM. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 0.0%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 0.0%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 20.7%

Census ACS S2301, share of working-age residents in the labor force

Population
276
Median Income
$32,194
Median Home Value
$95,400
Median Age
31.9
Poverty Rate
0.0%
Labor force participation
20.7%
Bachelor's Degree+
0.0%

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
100.0%
Carpool
0.0%
Public Transit
0.0%
Walk
0.0%
Work from Home
0.0%

Based on 57 workers 16 and over.

Monthly Utility Costs

State-average estimates for New Mexico - EIA 2023 residential energy data

Electricity
$85
avg/month
Natural Gas
$40
avg/month
Water & Sewer
$42
avg/month
Total Utilities
$167
estimated/month

Estimates reflect New Mexico state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a New Mexico state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Hanover sits in

Cost of Living Index
92.2
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,048/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
74.1 / 100
High
FEMA NRI composite score (county)

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Hanover's 276 residents (Census ACS 5-Year 2023).

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Hanover's $32,194 (Census ACS 5-Year 2023, table B19013).

Race & Ethnicity Composition

Race and ethnicity - Hanover, NM Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Hanover, NM - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 67.0% 33.0% ETHNICITY, Hispanic or Latino (any race) 44.6% White 67.0% Black or African American 0.0% Asian 0.0% American Indian 0.0% Native Hawaiian 0.0% Some other race 0.0% Two or more races 33.0% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Hanover compares to nearby New Mexico cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Hanover (this city) 276 $32,194
Soham 275 N/A
Becenti 274 N/A
Truchas 278 $39,632
Census ACS 5-year FIPS NM OMB Bulletin 23-01

What do people ask about Hanover, NM?

What is the population of Hanover, NM? +

The population of Hanover, NM stands at 276 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Hanover, NM? +

Hanover households earn a median of $32,194 annually, based on Census ACS 2023 data.

What is the cost of living in Hanover? +

BEA does not publish a city-level cost-of-living figure for Hanover; the closest available measure is the New Mexico state average, a cost of living index of 92.2 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within New Mexico vary by metro area.

What is the median home value in Hanover, NM? +

Hanover's median home value sits at $95,400, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.