How many renters in Hanover, IN pay more than 30% of their income on rent?
52.3% (±18.8 points) of renting households in Hanover, IN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
45.4% spend 35% or more.
The median renting household spends 31.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 52.3% (±18.8 points)
- Paying 35% or more
- 45.4% (±17.1 points)
- Median share of income
- 31.7% (±12.0 points)
Rent as a share of income in Hanover
| Share of income spent on rent | Hanover | Jefferson County | Indiana | United States |
|---|---|---|---|---|
| Less than 15% | 10.7% (±8.4 points) | 16.4% | 14.1% | 12.6% |
| 15% to 19.9% | 7.8% (±5.6 points) | 13.2% | 13.6% | 12.2% |
| 20% to 24.9% | 24.0% (±12.8 points) | 11.9% | 12.9% | 12.6% |
| 25% to 29.9% | 5.2% (±4.8 points) | 19.1% | 11.4% | 11.5% |
| 30% to 34.9% | 6.9% (±7.7 points) | 12.1% | 9.2% | 9.2% |
| 35% or more | 45.4% (±17.1 points) | 27.2% | 38.9% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Hanover against Jefferson County, its state and the nation
| Hanover | Jefferson County | Indiana | United States | |
|---|---|---|---|---|
| Paying 30% or more | 52.3% (±18.8 points) | 39.3% (±8.5 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 45.4% (±17.1 points) | 27.2% (±6.2 points) | 38.9% (±0.5 points) | 41.9% |
| Median share of income | 31.7% (±12.0 points) | 27.2% (±1.7 points) | 29.1% (±0.3 points) | 30.6% |
| Median renter household income | $36,908 (±$14,912) | $42,473 (±$6,443) | $42,811 (±$480) | $52,966 |
| Median gross rent | $900 (±$64) | $890 (±$52) | $1,062 (±$5) | $1,413 |
In Hanover, the share of renters paying 30% or more of income is not measurably different from Jefferson County (39.3%).
It is not measurably different from Indiana (48.1%).
It is not measurably different from the national figure (51.1%).
In Jefferson County, Hanover ranks 4 of 14 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 397 of 1,492.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Hanover
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Hanover | — | 52.3% (±18.8 points) | — |
| Hanover Township (Jefferson County) | 1.3 mi | 41.7% (±16.1 points) | Not measurably different |
| Milton | 4.8 mi | 32.0% (±43.3 points) | Not measurably different |
| Republican Township | 5.2 mi | 0.0% (±141.4 points) | Not measurably different |
| Madison | 5.2 mi | 33.2% (±9.5 points) | Not measurably different |
| Saluda Township | 5.8 mi | 15.9% (±45.2 points) | Not measurably different |
| Smyrna Township | 6.4 mi | 31.4% (±78.5 points) | Not measurably different |
| Madison Township (Jefferson County) | 6.9 mi | 37.8% (±9.2 points) | Not measurably different |
| Lexington Township | 10 mi | 23.3% (±41.8 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Jefferson County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Monroe Township (Jefferson County) | 91.1% (±45.8 points) |
| 2 | Brooksburg | 85.7% (±113.8 points) |
| 3 | Milton Township | 72.9% (±51.3 points) |
| 4 | Hanover | 52.3% (±18.8 points) |
| 5 | Lancaster Township (Jefferson County) | 50.0% (±70.1 points) |
| 6 | Hanover Township (Jefferson County) | 41.7% (±16.1 points) |
| 7 | Madison Township (Jefferson County) | 37.8% (±9.2 points) |
| 8 | Madison | 33.2% (±9.5 points) |
| 9 | Smyrna Township | 31.4% (±78.5 points) |
| 10 | Saluda Township | 15.9% (±45.2 points) |
Showing 10 of 14 places in Jefferson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Hanover
Are renters in Hanover rent-burdened?
52.3% of renting households in Hanover pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Hanover spend on rent?
The median renting household in Hanover, IN spends 31.7% (±12.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hanover town, Indiana
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Hanover town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hanover town, Indiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hanover town, Indiana (place:31216, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hanover at a glance
- Median rent in Hanover
- Rent by bedrooms in Hanover
- Renters and owners in Hanover
- Income and affordability in Hanover
- Home values in Hanover
- Homeowner costs in Hanover
- Property taxes in Hanover
- Types of homes in Hanover
- Bedrooms in Hanover
- Age of homes in Hanover
- Heating fuel in Hanover
- Commute and cars in Hanover
- Population growth in Hanover
- How long people stay in Hanover
- Indiana landlord and tenant rules
- Housing across Jefferson County
- Indiana places ranked by rent burden
- Housing data for every place in Indiana