2025 Compare Cities Economy:
Hanover, NH vs Taos, NM

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Highlights
- Household income in Taos, is 75% less than it is in Hanover and is 86% below the National Average.
- Hanover unemployment rate is 2.9%.
- Taos unemployment rate is 10.5%.
 Hanover, NHTaos, NMUnited States
 Unemployment Rate  Unlock10.5%6.0%
 Recent Job Growth  Unlock2.6%1.6%
 Future Job Growth31.3%  Unlock33.5%
 Sales Taxes0.0%  Unlock6.2%
 Income Taxes  Unlock4.9%4.6%
 Income per Cap.$50,173  Unlock$37,638
 Household Income  Unlock$37,083$69,021
 Family Median Income$199,205  Unlock$85,028
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 Est. Households By Income
 Hanover, NHTaos, NMUnited States
 Income Less Than 15K  Unlock18.4%9.4%
 Income between 15K and 20K1.7%  Unlock3.8%
 Income between 20K and 30K  Unlock18.4%8.1%
 Income between 30K and 40K3.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.7%7.6%
 Income between 50K and 60K4.5%  Unlock7.2%
 Income between 60K and 75K  Unlock6.8%9.6%
 Income between 75K and 100K6.3%  Unlock12.8%
 Income between 100K and 150K  Unlock12.2%16.3%
 Income between 150K and 200K13.8%  Unlock7.8%
 Income greater than 200K  Unlock7.1%9.5%
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 Population By Occupation
 Hanover, NHTaos, NMUnited States
 Management, business, finance20.7%  Unlock16.4%
 Engineering, computers, science  Unlock3.0%6.5%
 Community, social services2.8%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library17.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.0%2.0%
 Healthcare practitioners and technology13.8%  Unlock6.2%
 Healthcare support  Unlock7.1%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock8.9%5.4%
 Building maintenance0.2%  Unlock3.6%
 Personal care  Unlock0.5%2.6%
 Sales, office, administrative support17.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair1.7%  Unlock8.1%
 Production, transportation, material moving  Unlock1.3%13.1%
Reviews for Hanover    1 Reviews

Hanover/Lyme is where people from MA and NY and other states move so they can be big fish in little ponds. For the area, Hanover is a nice town but there are many such  More

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Reviews for Taos    6 Reviews

I’ve traveled to many places in my lifetime. New Mexico is a favorite. Typically we stay in The Inn of The Governor’s in Santa Fe. (It’s an awesome place.) This  More

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Over 16 years ago

Taos is beautiful with much to offer. However, housing is very expensive. Because much of the town's economy focuses on tourism, there are few jobs available in other  More

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Over 16 years ago

Taos has a diverse culture which has helped create a diverse art market with over 100 galleries and studios. From traditional native arts to contemporary, Taos has it  More

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