Hanover, KS is a small city located in the north-eastern part of Kansas. It is renowned for its affordable living costs, with 2 bedroom rent at an average of $810 compared to the US average of $1,430. Grocery cost index in Hanover is also lower compared to US average, making it a great place to live for those on a budget. Notable companies in Hanover include Schmeidler Oil Company, Discount Pawn Shop and Latte Da Coffee House. Other local businesses providing services to Hanover residents include Johnston’s Auto Repair and The Hanover Market & Deli. With its affordable housing and cost of living, friendly people and business community; Hanover is an excellent place to live and work.
Hanover has an unemployment rate of 1.7%. The US average is 6.0%.
Hanover has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 15.8%, which is lower than the US average of 33.5%.
Tax Rates for Hanover
- The Sales Tax Rate for Hanover is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hanover is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hanover
- The average income of a Hanover resident is $22,028 a year. The US average is $28,555 a year.
- The Median household income of a Hanover resident is $55,938 a year. The US average is $69,021 a year.