Hanover, ME is a pleasant small town located in the state of Maine. It has a population of about 11,000 and is known for its close-knit community and nearby outdoor activities. The rental cost for two bedroom apartments in Hanover, ME is $950, which is significantly lower than the US average of $1430. The grocery cost index in Hanover is 107 versus 100 in the US. In addition to affordable living costs, Hanover offers many amenities like downtown shopping, restaurants, and entertainment options such as bars and movie theaters. There are also various local companies such as Dartmouth College Editus Services, Dartmouth Hitchcock Medical Center Pharmacy Services, and Active Foot Care and Physical Therapy Clinic who provide jobs to locals. For those looking to enjoy the outdoors there are plenty of recreational activities such as skiing at Dartmouth Skiway or hiking on trails around the White Mountains National Forest.
Hanover has an unemployment rate of 1.8%. The US average is 6.0%.
Hanover has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Hanover
- The Sales Tax Rate for Hanover is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hanover is 7.2%. 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 $83,893 a year. The US average is $37,638 a year.
- The Median household income of a Hanover resident is $0 a year. The US average is $69,021 a year.