Hanover, ME 04237 is a great place to call home. Not only does it have an affordable 2 bedroom rent of $950 compared to the US average of $1,430, but it also has a Grocery Cost Index that is 107 versus 100 in the US. Hanover is home to several well-known businesses such as L.L. Bean and Irving Oil Corporation. The city was originally known for its paper mills but now remains one of the fastest growing cities in Maine with many opportunities for employment and recreation. There are three colleges located in Hanover - Dartmouth College, Dartmouth-Hitchcock Medical Center and New Hampshire Technical Institute - all offering unique educational programs for students of all ages. With its abundance of culture and recreational activities, Hanover is perfect for families looking for an ideal place to live.
Hanover (zip 04237) has an unemployment rate of 6.6%. The US average is 6.0%.
Hanover (zip 04237) 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 (zip 04237)
- The Sales Tax Rate for Hanover (zip 04237) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Hanover (zip 04237) 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 (zip 04237)
- The average income of a Hanover (zip 04237) resident is $83,893 a year. The US average is $37,638 a year.
- The Median household income of a Hanover (zip 04237) resident is $0 a year. The US average is $69,021 a year.