Zip 02339 (Hanover, MA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Hanover, MA (02339) is a cozy town located in Plymouth County with excellent access to nearby cities for various amenities and employment opportunities. Due to its small size, Hanover offers residents a tight-knit community feel as well as a low cost of living. The median rental price for a two-bedroom is $2,140, which is significantly higher than the US average of $1,430. Additionally, grocery costs are 111 versus 100 in the US, making it slightly more expensive to shop here.
Hanover is home to many local companies such as Hanover Auto Body, Dolce Vita Salon & Spa and D-Lux Cleaners. These businesses are popular among locals due to their affordable prices and good customer service. For example, Dolce Vita Salon & Spa offers services such as haircuts and coloring starting from $40 while D-Lux Cleaners provides dry cleaning services starting from only $3 per garment. In conclusion, Hanover provides quality services at an affordable cost while still maintaining its tight-knit community atmosphere that makes it so desirable to live in.

Hanover (zip 02339) has an unemployment rate of 5.6%. The US average is 6.0%.

Hanover (zip 02339) has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 41.9%, which is higher than the US average of 33.5%.

Tax Rates for Hanover (zip 02339)
- The Sales Tax Rate for Hanover (zip 02339) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hanover (zip 02339) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hanover (zip 02339)
- The average income of a Hanover (zip 02339) resident is $42,458 a year. The US average is $28,555 a year.
- The Median household income of a Hanover (zip 02339) resident is $149,048 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanover, MassachusettsUnited States
  5.66
  -9.1%-6.2%
  41.9%33.5%
  6.3%6.2%
  5.1%4.6%
  $59,268$37,638
  $149,048$69,021
  $165,064$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.7%6.8%
  2.7%10.0%
  2.0%2.5%
  9.4%11.0%
  2.4%4.8%
  2.0%0.8%
  1.4%1.9%
  11.9%4.7%
  1.1%1.9%
  15.0%7.6%
  0.4%0.1%
  1.2%4.2%
  9.8%9.3%
  15.0%14.0%
  1.8%2.1%
  5.5%7.0%
  6.7%4.8%
  4.0%4.7%
Health