Hanover, ON Employment - Median Household Income, Unemployment Rate

D+

24%

Household income NAT. AVG.

46%

Unemployment NAT. AVG.

15%

In labour force NAT. AVG.

Index	Hanover	Ontario	National
Median household income	$63,012	$87,353	$82,436
Unemployment rate	3.5%	4.2%	6.4%
In labour force	54.6%	61.7%	63.9%

Key findings

The median household income in Hanover is 24% lower than the national average
The unemployment rate in Hanover is 46% lower than the national average
In Hanover 8.8% of people earn $20,000 or less
In Hanover 11.0% of people earn between $80,000 and $100,000
In Hanover 1.0% of people earn $300,000 or more

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am i middle class

$42,003 $63,012 $126,024

City

$58,229 $87,353 $174,706

State

$54,951 $82,436 $164,872

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Hanover median earnings by income bracket

Hanover employment by industry

Labour Type	Percent
Construction industry	4.2%
Manufacturing sector	8.8%
Financial & insurance services	1.9%
Wholesale & retail services	10.0%
Public administration	2.4%
Transportation, warehousing & utilities	2.7%
Education, health & social services	9.4%
Other	14.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
South Bruce, ON	6,022	$81,341	1.3%
Brockton, ON	9,915	$78,982	4.2%
West Grey, ON	13,645	$76,033	7.8%
Hanover, ON	8,487	$63,012	23.6%

Cities with similar population

City	Population	Household Income	National Avg.
Conover, NC	8,488	n/a
Harrison, TN	8,485	n/a
Glastonbury Center, CT	8,483	n/a
Smithfield, VA	8,492	n/a
Edson, AB	8,481	$95,232	15.5%
Hanover, ON	8,487	$63,012	23.6%

Source: The Hanover, ON data and statistics displayed above are derived from Statistics Canada and updated for 2021 by Environics Analytics.