Hanover
Small town · Ontario · Population 7,967
Housing and jobs
Housing costs, rents, incomes and jobs in Hanover, with comparisons and sources.
Affordability
Average monthly rent$998/month
ON: $1,408/month · Canada: $1,209/month · 2006: $863/month · 2016: $955/month (in 2021 dollars) · Statistics Canada, 2021
Median dwelling value (owner-estimated)$400,000
ON: $700,000 · Canada: $472,000 · 2016: $247,815 (in 2021 dollars) · Statistics Canada, 2021
Households spending 30%+ of income on housing20.2%
ON: 24.2% · Canada: 20.9% · 2006: 25.8% · 2016: 27.1% · Statistics Canada, 2021
Economy
Median household income$69,000
ON: $91,000 · Canada: $84,000 · 2006: $57,324 · 2016: $59,376 (in 2020 dollars) · Statistics Canada, 2021
Population growth (5-year)3.6%
ON: 5.8% · Canada: 5.2% · 2016: 2.6% · Statistics Canada, 2021
Unemployment rate9.5%
ON: 12.2% · Canada: 10.3% · 2006: 5.2% · 2016: 5.7% · Statistics Canada, 2021