Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

64 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,832

Average Rent as Percentage of Gross Income

Median rent for 2018: $586

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $10,550
--Home Prepared Food $5,945
--Restaurant/Takeaway Food $4,605
Alcoholic Beverages $775
Housing $26,742
--Rent/Mortgage/Upkeep/Taxes $15,637
--Utilities $5,390
--Operations $2,031
--Supplies $994
--Furnishings $2,700
Apparel $2,481
--Men & Boys $555
--Women & Girls $1,005
--Children < 2 $10
--Footwear $523
Transportation $12,989
--New Vehicles $2,428
--Used Vehicles $2,774
--Fuel $2,805
--Insurance $1,298
--Public Transit $1,089
Healthcare $6,615
Entertainment $4,291
--Pets $879
--Toys $209
Personal Care Products $1,026
Books & Literature $147
Education $1,874
Tobacco Products $461
Miscellaneous $1,319
Retirement $2,512
Non-health Insurance $9,713
Total Expenditures $81,492

Selected Population Data

Period Geography Population
2014 Hanover city, Minnesota 2,930
2015 Hanover city, Minnesota 3,006
2016 Hanover city, Minnesota 3,064
2017 Hanover city, Minnesota 3,234
2018 Hanover city, Minnesota 3,298