Department of Numbers

Hanover County Virginia Household Income

The Census ACS 1-year survey reports that the median household income for the Hanover County Virginia area was $94,381 in 2021, the latest figures available. Hanover County median household income is $13,418 higher than the median Virginia household income and $24,664 greater than the US median household income. 2022 county income data (including Hanover County median household income) will be released in September of 2023. Median family and per capita income for Hanover County are shown below.

Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.

Show dollars as: Nominal Real

Real Median Household Income for Hanover County Virginia

2021 1 Year Change 3 Year Change
US $69,717 -1.64% +4.32%
Virginia $80,963 -1.73% +3.39%
Hanover County $94,381 -2.09% -4.20%

Trends in Hanover County, VA Real Median Household Income since 2005

The current median household income for Hanover is $94,381. Real median household income peaked in 2005 at $101,623 and is now $7,242 (7.13%) lower. From a post peak low of $81,496 in 2011, real median household income for Hanover has now grown by $12,885 (15.81%).

Real Median Household Income: Hanover County, Virginia, National

Historical Inflation Adjusted Median Household Income for Hanover County

Date US Virginia Hanover County
2021 $69,717 $80,963 $94,381
2020 $70,877 $82,385 $96,397
2019 $69,638 $81,024 $95,178
2018 $66,828 $78,308 $98,519
2017 $66,687 $79,065 $99,546
2016 $65,052 $76,903 $93,862
2015 $63,784 $75,776 $93,871
2014 $61,468 $74,350 $95,949
2013 $60,869 $73,004 $90,196
2012 $60,732 $72,991 $87,635
2011 $60,969 $74,707 $81,496

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Hanover County Family Income

The ACS 1-year data shows the median family income for Hanover County was $112,132 in 2021. Compared to the median Virginia family income, Hanover County median family income is $11,369 higher. As with the median household income data, 2022 family income data for Hanover County will be released in September of 2023.

Show dollars as: Nominal Real

Real Median Family Income for Hanover County Virginia

2021 1 Year Change 3 Year Change
US $85,806 -1.68% +4.09%
Virginia $100,763 -0.89% +5.02%
Hanover County $112,132 -0.88% -4.26%

Trends in Hanover County, VA Real Median Family Income since 2005

The current median family income for Hanover is $112,132. Real median family income peaked in 2018 at $117,116 and is now $4,984 (4.26%) lower.

Real Median Family Income: Hanover County, Virginia, National

Historical Inflation Adjusted Median Family Income for Hanover County

Date US Virginia Hanover County
2021 $85,806 $100,763 $112,132
2020 $87,269 $101,666 $113,131
2019 $85,780 $99,083 $110,252
2018 $82,434 $95,951 $117,116
2017 $81,669 $95,361 $109,742
2016 $80,231 $94,055 $115,074
2015 $78,061 $91,948 $104,604
2014 $75,505 $89,687 $110,830
2013 $74,593 $87,983 $105,154
2012 $73,920 $88,057 $100,358
2011 $74,192 $89,941 $99,730

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Hanover County Per Capita Income

The ACS 1-year survey shows the per capita income for Hanover County was $45,548 in 2021. Compared to the median Virginia per capita income, Hanover County median per capita income is $1,792 higher. As with the median household and median family income numbers above, 2022 per capita income data for Hanover County will be released in September of 2023.

Show dollars as: Nominal Real

Real Per Capita Income for Hanover County Virginia

2021 1 Year Change 3 Year Change
US $38,332 -1.03% +5.01%
Virginia $43,756 -0.93% +4.25%
Hanover County $45,548 -0.11% +2.93%

Trends in Hanover County, VA Real Per Capita Income since 2005

The current per capita income for Hanover is $45,548. Real per capita income peaked in 2008 at $45,897 and is now $349 (0.76%) lower. From a post peak low of $36,830 in 2011, real per capita income for Hanover has now grown by $8,718 (23.67%).

Real Per Capita Income: Hanover County, Virginia, National

Historical Real Per Capita Income for Hanover County

Date US Virginia Hanover County
2021 $38,332 $43,756 $45,548
2020 $38,730 $44,166 $45,597
2019 $37,803 $43,063 $44,062
2018 $36,503 $41,972 $44,252
2017 $35,807 $41,383 $43,192
2016 $35,145 $40,878 $43,016
2015 $34,284 $39,774 $43,363
2014 $33,094 $39,009 $41,621
2013 $32,833 $38,613 $38,772
2012 $32,297 $38,442 $37,333
2011 $32,243 $38,781 $36,830

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