Hanover County Virginia Household Income
The Census ACS 1-year survey reports that the median household income for the Hanover County Virginia area was $89,812 in 2019, the latest figures available. Hanover County median household income is $13,356 higher than the median Virginia household income and $24,100 greater than the US median household income. 2020 county income data (including Hanover County median household income) will be released in September of 2021. Median family and per capita income for Hanover County are shown below.
Real Median Household Income for Hanover County Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $65,712 | +4.21% | +7.05% |
| Virginia | $76,456 | +3.47% | +5.36% |
| Hanover County | $89,812 | -3.39% | +1.40% |
Trends in Hanover County, VA Real Median Household Income since 2005
The current median household income for Hanover is $89,812. Real median household income peaked in 2005 at $95,893 and is now $6,081 (6.34%) lower. From a post peak low of $76,901 in 2011, real median household income for Hanover has now grown by $12,911 (16.79%).
Real Median Household Income: Hanover County, Virginia, National
Historical Inflation Adjusted Median Household Income for Hanover County
| Date | US | Virginia | Hanover County |
|---|---|---|---|
| 2019 | $65,712 | $76,456 | $89,812 |
| 2018 | $63,059 | $73,892 | $92,964 |
| 2017 | $62,927 | $74,606 | $93,933 |
| 2016 | $61,383 | $72,566 | $88,569 |
| 2015 | $60,187 | $71,504 | $88,579 |
| 2014 | $58,001 | $70,156 | $90,537 |
| 2013 | $57,437 | $68,887 | $85,110 |
| 2012 | $57,307 | $68,875 | $82,693 |
| 2011 | $57,531 | $70,495 | $76,901 |
| 2010 | $58,809 | $71,298 | $84,479 |
| 2009 | $59,988 | $70,869 | $88,832 |
| 2007 | $62,717 | $73,621 | $93,778 |
| 2005 | $60,684 | $71,180 | $95,893 |
Hanover County Family Income
The ACS 1-year data shows the median family income for Hanover County was $104,036 in 2019. Compared to the median Virginia family income, Hanover County median family income is $10,539 higher. As with the median household income data, 2020 family income data for Hanover County will be released in September of 2021.
Real Median Family Income for Hanover County Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $80,944 | +4.06% | +6.92% |
| Virginia | $93,497 | +3.26% | +5.35% |
| Hanover County | $104,036 | -5.86% | -4.19% |
Trends in Hanover County, VA Real Median Family Income since 2005
The current median family income for Hanover is $104,036. Real median family income peaked in 2018 at $110,512 and is now $6,476 (5.86%) lower.
Real Median Family Income: Hanover County, Virginia, National
Historical Inflation Adjusted Median Family Income for Hanover County
| Date | US | Virginia | Hanover County |
|---|---|---|---|
| 2019 | $80,944 | $93,497 | $104,036 |
| 2018 | $77,786 | $90,541 | $110,512 |
| 2017 | $77,064 | $89,983 | $103,554 |
| 2016 | $75,707 | $88,751 | $108,585 |
| 2015 | $73,660 | $86,764 | $98,706 |
| 2014 | $71,246 | $84,628 | $104,578 |
| 2013 | $70,386 | $83,021 | $99,225 |
| 2012 | $69,752 | $83,092 | $94,699 |
| 2011 | $70,009 | $84,870 | $94,107 |
| 2010 | $71,221 | $85,166 | $96,395 |
| 2009 | $72,962 | $85,131 | $105,496 |
| 2007 | $75,612 | $87,628 | $105,992 |
| 2005 | $73,269 | $85,528 | $108,288 |
Hanover County Per Capita Income
The ACS 1-year survey shows the per capita income for Hanover County was $41,578 in 2019. Compared to the median Virginia per capita income, Hanover County median per capita income is $943 higher. As with the median household and median family income numbers above, 2020 per capita income data for Hanover County will be released in September of 2021.
Real Per Capita Income for Hanover County Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $35,672 | +3.57% | +7.57% |
| Virginia | $40,635 | +2.60% | +5.35% |
| Hanover County | $41,578 | -0.43% | +2.43% |
Trends in Hanover County, VA Real Per Capita Income since 2005
The current per capita income for Hanover is $41,578. Real per capita income peaked in 2008 at $43,309 and is now $1,731 (4.00%) lower. From a post peak low of $34,753 in 2011, real per capita income for Hanover has now grown by $6,825 (19.64%).
Real Per Capita Income: Hanover County, Virginia, National
Historical Real Per Capita Income for Hanover County
| Date | US | Virginia | Hanover County |
|---|---|---|---|
| 2019 | $35,672 | $40,635 | $41,578 |
| 2018 | $34,444 | $39,605 | $41,756 |
| 2017 | $33,788 | $39,050 | $40,757 |
| 2016 | $33,163 | $38,573 | $40,590 |
| 2015 | $32,351 | $37,531 | $40,918 |
| 2014 | $31,228 | $36,809 | $39,273 |
| 2013 | $30,982 | $36,435 | $36,586 |
| 2012 | $30,476 | $36,274 | $35,228 |
| 2011 | $30,425 | $36,594 | $34,753 |
| 2010 | $30,622 | $36,796 | $37,922 |
| 2009 | $31,545 | $37,244 | $39,469 |
| 2007 | $32,987 | $38,536 | $40,192 |
| 2005 | $32,854 | $38,251 | $40,516 |
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