The town of Hanover, Indiana is a charming rural community located in 47243 zip code. With a population of 1,822, it is a great place to enjoy all the benefits of small-town living while still having access to modern conveniences. Two bedroom rent in this area is $1,050, which is much lower than the US average of $1,430. Additionally, grocery cost index here is 94 compared to 100 in the US signifying that essential items are more affordable here.
Hanover has numerous local businesses that make it an attractive place for its residents. Businesses like Urban Bricks Pizza Co., Wings & More, and Mi Tierra Mexican Restaurant provide delicious eateries for people who wish to dine out with friends and family. For those wanting to shop locally, stores such as Hoosier Outdoors and Southern Grace Boutique offer unique goods from apparel to outdoor equipment supplies.
Hanover also offers plenty of recreational activities for both adults and children alike. The nearby Muscatatuck National Wildlife Refuge provides an array of bird watching opportunities while also offering trails for hiking along several riverside wetlands. The city is home to many parks that have playgrounds, tennis courts and even disc golf courses. There's something for everyone here in Hanover!
Hanover (zip 47243) has an unemployment rate of 4.3%. The US average is 6.0%.
Hanover (zip 47243) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Hanover (zip 47243)
- The Sales Tax Rate for Hanover (zip 47243) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hanover (zip 47243) is 3.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hanover (zip 47243)
- The average income of a Hanover (zip 47243) resident is $24,183 a year. The US average is $37,638 a year.
- The Median household income of a Hanover (zip 47243) resident is $54,000 a year. The US average is $69,021 a year.