HomePennsylvaniaYork CountyHanover borough
Hanover borough, Pennsylvania: commercial real estate data.
Hanover borough is a Census borough of 16,584 people across 3.70 square miles of land, in York County. Median household income is $61,293, 53.4 percent of occupied homes are owned, and the SBA record carries 76 7(a) approvals to borrowers here worth $26.9 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hanover
What Hanover is
- Census place typeborough
- Land area3.7 sq mi
- Water area0 sq mi
- Population per square mile of land4,487
- County holding the largest share of its areaYork County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover
How many people live in Hanover
- Population16,584
- Median age41.2
- Population under 183,424
- Share under 1820.6 percent
- Population 65 and over3,036
- Share 65 and over18.3 percent
- Households7,469
- Family households4,181
- Share of households that are families56.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover
Income and work in Hanover
- Median household income$61,293
- Per capita income$35,446
- Civilian labor force9,339
- Employed8,504
- Unemployed835 plus or minus 252
- Unemployment rate8.9 percent plus or minus 2.7
- Adults 25 and over11,726
- Adults 25 and over with a high school diploma or higher88.8 percent
- Adults 25 and over with a bachelor degree or higher15.9 percent
- Adults 25 and over with a graduate degree6.4 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover
Housing in Hanover
- Housing units8,029
- Occupied units7,469
- Vacant units560 plus or minus 224
- Vacancy rate7.0 percent plus or minus 2.8
- Owner occupied3,987
- Renter occupied3,482
- Ownership rate53.4 percent
- Median owner-occupied home value$212,800
- Median gross rent, monthly$1,137
- Annual rent as a share of median income22.3 percent
- Single family units5,489
- Share single family68.4 percent
- Units in buildings of two or more2,531
- Share in buildings of two or more31.5 percent
- Mobile homes9 plus or minus 14
- Median year structure built1956
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover
How Hanover gets to work
- Workers 16 and over who commute7,973
- Commuting under 15 minutes3,830
- Share commuting under 15 minutes48.0 percent
- Commuting 30 minutes or more2,647
- Share commuting 30 minutes or more33.2 percent
- Drove alone80.7 percent
- Carpooled8.5 percent plus or minus 2.6
- Public transport0.2 percent plus or minus 0.3
- Walked3.9 percent plus or minus 2.0
- Worked from home5.4 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hanover
SBA loans in Hanover (7(a))
- Approvals76
- Gross approval$26,945,100
- Average approval$354,541
- Median approval$130,000
- Ninetieth percentile approval$1,000,000
- Largest approval$4,400,000
- Jobs supported738
- Jobs per approval9.7
- Loans with a final outcome13
- Paid in full12
- Charged off1
- Charge-off rate over resolved loans7.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more11.8 percent
- Share to franchises11.8 percent
- Distinct lenders21
- Distinct industries by NAICS41
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hanover
SBA loans in Hanover (504)
- Approvals12
- Gross approval$11,300,000
- Average approval$941,667
- Median approval$650,000
- Largest approval$3,641,000
- Jobs supported306
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hanover
Flood risk in Hanover
- Listed NFIP communities6
- Of those, participating6
- Best Community Rating System classClass 8
- NFIP community number420608
- Currently effective map date06/20/24
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
York County, not Hanover
York County context, not Hanover figures
These are York County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hanover measurements.
- Establishments in York County8,840
- Employment at those establishments, York County176,202
- Covered employment, York County182,614
- Average annual pay, York County$62,427
- Average weekly wage, York County$1,201
- Housing units permitted, York County1,335
- Of those, single family, York County952
- County product, 2024, York County$28,433,485,000
- County product change over the prior year, York County4.1 percent
- Average income of an arriving household, York County$62,924
Every figure in this section is published for York County as a whole and is not a measurement of Hanover. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hanover questions, answered from the record.
How many people live in Hanover, Pennsylvania?
16,584, in 7,469 households. Hanover borough covers 3.70 square miles of land, which is 4,487 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hanover in?
York County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hanover?
$61,293. The median owner-occupied home is valued at $212,800. Median gross rent is $1,137 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hanover businesses?
76 7(a) approvals totalling $26.9 m, across 21 lenders, median approval $130,000, plus 12 504 approvals worth $11.3 m. These count approvals to borrowers whose address is in Hanover, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hanover borrowers get paid back?
Of the 13 loans that have reached a final outcome, 12 were paid in full and 1 charged off, a charge off rate of 7.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Hanover in the National Flood Insurance Program?
Yes. Hanover appears in the FEMA Community Status Book as community 420608, carrying Community Rating System class 8, which is a premium discount for exceeding the programme minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hanover figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for York County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hanover.
Is zoning published for Hanover?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.