Hanover vs Montrose

A side-by-side comparison of Hanover and Montrose: population, income, housing, and more.

Hanover and Montrose are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Montrose has the higher population (3,840 vs 3,495 in Hanover). Hanover has the higher median household income ($147,944 vs $98,832 in Montrose). Hanover has the higher median home value ($421,700 vs $260,100 in Montrose).

Population, income & housing

	Hanover	Montrose
Population	3,495	3,840
Median age	37.6 yrs	34.7 yrs
Median household income	$147,944	$98,832
Median home value	$421,700	$260,100
Median gross rent	$1,806	$1,313
Housing units	1,197	1,503
Homeownership rate	91.9%	77.3%
Bachelor's degree or higher	47.8%	27.5%
Unemployment rate	1.2%	3.3%

Trends (ACS 5-year, 2019–2023)

	Hanover	Montrose
Population	3,298 → 3,495 (+6.0%)	3,182 → 3,840 (+20.7%)
Median household income	$104,688 → $147,944 (+41.3%)	$72,875 → $98,832 (+35.6%)
Median home value	$297,800 → $421,700 (+41.6%)	$176,200 → $260,100 (+47.6%)
Median gross rent	$589 → $1,806 (+206.6%)	$1,002 → $1,313 (+31.0%)

Hanover

Population

3,2983,495

Median household income

$104,688$147,944

Median home value

$297,800$421,700

Median gross rent

$589$1,806

Montrose

Population

3,1823,840

Median household income

$72,875$98,832

Median home value

$176,200$260,100

Median gross rent

$1,002$1,313

Age & race/ethnicity

Age distribution (share)

	Hanover	Montrose
Under 5	7.8%	10.2%
5 to 17	24.3%	20.6%
18 to 24	5.8%	5.8%
25 to 34	7.0%	13.6%
35 to 44	18.2%	17.4%
45 to 54	16.1%	14.4%
55 to 64	12.0%	10.5%
65 to 74	5.8%	3.3%
75 and over	3.0%	4.2%

Race & ethnicity (share)

	Hanover	Montrose
White (non-Hispanic)	90.8%	87.2%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	1.3%	0.9%
Asian	2.6%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.8%	0.0%
Two or more races	3.7%	8.8%
Hispanic or Latino	0.7%	3.1%

Educational attainment (age 25+)

Share of adults 25+

	Hanover	Montrose
No high school diploma	0.5%	11.0%
High school graduate	18.7%	25.4%
Some college or associate's	33.0%	36.2%
Bachelor's degree	35.3%	22.4%
Graduate or professional degree	12.5%	5.1%

Commute to work

How workers get to work (share)

	Hanover	Montrose
Drove alone	73.5%	85.3%
Carpooled	1.8%	4.1%
Public transit	0.5%	0.8%
Walked	0.8%	0.1%
Bicycle	0.0%	0.0%
Worked from home	22.5%	8.9%
Other means	0.8%	0.7%

Housing

Units in structure (share)

	Hanover	Montrose
1-unit, detached	95.5%	73.7%
1-unit, attached	2.1%	8.8%
2 to 4 units	0.0%	0.0%
5 to 19 units	0.8%	12.8%
20 or more units	1.7%	0.7%
Mobile home & other	0.0%	4.0%

Poverty & households

	Hanover	Montrose
Poverty rate	2.2%	7.4%
Average household size	2.99	2.71
Mean commute (minutes)	31	33
Median year structure built	2003	2002