March 29, 2017
Four Reasons Why You Should Consider Homes for Sale in Hanover, NH for your Next Move
Image 1: The Best College Town: Why You Should Buy Homes for Sale in Hanover
Consistently chosen as the top place to live in New Hampshire by several ranking sites, this small town located in Grafton County, along the Connecticut River, holds a certain kind of charm that is both enthralling and comforting to residents and new homebuyers. This is why, even though the town’s land area is only around 49 square miles, homes for sale in Hanover are still selling like hotcakes. Indeed, the town proved that, in ranking as the best place to live, size does not matter.
Young Population
Given its small land area, it should be no wonder that the town’s population is just under 11,000. However, what is surprising about their data is, the median age of its residents is only at 21.7 years old. Due to this and the number of fantastic amenities available to its young population, the New England’s online publication, Yankee, proclaims Hanover as the ‘best college town’ in the country.
High Median Household Income, Low Unemployment Rate
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There’s no better combo to look for in a town that offers one of the highest annual median household income at $88,164 (or approximately 43% higher than national average) and only a 2.30% unemployment rate with 0.28% positive job growth.
Industries such as Education, Training, Library Management, and Administrative services offer the highest number of job openings. However, residents who are working as either health practitioners or legal and management staff enjoy a significantly higher annual median earnings than any other employee with an annual salary ranging between $100,000 and $160,000.
Short Commute Time
The average commute time in Hanover is only 14 minutes. Compare that to the national average of 26 minutes, and you can easily imagine what life without traffic is like. The pleasant commuting experience in Hanover benefits both students and the working force, making all residents happy travelers. Even Hanover employees who are non-residents benefit from this fast commute time as only 0.52% of them have ever experienced getting stuck in traffic, resulting in an excess travel time to 90 minutes.
Low Crime Rate
Being a small-populated area does have its perks as Hanover enjoys a crime rate approximately 44.62% lower than the national average. According to statistics, you only have 1 out of 87 chances of becoming a victim of a crime. Furthermore, it was also stated that, unlike other towns, Hanover’s total crimes committed every year had been slowly decreasing by 31% this past decade. All of these data only proves that Hanover is one of the few safe places in the country to live in.
Aside from these clear advantages, Hanover is also home to one of the most prestigious Ivy League research universities in the country, Dartmouth. The town also houses the state-of-the-art U.S. Army Corps of Engineers Cold Regions Research and Engineering Laboratory.
If the chance for a quality education, high-paying jobs, and low crime rate are not enough to convince you to move, remember that the Appalachian Trail crosses this small town so if you are into nature tripping or hiking, then Hanover might be the perfect place for you.
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About Housing Solutions Real Estate, LLC:
Striking a bargain with a home seller is never easy. Fortunately, we at Housing Solutions Real Estate, are experienced in handling these kinds of situations fairly easy. Being an exclusive buyer’s agent, our only goal is to allow you to purchase your dream home for the best price possible without a lot of hassle.
Sources:
Crime Statistics for Hanover, NH, HomeFacts.com
Town on Hanover, NH, HanoverNH.org
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