Pros and Cons of Living in Hanover

Hanover's honest tradeoff is real, genuine Ivy League institutional access and top-tier schools, set against a real, disclosed genuinely expensive housing market and above-NH-statewide property tax rate.

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Real advantages

Hanover offers real, genuine Dartmouth College access, a real, cited 97% graduation rate, genuinely low crime (~74% below the national average), and a walkable downtown core.

Real tradeoffs

Hanover's housing costs run genuinely, substantially above national and NH norms ($835,000-$1.0 million), and its effective property tax rate (~1.93%) runs above both the national and NH statewide medians.

The net read

For academics, healthcare professionals, and high earners with substantial purchasing power, the advantages are real. For those seeking New Hampshire's affordability draw specifically, Hanover is genuinely one of the state's most expensive markets.

Key takeaways

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Read the full Hanover overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.