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Insurance agencies in Hanover County, VA

How Hanover County, VA compares with other counties and the U.S. for insurance agencies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 66 out of 100: Upper middle

Ranked #596 of 2,272 scored counties
#59 of 97 scored counties in Virginia

Listings
75
15 chain locations (20%)
Official establishments
49
−5.8% since 2019
Household spending a year
$129.3M
On vehicle insurance · $3,030 a household
Spending per listing
$1.7M
37% above the U.S.
Listings per 10k households
17.6
13% above the U.S.
Population, 2025
116,423
+5.6% since 2020

See the insurance agencies around any address in Hanover County

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Hanover County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 75 insurance agencies in Hanover County. Of those, 15 are chain locations, or 20%, against 21% across the U.S. That is 17.6 per 10,000 households, 13% above the U.S. rate of 15.6.

Households in Hanover County spend about $129.3M a year on vehicle insurance, or $3,030 per household, 55% above the U.S. average. That works out to $1.7M per agency, 37% above the U.S. figure of $1.3M.

Official counts show 49 businesses with payroll classed as insurance agencies and brokerages in Hanover County in 2023, down 5.8% from 2019. That is one for every 871 households, against one for every 966 across the U.S.

Between 2020 and 2025, the population of Hanover County grew 5.6%, faster than the U.S. (+3.1%). The Groundwork market score for insurance agencies in Hanover County is 66 (upper middle), #596 of 2,272 scored counties and #59 of 97 scored counties in Virginia.

How Hanover County compares

The same measures for Virginia and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Hanover County, VA compared with Virginia and the U.S.
MeasureHanover CountyVirginiaU.S.
Listings per 10k households17.612.515.6
Spending per listing$1.7M$2M$1.3M
Households per official establishment8711,234966
Official establishment growth, 2019–2023−5.8%−7.4%−1.0%
Population growth, 2020–2025+5.6%+2.8%+3.1%
Spending per household on vehicle insurance$3,030$2,545$1,957
Median household income$112,805$93,170$80,734
Groundwork market score6683

Official counts and lending

Businesses

Official establishments, 2019 to 2023
52 → 49−5.8% over the period
Employees, 2023
225
Annual payroll, 2023
$14.4M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
7515 chain locations
Listings at the U.S. rate for this spending
103The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as insurance agencies and brokerages in Hanover County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Hanover County

Population, 2025 estimate
116,423+5.6% since 2020
Households
42,688
Median age
43.4
Homes lived in by their owners
82%
Vehicles per household
2.3
Land area
468 sq. mi.
People per square mile
241
Median household income
$112,805+26.2% vs. 2015–2019, before inflation
Average household income
$139,805
Median home value
$400,400
Jobs located here
61,897
Daytime population
116,596Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Hanover County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of Hanover County. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Virginia

Every Virginia market ranked →

The highest-scoring counties in Virginia for insurance agencies, numbered among those based in Virginia, with Hanover County marked.

Top counties in Virginia

Counties in Virginia ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Louisa County, VA98106.4$5M+13.6%#1 of 2,272
2Stafford County, VA97265.0$6.1M+8.3%#3 of 2,272
3King William County, VA9768.2$3.9M+9.5%#5 of 2,272
4King George County, VA9698.9$3.4M+10.5%#10 of 2,272
5Rockingham County, VA95164.9$6.2M+6.6%#13 of 2,272
6Frederick County, VA95226.2$4.7M+8.8%#15 of 2,272
7Orange County, VA95117.4$4M+10.1%#17 of 2,272
8Spotsylvania County, VA95448.4$3.6M+10.5%#19 of 2,272
9Dinwiddie County, VA9465.6$5.8M+3.6%#22 of 2,272
10Caroline County, VA9475.8$5.3M+11.3%#23 of 2,272
59Hanover County, VA667517.6$1.7M+5.6%#596 of 2,272

Other business types in Hanover County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in Hanover County, VA?

Hanover County has 75 insurance agencies on map listings as of September 2026. 15 of them (20%) are chain locations. The listings count insurance agencies. Official counts show 49 businesses with payroll classed as insurance agencies and brokerages in 2023, down 5.8% from 2019.

How much do households in Hanover County, VA spend on vehicle insurance?

About $129.3M a year, or $3,030 per household. That is 55% above the U.S. average (an index of 155, where 100 is the U.S. average). Spread across the 75 insurance agencies on map listings, it comes to $1.7M per agency. It is estimated from the incomes of the 42,688 households in Hanover County and national spending patterns by income.

How does Hanover County, VA compare with the U.S. for insurance agencies?

Hanover County has 17.6 insurance agencies per 10,000 households, 13% above the U.S. rate of 15.6. Spending per agency is $1.7M, 37% above the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, Hanover County would have about 103, against 75 on map listings. There is one business with payroll in the industry for every 871 households, against one for every 966 across the U.S. The official count fell 5.8% from 2019 to 2023, against −1.0% for the U.S.

How fast is Hanover County, VA growing?

Population estimates put Hanover County at 116,423 people in 2025, up 5.6% since 2020, faster than the U.S. (+3.1%). It has 42,688 households. The median household income in Hanover County is $112,805 a year, 40% above the U.S. median of $80,734. That rose 26.2% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Hanover County scores 66 for insurance agencies (upper middle), #596 of 2,272 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Hanover County. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in Hanover County

Screening a site or an acquisition in Hanover County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Hanover County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.