At a Glance
Median Income
$79,375
$35,431 per capita
Home Value
$98,300
Zillow: $229,265
Median Rent
$794/mo
27.5% of income on rent
Bachelor's Degree+
21.3%
98.1% high school+
Unemployment
2.3%
7.7% poverty rate
Obesity Rate
38.9%
17.8% smoking rate
How Hancock Compares to the U.S. Average
Each bar shows Hancock's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Hancock a Good Place to Live?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Hancock residents earn a median household income of $79,375 , which is 6% above the national average of $75,149.
Per capita income is $35,431. The unemployment rate stands at 2.3% (36% below the U.S. rate of 3.6%). 7.7% of residents live below the poverty line. The area is home to 2,746 business establishments, including 209 restaurants.
Housing & Cost of Living
The median home value in Hancock is $98,300 , 65% below the national median of $281,900.
Zillow estimates the typical home at $229,265. Median rent is $794/month, with 27.5% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1938.
Education
21.3% of adults in Hancock hold a bachelor's degree or higher
(37% below the national average).
98.1% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Hancock has an average annual temperature of 49°F (10°C).
Winters average 21°F in January while summers reach 74°F in July. Annual precipitation totals 36.4 inches.
Data Overview
People
Population232
Median Age47.0 yrs
Density322/mi²
Male / Female46% / 54%
Foreign Born0.0%
Veterans15.0%
Economy
A
Median Income$79,375
Per Capita$35,431
Unemployment2.3%
Poverty7.7%
County GDP$6,263M
Avg Weekly Wage$1,085
Housing
A+
Home Value$98,300
Rent$794
Ownership88.4%
Zillow$229,265
Housing Units109
Rent Burden27.5%
Health
Obesity38.9%
Diabetes9.4%
Smoking17.8%
Heart Disease5.6%
Premature Death9,293/100K
Climate
Avg Temp49°F
Rain36.4 in/yr
Elevation1,112 ft
Education
C+
Bachelor's+21.3%
High School+98.1%
Graduate+1.7%
School Score6.0/10
Community
2024 VoteR 59% / D 39%
Commute30 min
Broadband74.7%
Internet Speed88 Mbps
EV Stations1
Libraries5
Did You Know?
The median home in Hancock was built in 1938.
31.5% work from home.
The nearest airport is Eppley Airfield (28 miles).
The Gini coefficient (income inequality) is 0.430 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
12.1% of the population has a disability.
There are 209 restaurants in the area.
The county recorded 10 fatal vehicle crashes.
91 declared natural disasters on record.