Hancock, MI

Hancock, MI

At a Glance

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)

Is Hancock a Good Place to Live?

Economy & Jobs

Hancock residents earn a median household income of $55,278 , which is 26% below the national average of $75,149. Per capita income is $36,738. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 5.3% of residents live below the poverty line. The area is home to 85 business establishments, including 19 restaurants.

Housing & Cost of Living

The median home value in Hancock is $185,700 , 34% below the national median of $281,900. Zillow estimates the typical home at $210,738. Median rent is $740/month, with 34.5% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1956.

Safety & Crime

Hancock reports 110 violent crimes per 100,000 residents , which is 71% below the national average of 380/100K. Property crime is 684/100K. The murder rate is 0.0/100K.

Education

45.8% of adults in Hancock hold a bachelor's degree or higher (36% above the national average). 95.6% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Hancock has an average annual temperature of 41°F (5°C). Winters average 16°F in January while summers reach 65°F in July. The area gets 253 sunny days per year. Air quality is rated Good with a median AQI of 38.

Data Overview

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