All Countries
Hancock, MI
Full City Profile · Michigan · Keweenaw County County
3.6
/5.0
B+
Good
4,510
Population
1,622/sq mi density
$55,278
Median Income
$36,738 per capita
$185,700
Home Value
$210,738 Zillow
$740
Median Rent
34.5% income on rent
41°F
Avg Temperature
253 sunny days/yr
110
Violent Crime/100K
684 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$55,278 median income, 1.3% unemployment
A+
Affordability
4.8 / 5.0
$185,700 home value, $740/mo rent
F
Safety
1.0 / 5.0
110 violent crimes/100K
A+
Education
4.7 / 5.0
45.8% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
-1.1%
4,644 → 4,594
over 10 years
Annual Pop. Growth
-0.11%
Compound annual growth rate
Median Income Change
+98.3%
$27,873 → $55,278
nominal, not inflation-adjusted
Annual Income Growth
+7.09%
Compound annual growth rate
Population Over Time
Total population for Hancock across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
4,559
-35 from 2023 (4,594)
Projected Median Income 2030
$89,288
+$34,010 from 2023 ($55,278)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 4,644 | — | $27,873 | — |
| 2015 | 4,575 | -1.5% | $33,192 | +19.1% |
| 2017 | 4,578 | +0.1% | $35,063 | +5.6% |
| 2019 | 4,507 | -1.6% | $35,161 | +0.3% |
| 2021 | 4,498 | -0.2% | $43,514 | +23.8% |
| 2023 | 4,594 | +2.1% | $55,278 | +27% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.