Median Income
$69,712
7% lower than US avg
Home Value
$79,600
72% lower than US avg
Bachelor's+
16.1%
52% lower than US avg
Median Rent
$738
37% lower than US avg
Obesity Rate
39.7%
24% higher than US avg
Unemployment
3.5%
3% lower than US avg
Poverty Rate
2.7%
78% lower than US avg
How Hancock Compares to the U.S. Average (100% = U.S. avg)
People
Population816
Median Age33.6 yrs
Density907/mi²
Male / Female51% / 49%
Largest GroupWhite 91%
Veterans2.4%
Economy
A
Median Income$69,712
Per Capita$31,177
Unemployment3.5%
Poverty2.7%
County GDP$816M
Commute16 min
Housing
A+
Home Value$79,600
Rent$738
Ownership87.6%
Zillow$204,083
Housing Units313
Rent Burden22.0%
Health
Obesity39.7%
Uninsured8.9%
Smoking15.4%
Depression24.4%
Heart Disease5.5%
Climate
Avg Temp42°F (6°C)
Rain26.9 in/yr
Elevation1,152 ft (351 m)
Education
C
Bachelor's+16.1%
High School+93.9%
Graduate+3.5%
School Score6.66
Community
2024 VoteR 63% / D 36%
Commute16 min
Broadband96.5%
EV Stations5
Libraries2
Is Hancock a Good Place to Live?
Based on current data, Hancock receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, strong internet connectivity. Areas to be aware of include high obesity rates. Hancock offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Hancock is $69,712, roughly in line with the national average of $75,149. Unemployment stands at 3.5%, indicating a healthy job market. Only 2.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 16 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Hancock is $79,600, 72% below the national median / offering relatively affordable homeownership. Renters pay a median of $738 per month, below the national average / a plus for affordability. At just 1.1x median income, home prices are very affordable relative to local earnings.
Education
16.1% of residents hold a bachelor's degree, below the national average of 33.7%. 93.9% have completed high school. Local schools score 6.7/10 in standardized testing, reflecting strong academic performance.
Climate & Weather
Hancock has a cool climate with an average annual temperature of 42°F. Winters average 10°F in January while summers reach 70°F in July. Annual precipitation totals 26.9 inches, including 44.6 inches of snow.
Hancock has a population of 816 with a density of 907 people per square mile, spread across 0.9 square miles. The median age is 33.6 years, 14% younger than the national median of 38.9. The gender split is 48.8% female and 51.2% male. The city is predominantly White (90.7%), with 7.5% Hispanic. English is the primary language spoken at home by 94.7% of residents, while 6.5% speak Spanish. 2.4% of the population are veterans, below the national rate of 6.0%. 8.5% of residents have a disability (below the 13.0% national average). 91.1% have health insurance coverage.
Population
816
Total Population
2023 Census
33.6yrs
Median Age
14% below US avg
Language Spoken at Home
English Only
94.7%
21% above US avg
Spanish
6.5%
51% below US avg
The median household income in Hancock is $69,712, which is 7% below the national average of $75,149. Per capita income is $31,177 (below the $39,052 national figure). The average weekly wage is $1,218, 15% lower than the U.S. average. The unemployment rate is 3.5% (below the 3.6% US average). 2.7% of residents live below the poverty line, lower than the national rate of 12.4%. The area has 390 business establishments, including 27 restaurants. The cost of living index is 98.6, roughly in line with the national average. Workers commute an average of 16 minutes (shorter than the 28-minute US average). 2.1% of workers work from home (below the 15.2% national rate).
Income
| Median HH Income | $69,712 |
| 7% below US avg |
| Per Capita Income | $31,177 |
| Avg Weekly Wage | $1,218 |
| IRS Avg AGI | $74,811 |
| Gini Index | 0.482 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 3.5% |
| 3% below US avg |
| Poverty Rate | 2.7% |
| 78% below US avg |
| Establishments (County) | 390 |
| County GDP | $816M |
Business (County)
| Restaurants | 27 |
| Healthcare | 41 |
| Retail | 50 |
| Manufacturing | 13 |
Tax & Cost of Living
| Property Tax (IRS) | $3,455 |
| 1% below US avg |
| Cost of Living | 98.60 (100=avg) |
| Effective Tax Rate | 4.34% |
Commute & Transportation
| Commute Time | 16.3 min |
| Drive Alone | 82.1% |
| Public Transit | 0.0% |
| Work from Home | 2.1% |
The median home value in Hancock is $79,600, 72% below the national median of $281,900. Zillow estimates the typical home value at $204,083, higher than the Census estimate. Monthly rent averages $738 (37% below the national average of $1,163). Fair market rent ranges from $899 for a one-bedroom to $1,125 for a two-bedroom apartment. 87.6% of housing units are owner-occupied (above the 65.4% national rate). There are 313 total housing units in the city. The median year a home was built is 1957. The average annual property tax is $3,455. 22.0% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 1.1x, well within the affordable range.
Home Values
| Census Median | $79,600 |
| 72% below US avg |
| Zillow ZHVI | $204,083 |
Rental Costs
| Census Median Rent | $738 |
| 37% below US avg |
| Rent Burden | 22.0% |
HUD Fair Market Rent
| Studio | $809 |
| 1 Bedroom | $899 |
| 2 Bedrooms | $1,125 |
| 3 Bedrooms | $1,483 |
| 4 Bedrooms | $1,698 |
Ownership & Property
| Homeownership | 87.6% |
| Owner-Occupied | 87.6% |
| Renter-Occupied | 12.4% |
| Housing Units | 313 |
| Median Year Built | 1957 |
Property Tax
| Avg Tax (IRS) | $3,455 |
| 1% below US avg |
| Effective Rate | 4.34% |
In Hancock, 39.7% of adults are obese, above the national rate of 32.1%. 9.7% have diabetes. Heart disease affects 5.5% of residents. 28.4% have high blood pressure. 15.4% are current smokers. 20.6% report binge drinking. 26.1% are physically inactive. 24.4% report depression (above the 20.0% national average). 16.5% experience frequent mental distress. 8.9% of residents lack health insurance. The primary care physician ratio is 1:1,617. The dentist ratio is 1:1,071. 70.7% of residents have access to exercise opportunities. The food environment index is 9.0 out of 10.
Health Metrics: Hancock vs U.S. Average (%)
Chronic Conditions
| Obesity | 39.7% |
| 24% above US avg |
| Diabetes | 9.7% |
| Heart Disease | 5.5% |
| High Blood Pressure | 28.4% |
| Asthma | 9.9% |
| COPD | 5.5% |
| Cancer | 7.2% |
| Stroke | 2.9% |
Behaviors & Mental Health
| Smoking | 15.4% |
| 10% above US avg |
| Binge Drinking | 20.6% |
| Physical Inactivity | 26.1% |
| Depression | 24.4% |
| Mental Distress | 16.5% |
| Physical Distress | 12.1% |
| Short Sleep | 31.6% |
Healthcare Access
| Insurance Rate | 91.1% |
| Uninsured | 8.9% |
| 3% above US avg |
| Primary Care | 1:1,617 |
| Dentists | 1:1,071 |
| Mental Health | 1:540 |
| Checkup Rate | 70.9% |
| Dental Visits | 61.7% |
| Premature Death | 3,965/100K |
Food & Exercise
| Food Environment | 9.0/10 |
| Exercise Access | 70.7% |
| Healthcare Facilities | 41 |
Hancock has a cool climate with an average annual temperature of 42°F (6°C). Winters average 10°F in January while summers reach 70°F in July. Annual precipitation totals 26.9 inches (drier than the 38-inch national average). The area receives 44.6 inches of snow annually, making winter weather a significant factor for residents. The city sits at an elevation of 1,152 feet.
Temperature
10°F Jan (-12°C)
70°F Jul (21°C)
| Annual Average | 42.2°F |
| 22% below US avg |
| January Average | 10°F (-12°C) |
| July Average | 70°F (21°C) |
Geography
| Elevation | 1,152 ft (351 m) |
| Area | 0.9 sq mi (2.3 km²) |
| Population Density | 907/sq mi |
| Coordinates | 45.4976°N, 95.7948°W |
| Timezone | America/Chicago |
| County | Stevens County County |
| Nearest Airport | Southwest Minnesota Regional Marshall/Ryan Field (MML)
72 miles away |
Precipitation & Snow
Annual Rainfall
26.9"
29% below US avg
Wettest Month (Jun)
4.38"
Natural Hazard Risk
| Overall Risk | Very Low |
| Risk Score | 7.0 / 100 |
| Social Vulnerability | 10.6 / 100 |
| Community Resilience | 94.5 / 100 |
Hazard Breakdown
| Tornado |
Very Low |
| Earthquake |
Very Low |
| Wildfire |
Very Low |
| Flood |
Very Low |
| Hail |
Relatively Low |
| Strong Wind |
Relatively Low |
| Heat Wave |
Very Low |
| Winter Weather |
Relatively Moderate |
| Lightning |
Very Low |
| Ice Storm |
Very Low |
| Drought |
Very Low |
| Cold Wave |
Relatively Low |
| Landslide |
Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
4 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M4.1. Most recent: M2.5 on Apr 29, 2011.
| Jun 5, 1993 |
11 km N of Johnson, Minnesota |
M4.1 |
43 km |
| Oct 20, 1995 |
8 km SSE of New Effington, South Dakota |
M3.7 |
89 km |
| Feb 9, 1994 |
6 km NNE of Blomkest, Minnesota |
M3.1 |
83 km |
| Apr 29, 2011 |
Minnesota |
M2.5 |
58 km |
Source: USGS (M2.5+, 1990-2025)
Tornado History
436 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 6 fatalities, 141 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Jul 8, 2020 |
EF4 |
67 km |
1 |
| Aug 7, 2010 |
EF4 |
94 km |
0 |
| Jun 17, 2010 |
EF4 |
71 km |
1 |
| Jul 25, 2000 |
EF4 |
67 km |
1 |
| Jul 11, 2008 |
EF3 |
70 km |
0 |
| Jun 13, 2001 |
EF3 |
83 km |
0 |
| May 17, 1996 |
EF3 |
71 km |
0 |
| Jun 16, 1992 |
EF3 |
80 km |
0 |
| Jun 16, 1992 |
EF3 |
80 km |
0 |
| May 10, 1982 |
EF3 |
78 km |
0 |
| Jun 18, 1964 |
EF3 |
29 km |
0 |
| May 5, 1964 |
EF3 |
88 km |
0 |
| May 5, 1964 |
EF3 |
80 km |
0 |
| May 30, 2022 |
EF2 |
45 km |
0 |
| May 30, 2022 |
EF2 |
57 km |
0 |
| May 30, 2022 |
EF2 |
40 km |
0 |
| May 12, 2022 |
EF2 |
96 km |
0 |
| May 12, 2022 |
EF2 |
79 km |
0 |
| Aug 14, 2020 |
EF2 |
51 km |
0 |
| Jul 8, 2020 |
EF2 |
91 km |
0 |
Source: NOAA SPC (EF0+, 1950-2024)
Wildfire History
20 wildfires (100+ acres) within 100 km.
Largest: LOUISBURGRADE (6,487 ac, 2004).
| Year |
Name |
Acres |
Distance |
| 2004 |
LOUISBURGRADE |
6,487 |
46 km |
| 2024 |
DORAN WMA |
2,455 |
81 km |
| 2003 |
CHIPPEWA PRAIRIE |
2,067 |
43 km |
| 2004 |
FISH FIRE |
1,799 |
51 km |
| 2005 |
GRAND MEWS |
1,245 |
52 km |
| 1998 |
LEE |
1,137 |
54 km |
| 1995 |
UNNAMED |
1,115 |
53 km |
| 2003 |
ANDERSON |
1,082 |
51 km |
| 1998 |
ANDREASEN |
1,001 |
50 km |
| 1990 |
ANDERSON |
988 |
52 km |
| 2007 |
ANDERSON |
797 |
51 km |
| 2006 |
ANDERSON |
764 |
52 km |
| 1986 |
ANDERSON |
746 |
51 km |
| 2000 |
FISH |
720 |
51 km |
| 2010 |
WALDEN |
717 |
8 km |
| 2007 |
LEE |
689 |
55 km |
| 2000 |
SVOR |
661 |
29 km |
| 2006 |
MOSQUITO RANCH |
656 |
74 km |
| 2000 |
ASHLEY N |
588 |
57 km |
| 2024 |
AGASSIZ BEACHLINE RX |
564 |
95 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
10°F (-12°C) |
0.7 in |
Coldest, Driest |
| February |
14°F (-10°C) |
0.7 in |
|
| March |
27°F (-3°C) |
1.2 in |
|
| April |
42°F (6°C) |
2.2 in |
|
| May |
56°F (14°C) |
3.1 in |
|
| June |
67°F (19°C) |
4.4 in |
Wettest |
| July |
70°F (21°C) |
4.3 in |
Warmest |
| August |
68°F (20°C) |
3.5 in |
|
| September |
60°F (16°C) |
2.7 in |
|
| October |
46°F (8°C) |
2.4 in |
|
| November |
30°F (-1°C) |
1.0 in |
|
| December |
17°F (-9°C) |
0.8 in |
|
Hancock has a seasonal temperature swing of 61°F / from 10°F in January to 70°F in July. Total annual precipitation is 27.0 inches, with June being the wettest month (4.4") and January the driest (0.7").
Average costs for common services in Hancock. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$247 ($148-$394) |
| Specialist Visit |
$345 ($197-$542) |
| Urgent Care Visit |
$197 ($99-$345) |
| Emergency Room Visit |
$2,169 ($789-$4,930) |
| Dental Cleaning |
$128 ($74-$197) |
| Dental Filling |
$247 ($148-$394) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$44 ($25-$74) |
| Oil Change (Synthetic) |
$74 ($49-$118) |
| Brake Pad Replacement |
$296 ($148-$493) |
| Tire Rotation |
$39 ($20-$74) |
| New Tires (Set of 4) |
$592 ($394-$986) |
| Battery Replacement |
$197 ($99-$345) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$99 ($59-$148) |
| Electrician (Per Hour) |
$89 ($49-$138) |
| HVAC Repair |
$394 ($148-$789) |
| HVAC System Install |
$6,902 ($3,944-$11,832) |
| Roof Repair |
$986 ($394-$1,972) |
| Roof Replacement |
$8,874 ($5,423-$14,790) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,479 ($493-$3,451) |
| Divorce (Contested) |
$14,790 ($4,930-$29,580) |
| DUI Defense |
$4,930 ($1,972-$9,860) |
| Bankruptcy (Chapter 7) |
$1,479 ($789-$2,958) |
| Will Preparation |
$493 ($197-$986) |
| Trust Preparation |
$2,465 ($986-$4,930) |
View all 12 services
Personal Care
| Men's Haircut |
$25 ($15-$44) |
| Women's Haircut |
$54 ($30-$99) |
| Hair Coloring (Full) |
$148 ($74-$247) |
| Manicure |
$25 ($15-$44) |
| Pedicure |
$39 ($25-$64) |
| Massage (1 Hour) |
$79 ($49-$128) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$4.04 ($2.96-$5.42) |
| Dozen Eggs (per dozen) |
$3.45 ($2.47-$4.93) |
| Loaf of Bread |
$3.75 ($2.47-$5.42) |
| Chicken Breast (per lb) |
$4.44 ($2.96-$6.41) |
| Ground Beef (per lb) |
$5.42 ($3.94-$7.40) |
| Rice (per lb) |
$0.99 ($0.59-$1.77) |
View all 20 services
Utilities
| Electricity (Monthly) |
$138 ($79-$247) |
| Natural Gas (Monthly) |
$69 ($30-$148) |
| Water/Sewer (Monthly) |
$69 ($39-$118) |
| Internet (Monthly) |
$69 ($39-$99) |
| Cell Phone Plan (Monthly) |
$64 ($30-$99) |
| Cable TV (Monthly) |
$84 ($49-$148) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$197 ($74-$493) |
| Car Insurance (Annual) |
$1,972 ($1,183-$3,451) |
| Bus Pass (Monthly) |
$69 ($30-$128) |
| Taxi/Uber (5-Mile Ride) |
$15 ($7.89-$25) |
| Car Registration (Annual) |
$99 ($30-$247) |
| Driver's License Renewal |
$30 ($15-$74) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,183 ($592-$2,465) |
| Daycare (Toddler, Monthly) |
$986 ($493-$1,972) |
| After-School Care (Monthly) |
$394 ($197-$690) |
| Tutoring (Per Hour) |
$49 ($25-$99) |
| SAT/ACT Prep Course |
$986 ($394-$2,465) |
| Private School (K-12, Annual) |
$12,325 ($4,930-$29,580) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$59 ($30-$99) |
| Dog Vaccination (Annual) |
$99 ($49-$197) |
| Dog Grooming |
$59 ($30-$99) |
| Pet Boarding (Per Night) |
$39 ($20-$74) |
| Dog Spay/Neuter |
$296 ($148-$493) |
| Cat Spay/Neuter |
$197 ($99-$394) |
View all 9 services
Childcare
| Center-Based (monthly) |
| Infant | $758 |
| Toddler | $697 |
| Preschool | $637 |
| Family Childcare (monthly) |
| Infant | $642 |
| Toddler | $592 |
| Preschool | $592 |
Source: DOL Women's Bureau (2022)
Frequently Asked Questions About Hancock
What is the population of Hancock?
Hancock has a population of 816 residents and is located in Minnesota. The population density is 907 people per square mile, spread across 0.9 square miles. The median age of residents is 33.6 years, which is younger than the national median of 38.9 years. The population is 48.8% female and 51.2% male.
Is Hancock expensive to live in?
Hancock has a cost of living roughly in line with the national average, with an index of 98.6 (baseline: 100). The median household income is $69,712, 7% below the national average of $75,149. The median home value is $79,600 (72% below the U.S. median). Renters pay a median of $738 per month, below the national average of $1,163. The home price-to-income ratio is 1.1x, indicating housing is reasonably affordable relative to local income levels.
What is the weather like in Hancock?
Hancock has a cool climate with an average annual temperature of 42°F (6°C). Winter temperatures average 10°F in January, while summers reach an average of 70°F in July. Annual rainfall totals 26.9 inches, with 44.6 inches of snow.
How is the job market in Hancock?
Hancock has a healthy job market with an unemployment rate of 3.5%, near the national average of 3.6%. The average weekly wage is $1,218. There are 390 business establishments in the area, including 27 restaurants and food service locations. The average commute time is 16 minutes, and 2.1% of workers work from home.
How much does housing cost in Hancock?
The median home value in Hancock is $79,600. Zillow estimates the typical home value at $204,083. For renters, the median monthly rent is $738. Fair market rent is $899 for a 1-bedroom and $1,125 for a 2-bedroom apartment. The homeownership rate is 87.6%. The average annual property tax is $3,455.
How are the schools in Hancock?
Schools in Hancock score 6.7 out of 10 on standardized testing, near the national average. 16.1% of adults in Hancock hold a bachelor's degree or higher, below the national average of 33.7%. 93.9% have completed high school. 3.5% hold a graduate or professional degree.
How healthy is Hancock?
The obesity rate in Hancock is 39.7% (above the national rate of 32.1%). 15.4% of adults are smokers. 26.1% are physically inactive. 24.4% of residents report depression. 8.9% lack health insurance. 70.7% of residents have access to exercise opportunities. The primary care physician ratio is 1:1,617.
What is transportation like in Hancock?
The average commute in Hancock is 16 minutes, shorter than the national average of 28 minutes. 82.1% of workers drive alone to work, and 2.1% work from home.
What are the demographics of Hancock?
The racial and ethnic makeup of Hancock is 90.7% White, 7.5% Hispanic or Latino. 94.7% of residents speak only English at home, while 6.5% speak Spanish. 2.4% of the population are military veterans. 8.5% of residents have a disability. 91.1% have health insurance coverage.