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Hancock, MN
Full City Profile · Minnesota · Stevens County County
Hancock, MN
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 $69,712 , which is 7% below the national average of $75,149. Per capita income is $31,177. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 390 business establishments, including 27 restaurants.
Housing & Cost of Living
The median home value in Hancock is $79,600 , 72% below the national median of $281,900. Zillow estimates the typical home at $201,498. Median rent is $738/month, with 22.0% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1957.
Safety & Crime
Hancock reports 206 violent crimes per 100,000 residents , which is 46% below the national average of 380/100K. Property crime is 1,963/100K.
Education
16.1% of adults in Hancock hold a bachelor's degree or higher (52% below the national average). 93.9% have completed high school. Local schools score 6.7/10 in standardized testing.
Climate & Weather
Hancock has an average annual temperature of 44°F (7°C). Winters average 11°F in January while summers reach 72°F in July. The area gets 276 sunny days per year. Annual precipitation totals 28.1 inches. Air quality is rated Good with a median AQI of 36.