At a Glance
Median Income
$69,712
$31,177 per capita
Home Value
$79,600
Zillow: $204,083
Median Rent
$738/mo
22.0% of income on rent
Bachelor's Degree+
16.1%
93.9% high school+
Unemployment
3.5%
2.7% poverty rate
Obesity Rate
39.7%
15.4% 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?
B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
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 3.5% (3% 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 $204,083. 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.
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 42°F (6°C).
Winters average 10°F in January while summers reach 70°F in July. Annual precipitation totals 26.9 inches.
Data Overview
People
Population816
Median Age33.6 yrs
Density907/mi²
Male / Female51% / 49%
Foreign Born3.1%
Veterans2.4%
Economy
A
Median Income$69,712
Per Capita$31,177
Unemployment3.5%
Poverty2.7%
County GDP$816M
Avg Weekly Wage$1,218
Housing
A+
Home Value$79,600
Rent$738
Ownership87.6%
Zillow$204,083
Housing Units313
Rent Burden22.0%
Health
Obesity39.7%
Diabetes9.7%
Smoking15.4%
Heart Disease5.5%
Premature Death3,965/100K
Climate
Avg Temp42°F
Rain26.9 in/yr
Elevation1,152 ft
Education
C
Bachelor's+16.1%
High School+93.9%
Graduate+3.5%
School Score6.7/10
Community
2024 VoteR 63% / D 36%
Commute16 min
Broadband96.5%
Internet Speed169 Mbps
EV Stations5
Libraries2
Did You Know?
The median home in Hancock was built in 1957.
The nearest airport is Southwest Minnesota Regional Marshall/Ryan Field (72 miles).
The Gini coefficient (income inequality) is 0.482 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
8.5% of the population has a disability.
Average internet download speed is 169 Mbps.
The county recorded 1 fatal vehicle crashes.