Hancock, MN
Full City Profile · Minnesota · Stevens County County
3.1
/5.0
B
Good
816
Population
907/sq mi density
$69,712
Median Income
$31,177 per capita
$79,600
Home Value
$201,498 Zillow
$738
Median Rent
22.0% income on rent
44°F
Avg Temperature
276 sunny days/yr
206
Violent Crime/100K
1,963 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$69,712 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$79,600 home value, $738/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher
Income Overview
Median Household Income
$69,712
7% below
US avg: $75,149
Per Capita Income
$31,177
20% below
US avg: $39,052
Unemployment Rate
2.5%
31% below
US avg: 3.6%
Poverty Rate
2.7%
78% below
US avg: 12.4%
Income Comparison: Hancock vs. U.S. Average
Each bar shows Hancock’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$69,712
93%
Per Capita
US: $39,052
$31,177
80%
IRS Avg AGI
US: $72,000
$74,811
104%
Avg Weekly Wage
US: $1,432
$1,218
85%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,218
15% below US avg ($1,432)
Mean Commute Time
16 min
41% below US avg (28 min)
Work From Home
2.1%
86% below US avg (15.2%)
Drive Alone
82.1%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$816M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.1%
Public Transit
0%
Work From Home
2.1%
Other
15.8%
Average commute time
16 minutes
US avg: 28 min
Business Landscape
Total Establishments
390
Restaurants
27
Healthcare
41
Retail
50
Manufacturing
13
Tax & Financial
IRS Avg Adjusted Gross Income
$74,811
4% above US avg ($72,000)
Avg Property Tax
$3,455
1% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $69,712 |
| Per Capita Income | $31,177 |
| IRS Avg Adjusted Gross Income | $74,811 |
| Avg Weekly Wage | $1,218 |
| County GDP | $816M |
Hardship Indicators
| Unemployment Rate | 2.5% |
| Poverty Rate | 2.7% |
| Gini Coefficient | 0.482 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 16 minutes |
| Drive Alone | 82.1% |
| Public Transit | 0.0% |
| Work From Home | 2.1% |
Businesses
| Total Establishments | 390 |
| Restaurants | 27 |
| Healthcare | 41 |
| Retail | 50 |
| Manufacturing | 13 |
Tax
| IRS Avg AGI | $74,811 |
| Avg Property Tax | $3,455 |
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