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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
Housing Overview
Median Home Value
$79,600
72% below
US avg: $281,900
Median Rent
$738/mo
37% below
US avg: $1,163/mo
Homeownership Rate
87.6%
34% above US avg (65.4%)
Total Housing Units
313
Median year built: 1957
Home Value by Source
Census Median
$79,600
Zillow (ZHVI)
$201,498
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.6%
Owner-Occupied
12.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$738/mo
Affordability & Housing Stock
Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
87.6%
Complete Housing Data
Home Values
| Census Median Value | $79,600 |
| Zillow Home Value (ZHVI) | $201,498 |
Rent
| Census Median Rent | $738 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 87.6% |
| Renter-Occupied | 12.4% |
| Homeownership Rate | 87.6% |
| Total Housing Units | 313 |
| Median Year Built | 1957 |
| Rent Burden | 22.0% |