Hancock, NY

Full City Profile · New York · Wayne County County

3.3 /5.0
B Good
876 Population 558/sq mi density
$50,547 Median Income $26,273 per capita
$145,300 Home Value $337,714 Zillow
$1,051 Median Rent 34.8% income on rent
48°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$50,547 median income, 13.6% unemployment
A+
Affordability
5.0 / 5.0
$145,300 home value, $1,051/mo rent
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher

Hancock, NY

At a Glance

Median Income
$50,547
33% below
$26,273 per capita
Home Value
$145,300
48% below
Zillow: $337,714
Median Rent
$1,051/mo
10% below
34.8% of income on rent
Bachelor's Degree+
18.8%
44% below
94.2% high school+
Unemployment
13.6%
278% above
13.4% poverty rate
Obesity Rate
32.8%
2% above
15.4% smoking rate
Avg Temperature
48°F

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)

Income
67%
Home Value
52%
Rent
90%
Poverty
108%
Bachelor's
56%
Unemployment
378%
Thin vertical line = U.S. national average (100%)

Is Hancock a Good Place to Live?

B
3.3 / 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 $50,547 , which is 33% below the national average of $75,149. Per capita income is $26,273. The unemployment rate stands at 13.6% (278% above the U.S. rate of 3.6%). 13.4% of residents live below the poverty line. The area is home to 1,445 business establishments, including 164 restaurants.

Housing & Cost of Living

The median home value in Hancock is $145,300 , 48% below the national median of $281,900. Zillow estimates the typical home at $337,714. Median rent is $1,051/month, with 34.8% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1938.

Education

18.8% of adults in Hancock hold a bachelor's degree or higher (44% below the national average). 94.2% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Hancock has an average annual temperature of 48°F (9°C). Winters average 24°F in January while summers reach 71°F in July. Annual precipitation totals 46.0 inches. Air quality is rated Good with a median AQI of 33.

Data Overview

People

Population876
Median Age44.6 yrs
Density558/mi²
Male / Female50% / 50%
Foreign Born9.8%
Veterans6.7%

Economy

C
Median Income$50,547
Per Capita$26,273
Unemployment13.6%
Poverty13.4%
County GDP$2,652M
Avg Weekly Wage$1,017

Housing

A+
Home Value$145,300
Rent$1,051
Ownership56.6%
Zillow$337,714
Housing Units571
Rent Burden34.8%

Health

Obesity32.8%
Diabetes8.8%
Smoking15.4%
Heart Disease5.5%
Premature Death8,326/100K

Climate

Avg Temp48°F
Rain46.0 in/yr
AQI33 (Good)
Elevation908 ft

Education

C+
Bachelor's+18.8%
High School+94.2%
Graduate+6.1%
School Score5.4/10

Community

2024 VoteR 68% / D 31%
Commute32 min
Broadband92.1%
Internet Speed92 Mbps
EV Stations3
Libraries7

Did You Know?

The median home in Hancock was built in 1938.
The nearest airport is Sullivan County International (30 miles).
The Gini coefficient (income inequality) is 0.422 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
19.5% of the population has a disability.
There are 164 restaurants in the area.
The county recorded 6 fatal vehicle crashes.