At a Glance
Median Income
$48,255
$23,447 per capita
Home Value
$147,200
Zillow: $247,298
Median Rent
$677/mo
20.6% of income on rent
Bachelor's Degree+
5.1%
85.1% high school+
Unemployment
11.0%
25.9% poverty rate
Obesity Rate
40.4%
18.0% 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?
C+
2.7 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Hancock residents earn a median household income of $48,255 , which is 36% below the national average of $75,149.
Per capita income is $23,447. The unemployment rate stands at 11.0% (206% above the U.S. rate of 3.6%). 25.9% of residents live below the poverty line. The area is home to 571 business establishments, including 67 restaurants.
Housing & Cost of Living
The median home value in Hancock is $147,200 , 48% below the national median of $281,900.
Zillow estimates the typical home at $247,298. Median rent is $677/month, with 20.6% of renters spending more than 30% of income on housing. The cost of living index is 94.1 (100 = national average). The median home was built in 1967.
Education
5.1% of adults in Hancock hold a bachelor's degree or higher
(85% below the national average).
85.1% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Hancock has an average annual temperature of 45°F (7°C).
Winters average 16°F in January while summers reach 70°F in July. Annual precipitation totals 34.3 inches.
Data Overview
People
Population439
Median Age44.3 yrs
Density418/mi²
Male / Female53% / 47%
Foreign Born1.8%
Veterans2.1%
Economy
D
Median Income$48,255
Per Capita$23,447
Unemployment11.0%
Poverty25.9%
County GDP$919M
Avg Weekly Wage$841
Housing
A+
Home Value$147,200
Rent$677
Ownership70.1%
Zillow$247,298
Housing Units290
Rent Burden20.6%
Health
Obesity40.4%
Diabetes10.8%
Smoking18.0%
Heart Disease6.1%
Premature Death8,261/100K
Climate
Avg Temp45°F
Rain34.3 in/yr
Elevation1,086 ft
Education
F
Bachelor's+5.1%
High School+85.1%
Graduate+2.0%
School Score5.6/10
Community
2024 VoteR 67% / D 32%
Commute22 min
Broadband86.0%
Internet Speed55 Mbps
EV Stations1
Libraries8
Did You Know?
The median home in Hancock was built in 1967.
17.5% work from home.
The nearest airport is Wittman Regional (47 miles).
The Gini coefficient (income inequality) is 0.439 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
24.1% of the population has a disability.
The county recorded 3 fatal vehicle crashes.