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Hancock, Iowa

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
216
Population
$82,083
Median Income
$98,600
Home Value
47.1
Median Age

Demographics

Hancock has a population of 216 with a median age of 47.1. Here is the racial and ethnic breakdown of the population:

White
90.7%
Other
5.1%
Black
4.2%
Demographic Value
Total Population216
Median Age47.1
White90.7%
Black or African American4.2%
Other / Two or More Races5.1%
Hancock, Iowa — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 90.7%Other: 5.1%Black: 4.2%216PopulationWhiteWhite90.7%OtherOther5.1%BlackBlack4.2%

Income & Economy

The median household income in Hancock is $82,083, which is 1.8% above the national median of $80,610. The per capita income is $41,457. The poverty rate is 5.6%.

$82,083
Median Household Income
$41,457
Per Capita Income
5.6%
Poverty Rate

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Education

In Hancock, 100.0% of residents age 25+ have a high school diploma or higher, and 24.0% hold a bachelor's degree or higher (3.2% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
24.0%
Graduate+
3.2%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher24.0%
Graduate or Professional Degree3.2%

Housing

The median home value in Hancock is $98,600, below the national median of $303,400. The median monthly rent is $922. The homeownership rate is 84.5%.

$98,600
Median Home Value
$922/mo
Median Rent
84.5%
Homeownership Rate
Housing Metric Value
Median Home Value$98,600
Median Monthly Rent$922
Homeownership Rate84.5%
Vacancy Rate9.3%

Salaries in Iowa

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Frequently Asked Questions

What is the population of Hancock, Iowa?
The population of Hancock, Iowa is 216 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hancock, Iowa?
The median household income in Hancock, Iowa is $82,083. This is 1.8% above the national median of $80,610.
What is the median home value in Hancock, Iowa?
The median home value in Hancock, Iowa is $98,600. The median monthly rent is $922.
What percentage of people in Hancock have a college degree?
In Hancock, Iowa, 24.0% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Hancock, Iowa an affordable place to live?
The home price-to-income ratio in Hancock, Iowa is 1.2x (median home value $98,600 vs. median income $82,083), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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