Last updated: 2024 BLS data · Page refreshed:
Hancock has a population of 1,625 with a median age of 41.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,625 |
| Median Age | 41.8 |
| White | 91.6% |
| Black or African American | 0.9% |
| Other / Two or More Races | 7.5% |
The median household income in Hancock is $34,886, which is 56.7% below the national median of $80,610. The per capita income is $26,201. The poverty rate is 23.7%.
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In Hancock, 87.6% of residents age 25+ have a high school diploma or higher, and 10.2% hold a bachelor's degree or higher (5.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.6% |
| Bachelor's Degree or Higher | 10.2% |
| Graduate or Professional Degree | 5.2% |
The median home value in Hancock is $190,900, below the national median of $303,400. The median monthly rent is $924. The homeownership rate is 57.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $190,900 |
| Median Monthly Rent | $924 |
| Homeownership Rate | 57.9% |
| Vacancy Rate | 13.9% |
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