Last updated: 2024 BLS data · Page refreshed:
Hancock has a population of 4,574 with a median age of 31.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,574 |
| Median Age | 31.9 |
| White | 93.5% |
| Black or African American | 1.4% |
| Asian | 1.4% |
| Hispanic or Latino | 1.6% |
| Other / Two or More Races | 2.1% |
The median household income in Hancock is $59,519, which is 26.2% below the national median of $80,610. The per capita income is $34,311. The poverty rate is 19.1%.
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In Hancock, 97.8% of residents age 25+ have a high school diploma or higher, and 44.6% hold a bachelor's degree or higher (16.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.8% |
| Bachelor's Degree or Higher | 44.6% |
| Graduate or Professional Degree | 16.1% |
The median home value in Hancock is $165,600, below the national median of $303,400. The median monthly rent is $835. The homeownership rate is 55.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $165,600 |
| Median Monthly Rent | $835 |
| Homeownership Rate | 55.6% |
| Vacancy Rate | 13.0% |
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