Last updated: 2024 BLS data · Page refreshed:
Hancock has a population of 745 with a median age of 52.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 745 |
| Median Age | 52.5 |
| White | 87.4% |
| Black or African American | 0.7% |
| Asian | 8.2% |
| Hispanic or Latino | 0.9% |
| Other / Two or More Races | 2.8% |
The median household income in Hancock is $51,765, which is 35.8% below the national median of $80,610. The per capita income is $32,472. The poverty rate is 16.6%.
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In Hancock, 91.5% of residents age 25+ have a high school diploma or higher, and 20.8% hold a bachelor's degree or higher (8.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.5% |
| Bachelor's Degree or Higher | 20.8% |
| Graduate or Professional Degree | 8.4% |
The median home value in Hancock is $150,000, below the national median of $303,400. The median monthly rent is $958. The homeownership rate is 52.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $150,000 |
| Median Monthly Rent | $958 |
| Homeownership Rate | 52.7% |
| Vacancy Rate | 40.9% |
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