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CITY

Hancock

Maryland · 1,581 residents (2025 est.) · 2.978 sq mi
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The short version

Hancock has notably lower household income than the US average, with a median household income of $34,886. Population has declined 6% since 2000. 10% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $190,900. The poverty rate of 23.7% is well above the national figure. Households here earn about 66% less than the Maryland median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 41.8
US median: 38.9
Less educated
10% hold a bachelor's degree
US average: 36%
Less affordable
home values up 45%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,625
−6%since 2000
from 1,725 in 2000
1990 – 2025
Population density
546 / sq mi
−6%since 2000
from 579 / sq mi in 2000
US average: 281
Median age
41.8
+15%since 2000
from 36.5 in 2000
US average: 38.9

PEP 2025 EST:1,581 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K2K2K2K2K1990201020202024Hancock
20242K
1990201020202024
Section 02

Income & economy

Median household income
$34,886
−33%inflation adjusted, since 2000
from $28,750 in 2000
US average: $82,259
1990 – 2024
Per capita income
$26,201
+90%since 2000
from $13,758 in 2000
US average: $44,673
Households earning $100K+
20.0%
−0.7 ptssince 2009
from 20.7% in 2009
US average: 53.3%
Poverty rate
23.7%
+6.9 ptssince 2000
from 16.8% in 2000
US average: 12.5%
Income inequality (Gini)
0.450
−1%since 2010
from 0.457 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade14.8%
US avg: 9.9%
Wholesale trade7.4%
US avg: 6.9%
Information3.9%
US avg: 10.8%
Finance & insurance3.6%
US avg: 5.9%
Professional, scientific, technical3.6%
US avg: 5.1%
Arts, entertainment, food2.3%
US avg: 1.9%
Transportation & warehousing1%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$190,900
+45%inflation adjusted, since 2000
from $72,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$924
+26%inflation adjusted, since 2000
from $403 in 2000
US average: $1,442
Owner-occupied
57.9%
+9.1 ptssince 2000
from 48.8% in 2000
42.1% rent
Vacancy rate
13.9%
−1.1 ptssince 2009
from 15.0% in 2009
US average: 10.0%
Owner cost-burdened
30.9%
+9.7 ptssince 2009
from 21.2% in 2009
US average: 22.9%
Renter cost-burdened
78.0%
+29.4 ptssince 2009
from 48.6% in 2009
US average: 47.4%
Afford Score
5.5
+118%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
19
RELATED:See current rent listings in Hancock on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98%(1,690)
Black0.3%(6)
Hispanic / Latino0.5%(8)
Asian0%(0)
Other0%
Diversity Score2%(35)
2024
White, non-Hispanic91.6%(1,488)
Black0.9%(15)
Hispanic / Latino0%(0)
Asian0%(0)
Other7.5%(122)
Diversity Score19.5%(316)
Diversity Score
19
+854%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
10.2%
+4.7 ptssince 2000
from 5.4% in 2000
US average: 35.6%
High school or higher
87.6%
+22.9 ptssince 2000
from 64.6% in 2000
US average: 89.6%
Graduate degree
5.2%
+2.8 ptssince 2000
from 2.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
37.3 min
+99%since 2000
from 18.8 min in 2000
US average: 26.5
Drive alone to work
72.9%
+12.5 ptssince 2009
from 60.5% in 2009
US average: 68.9%
Carpooled to work
19.2%
−7.3 ptssince 2009
from 26.5% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
7.1%
+3.2 ptssince 2009
from 3.9% in 2009
US average: 15.0%
Walked to work
0.8%
−4.1 ptssince 2009
from 5.0% in 2009
US average: 2.4%
Biked to work
0.0%
−1.8 ptssince 2009
from 1.8% in 2009
US average: 0.4%
No vehicle available
13.0%
+0.4 ptssince 2009
from 12.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.7%
−7.6 ptssince 2011
from 10.3% in 2011
US average: 5.2%
Labor force participation
49.6%
−16.7 ptssince 2011
from 66.2% in 2011
US average: 63.5%
Self-employed
15.1%
+3.6 ptssince 2009
from 11.5% in 2009
US average: 13.1%
Management & professional
20.4%
−29.0 ptssince 2009
from 49.4% in 2009
US average: 42.5%
Section 08

People & community

Male
41.2%
−5.2 ptssince 2009
from 46.5% in 2009
Female
58.8%
+5.2 ptssince 2009
from 53.5% in 2009
Foreign born
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 14.1%
Veterans
3.0%
−43.6 ptssince 2009
from 46.6% in 2009
US average: 6.2%
With a disability
16.4%
−1.3 ptssince 2012
from 17.7% in 2012
US average: 13.3%
Uninsured
5.1%
−84.3 ptssince 2013
from 89.4% in 2013
US average: 8.4%
Broadband at home
79.1%
+14.9 ptssince 2017
from 64.2% in 2017
US average: 91.0%
English only at home
100.0%
+3.5 ptssince 2016
from 96.5% in 2016
US average: 77.7%
Spanish at home
0.0%
−2.0 ptssince 2016
from 2.0% in 2016
US average: 13.6%
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HANCOCK VS
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HANCOCK VS
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Frequently asked

How many people live in Hancock, Maryland?

Hancock, Maryland has about 1,625 residents according to the 2024 American Community Survey.

What is the median household income in Hancock, Maryland?

The typical household in Hancock, Maryland earns about $34,886 a year. Half of households make more than that, and half make less.

Is Hancock, Maryland expensive?

In Hancock, Maryland, the median home is worth about $190,900, and the typical rent is about $924 a month.

How educated are people in Hancock, Maryland?

About 10.2% of adults age 25 and over in Hancock, Maryland hold a bachelor's degree or higher.

What is the poverty rate in Hancock, Maryland?

About 23.7% of people in Hancock, Maryland live below the federal poverty line.

Has Hancock, Maryland grown since 1990?

Yes, Hancock, Maryland has shrunk since 1990. The population has lost about 301 residents, a change of about -16 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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