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CITY · 2010 ACS

Hancock

Maryland · 1,545 residents · 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 $31,858. Population has declined 10% since 2000. 8% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has more than doubled since 2000, reaching $165,000. Households here earn about 55% less than the Maryland median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 40.7
US median: 37.2
Less educated
8% hold a bachelor's degree
US average: 28%
Less affordable
home values up 81%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
1,545
−10%since 2000
from 1,725 in 2000
1990 – 2025
Population density
519 / sq mi
−10%since 2000
from 579 / sq mi in 2000
US average: 261
Median age
40.7
+12%since 2000
from 36.5 in 2000
US average: 37.2
Population, 1990 – 2024
1K2K2K2K2K1990201020202024Hancock
20242K
1990201020202024
Section 02

Income & economy

Median household income
$31,858
−12%inflation adjusted, since 2000
from $28,750 in 2000
US average: $52,703
1990 – 2024
Per capita income
$22,061
+60%since 2000
from $13,758 in 2000
US average: $27,286
Households earning $100K+
20.1%
−0.6 ptssince 2009
from 20.7% in 2009
US average: 33.3%
Poverty rate
16.3%
−0.4 ptssince 2000
from 16.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.457
US average: 0.461
Workforce by industry, 2010
Information24.3%
US avg: 11.5%
Retail trade9.7%
US avg: 10.9%
Other services7.1%
US avg: 7%
Wholesale trade6.9%
US avg: 7.2%
Transportation & warehousing3.9%
US avg: 3.1%
Finance & insurance3.7%
US avg: 5.1%
Professional, scientific, technical3.7%
US avg: 4.2%
Public administration1.1%
US avg: 4.9%
Agriculture, forestry, fishing0.9%
US avg: 1.9%
Construction0.9%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$165,000
+81%inflation adjusted, since 2000
from $72,100 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$506
−1%inflation adjusted, since 2000
from $403 in 2000
US average: $853
Owner-occupied
30.4%
−18.4 ptssince 2000
from 48.8% in 2000
50.6% rent
Vacancy rate
11.6%
−3.4 ptssince 2009
from 15.0% in 2009
US average: 12.1%
Owner cost-burdened
30.3%
+9.1 ptssince 2009
from 21.2% in 2009
US average: 30.9%
Renter cost-burdened
46.0%
−2.5 ptssince 2009
from 48.6% in 2009
US average: 46.8%
Afford Score
5.2
+107%since 2000
from 2.5 in 2000
1990 – 2024
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)
2010
White, non-Hispanic97.3%(1,503)
Black0.4%(6)
Hispanic / Latino0.5%(7)
Asian0.4%(6)
Other1%(15)
Diversity Score5.5%(84)
Diversity Score
5
+167%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
8.1%
+2.6 ptssince 2000
from 5.4% in 2000
US average: 27.9%
High school or higher
72.1%
+7.4 ptssince 2000
from 64.6% in 2000
US average: 84.9%
Graduate degree
1.3%
−1.1 ptssince 2000
from 2.4% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
32.1 min
+71%since 2000
from 18.8 min in 2000
US average: 25.2
Drive alone to work
67.5%
+7.0 ptssince 2009
from 60.5% in 2009
US average: 76.2%
Carpooled to work
23.2%
−3.3 ptssince 2009
from 26.5% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
3.7%
−0.2 ptssince 2009
from 3.9% in 2009
US average: 4.1%
Walked to work
3.7%
−1.3 ptssince 2009
from 5.0% in 2009
US average: 2.8%
Biked to work
0.0%
−1.8 ptssince 2009
from 1.8% in 2009
US average: 0.5%
No vehicle available
15.0%
+2.4 ptssince 2009
from 12.6% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
16.8%
+5.3 ptssince 2009
from 11.5% in 2009
US average: 12.9%
Management & professional
16.8%
−32.6 ptssince 2009
from 49.4% in 2009
US average: 35.2%
Section 08

People & community

Male
45.8%
−0.7 ptssince 2009
from 46.5% in 2009
Female
54.2%
+0.7 ptssince 2009
from 53.5% in 2009
Foreign born
0.7%
+0.1 ptssince 2009
from 0.7% in 2009
US average: 12.8%
Veterans
8.9%
−37.7 ptssince 2009
from 46.6% in 2009
US average: 9.9%
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Compare Hancock to nearby cities

HANCOCK VS
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Income$59,555+87%
Home value$240,000+45%
Population19,211+1115%
SEE FULL COMPARISON →
HANCOCK VS
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Income$71,036+123%
Home value$253,300+54%
Population10,849+586%
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HANCOCK VS
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Income$52,221+64%
Home value$224,500+36%
Population44,228+2697%
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HANCOCK VS
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Income$90,840+185%
Home value$341,300+107%
Population8,042+409%
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Frequently asked

How many people live in Hancock, Maryland?

Hancock, Maryland has about 1,545 residents according to the 2010 American Community Survey.

What is the median household income in Hancock, Maryland?

The typical household in Hancock, Maryland earns about $31,858 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 $165,000, and the typical rent is about $506 a month.

How educated are people in Hancock, Maryland?

About 8.1% 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 16.3% 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 381 residents, a change of about -20 percent over that period.

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

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