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CITY

Hancock

Michigan · 4,596 residents (2025 est.) · 2.779 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 $59,519. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $165,600. At a median age of 31.9, residents skew younger than the country as a whole.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 31.9
US median: 38.9
More educated
45% hold a bachelor's degree
US average: 36%
Less affordable
home values up 38%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,574
+6%since 2000
from 4,323 in 2000
1990 – 2025
Population density
1,646 / sq mi
+6%since 2000
from 1,556 / sq mi in 2000
US average: 281
Median age
31.9
−13%since 2000
from 36.8 in 2000
US average: 38.9

PEP 2025 EST:4,596 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4K4K4K5K5K1990201020202024Hancock
20245K
1990201020202024
Section 02

Income & economy

Median household income
$59,519
+16%inflation adjusted, since 2000
from $28,118 in 2000
US average: $82,259
1990 – 2024
Per capita income
$34,311
+106%since 2000
from $16,669 in 2000
US average: $44,673
Households earning $100K+
41.6%
+25.6 ptssince 2009
from 16.1% in 2009
US average: 53.3%
Poverty rate
19.1%
+4.8 ptssince 2000
from 14.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.458
−10%since 2010
from 0.506 in 2010
US average: 0.476
Workforce by industry, 2024
Information10.8%
US avg: 10.8%
Retail trade4.6%
US avg: 9.9%
Wholesale trade4.5%
US avg: 6.9%
Other services3.6%
US avg: 6.7%
Transportation & warehousing2.9%
US avg: 2.2%
Arts, entertainment, food2.7%
US avg: 1.9%
Public administration2.2%
US avg: 4.8%
Finance & insurance2%
US avg: 5.9%
Professional, scientific, technical2%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$165,600
+38%inflation adjusted, since 2000
from $65,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$835
+18%inflation adjusted, since 2000
from $389 in 2000
US average: $1,442
Owner-occupied
55.6%
−2.9 ptssince 2000
from 58.5% in 2000
44.4% rent
Vacancy rate
13.0%
+4.9 ptssince 2009
from 8.1% in 2009
US average: 10.0%
Owner cost-burdened
8.3%
−19.9 ptssince 2009
from 28.2% in 2009
US average: 22.9%
Renter cost-burdened
50.4%
−11.8 ptssince 2009
from 62.2% in 2009
US average: 47.4%
Afford Score
2.8
+19%since 2000
from 2.3 in 2000
1990 – 2024
Gentrification Score
71
RELATED:See current rent listings in Hancock on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.4%(4,124)
Black0.8%(33)
Hispanic / Latino0.8%(33)
Asian1.1%(46)
Other0%
Diversity Score6.5%(281)
2024
White, non-Hispanic93.2%(4,261)
Black1%(46)
Hispanic / Latino1.6%(72)
Asian1.4%(64)
Other2.9%(131)
Diversity Score16.4%(748)
Diversity Score
16
+152%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
44.6%
+16.9 ptssince 2000
from 27.7% in 2000
US average: 35.6%
High school or higher
97.8%
+15.7 ptssince 2000
from 82.1% in 2000
US average: 89.6%
Graduate degree
16.1%
+5.7 ptssince 2000
from 10.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
11.1 min
+14%since 2000
from 9.8 min in 2000
US average: 26.5
Drive alone to work
63.2%
−7.0 ptssince 2009
from 70.2% in 2009
US average: 68.9%
Carpooled to work
8.7%
−5.0 ptssince 2009
from 13.7% in 2009
US average: 8.5%
Public transit
1.0%
+0.7 ptssince 2009
from 0.3% in 2009
US average: 3.2%
Worked from home
19.5%
+18.8 ptssince 2009
from 0.8% in 2009
US average: 15.0%
Walked to work
6.7%
−3.3 ptssince 2009
from 10.0% in 2009
US average: 2.4%
Biked to work
0.7%
−2.1 ptssince 2009
from 2.8% in 2009
US average: 0.4%
No vehicle available
5.8%
+0.2 ptssince 2009
from 5.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.8%
−4.9 ptssince 2011
from 6.6% in 2011
US average: 5.2%
Labor force participation
59.5%
−0.3 ptssince 2011
from 59.8% in 2011
US average: 63.5%
Self-employed
22.0%
−0.8 ptssince 2009
from 22.8% in 2009
US average: 13.1%
Management & professional
41.5%
−22.3 ptssince 2009
from 63.8% in 2009
US average: 42.5%
Section 08

People & community

Male
53.5%
+3.8 ptssince 2009
from 49.7% in 2009
Female
46.5%
−3.8 ptssince 2009
from 50.3% in 2009
Foreign born
4.2%
+0.9 ptssince 2009
from 3.3% in 2009
US average: 14.1%
Veterans
7.8%
−40.5 ptssince 2009
from 48.3% in 2009
US average: 6.2%
With a disability
14.2%
+3.3 ptssince 2012
from 10.9% in 2012
US average: 13.3%
Uninsured
9.2%
−79.8 ptssince 2013
from 89.0% in 2013
US average: 8.4%
Broadband at home
92.0%
+22.3 ptssince 2017
from 69.7% in 2017
US average: 91.0%
English only at home
96.0%
−0.1 ptssince 2016
from 96.0% in 2016
US average: 77.7%
Spanish at home
0.2%
−1.3 ptssince 2016
from 1.5% in 2016
US average: 13.6%
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HANCOCK VS
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HANCOCK VS
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HANCOCK VS
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Frequently asked

How many people live in Hancock, Michigan?

Hancock, Michigan has about 4,574 residents according to the 2024 American Community Survey.

What is the median household income in Hancock, Michigan?

The typical household in Hancock, Michigan earns about $59,519 a year. Half of households make more than that, and half make less.

Is Hancock, Michigan expensive?

In Hancock, Michigan, the median home is worth about $165,600, and the typical rent is about $835 a month.

How educated are people in Hancock, Michigan?

About 44.6% of adults age 25 and over in Hancock, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Hancock, Michigan?

About 19.1% of people in Hancock, Michigan live below the federal poverty line.

Has Hancock, Michigan grown since 1990?

Yes, Hancock, Michigan has grown since 1990. The population has added about 27 residents, a change of about 1 percent over that period.

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

How we source and harmonize this data →