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CITY · 2010 ACS

Hancock

Michigan · 4,634 residents · 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 $33,030. Population has held roughly steady since 2000. Median home value is $85,700. Households here earn about 32% less than the Michigan median. 37% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $52,703
Younger
median age 34.1
US median: 37.2
More educated
37% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
4,634
+7%since 2000
from 4,323 in 2000
1990 – 2025
Population density
1,668 / sq mi
+7%since 2000
from 1,556 / sq mi in 2000
US average: 261
Median age
34.1
−7%since 2000
from 36.8 in 2000
US average: 37.2
Population, 1990 – 2024
4K4K4K5K5K1990201020202024Hancock
20245K
1990201020202024
Section 02

Income & economy

Median household income
$33,030
−7%inflation adjusted, since 2000
from $28,118 in 2000
US average: $52,703
1990 – 2024
Per capita income
$22,047
+32%since 2000
from $16,669 in 2000
US average: $27,286
Households earning $100K+
18.7%
+2.6 ptssince 2009
from 16.1% in 2009
US average: 33.3%
Poverty rate
20.7%
+6.3 ptssince 2000
from 14.4% in 2000
US average: 13.8%
Income inequality (Gini)
0.506
US average: 0.461
Workforce by industry, 2010
Information11.3%
US avg: 11.5%
Retail trade6.6%
US avg: 10.9%
Wholesale trade4.9%
US avg: 7.2%
Other services4.4%
US avg: 7%
Arts, entertainment, food3.2%
US avg: 2.4%
Transportation & warehousing2.5%
US avg: 3.1%
Public administration1.9%
US avg: 4.9%
Finance & insurance1.4%
US avg: 5.1%
Professional, scientific, technical1%
US avg: 4.2%
Agriculture, forestry, fishing0.7%
US avg: 1.9%
Construction0.7%
US avg: 1.4%
Education & health services0.4%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$85,700
+3%inflation adjusted, since 2000
from $65,900 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$554
+12%inflation adjusted, since 2000
from $389 in 2000
US average: $853
Owner-occupied
31.4%
−27.1 ptssince 2000
from 58.5% in 2000
46.1% rent
Vacancy rate
6.0%
−2.1 ptssince 2009
from 8.1% in 2009
US average: 12.1%
Owner cost-burdened
26.7%
−1.5 ptssince 2009
from 28.2% in 2009
US average: 30.9%
Renter cost-burdened
62.8%
+0.7 ptssince 2009
from 62.2% in 2009
US average: 46.8%
Afford Score
2.6
+11%since 2000
from 2.3 in 2000
1990 – 2024
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)
2010
White, non-Hispanic93.6%(4,338)
Black1.1%(52)
Hispanic / Latino1.4%(67)
Asian1.7%(78)
Other1.5%(71)
Diversity Score14%(649)
Diversity Score
14
+116%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
37.4%
+9.7 ptssince 2000
from 27.7% in 2000
US average: 27.9%
High school or higher
89.9%
+7.8 ptssince 2000
from 82.1% in 2000
US average: 84.9%
Graduate degree
13.1%
+2.6 ptssince 2000
from 10.5% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
11.0 min
+13%since 2000
from 9.8 min in 2000
US average: 25.2
Drive alone to work
70.2%
+0.1 ptssince 2009
from 70.2% in 2009
US average: 76.2%
Carpooled to work
8.4%
−5.3 ptssince 2009
from 13.7% in 2009
US average: 10.4%
Public transit
0.5%
+0.2 ptssince 2009
from 0.3% in 2009
US average: 4.7%
Worked from home
2.6%
+1.8 ptssince 2009
from 0.8% in 2009
US average: 4.1%
Walked to work
11.1%
+1.1 ptssince 2009
from 10.0% in 2009
US average: 2.8%
Biked to work
3.5%
+0.8 ptssince 2009
from 2.8% in 2009
US average: 0.5%
No vehicle available
4.5%
−1.1 ptssince 2009
from 5.6% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
21.2%
−1.6 ptssince 2009
from 22.8% in 2009
US average: 12.9%
Management & professional
39.8%
−24.1 ptssince 2009
from 63.8% in 2009
US average: 35.2%
Section 08

People & community

Male
46.5%
−3.2 ptssince 2009
from 49.7% in 2009
Female
53.5%
+3.2 ptssince 2009
from 50.3% in 2009
Foreign born
4.4%
+1.1 ptssince 2009
from 3.3% in 2009
US average: 12.8%
Veterans
11.2%
−37.1 ptssince 2009
from 48.3% in 2009
US average: 9.9%
Drill deeper

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Compare Hancock to nearby cities

HANCOCK VS
Houghton
Income$43,456+32%
Home value$254,500+197%
Population8,560+86%
SEE FULL COMPARISON →
HANCOCK VS
Marquette
Income$55,613+68%
Home value$274,700+221%
Population21,944+377%
SEE FULL COMPARISON →
HANCOCK VS
Rhinelander
Income$51,421+56%
Home value$125,700+47%
Population8,242+79%
SEE FULL COMPARISON →
HANCOCK VS
Escanaba
Income$45,369+37%
Home value$125,200+46%
Population12,257+167%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hancock, Michigan?

Hancock, Michigan has about 4,634 residents according to the 2010 American Community Survey.

What is the median household income in Hancock, Michigan?

The typical household in Hancock, Michigan earns about $33,030 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 $85,700, and the typical rent is about $554 a month.

How educated are people in Hancock, Michigan?

About 37.4% 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 20.7% 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 87 residents, a change of about 2 percent over that period.

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

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