CensusEasy
CITY · 2020 ACS

Hancock

Michigan · 4,501 residents · 2.779 sq mi
Time machine
COMPARE TO
Part of the Houghton micropolitan area
Compare
The short version

Hancock has notably lower household income than the US average, with a median household income of $39,886. Population has held roughly steady since 2000. 45% of adults hold a bachelor's degree or higher. Median home value has risen by half since 2000, reaching $110,500. The poverty rate of 22.5% is well above the national figure. Households here earn about 33% less than the Michigan median.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 35.9
US median: 38.8
More educated
45% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,501
+4%since 2000
from 4,323 in 2000
1990 – 2025
Population density
1,620 / sq mi
+4%since 2000
from 1,556 / sq mi in 2000
US average: 280
Median age
35.9
−2%since 2000
from 36.8 in 2000
US average: 38.8
Population, 1990 – 2024
4K4K4K5K5K1990201020202024Hancock
20245K
1990201020202024
Section 02

Income & economy

Median household income
$39,886
−6%inflation adjusted, since 2000
from $28,118 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,649
+66%since 2000
from $16,669 in 2000
US average: $35,364
Households earning $100K+
30.3%
+14.2 ptssince 2009
from 16.1% in 2009
US average: 43.9%
Poverty rate
22.5%
+8.2 ptssince 2000
from 14.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Information9.6%
US avg: 11.1%
Retail trade4.7%
US avg: 10%
Wholesale trade3.3%
US avg: 6.7%
Other services3.3%
US avg: 6.6%
Finance & insurance3.1%
US avg: 5.5%
Professional, scientific, technical3.1%
US avg: 4.7%
Transportation & warehousing1.4%
US avg: 2.5%
Public administration1.2%
US avg: 4.7%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Construction0.7%
US avg: 1.2%
Manufacturing0.4%
US avg: 0.5%
Arts, entertainment, food0.1%
US avg: 2%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$110,500
+12%inflation adjusted, since 2000
from $65,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$630
+8%inflation adjusted, since 2000
from $389 in 2000
US average: $1,124
Owner-occupied
50.3%
−8.2 ptssince 2000
from 58.5% in 2000
49.7% rent
Afford Score
2.8
+18%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)
2020
White, non-Hispanic88.5%(3,983)
Black1.5%(66)
Hispanic / Latino2.5%(114)
Asian1.8%(80)
Other2.5%(113)
Diversity Score20.3%(912)
Diversity Score
20
+212%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
45.4%
+17.7 ptssince 2000
from 27.7% in 2000
US average: 32.9%
High school or higher
92.6%
+10.5 ptssince 2000
from 82.1% in 2000
US average: 88.5%
Graduate degree
21.4%
+10.9 ptssince 2000
from 10.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
13.6 min
+39%since 2000
from 9.8 min in 2000
US average: 26.9
Drive alone to work
59.9%
−10.3 ptssince 2009
from 70.2% in 2009
US average: 75.1%
No vehicle available
10.9%
+5.3 ptssince 2009
from 5.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.1%
−3.5 ptssince 2011
from 6.6% in 2011
US average: 5.4%
Labor force participation
59.0%
−0.9 ptssince 2011
from 59.8% in 2011
US average: 63.4%
Management & professional
47.9%
−16.0 ptssince 2009
from 63.8% in 2009
US average: 39.3%
Section 08

People & community

Male
56.1%
+6.5 ptssince 2009
from 49.7% in 2009
Female
43.9%
−6.5 ptssince 2009
from 50.3% in 2009
Foreign born
7.2%
+3.9 ptssince 2009
from 3.3% in 2009
US average: 13.5%
Uninsured
10.8%
−78.2 ptssince 2013
from 89.0% in 2013
US average: 8.8%
Drill deeper

Places similar to Hancock

Mulberry
Pop 4,573
Nassau Village-Ratliff
Pop 4,737
Fellsmere
Pop 5,025
Bunnell
Pop 4,298
Places similar to Hancock
Head to head

Compare Hancock to nearby cities

HANCOCK VS
Houghton
Income$43,456+9%
Home value$254,500+130%
Population8,560+86%
SEE FULL COMPARISON →
HANCOCK VS
Marquette
Income$55,613+39%
Home value$274,700+149%
Population21,944+377%
SEE FULL COMPARISON →
HANCOCK VS
Rhinelander
Income$51,421+29%
Home value$125,700+14%
Population8,242+79%
SEE FULL COMPARISON →
HANCOCK VS
Escanaba
Income$45,369+14%
Home value$125,200+13%
Population12,257+167%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hancock, Michigan?

Hancock, Michigan has about 4,501 residents according to the 2020 American Community Survey.

What is the median household income in Hancock, Michigan?

The typical household in Hancock, Michigan earns about $39,886 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 $110,500, and the typical rent is about $630 a month.

How educated are people in Hancock, Michigan?

About 45.4% 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 22.5% of people in Hancock, Michigan live below the federal poverty line.

Has Hancock, Michigan grown since 1990?

Yes, Hancock, Michigan has shrunk since 1990. The population has lost about 46 residents, a change of about -1 percent over that period.

Keep going

Explore from here

Up the hierarchy
Michigan
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Hancock with another place

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

How we source and harmonize this data →