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CITY

Hancock

Minnesota · 846 residents (2025 est.) · 0.903 sq mi
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The short version

Hancock has lower-than-average household income, with a median household income of $70,481. Population has grown 20% since 2000. 17% 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 $98,800.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 37.1
US median: 38.9
Less educated
17% hold a bachelor's degree
US average: 36%
Less affordable
home values up 31%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
859
+20%since 2000
from 717 in 2000
1990 – 2025
Population density
951 / sq mi
+20%since 2000
from 794 / sq mi in 2000
US average: 281
Median age
37.1
−7%since 2000
from 40.1 in 2000
US average: 38.9

PEP 2025 EST:846 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
6787297798298801990201020202024Hancock
2024859
1990201020202024
Section 02

Income & economy

Median household income
$70,481
+12%inflation adjusted, since 2000
from $34,583 in 2000
US average: $82,259
1990 – 2024
Per capita income
$30,671
+80%since 2000
from $17,012 in 2000
US average: $44,673
Households earning $100K+
46.1%
+20.8 ptssince 2009
from 25.3% in 2009
US average: 53.3%
Poverty rate
7.8%
−0.1 ptssince 2000
from 8.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.312
−12%since 2010
from 0.354 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade16.1%
US avg: 9.9%
Agriculture, forestry, fishing13.5%
US avg: 1.6%
Construction13.5%
US avg: 1.2%
Finance & insurance13.2%
US avg: 5.9%
Professional, scientific, technical13.2%
US avg: 5.1%
Wholesale trade12.7%
US avg: 6.9%
Information5.8%
US avg: 10.8%
Transportation & warehousing2.9%
US avg: 2.2%
Other services1.4%
US avg: 6.7%
Public administration1.2%
US avg: 4.8%
Arts, entertainment, food0.7%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$98,800
+31%inflation adjusted, since 2000
from $41,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$792
+10%inflation adjusted, since 2000
from $396 in 2000
US average: $1,442
Owner-occupied
81.7%
+3.8 ptssince 2000
from 77.9% in 2000
18.3% rent
Vacancy rate
10.8%
−1.2 ptssince 2009
from 12.0% in 2009
US average: 10.0%
Owner cost-burdened
6.1%
−17.6 ptssince 2009
from 23.7% in 2009
US average: 22.9%
Renter cost-burdened
16.9%
+9.0 ptssince 2009
from 7.9% in 2009
US average: 47.4%
Afford Score
1.4
+17%since 2000
from 1.2 in 2000
1990 – 2024
Gentrification Score
43
RELATED:See current rent listings in Hancock on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98%(703)
Black0.1%(1)
Hispanic / Latino0.3%(2)
Asian0.3%(2)
Other0%
Diversity Score1.8%(13)
2024
White, non-Hispanic79.4%(682)
Black0.8%(7)
Hispanic / Latino12%(103)
Asian1.6%(14)
Other6.2%(53)
Diversity Score43.9%(377)
Diversity Score
44
+2398%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.7%
+7.0 ptssince 2000
from 9.8% in 2000
US average: 35.6%
High school or higher
94.3%
+13.2 ptssince 2000
from 81.1% in 2000
US average: 89.6%
Graduate degree
2.8%
−0.8 ptssince 2000
from 3.6% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
15.5 min
+57%since 2000
from 9.9 min in 2000
US average: 26.5
Drive alone to work
81.5%
+2.3 ptssince 2009
from 79.2% in 2009
US average: 68.9%
Carpooled to work
7.8%
−1.0 ptssince 2009
from 8.8% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
5.6%
+3.5 ptssince 2009
from 2.1% in 2009
US average: 15.0%
Walked to work
4.9%
−4.4 ptssince 2009
from 9.2% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
0.6%
−3.2 ptssince 2009
from 3.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.2%
−3.7 ptssince 2011
from 9.0% in 2011
US average: 5.2%
Labor force participation
68.0%
−4.4 ptssince 2011
from 72.4% in 2011
US average: 63.5%
Self-employed
12.7%
−8.0 ptssince 2009
from 20.8% in 2009
US average: 13.1%
Management & professional
23.6%
−47.3 ptssince 2009
from 70.9% in 2009
US average: 42.5%
Section 08

People & community

Male
52.3%
+2.2 ptssince 2009
from 50.1% in 2009
Female
47.7%
−2.2 ptssince 2009
from 49.9% in 2009
Foreign born
9.8%
+4.0 ptssince 2009
from 5.8% in 2009
US average: 14.1%
Veterans
2.9%
−46.7 ptssince 2009
from 49.6% in 2009
US average: 6.2%
With a disability
6.9%
−7.8 ptssince 2012
from 14.7% in 2012
US average: 13.3%
Uninsured
8.1%
−83.4 ptssince 2013
from 91.5% in 2013
US average: 8.4%
Broadband at home
92.3%
+7.2 ptssince 2017
from 85.1% in 2017
US average: 91.0%
English only at home
86.8%
−7.5 ptssince 2016
from 94.3% in 2016
US average: 77.7%
Spanish at home
8.0%
+3.0 ptssince 2016
from 5.0% in 2016
US average: 13.6%
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Frequently asked

How many people live in Hancock, Minnesota?

Hancock, Minnesota has about 859 residents according to the 2024 American Community Survey.

What is the median household income in Hancock, Minnesota?

The typical household in Hancock, Minnesota earns about $70,481 a year. Half of households make more than that, and half make less.

Is Hancock, Minnesota expensive?

In Hancock, Minnesota, the median home is worth about $98,800, and the typical rent is about $792 a month.

How educated are people in Hancock, Minnesota?

About 16.7% of adults age 25 and over in Hancock, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Hancock, Minnesota?

About 7.8% of people in Hancock, Minnesota live below the federal poverty line.

Has Hancock, Minnesota grown since 1990?

Yes, Hancock, Minnesota has grown since 1990. The population has added about 164 residents, a change of about 24 percent over that period.

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

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