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CITY · 2010 ACS

Hancock

Minnesota · 765 residents · 0.903 sq mi
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The short version

Hancock has lower-than-average household income, with a median household income of $40,547. Population has held roughly steady since 2000. Median home value has risen by half since 2000, reaching $65,000. Households here earn about 29% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $52,703
Younger
median age 34.4
US median: 37.2
Less educated
20% 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
765
+7%since 2000
from 717 in 2000
1990 – 2025
Population density
847 / sq mi
+7%since 2000
from 794 / sq mi in 2000
US average: 261
Median age
34.4
−14%since 2000
from 40.1 in 2000
US average: 37.2
Population, 1990 – 2024
6787297798298801990201020202024Hancock
2024859
1990201020202024
Section 02

Income & economy

Median household income
$40,547
−7%inflation adjusted, since 2000
from $34,583 in 2000
US average: $52,703
1990 – 2024
Per capita income
$18,585
+9%since 2000
from $17,012 in 2000
US average: $27,286
Households earning $100K+
16.9%
−8.4 ptssince 2009
from 25.3% in 2009
US average: 33.3%
Poverty rate
8.7%
+0.8 ptssince 2000
from 8.0% in 2000
US average: 13.8%
Income inequality (Gini)
0.354
US average: 0.461
Workforce by industry, 2010
Retail trade19.6%
US avg: 10.9%
Information9.9%
US avg: 11.5%
Wholesale trade4.6%
US avg: 7.2%
Agriculture, forestry, fishing4.4%
US avg: 1.9%
Construction4.4%
US avg: 1.4%
Transportation & warehousing4.4%
US avg: 3.1%
Other services2.2%
US avg: 7%
Finance & insurance1.9%
US avg: 5.1%
Public administration1.5%
US avg: 4.9%
Professional, scientific, technical1.2%
US avg: 4.2%
Education & health services0.7%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$65,000
+24%inflation adjusted, since 2000
from $41,400 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$478
−5%inflation adjusted, since 2000
from $396 in 2000
US average: $853
Owner-occupied
49.7%
−28.2 ptssince 2000
from 77.9% in 2000
20.9% rent
Vacancy rate
9.8%
−2.2 ptssince 2009
from 12.0% in 2009
US average: 12.1%
Owner cost-burdened
23.1%
−0.5 ptssince 2009
from 23.7% in 2009
US average: 30.9%
Renter cost-burdened
18.0%
+10.1 ptssince 2009
from 7.9% in 2009
US average: 46.8%
Afford Score
1.6
+34%since 2000
from 1.2 in 2000
1990 – 2024
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)
2010
White, non-Hispanic95.4%(730)
Black0%(0)
Hispanic / Latino3.7%(28)
Asian0.1%(1)
Other3.8%(29)
Diversity Score17.4%(133)
Diversity Score
17
+888%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.0%
+10.2 ptssince 2000
from 9.8% in 2000
US average: 27.9%
High school or higher
93.9%
+12.8 ptssince 2000
from 81.1% in 2000
US average: 84.9%
Graduate degree
9.5%
+6.0 ptssince 2000
from 3.6% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
15.0 min
+52%since 2000
from 9.9 min in 2000
US average: 25.2
Drive alone to work
76.5%
−2.7 ptssince 2009
from 79.2% in 2009
US average: 76.2%
Carpooled to work
10.4%
+1.5 ptssince 2009
from 8.8% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
2.7%
+0.6 ptssince 2009
from 2.1% in 2009
US average: 4.1%
Walked to work
10.4%
+1.1 ptssince 2009
from 9.2% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
9.1%
+5.2 ptssince 2009
from 3.8% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
16.9%
−3.8 ptssince 2009
from 20.8% in 2009
US average: 12.9%
Management & professional
35.4%
−35.5 ptssince 2009
from 70.9% in 2009
US average: 35.2%
Section 08

People & community

Male
47.8%
−2.2 ptssince 2009
from 50.1% in 2009
Female
52.2%
+2.2 ptssince 2009
from 49.9% in 2009
Foreign born
5.0%
−0.8 ptssince 2009
from 5.8% in 2009
US average: 12.8%
Veterans
8.9%
−40.7 ptssince 2009
from 49.6% in 2009
US average: 9.9%
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Frequently asked

How many people live in Hancock, Minnesota?

Hancock, Minnesota has about 765 residents according to the 2010 American Community Survey.

What is the median household income in Hancock, Minnesota?

The typical household in Hancock, Minnesota earns about $40,547 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 $65,000, and the typical rent is about $478 a month.

How educated are people in Hancock, Minnesota?

About 20.0% 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 8.7% 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 70 residents, a change of about 10 percent over that period.

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

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