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CITY · 2020 ACS

Hancock

Minnesota · 863 residents · 0.903 sq mi
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The short version

Hancock has roughly average household income, with a median household income of $67,969. Population has grown 20% since 2000. 16% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $90,900. At a median age of 34.4, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $66,278
Younger
median age 34.4
US median: 38.8
Less educated
16% hold a bachelor's degree
US average: 33%
Less affordable
home values up 46%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
863
+20%since 2000
from 717 in 2000
1990 – 2025
Population density
956 / sq mi
+20%since 2000
from 794 / sq mi in 2000
US average: 280
Median age
34.4
−14%since 2000
from 40.1 in 2000
US average: 38.8
Population, 1990 – 2024
6787297798298801990201020202024Hancock
2024859
1990201020202024
Section 02

Income & economy

Median household income
$67,969
+31%inflation adjusted, since 2000
from $34,583 in 2000
US average: $66,278
1990 – 2024
Per capita income
$25,418
+49%since 2000
from $17,012 in 2000
US average: $35,364
Households earning $100K+
40.1%
+14.7 ptssince 2009
from 25.3% in 2009
US average: 43.9%
Poverty rate
9.0%
+1.1 ptssince 2000
from 8.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade15.6%
US avg: 10%
Wholesale trade13.3%
US avg: 6.7%
Finance & insurance7.8%
US avg: 5.5%
Professional, scientific, technical7.8%
US avg: 4.7%
Information7.2%
US avg: 11.1%
Agriculture, forestry, fishing4.3%
US avg: 1.7%
Construction4.3%
US avg: 1.2%
Transportation & warehousing2%
US avg: 2.5%
Other services1.7%
US avg: 6.6%
Public administration1.4%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$90,900
+46%inflation adjusted, since 2000
from $41,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$788
+32%inflation adjusted, since 2000
from $396 in 2000
US average: $1,124
Owner-occupied
79.8%
+1.9 ptssince 2000
from 77.9% in 2000
20.2% rent
Afford Score
1.3
+12%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)
2020
White, non-Hispanic77.2%(666)
Black0.6%(5)
Hispanic / Latino17.8%(154)
Asian0.7%(6)
Other5.5%(47)
Diversity Score48.9%(422)
Diversity Score
49
+2685%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
15.9%
+6.1 ptssince 2000
from 9.8% in 2000
US average: 32.9%
High school or higher
95.2%
+14.1 ptssince 2000
from 81.1% in 2000
US average: 88.5%
Graduate degree
2.6%
−0.9 ptssince 2000
from 3.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
21.4 min
+117%since 2000
from 9.9 min in 2000
US average: 26.9
Drive alone to work
76.0%
−3.2 ptssince 2009
from 79.2% in 2009
US average: 75.1%
No vehicle available
4.2%
+0.4 ptssince 2009
from 3.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.2%
−1.7 ptssince 2011
from 9.0% in 2011
US average: 5.4%
Labor force participation
67.4%
−4.9 ptssince 2011
from 72.4% in 2011
US average: 63.4%
Management & professional
27.1%
−43.8 ptssince 2009
from 70.9% in 2009
US average: 39.3%
Section 08

People & community

Male
55.1%
+5.0 ptssince 2009
from 50.1% in 2009
Female
44.9%
−5.0 ptssince 2009
from 49.9% in 2009
Foreign born
2.7%
−3.1 ptssince 2009
from 5.8% in 2009
US average: 13.5%
Uninsured
7.4%
−84.1 ptssince 2013
from 91.5% in 2013
US average: 8.8%
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Frequently asked

How many people live in Hancock, Minnesota?

Hancock, Minnesota has about 863 residents according to the 2020 American Community Survey.

What is the median household income in Hancock, Minnesota?

The typical household in Hancock, Minnesota earns about $67,969 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 $90,900, and the typical rent is about $788 a month.

How educated are people in Hancock, Minnesota?

About 15.9% 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 9.0% 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 168 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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