Living in Hancock, Massachusetts
Cost of living, income, home prices, rent and demographics of Hancock · Census data 2020–2024
Hancock has 752 residents with a median age of 47.1. The median household income is $96,250 (7% lower than the Massachusetts median), the median home value is $375,500, the median rent is $1,268/month.
Hancock is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hancock at a glance
- Population
- 752
- Median age
- 47.1State: 40
- Median household income
- $96,250State: $103,960
- Median home value
- $375,500State: $562,100
- Median rent
- $1,268/moState: $1,762
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 35.7%
- Average commute
- 22 min
Is Hancock a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 22 minutes; unemployment of 0.5%.
Cons: Median household income 7% lower than the Massachusetts median; a poverty rate of 10.6%.
The weather is best in June to September.
Cost of living in Hancock
Housing is the biggest part of the cost of living. In Hancock the median home value is $375,500, 13% higher than the U.S. median. Renters pay a median of $1,268 per month, which is 35.8% of household income. Homeowners with a mortgage pay $1,595 a month in housing costs.
Hancock median household income
The median household income in Hancock is $96,250 and the income per person is $46,803. 10.6% of residents live below the poverty line (Massachusetts: 10%).
Housing in Hancock: homes for sale and rent
- Housing units
- 864
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 64.9%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.47
64.9% of homes are vacant most of the year, a sign that Hancock has many vacation and second homes.
Hancock demographics
- Population
- 752
- Median age
- 47.1
- Under 18
- 19.1%
- 65 and older
- 27.3%
- Households
- 303
- Foreign-born
- 2.9%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Hancock ›
Education in Hancock
35.7% of adults 25 and older in Hancock have a bachelor's degree or higher (Massachusetts: 47.3%), and 16.1% have a graduate or professional degree.
Jobs and commute in Hancock
- Unemployment rate
- 0.5%State: 5.2%
- Average commute
- 22 minState: 29 min
- Work from home
- 10.4%
- Drive alone
- 80.9%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 94.1%
Hancock vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hancock | 752 | $96,250 | $375,500 | $1,268 |
| Lanesborough | 3,028 | $86,219 | $299,400 | $1,349 |
| Pittsfield | 43,457 | $70,582 | $256,900 | $1,134 |
| New Ashford | 257 | $102,188 | $390,700 | $960 |
| Dalton | 6,256 | $79,438 | $295,700 | $872 |
| Cheshire | 3,216 | $69,803 | $268,200 | — |
| East Nassau | 613 | $77,813 | $225,000 | $1,318 |
| Richmond | 1,403 | $106,250 | $584,500 | $1,593 |
| Lenox | 5,079 | $106,080 | $466,700 | $1,091 |
More for people moving to Hancock
Hancock ZIP code ›Weather and climate ›Living in Hancock: FAQ
What is the median household income in Hancock, MA?
The median household income in Hancock is $96,250, 7% lower than the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Hancock?
The median home value in Hancock is $375,500, compared with $562,100 in Massachusetts.
How much is rent in Hancock?
The median gross rent in Hancock is $1,268 per month, about 35.8% of household income.
Is Hancock, MA a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 22 minutes; unemployment of 0.5%. Minuses: median household income 7% lower than the Massachusetts median; a poverty rate of 10.6%.
What is the median age in Hancock?
The median age in Hancock is 47.1 years (Massachusetts: 40).
How long is the commute in Hancock?
The average commute to work in Hancock is 22 minutes; 10.4% of workers work from home.
What is the unemployment rate in Hancock?
The unemployment rate in Hancock is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hancock?
35.7% of adults in Hancock have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: